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IPOs, NCDs, OFS, Rights Issues, Buyback and Stock Brokers

IPO Details

  • IPO Date
    [.]
  • Listing Date
    [.]
  • Face Value
    ₹5 per share
  • Price Band
  • Lot Size
  • Sale Type
    Fresh capital cum OFS
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE, NSE
  • Total Issue Size
    [.] shares (agg. up to ₹360 Cr)
  • Fresh Issue
    [.] shares (agg. up to ₹300 Cr)
  • Offer for Sale
    [.] shares of ₹5 (agg. up to ₹60 Cr)
  • Share Holding Pre Issue
    4,59,75,360 shares

IPO DRHP Status

Description Date
Filed with SEBI/Exchange Mon, Mar 30, 2026

IPO Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Net Offer
Retail Shares Offered Not less than 35% of the Net Offer
NII Shares Offered Not less than 15% of the Net Offer

About Kay Jay Forgings Ltd.

Incorporated in 1983, Kay Jay Forgings Ltd. is a precision engineering company specializing in the integrated manufacturing of forged and machined components, primarily serving original equipment manufacturers (OEMs) in the automotive sector. In addition to automotive applications, the company also supply components for farm equipment, mining machinery, and electronic home appliances to both OEM and non-OEM customers.

As of September 30, 2025, it has a diversified portfolio of 286 products, including key components such as crankshaft and crankshaft assemblies, lower bracket assemblies, kick-starter and gear-shift lever assemblies, propeller shafts, door hinges, and steering yokes.

The company is a leading supplier of forged crankshaft and crankshaft assemblies for two-wheeler OEMs in India, with an estimated domestic market share of approximately 36% in Fiscal 2025. The business operates on a B2B supplier, delivering directly to customers across domestic and international markets. Over the recent periods, the company have served 44 customers, including leading companies such as TVS Motor, Honda Motorcycle & Scooter India, Mahindra & Mahindra, Bajajsons, Highway Roop Precision Technologies, and Narasipur Auto Components.

Competitive Strengths:

  • Long-standing relationships with customers and suppliers with a track record of repeat orders.
  • Modern manufacturing facilities with in-house design and a sustained focus on enhancing our capabilities
  • Backward-integrated manufacturing operations enhancing quality and supply reliability
  • Product portfolio tailored to customer requirements with the capability to expand product portfolio
  • Consistent track record of financial performance and strong financial position
  • Experienced Promoters and skilled workforce

Company Financials (Restated)

Period Ended 30 Sep 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 415.58 382.63 348.18 327.20
Total Income 467.05 752.21 675.58 604.85
Profit After Tax 21.36 29.02 24.13 13.81
EBITDA 44.56 71.50 64.71 50.09
NET Worth 184.22 162.87 134.17 110.44
Reserves and Surplus 161.23 161.43 132.74 109.01
Total Borrowing 83.81 101.88 111.37 142.32
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Funding the capital expenditure requirements of our Company towards: (a) Setting up of the Proposed Forging Facility (b) Setting up of the Proposed Machining Facility (c) Setting up of the Proposed Solar Plant
    118.80
  • 2 Repayment/ pre-payment, in full or in part, of certain borrowings
    90.51
  • 3 General corporate purposes
  • Total
    209.31

Key Performance Indicator (KPI)

KPI Sep 30, 2025 Mar 31, 2025
ROE 11.59 17.81
ROCE 12.67 18.98
Debt/Equity 0.45 0.63
RoNW 17.98 17.81
PAT Margin 4.58% 3.87%
EBITDA Margin 9.56% 9.53%
Pre IPO Post IPO
Promoter Holding 99.87%
Gopal Krishan Kothari and Amit Kothari are the company promoters.

IPO Registrar

Bigshare Services Pvt.Ltd.

PO Lead Manager(s)

  1. PL Capital Markets Pvt.Ltd.  (Past IPO Performance)

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Kay Jay Forgings Ltd. Address
A-8, Maya Puri Industrial Area Phase-1,
Delhi, New Delhi, 110064

IPO FAQs

Kay Jay Forgings IPO is a main-board IPO of 0 equity shares of the face value of ₹5 aggregating up to ₹360 Crores. The issue is priced at To be declared. The minimum order quantity is .

The Kay Jay Forgings IPO open and close dates are not available as of now.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Angel One customers can apply online in Kay Jay Forgings IPO using UPI as a payment gateway. Angel One customers can apply in Kay Jay Forgings IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Kay Jay Forgings IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Kay Jay Forgings IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The Kay Jay Forgings IPO dates are not announced. Please check back again after some time.

Kay Jay Forgings IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Kay Jay Forgings IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Kay Jay Forgings IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Kay Jay Forgings IPO allotment status.

The Kay Jay Forgings IPO listing date is not yet announced. The tentative date of listing is .

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