Kasturi Metal IPO subscribed 17.75 times on the last day, a retail quota of over 16.49 times, NII of over 38.88 times, and QIB of 4.00 respectively.
Kasturi Metal IPO Listing Details
Find the Kasturi Metal IPO listing details like BSE Code, NSE Code, ISIN Number, and Listing Group below:
| Listing Date | February 3, 2026 |
| BSE Code | – |
| NSE Code | – |
| ISIN No | – |
| Offer Price | ₹61 to ₹64 |
| Face Value | ₹10 |
| Listing Price | ₹[.] |
Details About Kasturi Metal IPO
Kasturi Metal got approval from SEBI for an IPO of around ₹17.61 crores. Kasturi Metal IPO comprises a fresh issue of ₹17.61 crores with a face value of ₹10 each.
Further, Kasturi Metal had a set price band between ₹61 to ₹64 per share.
In the Kasturi Metal IPO, 4,000 shares were in 2 lot sizes for the retail minimum and maximum categories as well. Moreover, 6,000 shares were in 3 lot sizes for the S-HNI minimum category. 14,000 shares were available in 7 lot sizes for the S-HNI maximum category. 16,000 shares were available in 8 lot sizes for the B-HNI minimum category.
To invest in the Kasturi Metal IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,56,000.
- SHNI (S-HNI): Minimum investment of ₹3,84,000.
- SHNI (S-HNI): Maximum investment of ₹8,96,000.
- B-HNI Minimum: Minimum investment of ₹10,24,000.
Kasturi Metal IPO Dates
The Kasturi Metal IPO opening date was January 27, 2026, and the closing date was January 29, 2026. The allotment of the Kasturi Metal IPO was on January 30, 2026, while the investors will receive a refund on February 2, 2026. Kasturi Metal IPO listing date is scheduled for February 3, 2026.
Kasturi Metal IPO funds deployment
- The funds raised from the fresh issue will be utilized towards the 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”).
- The remaining will go to the company’s General Corporate Purpose.
About Kasturi Metal Company
Incorporated in 2005, Kasturi Metal Composite is one of the leading companies engaged in the manufacturing and exporting of steel fiber products. Its product range includes Loose Hook-End Steel Fiber, Glued Hook-End Steel Fiber, and Flat Crimped Steel Fiber, available in various sizes for fiber-reinforced concrete applications.
The company primarily markets its products under the brands Duraflex and Durabond, serving industries like 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.
