Kasturi Metal Composite IPO: Kasturi Metal Composite Ltd. is launching its book-built SME IPO on the BSE platform, aiming to raise approx. ₹17.61 cr. The issue includes a fresh issue of 27,52,000 equity shares. The company will apply the proceeds for machinery, electrical work, and interiors for its new manufacturing unit, and other commercial purposes. This IPO offers investors an opening to invest in a specialized steel fiber and industrial products manufacturing company.
Kasturi Metal Composite IPO Overview
Kasturi Metal Composite Ltd. is launching its book-built SME IPO on the BSE platform, aiming to raise approx. ₹17.61 cr. The issue includes a fresh issue of 27,52,000 equity shares. The company will apply the proceeds for machinery, electrical work, and interiors for its new manufacturing unit, and other commercial purposes. This IPO offers investors an opening to invest in a specialized steel fiber and industrial products manufacturing company.
| Details | Descriptions |
|---|---|
| IPO Date | 27 to 29 Jan, 2026 |
| Listing Date | Tue, Feb 3, 2026T |
| Face Value | ₹10 per share |
| Issue Price Band | ₹61 to ₹64 |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 27,52,000 shares (agg. up to ₹18 Cr) |
| Reserved for Market Maker | 1,38,000 shares (agg. up to ₹0.8832 Cr) |
| Net Offered to Public | 26,14,000 shares (agg. up to ₹17 Cr) |
| 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 |
Kasturi Metal Composite IPO Schedule
The IPO will open for subscription on Tuesday, January 27, 2026, and close on Thursday, January 29, 2026. The basis of allotment is estimated to be confirmed on January 30, 2026, followed by refunds and credit of shares to demat accounts on February 2, 2026. The company shares are planned to be listed on the BSE SME exchange on Tuesday, February 3, 2026.
| Details | Description |
|---|---|
| IPO Open Date | Tue, Jan 27, 2026 |
| IPO Close Date | Thu, Jan 29, 2026 |
| Tentative Allotment | Fri, Jan 30, 2026 |
| Initiation of Refunds | Mon, Feb 2, 2026 |
| Credit of Shares to Demat | Mon, Feb 2, 2026 |
| Tentative Listing Date | Tue, Feb 3, 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 23, 2026 |
Kasturi Metal Composite IPO Lot Size Details
The standard lot size for this IPO is 2,000 equity shares. The minimum submission for retail investors is 2 lots = 4,000 shares, requiring an investment of approx. ₹2,56,000 (at the upper price band). Different lot options are also available for HNI investors, with options of 6,000 shares and above.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4,000 | ₹2,56,000 |
| Individual investors (Retail) (Max) | 2 | 4,000 | ₹2,56,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,84,000 |
| S-HNI (Max) | 7 | 14,000 | ₹8,96,000 |
| B-HNI (Min) | 8 | 16,000 | ₹10,24,000 |
Kasturi Metal Composite IPO Allocation
The total shares in this IPO are allocated to different investor categories as per guidelines. A portion is reserved for Retail Individual Investors (RIIs), while shares are also allocated to QIB, NII/HNI investors in variable percentages. Additionally, a portion of the IPO is reserved for the market maker to ensure liquidity in the shares after listing.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,38,000 (5.00%) |
| QIB Shares Offered | 13,04,000 (47.29%) |
| − Anchor Investor Shares Offered | 7,82,000 (28.44%) |
| − QIB (Ex. Anchor) Shares Offered | 5,22,000 (18.85%) |
| NII (HNI) Shares Offered | 3,94,000 (14.37%) |
| − bNII > ₹10L | 2,62,000 (9.58%) |
| − sNII < ₹10L | 1,32,000 (4.79%) |
| Retail Shares Offered | 9,16,000 (33.33%) |
| Total Shares Offered | 27,52,000 (100.00%) |
Kasturi Metal Composite IPO Promoter Holding
| Details | Promoter Holding (%) |
|---|---|
| Promoter Holding Pre Issue | 94.87% |
| Promoter Holding Post Issue | 68.88% |
Kasturi Metal Composite IPO Anchor Investors Details
Accretion Nutraveda IPO collects ₹36.40 crores from anchor investors. True Colors IPO anchor bidding date is September 22, 2025.
| Details | Description |
|---|---|
| Bid Date | Fri, Jan 23, 2026 |
| Shares Offered | 7,82,000 |
| Anchor Portion Size (In Cr.) | 5.00 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sun, Mar 1, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Thu, Apr 30, 2026 |
Overview of Kasturi Metal Composite
Kasturi Metal Composite Ltd. The company is a manufacturer of steel fiber and industrial composite products. It specializes in producing loose hook-end, glued hook-end, and flat crimped steel fibers specifically for fiber-reinforced concrete. In addition, it also provides steel wool fibers and macro synthetic PP fibers, which are used in industries such as construction, logistics, infrastructure, mining, and automotive. The company’s products are marketed under the brand names Duraflex & Durabond.
Company Financials
Kasturi Metal Composite Ltd. Financial Information (Restated Standalone)
The company has recorded stable revenue and profits over the past few years. For the financial year ended March 31, 2025, Kasturi Metal Composite Ltd. reported total revenue of approx. ₹57.22 cr, while net profit was approximately ₹2.07 cr. Previously, the company had reported revenue of ₹50.20 crore and a profit of ₹2.35 cr in FY2024. These figures indicate that the company has continued to experience consistent growth in its business.
| Period Ended | 30 Sep 2025 | 31-Mar-25 | 31-Mar-24 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 44.43 | 35.57 | 33.45 | 4.06 |
| 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 |
Key Performance Indicator (KPI)
The market cap. of Kasturi Metal Composite IPO is ₹66.53 Crores.
KPI as of Mon, Mar 31, 2025.
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 13.01% | 13.80% |
| ROCE | 12.35% | 13.76% |
| Debt/Equity | 0.71 | 0.74 |
| RoNW | 12.03% | 11.54% |
| PAT Margin | 7.71% | 3.64% |
| EBITDA Margin | 9.99% | 9.99% |
| Price to Book Value | 2.42 | 0.42 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 2.71 | 4.75 |
| P/E (x) | 23.59 | 13.47 |
| Promoter Holding | 92.35% | 67.90% |
Kasturi Metal Composite IPO Objectives
| Objects of the Issue | Expected Amount (₹ in cr.) |
|---|---|
| Funding working capital requirements of the company | 13.29 |
| Repayment/prepayment of all or certain of our borrowings availed of by the Company | – |
| Funding working capital requirements of our company | – |
| General corporate purposes |
Kasturi Metal Composite IPO Contact Details
- Kasturi Metal Composite Ltd.
- A30/3/1, MIDC,
- H. V. Nagar, Amravati,
- Amravati, Maharashtra, 444605
- +0721-2520293
- info@steelfiberindia.in
- Website – https://steelfiberindia.in/
Kasturi Metal Composite IPO Registrar
Bigshare Services Pvt.Ltd.
| Details | Descriptions |
|---|---|
| Phone: | +91-22-6263 8200 |
| Email: | ipo@bigshareonline.com |
| Website: | https://ipo.bigshareonline.com/IPO_Status.html |
Kasturi Metal Composite IPO FAQs
When Kasturi Metal Composite IPO become available?
The IPO will open on Tue, Jan 27, 2026.
What is the minimum lot size for the Kasturi Metal Composite IPO?
The minimum lot size is 2000 shares.
When will the shares for the Kasturi Metal Composite IPO be allotted?
The allotment is expected to be finalized on Fri, Jan 30, 2026.
What is the expected listing date for the Kasturi Metal Composite IPO?
The tentative listing date is Tue, Feb 3, 2026.
How can I apply for the Kasturi Metal Composite IPO?
You can apply online through your bank or a broker using either the UPI or ASBA payment methods.
Read also – Atlanta Electricals Ltd. IPO Detail
