Kasturi Metal Composite Limited IPO
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
Price Band₹61 - ₹64 |
Dates27 Jan - 29 Jan |
GMP₹2 (3.13%) |
Subscriptions16.57 times |
Issue Size₹17.61 Crs |
Kasturi Metal IPO Key Dates
Opening Date
27 Jan 26
Closing Date
29 Jan 26
Basis Of Allotment
30 Jan 26
Initiations Of Refund
02 Feb 26
Credit Of Shares
02 Feb 26
Listing Date
03 Feb 26
Kasturi Metal IPO Objects
- Funding capital expenditure for construction, works, & plant & machinery to set up a new manufacturing facility at Amravati, Maharashtra.
- General Corporate Purpose
Kasturi Metal IPO Details
Price Band₹61 - ₹64 |
Listing AtBSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹17.61 Cr (0.28 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹17.61 Cr (0.28 Cr Shares) |
Face Value₹10 per equity share |
Kasturi Metal IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
4,000
2,56,000
Maximum
2
4,000
2,56,000
|
|||
| Small HNI |
Minimum
3
6,000
3,84,000
Maximum
7
14,000
8,96,000
|
|||
| Big HNI |
Minimum
8
16,000
10,24,000
|
|||
Kasturi Metal IPO Subscription
Updated as on 29 Jan 2026 | 05:00:00 PM
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 4.00 | 5,22,000 | 20,86,000 |
| NII | 29.06 | 3,94,000 | 1,54,58,000 |
| bNII (bids above ₹10L) | 47.47 | 2,62,000 | 1,24,38,000 |
| sNII (bids between ₹2L to ₹10L) | 22.88 | 1,32,000 | 30,20,000 |
| Retail | 16.49 | 9,16,000 | 1,51,08,000 |
| Total | 16.57 | 19,70,000 | 3,26,52,000 |
Kasturi Metal IPO GMP
The estimated Grey Market Premium of Kasturi Metal IPO is ₹2 per share (3.13%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 15% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Market Maker | 1,38,000 EQ. Shares |
Kasturi Metal IPO Financials
| 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 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| 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.
Kasturi Metal IPO Peer Comparision
There are no comparable listed peers in India as per the company
Kasturi Metal IPO Peer Comparision
There are no comparable listed peers in India as per the company
Promoter Details
| Name | Shareholding |
|---|---|
| Samit Singhai | 36.09% |
| Akash Singhai | 27.03% |
| Lata Singhai | 6.37% |
| Surendra Singhai | 9.77% |
| Others | 13.10% |
| Total | 92.36% |
Management Details
| Name | Designation |
|---|---|
| Samit Singhai | MD |
| Pravin Kesharwani | CFO |
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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Find answers to common questions that come in your mind related to IPO.
Kasturi Metal IPO is a SME IPO having an issue size of Rs. ₹17.61 Crs. Kasturi Metal IPO is priced at ₹61 - ₹64 per share. The issue opens on 27 Jan 26 and closes on 29 Jan 26.
Kasturi Metal IPO opens on 27 Jan 26 and closes on 29 Jan 26.
The estimated Grey Market Premium of Kasturi Metal IPO is ₹2 per share (3.13%).
The minimum lot size of Kasturi Metal IPO is 2000 shares & the minimum application amount is Rs. 128000.
The allotment date of Kasturi Metal IPO is 30 Jan 26.
The listing date of Kasturi Metal IPO is 03 Feb 26.
Kasturi Metal IPO is subscribed 16.57 times.
Kasturi Metal IPO is priced at ₹61 - ₹64 per share.
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