Kasturi Metal Composite – IPO

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 finalised 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.

Kasturi Metal Composite – IPO Details

IPO Date January 27, 2026 to January 29, 2026
Listing Date February 3, 2026
Face Value ₹ 10 / Share
Price Band ₹ 61 to ₹ 64 / Share
Lot Size 200 Shares
Total Issue Size 27,52,000 shares
(Aggregating up to ₹18 Cr)
Fresh Issue
Offer for Sale
Employee Discount
Issue Type Bookbuilding IPO
Listing At BSE SME
Share holding pre issue 76,43,212 shares
Share holding post issue 1,03,95,212 shares
Market Maker portion

Kasturi Metal Composite Timeline (Tentative Schedule)

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

IPO Open Date January 27, 2026
IPO Close Date January 29, 2026
Basis of Allotment January 30, 2026
Initiation of Refunds February 2, 2026
Credit of Shares to Demat February 2, 2026
Listing Date February 3, 2026
Cut-off time for UPI mandate confirmation --

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
Retail (Min) 2 400 Rs.25,600
Retail (Max) 2 400 Rs.25,600
S-HNI (Min) 3 600 Rs.38,400
S-HNI (Max) 7 1,400 Rs.89,600
B-HNI (Min) 8 1,600 Rs.102,400
HNI (Min)

Kasturi Metal Composite IPO Promoter Holding

Share Holding Pre Issue 92.35%
Share Holding Post Issue 67.90%

Kasturi Metal Composite IPO Reservation

Kasturi Metal Composite IPO offers a total of 27,52,000 shares. Out of which 13,04,000 (47.38%) allocated to QIB, 5,22,000 (18.97%) allocated to QIB (Ex-Anchor), 3,94,000 (14.32%) allocated to NII, 9,16,000 (33.28%) allocated to RII, and 7,82,000 (28.42%) allocated to Anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 7,82,000
(28.42%)
Market Maker Shares Offered 1,38,000
(5.01%)
Other Shares Offered
QIB Shares Offered 13,04,000
(47.38%)
NII (HNI) Shares Offered 3,94,000
(14.32%)
bNII > ₹10L 2,62,000
(9.52%)
sNII < ₹10L 1,32,000
(4.80%)
Retail Shares Offered 9,16,000
(33.28%)
Employee Shares Offered
Total Shares Offered 27,52,000
(100.00%)

Kasturi Metal Composite IPO Anchor Investors Details

Bid Date
Shares Offered 7,82,000
Anchor Portion Size (In Cr.)
Anchor lock-in period end date for 50% shares (30 Days)
Anchor lock-in period end date for remaining shares (90 Days)

About Kasturi Metal Composite

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, bridges, and more, ensuring structural integrity and quality.

The company operates three units in MIDC Amravati: Unit 1 for fine wire drawing, Units 2-3 for steel fibers and mild steel wire production, ensuring efficient operations and quality products.

Products Portfolio:
  • Duraflex Steel Fibers: High-strength fibers for tunnels, mines, and rock stabilization, enhancing ductility and load capacity.
  • Industrial Flooring Fibers: Strengthen concrete in warehouses, factories, roads, and precast walls, improving crack resistance.
  • Durabond Steel Wool Fiber: High thermal stability fibers, reinforcing structures, available in various grades for diverse applications.

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

Competitive Strengths:

  • Strong Manufacturing Capabilities
  • Strong portfolio and diverse range of Steel Fiber products
  • Stringent quality control mechanism ensuring standardized product quality
  • Established relationships with customers across various geographical locations
  • Experienced Promoter and Strong Management Team Our company is led by individual promoters Samit Surend.

Key Performance Indicator

KPI Values
ROE 13.01%
ROCE 12.35%
Debt/Equity 0.71
RoNW 12.03%
P/BV 2.42
PAT Margin (%) 7.71
  Pre IPO Post IPO
EPS (Rs) 2.71 4.75
P/E (x) 23.59 13.47

Note:

  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on the date of RHP and the latest FY earnings as of March 31, 2025, available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2025, available in RHP.

Objects of the Issue (Kasturi Metal Composite IPO Objectives)

Kasturi Metal Composite Contact Details

Kasturi Metal Composite Ltd.

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

Amravati, Maharashtra, 444605

Kasturi Metal Composite IPO Registrar

Bigshare Services Pvt. Ltd.

Frequently Asked Questions

What is Kasturi Metal Composite IPO?
The Kasturi Metal Composite IPO is classified as an SME IPO. The issue price is set between ₹61 and ₹64 per equity share. A minimum of 200 shares is required per order. The IPO will be open from January 27, 2026, to January 29, 2026. The shares are proposed to be listed on BSE SME.
When does the Kasturi Metal Composite IPO open and close?
The Kasturi Metal Composite IPO will be opened on January 27, 2026, and closed on January 29, 2026.
What is the issue size of the Kasturi Metal Composite IPO?
The size of the Kasturi Metal Composite IPO is ₹18 Crin total. A fresh issue of shares, aggregating up to , is included.
What is the price band of the Kasturi Metal Composite Limited IPO?
The price band for the IPO has been set between ₹61 - ₹64 per equity share.
What is the allotment date of the Kasturi Metal Composite IPO?
The share allotment date for the Kasturi Metal Composite IPO is set for January 30, 2026.
What is the Kasturi Metal Composite listing date?
The Kasturi Metal Composite IPO is scheduled to be listed on February 3, 2026.
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