Kasturi Metal Composite

Kasturi Metal Composite Limited - IPO

SME

Kasturi Metal Composite IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Share holding pre issue
7643212
Share holding post issue
-
Total Issue Size
-
Fresh Issue
-
Offer for Sale
-
DRHP Status
Exchange Approval Received

Kasturi Metal Composite IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Kasturi Metal Composite IPO Reservation

Promoter Holding

Pre Issue:92.35%
Post Issue:-
Promoter Names:
Samit Surendra Singhai, Akash Surendra Singhai, Surendra Fatechand Singhai, Lata Surendra Singhai

Documents

Kasturi Metal Composite IPO Valuations

ROE:24.35%
ROCE:18.43%
DEBT/EQUITY:0.96
RONW:18.98%
PAT MARGIN:4.68%

Kasturi Metal Composite Limited Financial Information

Period Ended30 Sep 202431 Mar 2024
Assets33.8833.45
Total Income31.9350.2
Profit After Tax2.252.35
Net Worth14.512.29
Reserves and Surplus13.4911.28
Total Borrowing12.0311.83
Amount in ₹ Crore

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, 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 January 31, 2025, the company has employed 99 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.
 

Strength Of Kasturi Metal Composite IPO

To be announced

Risk Of Kasturi Metal Composite IPO

To be announced

Objectives Kasturi Metal Composite IPO

1. 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”)

2. General Corporate Purpose

Company Contact Details

Kasturi Metal Composite Ltd.
A30/3/1,
MIDC,
H. V. Nagar, Amravati,
Amravati, Maharashtra, 444605
Phone: +0721-2520293
Email: info@steelfiberindia.in
Website: http://www.steelfiberindia.in/

Registrar Contact Details

Name: Bigshare Services Pvt Ltd
Phone: +91-22-62638200

Market Maker

To be announced

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