Kasturi Metal Composite IPO
Kasturi Metal Composite IPO
Overview
Kasturi Metal Composite IPO is a book build issue of ₹17.61 crores. The issue is entirely a fresh issue of 0.28 crore shares of ₹17.61 crore. Kasturi Metal Composite IPO opens for subscription on Jan 27, 2026 and closes on Jan 29, 2026. The allotment for the Kasturi Metal Composite IPO is expected to be finalized on Jan 30, 2026. Kasturi Metal Composite IPO will list on BSE SME with a tentative listing date fixed as Feb 3, 2026. Kasturi Metal Composite IPO price band is set at ₹61 to ₹64 per share. The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹2,56,000 (4,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (6,000 shares), amounting to ₹3,84,000. Hem Securities Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Hem Finlease Pvt.Ltd..
Total Shares
27,52,000
Issue Size
₹18 Cr
Price Band
₹61 – ₹64
Lot Size
2000 shares
Min. Investment
₹2,56,000
Max. Investment
₹2,56,000
Open Date
27 Jan, 2026
Close Date
29 Jan, 2026
Allotment
30 Jan, 2026
Listing
03 Feb, 2026
Max. Investment
₹2,56,000
Announced
27 Jan, 2026
Opening Date
27 Jan, 2026
Closing Date
29 Jan, 2026
Basis of Allotment
30 Jan, 2026
Initiation of Refunds
02 Feb, 2026
Credit of Shares
02 Feb, 2026
Listing Date
03 Feb, 2026
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About Kasturi Metal Composite IPO
Incorporated in 2005, Kasturi Metal Composite Limited is engaged in the manufacturing supply and export of steel fiber products for industrial applications.
The company manufactures Steel Wool Fiber for brake pads and clutches, trades Durocrete PP Fibers, and offers concrete flooring solutions through Durafloor Concrete Solution LLP.
The company markets Duraflex and Durabond products for industries like construction, mining, and automotive, offering solutions for tunnels, roads, b
Kasturi Metal Composite IPO Share Price
Issue Breakdown
Shareholding
Dilution: 36.0% increase in shares
Kasturi Metal Composite IPO Financial Health
Kasturi Metal Composite IPO Lot Size
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4000 | ₹2,56,000 |
| Individual investors (Retail) (Max) | 2 | 4000 | ₹2,56,000 |
| S-HNI (Min) | 3 | 6000 | ₹3,84,000 |
| S-HNI (Max) | 7 | 14000 | ₹8,96,000 |
| B-HNI (Min) | 8 | 16000 | ₹10,24,000 |
(All values in CR)
Kasturi Metal Composite IPO Valuations
| Metric | Value |
|---|---|
| ROE | 13.80 |
| ROCE | 13.76 |
| Debt/Equity | 0.74 |
| RoNW | 11.54 |
| PAT Margin | 3.64 |
| EBITDA Margin | 9.99 |
| Price to Book Value | 0.42 |
(All values in CR)
Kasturi Metal Composite IPO Strength & Risk
Strengths of Kasturi Metal Composite IPO
• Operates in a niche segment of steel fibre and composite products with industrial applications
• Products used in construction and infrastructure support steady long-term demand
• Established manufacturing facility supports production capabilities
• Diversified product range including steel fibres, steel wool fibres and PP fibres
• Reported improvement in revenue and profitability in recent financials
• Healthy return ratios indicate better capital efficiency
• Focus on quality supported by certifications and industry experience
Risks of Kasturi Metal Composite IPO
• Business exposed to cyclical nature of steel and construction sectors
• Raw material price fluctuations can impact margins and profitability
• SME IPOs generally face lower liquidity and higher post-listing volatility
• Operations largely dependent on a limited number of manufacturing facilities
• Competitive pressure from larger and established steel product players
• Working capital intensive business model may impact cash flow during slowdowns
Kasturi Metal Composite IPO Subscriptions Status
Kasturi Metal Composite IPO subscribed 2.36 times. The public issue subscribed 1.69 times in the individual investors category, 4.00 times in QIB (Ex Anchor), and 1.74 times in the NII category by January 29, 2026 11:14:54 AM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 7,82,000 | 7,82,000 | 5.005 |
| Market Maker | 1.00 | 1,38,000 | 1,38,000 | 0.883 |
| QIB (Ex Anchor) | 4.00 | 5,22,000 | 20,86,000 | 13.35 |
| NII | 1.74 | 3,94,000 | 6,86,000 | 4.39 |
| bNII (> ₹10L) | 2.14 | 2,62,000 | 5,60,000 | 3.584 |
| sNII (< ₹10L) | 0.95 | 1,32,000 | 1,26,000 | 0.806 |
| Individual Investors | 1.69 | 9,16,000 | 15,44,000 | 9.882 |
| Total | 2.36 | 18,32,000 | 43,16,000 | 27.622 |
Kasturi Metal Composite IPO GMP
Kasturi Metal Composite SME IPO last GMP is ₹0, last updated Jan 29th 2026 09:58 AM. With the price band of 64.00, Kasturi Metal Composite SME IPO's estimated listing price is ₹64 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.
Last updated 29 Jan, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 29 Jan, 2026 | 64 | ₹0 | - | ₹64 (0.00%) | - | 29 Jan, 2026 |
| 28 Jan, 2026 | 64 | ₹0 | - | ₹64 (0.00%) | - | 28 Jan, 2026 |
| 27 Jan, 2026 | 64 | ₹0 | - | ₹64 (0.00%) | - | 27 Jan, 2026 |
| 26 Jan, 2026 | 64 | ₹0 | - | ₹64 (0.00%) | - | 26 Jan, 2026 |
| 25 Jan, 2026 | 64 | ₹0 | - | ₹64 (0.00%) | - | 25 Jan, 2026 |
| 24 Jan, 2026 | 64 | ₹0 | - | ₹64 (0.00%) | - | 24 Jan, 2026 |
| 23 Jan, 2026 | 64 | ₹0 | - | ₹64 (0.00%) | - | 23 Jan, 2026 |
| 22 Jan, 2026 | 64 | ₹0 | - | ₹64 (0.00%) | - | 22 Jan, 2026 |
| 21 Jan, 2026 | 64 | ₹0 | - | ₹64 (0.00%) | - | 21 Jan, 2026 |
| 20 Jan, 2026 | 64 | ₹0 | - | ₹64 (0.00%) | - | 20 Jan, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Kasturi Metal Composite IPO
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Find Kasturi Metal Composite IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Your funds will be blocked in your account until the IPO allotment process is completed.