Kasturi Metal Composite Limited IPO
Kasturi Metal Composite Limited IPO
Price Band
₹61 - ₹64
Total Issue
₹17.61 Cr
Bid Dates
27 Jan - 29 Jan
Subscription
16.57x
Est. GMP
₹2 (3.13%)
Tentative Timetable
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
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 2 | 4,000 | ₹2,56,000 |
| Individual (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 |
Issue Size
Objects of the Issue
A1
A2
A3
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 02 Feb | ₹2 (3.1%) | ₹66 |
| 01 Feb | ₹2 (3.1%) | ₹66 |
| 31 Jan | ₹2 (3.1%) | ₹66 |
| 30 Jan | ₹0 (0%) | ₹64 |
| 29 Jan | ₹0 (0%) | ₹64 |
| 28 Jan | ₹0 (0%) | ₹64 |
| 27 Jan | ₹0 (0%) | ₹64 |
| 26 Jan | ₹0 (0%) | ₹64 |
| 25 Jan | ₹0 (0%) | ₹64 |
| 24 Jan | ₹0 (0%) | ₹64 |
| 23 Jan | ₹0 (0%) | ₹64 |
| 22 Jan | ₹0 (0%) | ₹64 |
| 21 Jan | ₹0 (0%) | ₹64 |
| 20 Jan | ₹0 (0%) | ₹64 |
Kasturi Metal IPO Peer Comparison
There are no comparable listed peers in India as per the company
Financial Performance
(Rs. in crores)
| 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 |
KPIs
EBITDA
9.99%
PAT
3.64%
ROE
13.80%
ROCE
13.76%
PE Ratio
22.38
PB Ratio
2.58
Mkt Cap (in Crs.)
66.53
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Shareholding
Promoter
92.36%
Public
7.64%
Management
Subscription Status
Updated as on 29 Jan 2026 | 05:00:00 PM
| 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 Investor | 16.49x | 9,16,000 | 1,51,08,000 |
| Total | 17.75x | 18,32,000 | 3,25,14,000 |
Frequently Asked Questions
What is Kasturi Metal IPO?
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When is the allotment of Kasturi Metal IPO?
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How to check allotment status of Kasturi Metal IPO?
How to apply Kasturi Metal IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Kasturi Metal IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Kasturi Metal IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Kasturi Metal IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date