Kasturi Metal IPO Date, Review, Price, Allotment Details

Kasturi Metal IPO open date is January 27, 2026 and the IPO will close on January 29, 2026. Kasturi Metal Composite IPO is a Book Build Issue. The company to raise around ₹17.61 crores via IPO that comprises fresh issue of ₹17.61 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Kasturi Metal Composite IPO price band is ₹61 to ₹64 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Kasturi Metal Composite IPO to list on BSE SME on February 3, 2026. The allotment of Kasturi Metal Composite IPO date is January 30, 2026.

The company reported revenue of ₹57.22 crores in 2025 against ₹50.20 crores in 2024. The company reported profit of ₹2.07 crores in 2025 against profit of ₹2.35 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

Table of Contents

Kasturi Metal IPO Details

IPO Open DateJanuary 27, 2026
IPO Close DateJanuary 29, 2026
Face Value₹10 Per Equity Share
IPO Price Band₹61 to ₹64 Per Share
Issue SizeApprox ₹17.61 Crores
Fresh IssueApprox ₹17.61 Crores
Issue TypeBook Build Issue
IPO ListingBSE SME
DRHP Draft ProspectusPDF
RHP Draft ProspectusPDF

Kasturi Metal Composite IPO Review & Key Points

  • Review:

Kasturi Metal Composite IPO Market Lot

The Kasturi Metal Composite IPO minimum market lot is 4,000 shares with ₹2,56,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum24,000₹2,56,000
Retail Maximum24,000₹2,56,000
S-HNI Minimum36,000₹3,84,000
S-HNI Maximum714,000₹8,96,000
B-HNI Minimum816,000₹10,24,000

IPO Reservation

Investor CategoryShare Offered-% Shares
Anchor Investor7,82,000 Shares28.42%
QIB (Ex. Anchor)5,22,000 Shares18.97%
NII Shares Offered3,94,000 Shares14.32%
Retail Shares Offered9,16,000 Shares33.28%

Kasturi Metal Composite IPO Anchor Investors

Anchor Bidding DateJanuary 23, 2026
Anchor Investors ListPDF
Shares Offered7,82,000 Shares
Anchor Size5.00 Cr.
lock-in period end date 50% shares (30 Days) March 1, 2026
lock-in period end date 50% shares (90 Days) April 30, 2026

Kasturi Metal Composite IPO Dates

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 Open Date:January 27, 2026
IPO Close Date:January 29, 2026
Basis of Allotment:January 30, 2026
Refunds:February 2, 2026
Credit to Demat Account:February 2, 2026
IPO Listing Date:February 3, 2026
IPO Bidding Cut-off Time:January 29, 2026 – 5 PM

Promoters and Holding Pattern

The promoters of the company are Samit Surendra Singhai, Akash Surendra Singhai, Surendra Fatechand Singhai and Lata Surendra Singhai.

ParticularShares% Share
Promoter Holding Pre Issue76,43,21292.35%
Promoter Holding Post Issue1,03,95,21267.90%

Objects of the Issue & Utilisation of proceeds

PurposeCrores
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₹-

About Kasturi Metal Composite IPO

Kasturi Metal Composite, founded in 2005, has been involved in the manufacturing and exporting of steel fiber products. Its product portfolio consists of Loose Hook-End Steel Fiber, Glued Hook-End Steel Fiber, and Flat Crimped Steel Fiber, available in various sizes for fiber-reinforced concrete applications. Moreover, the company also manufactures Steel Wool Fiber for brake pads and clutches, and trades Macro Synthetic PP Fibers under the Durocrete brand. 

The firm mostly promotes its products under the brands Duraflex and Durabond to cater to various industries, including construction, engineering, warehousing, logistics, mining, infrastructure, and automotive. Its manufacturing units consist of high-tech machines like wire drawing machines, wet and dry wire systems, and special equipment to manufacture steel fibre products.

Kasturi Metal Composite IPO Company Financial Report

Amount ₹ in Crores

Period EndedRevenueExpensePATAssets
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 Composite IPO Valuation – FY2025

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.

KPIValues
ROE:13.80%
ROCE:13.76%
EBITDA Margin:9.99%
PAT Margin:3.64%
Debt to equity ratio:
Earning Per Share (EPS):₹2.86 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):11.54%
Net Asset Value (NAV):₹24.79

Peer Group Comparison

  • There are no listed companies in India.

IPO Lead Managers aka Merchant Bankers

  • Hem Securities Ltd.

Company Address

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

IPO Registrar

Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html

Kasturi Metal Composite IPO FAQs

What is Kasturi Metal Composite IPO?

Kasturi Metal IPO is SME IPO. The company is going to raise ₹17.61 Crores via IPO. The issue is priced at ₹61 to ₹64 per equity share. The IPO is to be listed on BSE.

When Kasturi Metal Composite IPO will open for subscription?

The IPO is to open on January 27, 2026 for QIB, NII, and Retail Investors. The IPO will close on January 29, 2026.

What is Kasturi Metal Composite IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Kasturi Metal Composite IPO?

You can apply for Kasturi Metal Composite IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Kasturi Metal Composite IPO Issue Size?

Kasturi Metal Composite IPO issue size is ₹17.61 crores.

What is Kasturi Metal Composite IPO Price Band?

Kasturi Metal Composite IPO Price Band is ₹61 to ₹64.

What is Kasturi Metal Composite IPO Lot Size?

The minimum bid is 4,000 Shares with ₹2,56,000 amount.

What is the Kasturi Metal Composite IPO Allotment Date?

Kasturi Metal Composite IPO allotment date is January 30, 2026.

What is the Kasturi Metal Composite IPO Listing Date?

Kasturi Metal Composite IPO listing date is February 3, 2026. The IPO is to list on BSE.

Note: The Kasturi Metal Composite IPO price band and date are officially announced. The (Kasturi Metal Composite IPO grey market premium) will be added to the IPO GMP page as it will start).

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

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