KVS Castings SME IPO Subscription Status
KVS Castings SME IPO closed on 30 September 2025 with an overall subscription of 4.09x based on shares applied. QIB demand came in at 6.03x, NII at 5.38x, and retail at 2.60x.
Allotment will be finalised on 1 October 2025. The stock is scheduled to list on NSE and BSE on 6 October 2025.
Issue Price
Rs 56.00
GMP Today
Rs 5.00 (+8.93%)
Overall Subscription
4.09x
Issue Size
₹26.41 Cr
Allotment Date
1 Oct 2025
Listing Date
6 Oct 2025
KVS Castings SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 56.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 5.28 Cr | Rs 31.79 Cr | 6.03x |
| FII | - | Rs 11.08 Cr | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 20.71 Cr | - |
| NII | Rs 3.96 Cr | Rs 21.32 Cr | 5.38x |
| bNII (above Rs 10L) | Rs 2.64 Cr | Rs 17.43 Cr | 6.59x |
| Corporate | - | Rs 1.52 Cr | - |
| Individual | - | Rs 15.70 Cr | - |
| Other | - | Rs 20.16 L | - |
| sNII (Rs 2L to Rs 10L) | Rs 1.32 Cr | Rs 3.90 Cr | 2.95x |
| Corporate | - | Rs 7.84 L | - |
| Individual | - | Rs 3.72 Cr | - |
| Other | - | Rs 10.08 L | - |
| IND | Rs 9.27 Cr | Rs 24.15 Cr | 2.60x |
| Fixed price | - | Rs 24.15 Cr | - |
| Total | Rs 18.51 Cr | Rs 77.26 Cr | 4.17x |
KVS Castings SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 471 | 11 | 0.02x |
| FII | - | 3 | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 8 | - |
| NII | 118 | 258 | 2.19x |
| bNII (above Rs 10L) | 79 | 148 | 1.87x |
| Corporate | - | 2 | - |
| Individual | - | 144 | - |
| Other | - | 2 | - |
| sNII (Rs 2L to Rs 10L) | 39 | 110 | 2.82x |
| Corporate | - | 2 | - |
| Individual | - | 105 | - |
| Other | - | 3 | - |
| IND | 414 | 1,078 | 2.60x |
| Fixed price | - | 1,078 | - |
| Total | 1,003 | 1,347 | 1.34x |
What Do These Subscription Numbers Mean?
A subscription of 4.09x by shares means the IPO received bids for 4 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 6.03x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 6.03x, it reflects serious institutional conviction.
NII at 2.19x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 1.87x and sNII at 2.82x by applications. Share subscription was 5.38x. Allotment uses application count, not share volume.
At 2.60x subscription by applications, approximately 1 in 3 retail applicants can expect an allotment (~38% per application). Retail allotment is done by lottery when oversubscribed.
KVS Castings SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 2.60x.
- •Allotment odds: about 1 in 3 (~38% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 2.82x.
- •Allotment odds: about 1 in 3 for a minimum-lot application (~35% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
BHNI (above Rs 10 lakh)
- •Application subscription: 1.87x.
- •Allotment odds: about 1 in 2 for a minimum-lot application (~53% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 6.59x. Allotment uses application count, not share volume.
Check the KVS Castings SME IPO Allotment Status page from 1 October 2025 for your allotment result.
KVS Castings SME IPO GMP After Subscription
GMP for KVS Castings SME stands at Rs 5.00 today, giving an estimated listing price of Rs 61.00 per share.
A subscription of 4.09x combined with a GMP of 8.93% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the KVS Castings SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
KVS Castings SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 26 Sept 2025 | 0.00x | 0.12x | 0.06x | 0.05x |
| Day 2 - 29 Sept 2025 | 0.00x | 0.74x | 0.59x | 0.46x |
| Day 3 - 30 Sept 2025 | 6.03x | 5.02x | 2.60x | 4.09x |
KVS Castings SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 26 September 2025 |
| IPO Close Date | 30 September 2025 |
| Allotment Date | 1 October 2025 |
| Refund Initiation | 2 October 2025 |
| Share Credit to Demat | 2 October 2025 |
| Listing Date | 6 October 2025 |
| Minimum Investment | Rs 2,24,000.00 |
| Lot Size | 2000 shares |
About KVS Castings SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
KVS Castings SME IPO Subscription FAQs
What is KVS Castings SME IPO subscription status today?
KVS Castings SME IPO subscription closed on 30 September 2025 with overall subscription of 4.09x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 6.03x, NII 2.19x, IND 2.60x.
What is the overall subscription of KVS Castings SME IPO?
KVS Castings SME IPO is subscribed 4.09x overall by shares at close on 30 September 2025. QIB 6.03x, NII 2.19x, and IND 2.60x.
What is KVS Castings SME IPO QIB subscription?
KVS Castings SME IPO QIB (Qualified Institutional Buyers) subscription is 6.03x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is KVS Castings SME IPO IND subscription?
KVS Castings SME IPO IND subscription is 2.60x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is KVS Castings SME IPO NII subscription?
KVS Castings SME IPO NII (Non-Institutional Investors) subscription is 2.19x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in KVS Castings SME IPO for retail?
At 2.60x subscription by applications, approximately 1 in 3 retail applicants can expect an allotment (~38% per application). Allotment is done by lottery.
When is KVS Castings SME IPO allotment date?
KVS Castings SME IPO allotment date is 1 October 2025. Check KVS Castings SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does KVS Castings SME IPO subscription close?
KVS Castings SME IPO subscription closed on 30 September 2025. No new applications are accepted after the close.
What is KVS Castings SME IPO GMP today?
KVS Castings SME IPO GMP is ₹5 today (+8.93% over issue price ₹56). See live GMP on the KVS Castings SME IPO GMP Today page.
What is KVS Castings SME IPO issue price and lot size?
KVS Castings SME IPO issue price is ₹56 per share. Lot size is 2000 shares. Minimum investment is ₹2,24,000 per lot (minimum 2 lots for SME). Issue size: ₹26.41 Cr.
When is KVS Castings SME IPO listing date?
KVS Castings SME IPO listing date is 6 October 2025 on NSE and BSE. Allotment is on 1 October 2025.
How does subscription affect KVS Castings SME IPO allotment?
Allotment odds in KVS Castings SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 2.19x by applications means roughly 1 in 2 for minimum-lot bids; bNII at 1.87x (~1 in 2). At 4.09x overall, competition is moderate.
For allotment results from 1 October 2025, visit the KVS Castings SME IPO Allotment Status page. For listing day updates on 6 October 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.