New Delhi, Dec. 15 -- Shares of K.V. Toys India, engaged in the business of contract manufacturing and sale of plastic-moulded and metal-based toys for children, debuted at a solid 34% premium on the BSE SME platform on Monday, December 15, despite a tepid Indian stock market mood.

K.V. Toys India share price got listed at Rs.320 apiece, up Rs.81 or 33.89% as against its initial public offering (IPO) price of Rs.239. Despite a solid premium, the listing missed expectations as signalled by the grey market premium (GMP). K.V. Toys IPO GMP ahead of listing was Rs.129, suggesting debut of shares at Rs.368 - a premium of 53.97%.

The K.V. Toys India IPO saw a massive 352.63 times subscription during the three-day bidding process from December...