
Kay Jay Forgings IPO
KAYJ
Open Date
To be announced
Close Date
To be announced
Price Range
To be announced
Min Investment
To be announced
Lot Size
To be announced
Listing at
NSE/BSE
Issue Size
To be announced
IPO Document
Free Demat with Zero AMC*
+ Free 1st Year AMC
About Kay Jay Forgings Ltd IPO
We are a precision engineering manufacturer of forged and machined components, mainly supplying OEMs in the automotive sector, with additional presence in farm equipment, mining, and home appliances.
For the six months ended September 30, 2025, and FY2025–FY2023, over 93% of our revenue came from automotive, while 0.15%–1.27% came from non-automotive segments. During this period, we supplied 286 products, including crankshafts, gear-shift levers, propeller shafts, and steering yokes.
As per the CARE Report, forged crankshafts hold ~23% of the domestic market. We are the largest supplier of crankshaft assemblies to two-wheeler OEMs in India, with ~36% market share in FY2025.
We manufacture high-precision components (2–20 microns tolerance; 0.10–5.10 kg weight) and operate as a B2B supplier across domestic and international markets, serving 44 customers over the stated periods.
The table below shows our revenue split between OEM and non-OEM customers.
We are a precision engineering manufacturer of forged and machined components, mainly supplying OEMs in the automotive sector, with additional presence in farm equipment, mining, and home appliances. For the six months ended September 30, 2025, and FY2025–FY2023, over 93% of our revenue came from automotive, while 0.15%–1.27% came from non-automotive segments. During this perio
Kay Jay Forgings IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 180 crores |
| Non-Institutional Investors (NIIs) | 35% | 126 crores |
| Retail Individual Investors (RIIs) | 15% | 54 crores |
Kay Jay Forgings IPO Strengths & Weaknesses
Strong presence in forged crankshaft segment with ~36% domestic market share in two-wheeler OEMs
Diversified product portfolio across automotive and industrial segments
Backward-integrated manufacturing; long-standing OEM relationships
Consistent financial growth
Experienced promoters and skilled workforce
Dependence on automotive sector cycles
Moderate margins
Exposure to raw material price volatility
Customer concentration risk with OEM clients
Capital intensive business
Kay Jay Forgings IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| -- | -- | -- |
| Issue Composition: | |
|---|---|
| Face Value | ₹5 per share |
| Total Issue Size | 360 shares (aggregating up to To be announced) |
| Fresh Issue | 60 shares (aggregating up to ₹300 crores) |
| Offer for Sale | 12 shares of ₹5 (aggregating up to ₹60 crores) |
| Issue Type | Book building |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 99.86 shares |
| Post-Issue Shareholding | 0 shares |
Kay Jay Forgings IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Kay Jay Forgings ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Kay Jay Forgings IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Kay Jay Forgings IPO Contact & Registrar Details
Contact Details
Address
A-8 Maya Puri Industrial Area Phase-1 New Delhi
Phone Number
Website
Registrar Details
Registrar Name
Bigshare Services Pvt.Ltd.
Phone Number
Kay Jay Forgings Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| PL Capital Markets Pvt Ltd |