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.
| 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’s total income 0.00 by 0.00% and total expenses 6,792.9 by 11.76%, resulting in an EBITDA 735.11 by 8.15% and a profit after tax (PAT) 0.00 by 0.00% between March 31, 2025 and March 31, 2026.
6,792.931 March 2026 | 6,078.3231 March 2025 | 5,528.9731 March 2024 |
735.1131 March 2026 | 679.6931 March 2025 | 522.4731 March 2024 |
6,792.9
6,114
5,434
4,755
4,076
3,396
2,717
2,038
1,359
679
0.00
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
| 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 |
| 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.
A-8 Maya Puri Industrial Area Phase-1 New Delhi
Bigshare Services Pvt.Ltd.
| Book Running Lead Manager(s) |
|---|
| PL Capital Markets Pvt Ltd |