KV Toys India is set to debut on the stock market today, December 15, 2025, and grey market premium (GMP) indicators suggest a strong listing. The IPO witnessed substantial investor interest, exceeding subscription expectations, signaling aggressive participation from investors aiming for listing gains.
IPO Overview
The K.V. Toys India IPO is a book-built issue of ₹40.15 crores. The issue consists entirely of a fresh issue of 0.17 crore shares. The IPO was open for subscription from December 8 to December 10, 2025. The price band was fixed at ₹227 to ₹239 per share, with a lot size of 600 shares for application. This translates to a minimum investment of ₹2,86,800 for retail investors.
Subscription Status
The IPO was subscribed 352.63 times overall. The retail investor category was subscribed 376.41 times, the non-institutional investors (NII) category 505.19 times, and the qualified institutional buyers (QIBs) portion 193.25 times.
Allotment Status
The allotment for the K.V. Toys India IPO was finalized on December 11, 2025. Investors can check their allotment status on the registrar's website, Purva Sharegistry India Pvt Ltd, as well as on the BSE website.
Grey Market Premium (GMP)
Grey Market Premium (GMP) is an unofficial indicator of investor sentiment before the IPO listing. It represents the premium amount at which IPO shares are traded in the grey market.
On December 11, 2025, the GMP for K.V. Toys India IPO was reported at ₹105 per share. More recently, on December 13, 2025, the GMP was ₹151, implying a potential listing gain of 63%. As of December 11, 2025, the GMP was ₹145, which translates to an estimated listing price of ₹384. Based on the current GMP, the estimated profit for a lot size of 600 shares is ₹1,74,000.
It's important to note that GMP is highly volatile and subject to change based on market conditions, subscription levels, and overall market sentiment.
Company Overview
K.V. Toys India Limited is a toy manufacturer engaged in designing, developing, and manufacturing various plastic-molded and metal-based toys. The company has a diversified toy portfolio across multiple categories and a strong supplier network. They sell products under proprietary brands like Alia & Olivia, Yes Motors, and Thunder Strike.
Financial Performance
As of September 30, 2025, the company reported assets of ₹57.46 crore and total income of ₹80.90 crore. The profit after tax (PAT) was ₹4.06 crore, and EBITDA stood at ₹6.10 crore. The company's total borrowings were ₹25.57 crore as of the same date. The net proceeds from the IPO are planned to fund working capital requirements and repayment/prepayment of certain borrowings.
Listing Details
The K.V. Toys India IPO will list on the BSE SME platform. The tentative listing date is December 15, 2025.
How to Check Allotment Status
Investors can check their K.V. Toys India IPO allotment status through the following methods:
- BSE Website: Visit the BSE IPO Allotment Status page, select "Equity," choose K. V. Toys India Ltd., and enter your PAN or application number.
- Purva Sharegistry Website: Go to the registrar's IPO allotment status page, select K.V. Toys India Ltd., and enter your PAN, application number, or client ID.
- IPO Ji App/Website: Launch the IPO Ji app or visit ipoji.com, choose K. V. Toys India Limited IPO, and check the status.
