Kasturi Metal Composite Limited IPO
Kasturi Metal Composite Limited IPO
SME BSE SME 100% Book Built Offer
Closed

Price Band

₹61 - ₹64

Total Issue

₹18 Cr

Bid Dates

27 Jan - 29 Jan

Subscription

17.75x

Listing Price

₹64 (0.00%)

Website RHP Check Allotment

Valuation

Market Cap

₹66.53 Cr

P/E Ratio

22.38x

P/B Ratio

2.58x

Kasturi Metal IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Kasturi Metal, established in 2005, specializes in manufacturing high-quality steel fiber products for industrial and infrastructure applications. The company produces Loose Hook-End, Glued Hook-End, and Flat Crimped Steel Fibers, along with Steel Wool Fiber, marketed under its brands Duraflex, Durabond, and Durocrete. Its products cater to key sectors such as construction, engineering, automotive, and large-scale infrastructure projects. Through its subsidiary, Durafloor Concrete Solution LLP, the company also offers specialized industrial flooring solutions. With nearly two decades of experience, Kasturi Metal supplies critical materials for tunnel shotcrete, precast concrete, industrial flooring, road construction, and automotive friction linings, maintaining a consistent focus on quality, durability, and customer value

Kasturi Metal IPO Lot Size

Lot Information for Kasturi Metal IPO
Category Lots Shares Amount
Ind (Min) 2 4,000 ₹2,56,000
Ind (Max) 2 4,000 ₹2,56,000
S-HNI (Min) 3 6,000 ₹3,84,000
S-HNI (Max) 7 14,000 ₹8,96,000
B-HNI (Min) 8 16,000 ₹10,24,000
Allocate Funds
Market Maker
1,38,000 EQ. Shares
Employee
₹0.00
Shareholder
₹0.00

Kasturi Metal IPO Size

Total ₹18 Cr
Fresh Issue
₹18 Cr (0.28 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

  1. Funding capital expenditure for construction, works, & plant & machinery to set up a new manufacturing facility at Amravati, Maharashtra.
  2. General Corporate Purpose

Kasturi Metal IPO Live Subscription

Updated as on 29 Jan 2026 | 05:00:00 PM

Kasturi Metal IPO Subscription Status (BSE SME)
Category Sub (x) Offered Bids
QIB 4.00x 5,22,000 20,86,000
NII 38.88x 3,94,000 1,53,20,000
bHNI 46.95x 2,62,000 1,23,00,000
sHNI 22.88x 1,32,000 30,20,000
Individual 16.49x 9,16,000 1,51,08,000
Total 17.75x 18,32,000 3,25,14,000

Kasturi Metal IPO Details Live GMP

GMP ₹2
Est. Price ₹66
Est. Gain 3.13%

Kasturi Metal IPO Peer Comparison

There are no comparable listed peers in India as per the company

Kasturi Metal IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Kasturi Metal IPO
Particulars Sep-25 Mar-25 Mar-24 Mar-23
Revenue 32.04 56.97 49.75 37.12
PAT 2.47 2.07 2.35 1.49
Net Worth 20.19 17.76 12.29 7.03
Borrowings 14.28 13.15 11.83 9.78
Assets 44.43 35.57 33.45 21.71
NAV (₹) 26.42 24.79 17.91 10.25
EPS (₹) 3.18 2.86 3.40 2.18

Key Performance Indicators (KPIs)

EBITDA

9.99%

PAT

3.64%

ROE

13.80%

ROCE

13.76%

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

92.36%

Public

7.64%

Samit Singhai 36.09%
Akash Singhai 27.03%
Lata Singhai 6.37%
Surendra Singhai 9.77%
Others 13.10%

Management

Samit Singhai
MD
Pravin Kesharwani
CFO

Registrar & Lead Managers

Registrar

Bigshare Services

Lead Managers (1)

Hem Securities

Company Details

Name: Kasturi Metal Composite Limited

Address: A30/3/1, MIDC, H. V. Nagar, Amravati, Maharashtra-444605 India

Number: +721-2520293/ 94/ 95

Email: info@steelfiberindia.in

Website: www.steelfiberindia.in

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Frequently Asked Questions (FAQs)

What is Kasturi Metal IPO?
Kasturi Metal IPO is a SME IPO having an issue size of ₹18 Crs. Kasturi Metal IPO is priced at ₹61 - ₹64 per share. The issue opens on 27 Jan 26 and closes on 29 Jan 26.
When will Kasturi Metal IPO open?
Kasturi Metal IPO opens on 27 Jan 26 and closes on 29 Jan 26.
What is the GMP of Kasturi Metal IPO?
The estimated Grey Market Premium of Kasturi Metal IPO is ₹2 per share (3.13%).
What is the lot size of Kasturi Metal IPO?
The minimum lot size of Kasturi Metal IPO is 2000 shares & the minimum application amount is Rs. 128000.
When is the allotment of Kasturi Metal IPO?
The allotment date of Kasturi Metal IPO is 30 Jan 26.
What is the listing date of Kasturi Metal IPO?
The listing date of Kasturi Metal IPO is 03 Feb 26.
What is the subscription of Kasturi Metal IPO?
Kasturi Metal IPO is subscribed 16.57 times.
What is the price band of Kasturi Metal IPO?
Kasturi Metal IPO is priced at ₹61 - ₹64 per share.
How to check allotment status of Kasturi Metal IPO?
Click the allotment link on Kasturi Metal IPO page of IPO360.
How to apply Kasturi Metal IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Kasturi Metal IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Kasturi Metal IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Kasturi Metal IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date

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