Mumbai, Oct. 6 -- The scrip was listed at Rs 66.30, a premium of 18.39% over the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.

The counter hit a high of Rs 69.61 and a low of Rs 66.30. About 29.56 lakh shares of the company changed hands at the counter.

KVS Castings' IPO was subscribed 3.88 times. The issue opened for bidding on 26 September 2025 and it closed on 30 September 2025. The price of the IPO was fixed between Rs 53 to Rs 56 per share.

The IPO comprised a fresh issue of 49,70,000 equity shares. The promoter and promoter shareholding diluted to 70.96% from 96.55% pre-IPO.

The company intends to utilize the net proceeds for capital expenditures and for general ...