KVS Castings Ltd. IPO

As the Foundry Division of the KVS Premier Group, Our Company specializes in quality ferrous castings. Our Company is involved in the manufacturing and production of Cast Iron and Ductile Iron castings. We deliver comprehensive casting solutions tailored to meet our customers' needs. From cast ... iron to stainless steel, we offer a total casting solution under one roof, with a portfolio of more than 150 products, including Suspension Brackets, Brake Drums, Gear Box Housing, Pump Body, Oil Filters and more. We ensure maintaining the required quality standards, we are accredited with certifications in IATF 16949:2016, ISO 9001:2015 and Certified by the RDSO (Research and development organization under the Ministry of Railways in India). We are the castings supplier for various industries, including: ? Automobile including passenger and commercial vehicles ? Railway ? Heavy Machinery and Equipment ? Energy and Power Generation ? Infrastructure and Construction ? Agricultural Machinery includes Tractor Read more

Our Company was originally formed as a Partnership Firm under the Partnership Act, 1932 (“Partnership Act”) in the name and style of “Kashi Enterprises” pursuant to Deed of Partnership dated August 20, 2005. Further, “Kashi Enterprises” was thereafter converted ... from Partnership Firm to a Private Limited Company under Part I chapter XXI of the Companies Act, 2013 with the name and style of “KVS Castings Private Limited” and received a Certificate of Incorporation bearing CIN U27100UR2019PTC012217 from the Registrar of Companies, Delhi dated June 10, 2019.

Subsequently, pursuant to a special resolution passed by the Shareholders at their Extra Ordinary General Meeting held on July 02, 2024, our Company was converted from a Private Limited Company to Public Limited Company and consequently, the name of our Company was changed to “KVS Castings Limited” and a Fresh Certificate of Incorporation pursuant to Conversion was issued on September 09, 2024, by the Registrar of Companies, Central Processing Center.

As on the date of this Red Herring Prospectus, the Corporate Identity Number of our Company is U27100UR2019PLC012217.

Global Iron Casting Industry/ Ferrous Casting Industry
The iron casting market, valued at USD 151.77 billion in 2024, is forecasted to grow consistently, reaching USD 161.78 billion in 2025 and ultimately achieving USD 269.7 billion by 2033, at a steady CAGR of 6.6%. Iron casting is a ... manufacturing system wherein molten iron is poured into molds to create numerous additives with specific shapes and properties. This system is broadly used throughout more than one industries due to the fabric’s energy, sturdiness, and value-effectiveness. India Foundry market/ Indian Ferrous Casting Market The India Foundry Market size is estimated at USD 25.57 billion in 2025, and is expected to reach USD 42.61 billion by 2030, at a CAGR of 11.13% during the forecast period (2025-2030).During the COVID-19 pandemic in December 2020, more than 400 small foundries in Coimbatore shut their doors due to rising raw material prices. The shutdown affected lakhs of employees working in and with the foundries, as well as in other industries such as pumps, textile machines, automobiles, and other engineering sectors. Moreover, in March 2022, several foundry units in Kolhapur were temporarily closed and declared three to four days of holiday for their employees due to a sharp increase in raw material prices caused by the Russia-Ukraine war. Read more