Kasturi Metal
listed
SME IPO
₹0.00
(0.00%)
Table of Contents
- 01 IPO Description
- 02 IPO Parameters
- 03 IPO Roadmap
- 04 GMP History
- 05 Kasturi Metal IPO – Key Details
- 06 Kasturi Metal Composite IPO – Market Lot Details
- 07 Kasturi Metal Composite IPO – Reservation Details
- 08 Kasturi Metal Composite IPO – Anchor Investors
- 09 Kasturi Metal Composite IPO – Important Dates
- 10 Kasturi Metal Composite IPO – Promoters & Holding Pattern
- 11 Kasturi Metal Composite IPO – Objects of the Issue
- 12 About Kasturi Metal Composite IPO
- 13 Kasturi Metal Composite IPO – Company Financial Report
- 14 Kasturi Metal Composite IPO – Valuation (FY2025)
- 15 Peer Group Comparison
- 16 IPO Lead Managers aka Merchant Bankers
IPO PARAMETERS
PRICE BAND
61.00 - 64.00
LOT SIZE
2000 Shares
MIN. INVESTMENT
₹1,22,000
IPO ROADMAP
BIDDING STARTS
27 Jan 2026
2
BIDDING ENDS
29 Jan 2026
3
ALLOTMENT
TBA
4
LISTING
03 Feb 2026
Grey Market Premium HISTORY
| Date | GMP (₹) | Daily Change | Gain (%) |
|---|---|---|---|
| 03 Feb 2026 | ₹0.00 | -₹2.00 | 0.00% |
| 02 Feb 2026 | ₹2.00 | - | 3.13% |
Kasturi Metal IPO – Key DETAILS
| IPO Open Date | January 27, 2026 |
| IPO Close Date | January 29, 2026 |
| Face Value | ₹10 per Equity Share |
| Price Band | ₹61 – ₹64 per Share |
| Issue Size | Approx ₹17.61 Crores |
| Fresh Issue | Approx ₹17.61 Crores |
| Issue Type | Book Build Issue |
| IPO Listing | BSE SME |
Kasturi Metal Composite IPO – Market Lot DETAILS
| Application | Lot Size | Shares | Amount (₹) |
|---|---|---|---|
| Retail Minimum | 2 | 4,000 | 2,56,000 |
| Retail Maximum | 2 | 4,000 | 2,56,000 |
| S‑HNI Minimum | 3 | 6,000 | 3,84,000 |
| S‑HNI Maximum | 7 | 14,000 | 8,96,000 |
| B‑HNI Minimum | 8 | 16,000 | 10,24,000 |
Kasturi Metal Composite IPO – Reservation DETAILS
| Investor Category | Shares Offered | Percentage (%) |
|---|---|---|
| Anchor Investors | 7,82,000 | 28.42% |
| QIB (Ex‑Anchor) | 5,22,000 | 18.97% |
| NII | 3,94,000 | 14.32% |
| Retail | 9,16,000 | 33.28% |
Kasturi Metal Composite IPO – Anchor INVESTORS
| Anchor Bidding Date | January 23, 2026 |
| Shares Offered to Anchor Investors | 7,82,000 Shares |
| Anchor Issue Size | ₹5.00 Crores |
| Lock‑in Period (50% – 30 Days) | March 1, 2026 |
| Lock‑in Period (50% – 90 Days) | April 30, 2026 |
Kasturi Metal Composite IPO – Important DATES
| IPO Open Date | January 27, 2026 |
| IPO Close Date | January 29, 2026 |
| Basis of Allotment | January 30, 2026 |
| Refunds Initiation | 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 |
Kasturi Metal Composite IPO – Promoters & Holding PATTERN
Promoters: Samit Surendra Singhai, Akash Surendra Singhai, Surendra Fatechand Singhai and Lata Surendra Singhai
| Particulars | Shares | Shareholding (%) |
|---|---|---|
| Promoter Holding (Pre Issue) | 76,43,212 | 92.35% |
| Promoter Holding (Post Issue) | 1,03,95,212 | 67.90% |
Kasturi Metal Composite IPO – Objects of the ISSUE
| Purpose | Amount (₹ Cr) |
|---|---|
| Funding capital expenditure towards mechanical & electrical works, interior work and procurement of plant & 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
| Period Ended | Revenue (₹ Cr) | Expense (₹ Cr) | PAT (₹ Cr) | Assets (₹ Cr) |
|---|---|---|---|---|
| FY 2023 | 37.37 | 35.38 | 1.49 | 21.71 |
| FY 2024 | 50.20 | 46.84 | 2.35 | 33.45 |
| FY 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)
| KPI | Values |
|---|---|
| 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 / Earnings (P/E) | 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.