Kasturi Metal Composite IPO Details
Kasturi Metal Composite IPO Summary
Kasturi Metal Composite IPO opens for subscription on 27 Jan 2026 and closes on 29 Jan 2026.The IPO will be listed on BSE with the tentative listing date set for 03 Feb 2026.
Kasturi Metal Composite IPO price band has been fixed at ₹61 – ₹64 per share. The face value is ₹10 per share with a lot size of 2000.
Kasturi Metal Composite IPO total issue size comprises 27,52,000 shares (aggregating up to ₹17.61 Cr). This includes a fresh issue of 27,52,000 shares (aggregating up to ₹17.61 Cr). Pre-issue shareholding stands at 76,43,212, which will increase to 1,03,95,212 post-issue.
Kasturi Metal Composite IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
Kasturi Metal Composite IPO Lot Size :Individual Minimum is 2 lots (4,000 shares) amounting to ₹256,000. Individual Maximum is 2 lots (4,000 shares) amounting to ₹256,000. SHNI Minimum is 3 lots (6,000 shares) amounting to ₹384,000. SHNI Maximum is 7 lots (14,000 shares) amounting to ₹896,000. BHNI Minimum is 8 lots (16,000 shares) amounting to ₹1,024,000.
The Lead Managers for Kasturi Metal Composite IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Hem Securities Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Hem Finlease. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Kasturi Metal Composite Limited RHP.
Kasturi Metal Composite IPO Details
Kasturi Metal Composite IPO Subscription
Kasturi Metal Composite IPO Application Wise Breakup
Kasturi Metal Composite IPO Dates
- 27 Jan 2026Opening dateOpen
- 29 Jan 2026Closing dateClose
- 30 Jan 2026Allotment Date Allotment
- 02 Feb 2026Initiation of RefundsRefund
- 02 Feb 2026Credit of SharesCredit
- 03 Feb 2026Listing dateListing
Kasturi Metal Composite IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 4000 | ₹256,000 |
| Individual Maximum | 2 | 4000 | ₹256,000 |
| SHNI Minimum | 3 | 6000 | ₹384,000 |
| SHNI Maximum | 7 | 14000 | ₹896,000 |
| BHNI Minimum | 8 | 16000 | ₹1,024,000 |
Kasturi Metal Composite IPO Reservation
Promoter Holding
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Kasturi Metal Composite IPO Valuations
Kasturi Metal Composite Financial Information
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 44.43 | 35.57 | 33.45 | 21.71 |
| Total Income | 32.29 | 57.22 | 50.20 | 37.37 |
| Profit After Tax | 2.47 | 2.07 | 2.35 | 1.49 |
| EBITDA | 4.80 | 5.69 | 5.40 | 3.97 |
| NET Worth | 20.19 | 17.76 | 12.29 | 7.03 |
| Reserves and Surplus | 12.55 | 10.12 | 11.28 | 6.24 |
| Total Borrowing | 14.28 | 13.15 | 11.83 | 9.78 |
| 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 caters to customers across the construction, mining, infrastructure, and automotive sectors, providing reinforcement solutions designed to enhance structural performance and durability.
The Company manufactures steel wool fiber used in brake pads and clutches, trades Durocrete polypropylene (PP) fibers, and offers concrete flooring solutions through its associate entity, Durafloor Concrete Solution LLP. Its branded products, Duraflex and Durabond, are deployed in applications such as tunnels, roads, bridges, industrial flooring, and other infrastructure projects, contributing to improved structural integrity, ductility, and load-bearing capacity.
Kasturi Metal Composite Limited operates three manufacturing units located at MIDC Amravati, Maharashtra. Unit 1 is dedicated to fine wire drawing, while Units 2 and 3 are engaged in the production of steel fibers and mild steel wires, enabling efficient operations, process integration, and consistent product quality.
The Company’s product portfolio includes:
Duraflex Steel Fibers, high-strength fibers used in tunnels, mining, and rock stabilisation applications to enhance ductility and load-bearing capacity
Industrial Flooring Fibers, reinforcement fibers used in warehouses, factories, roads, and precast walls to improve crack resistance and durability
Durabond Steel Wool Fiber, high thermal stability fibers available in multiple grades for diverse industrial applications
As of October 31, 2025, the Company employed 98 permanent full-time employees across manufacturing, quality control, administration, and sales functions.
Strength Of Kasturi Metal Composite IPO
- 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.
Risk Of Kasturi Metal Composite IPO
- We are primarily dependent upon few key suppliers within limited geographical location for procurement of raw materials. Any disruption in the supply of raw materials from such selective suppliers and geographical location could have a material adverse effect on our business operations and financial conditions.
- Substantial portion of our revenues has been dependent upon few customers. The loss of any one or more of our major customer would have a material adverse effect on our business, cash flows, results of operations and financial condition.
- Our Company does not have long-term agreements with suppliers for input materials. A significant increase in the cost or shortfall in the availability of such materials, along with price fluctuations, could adversely impact our business, financial condition, and operational results.
- Our Company is yet to place orders for the machinery for the expansion of the proposed manufacturing unit. Any delay in placing orders or procurement of such machinery may delay the schedule of implementation and possibly increase the cost of commencing operations.
- Our Business is dependent on our manufacturing unit. Any disruption, breakdown or failure of machinery, disruption to power sources or any temporary shutdown of our manufacturing unit, may have a material adverse effect on our business, results of operations, financial condition and cash flows.
- Company derives significant portion revenue from manufacturing of Steel Fiber and any reduction in the demand of such products could have an adverse effect on the business, results of operations and financial condition.
- We operate in a labor-intensive industry and are subject to stringent labor laws and any strike, work stoppage or increased wage demand by our employees or any other kind of disputes with our employees could adversely affect our business, financial condition, results of operations and cash flows.
- We generate our major portion of turnover from our operations in certain geographical regions and any adverse developments affecting our operations in these regions could have an adverse impact on our revenue and results of operations.
- Our Company is party to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on our business, results of operations and financial condition.
- The Company has encountered certain issues and discrepancies in its corporate records and regulatory compliance, which present potential risks.
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
Kasturi Metal Composite FAQs
The Kasturi Metal Composite IPO is a SME public issue comprising 2752000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹17.61 Cr. The issue price has been fixed at ₹64 per equity share, and the minimum application size is 2000 shares.
The IPO opens for subscription on 27 Jan 2026, and closes on 29 Jan 2026.
Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at ₹0 (0%).
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