Kasturi Metal GMP IPO Date, Review, Price, Allotment Details IPO
Kasturi Metal IPO Summary
IPO Open Date: 27 Jan 2026
IPO Close Date: 29 Jan 2026
Price Band: ₹61 to ₹64 Per Share
Issue Size: Approx ₹17.61 Crores
Listing Exchange: BSE SME
Website: http://www.steelfiberindia.in
Kasturi Metal 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.
Kasturi Metal IPO Details
| Company Name | Kasturi Metal Composite Ltd |
| IPO Open Date | 27 Jan 2026 |
| IPO Close Date | 29 Jan 2026 |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹61 to ₹64 Per Share |
| Issue Size | Approx ₹17.61 Crores |
| Fresh Issue | Approx ₹17.61 Crores |
| Offer for Sale | - |
| Issue Type | Book Build Issue |
| Listing On | BSE SME |
Kasturi Metal IPO Market Lot
The Kasturi Metal Composite IPO minimum market lot is 4,000 shares with ₹2,56,000 application amount.
| Category | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 4,000 | ₹2,56,000 |
| Retail Maximum | 2 | 4,000 | ₹2,56,000 |
| S-HNI Minimum | 3 | 6,000 | ₹3,84,000 |
| S-HNI Maximum | 7 | 14,000 | ₹8,96,000 |
| B-HNI Minimum | 8 | 16,000 | ₹10,24,000 |
Kasturi Metal IPO Reservation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Anchor Investor | 7,82,000 Shares | 28.42% |
| QIB (Ex. Anchor) | 5,22,000 Shares | 18.97% |
| NII / HNI | 3,94,000 Shares | 14.32% |
| Retail | 9,16,000 Shares | 33.28% |
Anchor Bidding Date: 23 Jan 2026
Anchor Issue Size: 5.00 Cr.
30 Days Lock-in: 01 Mar 2026
90 Days Lock-in: 30 Apr 2026
Kasturi Metal IPO Dates & Allotment
The Kasturi Metal Composite IPO date is January 27 and the close date is January 29. The Kasturi Metal Composite IPO allotment will be finalized on January 30 and the IPO listing on February 3.
| IPO Opening Date | 27 Jan 2026 |
| IPO Closing Date | 29 Jan 2026 |
| Bidding Cutoff Time | 5 PM |
| Basis of Allotment | 30 Jan 2026 |
| Refunds Initiation | 02 Feb 2026 |
| Credit to Demat | 02 Jan 2026 |
| IPO Listing Date | 03 Feb 2026 |
Kasturi Metal IPO Objects of the Issue & Utilization of Proceeds
| Description | Amount |
|---|---|
| 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”) | ₹13.29 |
| General Corporate Purpose | ₹ |
Kasturi Metal Composite Ltd Financials
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹37.37 | ₹35.38 | ₹1.49 | ₹21.71 |
| 2024 | ₹50.20 | ₹46.84 | ₹2.35 | ₹33.45 |
| 2025 | ₹57.22 | ₹54.18 | ₹2.07 | ₹35.57 |
| Sep 2025 | ₹32.29 | ₹28.56 | ₹2.47 | ₹44.43 |
Kasturi Metal IPO Valuation
Check Kasturi Metal Composite IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Parameter | Value |
|---|---|
| Earnings Per Share (EPS) | ₹2.86 (Basic) |
| P/E Ratio | N/A |
| Return on Equity (ROE) | 13.80% |
| Return on Capital Employed (ROCE) | 13.76% |
| Return on Net Worth (RoNW) | 11.54% |
| Net Asset Value (NAV) | ₹24.79 |
| EBITDA Margin | 9.99% |
| PAT Margin | 3.64% |
Kasturi Metal IPO Promoters & Holding Pattern
| Particulars | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 76,43,212 | 92.35% |
| Promoter Holding Post Issue | 1,03,95,212 | 67.90% |
Kasturi Metal IPO Lead Managers (Merchant Bankers)
- Hem Securities Ltd
About Kasturi Metal Composite Ltd
Kasturi Metal Composite, established in 2005, specializes in manufacturing and exporting steel fiber products under brands like Duraflex and Durabond, which are used for concrete reinforcement and friction linings in industries like construction, mining, and automotive. The company operates three manufacturing units in Amravati, Maharashtra.
Kasturi Metal Composite Ltd Address
Amravati, Maharashtra, 444605Phone: +0721-2520293
Email: [email protected]
Kasturi Metal IPO Registrar
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html