Kasturi Metal Composite

Kasturi Metal Composite

BSE SME

₹2,56,000 / Individual : 4000 Shares

Offer Date:Jan 27, 2026 - Jan 29, 2026

IPO Live Subscription Details

CategorySubscription (Times)
Date
29 Jan 2026, 05:57 PM
QIBs
4.00 times
NII
39.23 times
Total
17.82 times

Kasturi Metal Composite IPO Details

The Kasturi Metal Composite IPO price band is set between ₹61-64 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt.Ltd., and the equity shares are proposed to be listed on the BSE SME.

The IPO date for subscription opens on 27 Jan, 2026 and closes on 29 Jan, 2026. Investors can check the allotment status on 30 Jan, 2026, while the listing date is tentatively scheduled for 3 Feb, 2026.

The total issue size is 27,52,000 shares, aggregating up to ₹17.61 crore. Stay tuned for the latest Kasturi Metal Composite IPO review and GMP updates.

Kasturi Metal Composite IPO Review, Rating & Analysis

Kasturi Metal Composite IPO Review

NO REVIEW

Kasturi Metal Composite IPO Rating

Kasturi Metal Composite IPO Highlights

IPO Date

Jan 27, 2026 - Jan 29, 2026

Listing Date

3 Feb, 2026

Face Value

₹10 Per Equity Share

Price Band

₹61-64 per equity share

Lot Size

-

Fresh Issue

Shares

Offer for Sale

-

Listing At

BSE SME

Kasturi Metal Composite IPO Lot Size

The minimum market lot for Kasturi Metal Composite IPO is 4000 shares with an application amount of ₹2,56,000. Retail investors can apply for up to 0 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.

ApplicationLotsSharesAmount
Retail (Min)14000₹2,56,000
Retail (Max)00₹0
S-HNI (Min)14000₹2,56,000
S-HNI (Max)312000₹7,68,000
B-HNI (Min)416000₹10,24,000

Kasturi Metal Composite IPO Timeline

IPO Open Date
27 Jan, 2026
IPO Close Date
29 Jan, 2026
Basis of Allotment
30 Jan, 2026
Listing Date
3 Feb, 2026

Issue Price

₹61-64 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt.Ltd.

Lead Manager

Hem Securities Ltd.

Issue Size

27,52,000 shares(aggregating up to ₹17.61 crore)

Kasturi Metal Composite IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
30-Sep-2544.4332.292.4720.1912.5514.28
31-Mar-2535.5757.222.0717.7610.1213.15
31-Mar-2433.4550.202.3512.2911.2811.83
31-Mar-2321.7137.371.497.036.249.78

In Cr.

Kasturi Metal Composite IPO Reservation Details

Investor CategoryShares Offered% Shares
Anchor Investor Shares Offered78200026.42%
Market Maker Shares Offered1380005.01%
QIB Shares Offered52200018.97%
NII (HNI) Shares Offered39400014.32%
bNII > ₹10L2620009.39%
sNII < ₹10L1320004.85%
Individual Shares Offered91600033.28%
Total Shares Offered2752000100%

Kasturi Metal Composite IPO Valuations

EPS Pre IPO

₹/-

EPS Post IPO

₹/-

PE Pre IPO

-

PE Post IPO

-

ROE

13.80%

ROCE

13.76%

Debt Equity

0.74

RoNW

11.54%

PAT Margin

3.64%

Price to Book Value

0.42

Promoters & Share Holding

Promoter(s) Name

  • Samit Surendra Singhai, Akash Surendra Singhai, Surendra Fatechand Singhai and Lata Surendra Singhai
Share Holding Pre IssueShare Holding Post Issue
92.35%67.90%

About Company

Kasturi Metal Composite Limited is a company incorporated in 2005 that deals in the manufacture supply and export of steel fiber products.The company is engaged in the production of Steel Wool Fiber for brake pads and clutches, trading of Durocrete PP Fibers, and provision of concrete flooring solutions under the brand Durafloor Concrete Solution LLP.

The company is dealing in Duraflex and Durabond products intended for various sectors, including the construction, mining, and auto sectors, providing solutions to the construction of roads, bridges, and tunnels, among others.The organization has three units in MIDC Amravati, named Unit 1, specializing in the drawing of fine wires and Units 2-3, dealing with the manufacture of steel fibers and mild steel wires.

Products Portfolio:
The use of high strength steel fibers for tunneling, mines, and rock stabilization provides improved ductility and strength:
Duraflex Steel Fibers
Industrial Flooring Fibers: Add strength to concrete in warehouses, factories, roads, and precast walls to resist cracks.
The following are examples of man-made steel wool fibers:Durabond Steel Wool Fiber: High-thermal-stability fibers used for reinforcement and come in different grades Currently.

As of October 31, 2025, the company has 98 permanent full-time employees.

Read More

Kasturi Metal Composite IPO Subscription Details

As onQIBNII
bNII  sNII
RetailTotal
Shares Offered / Reserved5,22,000
3,94,000

2,62,000    1,32,000
9,16,00018,32,000
Day 127-01-26 05:00 PM
3.00 x
0.37 x

0.53 x   0.05 x
0.24 x1.05 x
Day 228-01-26 05:00 PM
4.00 x
0.84 x

0.89 x   0.73 x
1.10 x1.87 x
Day 329-01-26 05:00 PM
4.00 x
39.23 x

47.47 x   22.88 x
16.49 x17.82 x
Total No. of Applications:5,021
Retail Subscription:

Retail:16.49x

BHNI:16.98x

SHNI:22.5x

Kasturi Metal Composite IPO - Issue Objectives & Utilisation of proceeds

ObjectivesAmount
Funding the capital expenditure towards, mechanical and electrical works, interior work and procurement of plant and machinery for setting up a new manufacturing facility at Amravati, Maharashtra (Proposed Unit IV)-
General Corporate Purpose-

Company Contact Details

Kasturi Metal Composite

A30/3/1, MIDC, H. V. Nagar, Amravati, Amravati, Maharashtra, 444605

Phone: +91 721 2520293

Email: info@steelfiberindia.in

Website: http://www.steelfiberindia.in/

Registrar Contact Details

Bigshare Services Pvt Ltd

Frequently Asked Questions about Kasturi Metal Composite IPO

When will Kasturi Metal Composite IPO open for subscription?

The Kasturi Metal Composite IPO opens on 27 Jan, 2026 and closes on 29 Jan, 2026.

What is the investors portion for Kasturi Metal Composite IPO?

The investors' portion for QIB is 4.00 x, NII is 47.47 x, and Retail is 16.49 x.

How to apply for Kasturi Metal Composite IPO?

You can apply for Kasturi Metal Composite IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.

What is the issue size of Kasturi Metal Composite IPO?

The issue size of Kasturi Metal Composite IPO is approx ₹27,52,000 shares(aggregating up to ₹17.61 crore) crores.

What is the price band of Kasturi Metal Composite IPO?

The price band for Kasturi Metal Composite IPO is ₹61 to ₹64 per equity share.

What is the lot size of Kasturi Metal Composite IPO?

The minimum bid (lot size) for Kasturi Metal Composite IPO is 2000 shares with an investment of approx ₹2,56,000 .

What is the allotment date of Kasturi Metal Composite IPO?

The allotment date for Kasturi Metal Composite IPO is 30 Jan, 2026.

What is the listing date of Kasturi Metal Composite IPO?

The listing date for Kasturi Metal Composite IPO is expected to be 3 Feb, 2026.

What is the GMP of Kasturi Metal Composite IPO?

The latest Grey Market Premium (GMP) for Kasturi Metal Composite IPO is being updated regularly on IPOROCK.

PD

Parth D.

Founder & Lead Analyst

Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.

Kasturi Metal Composite IPO Date, Review, Price, Allotment Details, GMP | IPOROCK