Krupalu Metals IPO subscribed 2.96 times on the last day. The retail quota was subscribed over 1.85 times, NII was subscribed over 6.45 times, and QIB was subscribed over 0 times, respectively.
Details About Krupalu Metals IPO
Krupalu Metals got approval from SEBI for an IPO of around ₹13.48 crores. Krupalu Metals IPO is a fresh issue of ₹13.48 crores with a face value of ₹10 each. Further, Krupalu Metals had a set price band between ₹72 per share.
In the Krupalu Metals IPO, 3,200 shares were available in two lot sizes for the retail minimum and maximum categories. Moreover, 4,800 shares were in 3 lot sizes for the S-HNI Minimum category.
To invest in the Krupalu Metals IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,30,400.
- SHNI (S-HNI): Minimum investment of ₹3,45,600.
Krupalu Metals IPO’s Subscription Duration
Krupalu Metals IPO was started for subscription on September 8, 2025, and closed on September 11, 2025. The Krupalu Metals IPO’s allotment date was September 12, 2025, and they received a refund on September 15, 2025. In contrast, Krupalu Metals’ listing date is scheduled for September 16, 2025.
Krupalu Metals IPO funds deployment
The proceeds raised from the fresh issue will be utilized towards the working capital requirement for the purchase of plant and machinery. Some funds will be used towards the working capital requirement of the company. Lastly, the remaining funds will be used for the company’s general corporate purposes.
About Krupalu Metals Company
Krupalu Metals Limited, incorporated in 2012, is one of the leading company involved in the making of various types of products from brass and copper. Krupalu metals involved in the making of brass and copper sheets, strips, and parts like inserts, pipe fittings, terminals, bus bars, and custom made items. The company has unique and competitive strengths, which are given below.
This firm has an experienced team with management and a trained employee base, existing client relationships, Quality Assurance and Standards, Expertise, vast industry experience, and unique and innovative ideas. The company has a factory at Plot No. 4345, GIDC Phase-III, Dared Udhyognagar, Jamnagar, Gujarat, 361009, where it makes high-quality brass and copper products.
Financial Report of the Krupalu Metals Company
The company reported revenue of ₹48.50 crores in 2025 against ₹37.12 crores in 2024. The company reported profit of ₹2.15 crores in 2025 against profit of ₹1.55 crores in 2024.
