
K. V. Toys India Limited is a contract manufacturer and seller of a diverse range of plastic-moulded and metal-based toys. The company transitioned from importing and trading to a manufacturing model aligned with the 'Make in India' initiative, operating through 11 OEM partners. Its extensive product portfolio of over 700 SKUs includes proprietary brands such as Alia & Olivia (dolls), Yes Motors (die-cast cars), Funny Bubbles (bubble toys), and Thunder Strike (soft bullet guns). The company has a strong pan-India distribution network and has recently expanded into export markets, including Germany.
Dec 08, 2025
Dec 10, 2025
Dec 15, 2025
SME
Closed
40.15 Cr
40.15 Cr
0 Cr
₹227 - ₹239
600
The net proceeds from the fresh issue are proposed to be utilized towards funding the following objects:
Funding working capital requirements to support expanded operations, including catering to new verticals and geographies, offering better credit terms, and managing higher sales volumes in both domestic and global markets.
Repayment or prepayment of all or a portion of certain borrowings availed by the company, aiming to reduce debt and improve the debt-to-equity ratio.
Funding general corporate purposes, which may include strategic initiatives, brand-building activities, and other operational expenses not covered by specific objects, to support overall business growth.
23.94
9.98
16.38%
16.38%
30.9%
—
5.02%
7.54%
1.79
Diverse product portfolio with over 700 SKUs and established proprietary brands catering to various age groups.
Asset-light manufacturing model using 11 OEM partners, coupled with in-house quality control and design capabilities.
Extensive pan-India distribution network with over 2,000 general trade buyers and partnerships with more than 30 modern retail chains.
Experienced management team with deep expertise in the toy industry, guiding sales, production, and strategic expansion.
Heavy reliance on third-party OEM partners for production, which may pose risks related to quality consistency and supply chain control.
Significant customer concentration, with top ten customers accounting for a substantial portion of total sales.
Limited experience in international markets, with exports only recently initiated in 2024.
Dependence on the skills and strategic vision of a small group of key promoters and management personnel.
Rapidly growing Indian toy market, projected to reach $4.7 billion by 2033, driven by a large child population and rising incomes.
Favorable government policies like 'Make in India' and increased import duties creating a supportive environment for domestic manufacturers.
Potential for expansion into high-growth product segments like educational and STEM toys, and further penetration of international export markets.
Increasing consumer shift towards branded and quality-compliant toys, benefiting organized players with strong brand equity.
Intense competition from a highly fragmented market comprising numerous unorganized players and low-cost imported products.
Shifting consumer preferences towards digital entertainment and video games, which could reduce the demand for traditional physical toys.
Vulnerability to price fluctuations of key raw materials like plastics and metals, which could impact profit margins.
Adherence to stringent and evolving safety and quality standards (like BIS), with non-compliance risks leading to penalties or product recalls.
K. V. Toys India Limited is a contract manufacturer and seller of a diverse range of plastic-moulded and metal-based toys. The company transitioned from importing and trading to a manufacturing model aligned with the 'Make in India' initiative, operating through 11 OEM partners. Its extensive product portfolio of over 700 SKUs includes proprietary brands such as Alia & Olivia (dolls), Yes Motors (die-cast cars), Funny Bubbles (bubble toys), and Thunder Strike (soft bullet guns). The company has a strong pan-India distribution network and has recently expanded into export markets, including Germany.
The K.V.Toys India Ltd. IPO is scheduled to open for subscription on Dec 08, 2025 and close on Dec 10, 2025. Investors can apply for shares during this period through eligible platforms.
The price band for the K.V.Toys India Ltd. IPO is ₹227 to ₹239. Investors can place bids within this range once the issue opens.
The minimum lot size for the K.V.Toys India Ltd. IPO is 600 shares. The minimum investment amount ₹1,43,400.
The total issue size of the K.V.Toys India Ltd. IPO is approximately ₹40.15. Issue size represents the total value of shares offered to the public.
As per the latest available information, the K.V.Toys India Ltd. IPO has been subscribed 16.4 times. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the K.V.Toys India Ltd. IPO is not available as of now. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of K.V.Toys India Ltd. are expected to list on stock exchanges on Dec 15, 2025, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the K.V.Toys India Ltd. IPO are proposed to be used for The net proceeds from the fresh issue are proposed to be utilized towards funding the following objects:, Funding working capital requirements to support expanded operations, including catering to new verticals and geographies, offering better credit terms, and managing higher sales volumes in both domestic and global markets., Repayment or prepayment of all or a portion of certain borrowings availed by the company, aiming to reduce debt and improve the debt-to-equity ratio., Funding general corporate purposes, which may include strategic initiatives, brand-building activities, and other operational expenses not covered by specific objects, to support overall business growth.
Before applying for the K.V.Toys India Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.