Next Article
KV Toys India shares pop 34% on stock market debut
Business
KV Toys India kicked off trading on the BSE SME platform at ₹320 per share, landing a 34% jump over its IPO price of ₹239.
The excitement cooled a bit as shares slipped to ₹304 by mid-morning, putting the company's market value at around ₹191 crore.
IPO buzz and what KV Toys does
This IPO was a hot ticket—subscribed an incredible 323 times overall, with retail investors especially keen (376x).
Before listing, shares were already getting attention in the gray market with hefty premiums.
KV Toys India makes plastic and metal toys through partnerships with 11 OEM facilities.
Money raised from the IPO will go toward working capital, paying off debt, and general corporate purposes.