- Q1. What is the business of Kay Jay Forgings Limited?It manufactures forged and machined precision auto components like crankshafts, shafts, yokes and transmission parts for two-wheelers, three-wheelers, tractors and other OEM automotive customers in India and export markets.
- Q2. Why is the company raising funds via IPO?To expand manufacturing capacity, set up new forging & machining facilities, install solar power plant, and repay part of borrowings to strengthen balance sheet.
- Q3. What is the size of the issue and where will it list?The IPO includes a Fresh Issue of ₹ 300 Crore and an Offer for Sale (OFS) of ₹ 60 Crore. It will be listed on NSE and BSE platform.
- Q4. What are the key risks to an investor?Major risks include high dependence on the cyclical auto sector, raw material price volatility (steel), customer concentration with OEM dependency, and competitive pressure in the forging industry impacting margins.
- Q5. What are the potential upsides?Upsides include long operational track record since 1983, strong OEM relationships, diversified forged product portfolio, reported strong presence in crankshaft segment, and capacity expansion supporting future growth.
- Q6. How to apply for the IPO?Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.
Upcoming
Kay Jay Forgings Ltd
0
IPO Score
0
*Score varies on actual price
Kay Jay Forgings Limited is engaged in manufacturing forged, machined and precision sheet metal components mainly for the automotive sector. The company supplies high-precision auto engine parts and forged components to OEMs and Tier-1 customers in India and overseas markets.
Kay Jay Forgings Limited was incorporated on 1983 & currently Mr. Gopal Krishan Kothari serves as the Managing Director of the company.
Kay Jay Forgings Limited filed its DRHP with SEBI on March 30, 2026. The IPO features a fresh issue of ₹ 300 crore and an Offer for Sale (OFS) of ₹ 60 crore.
It manufactures forged and machined auto components such as crankshafts, gear-shift levers, propeller shafts and steering yokes mainly for two-wheelers, three-wheelers, tractors and OEM automotive companies.It operates as a precision engineering supplier with high-tolerance forged components for domestic and export markets.The company served around 44 customers during the reported period and supplies over 286 products across automotive and industrial segments.
Subscription date to apply for Kay Jay Forgings Limited is yet to be announced. Price band for the IPO is yet to be declared.
Revenue, PAT, EBITDA
|
Year
|
2025
|
|---|---|
|
Networth
|
₹ 162.87 Cr
|
|
Revenue
|
₹ 750.46 Cr
|
|
EBITDA
|
₹ 71.49 Cr
|
|
PAT
|
₹ 29.01 Cr
|
|
EBITDA Margin
|
9.53%
|
|
PAT Margin
|
3.87%
|
|
Face Value
|
Rs.10 per Equity Share
|
IPO Important Dates
|
#
|
Date
|
|---|---|
|
Open Date
|
TBA
|
|
Close Date
|
TBA
|
|
Anchor Investor Bidding
|
TBA
|
|
Allotment Date
|
TBA
|
|
Refunds& Demat Credit
|
TBA
|
|
Tentative Listing Date
|
TBA
|
Use Of Proceeds
|
Purpose
|
Amount
|
|---|---|
|
Repayment/Prepayment of Borrowing
|
₹ 90.51 Cr
|
|
-
|
-
|
|
-
|
-
|
|
-
|
-
|
|
-
|
-
|
|
-
|
-
|
Financial Data
|
#
|
2023
|
2024
|
2025
|
|---|---|---|---|
|
Revenue (₹ Cr)
|
₹ 602.7
|
₹ 672.3
|
₹ 750.5
|
|
PAT (₹ Cr)
|
₹ 13.8
|
₹ 24.1
|
₹ 29.0
|
|
Asset (₹ Cr)
|
₹ 327.2
|
₹ 348.2
|
₹ 382.6
|
|
Net Worth (₹ Cr)
|
₹ 110.4
|
₹ 134.2
|
₹ 162.9
|
IPO Grey Market Premium
|
Date
|
IPO Price
|
IPO GMP
|
Profit Per Lot
|
|---|---|---|---|
|
17 July
|
₹ –
|
₹ –
|
₹ –
|
|
16-July
|
₹ –
|
₹ –
|
₹ –
|
|
15-July
|
₹ –
|
₹ –
|
₹ –
|
|
14-July
|
₹ –
|
₹ –
|
₹ –
|
|
13-July
|
₹ –
|
₹ –
|
₹ –
|
Promoters – Pre offer equity (Approx)
|
Promoters
|
% Shares
|
|---|---|
|
Gopal Krishan Kothari
|
87.03%
|
|
Amit Kothari
|
5.59%
|
|
-
|
-
|
|
-
|
-
|
|
-
|
-
|
|
-
|
-
|
Lot Size details
|
Application Type
|
Lot Size
|
No. of Lot
|
No. of Shares
|
Investment Amount
|
|---|---|---|---|---|
|
Retail (Min)
|
–
|
1
|
–
|
₹ –
|
|
Retail (Max)
|
–
|
13
|
–
|
₹ –
|
|
HNI (Min)
|
–
|
14
|
–
|
₹ –
|
|
HNI (Max)
|
–
|
66
|
–
|
₹ –
|
|
Big HNI (Min)
|
–
|
67
|
–
|
₹ –
|
Key Performance Index (KPI)
|
ROE
|
17.81%
|
|---|---|
|
ROCE
|
18.98%
|
|
RoNW
|
17.81%
|
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