The Kasturi Metal IPO minimum market lot is 4,000 shares with ₹2,56,000 application amount. The Kasturi Metal IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Kasturi Metal IPO Subscription Status – Day 1
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 0.00 | 0.00 | 0.00 |
| RII | 0.03 | 0.00 | 0.00 |
| Total | 0.02 | 0.00 | 0.00 |
Kasturi Metal IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Kasturi Metal IPO Review and Rating
- May Apply For Long-term View
Kasturi Metal IPO Form
How to apply for the Kasturi Metal IPO? You can apply for Kasturi Metal IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Kasturi Metal IPO in the Invest section. The other option is you can apply for Kasturi Metal IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
