K.V. Toys India IPO

K.V Toys India Limited is a contract manufacturer that produces and sells plastic-moulded and metal-based toys in both the educational and recreational segments. The company has a portfolio of more than 700 active SKUs. Some of the company's go-to-market strategies include marketing through proprietary brands such as Alia & Olivia, Yes Motors, Funny Bubbles, and Thunder Strike, with its products that include friction-powered toys, ABS toys, pull-back and battery-operated toys, die-cast vehicles, and the like. It manufactures through exclusive partnerships with 11 OEM facilities across India and has a distribution network of 2,000+ general trade customers, 30+ modern retail chains, and a growing e-commerce and quick-commerce presence. It has an approx. 100,000 sq. ft. in-house facility in Kalher, Bhiwandi, which functions as a central hub for final quality checks, packaging, and warehousing. Product-wise, the vehicles segment accounted for 25.65% of the revenue, 17.03% for the gun segment, and 12.93% for the doll segment. The regional revenue was mainly contributed by Maharashtra, which accounted for 27.83%, while Haryana was the second-largest revenue-generating region with a share of 14.26% as of September 2025.