Kasturi Metal IPO GMP today is Rs 0. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
SME IPO
KASTURIMETALCOMPOSITE
Kasturi Metal IPO GMP, Subscription & Allotment Status Today
Kasturi Metal is a SME IPO with a price band of Rs 61.00 to Rs 64.00 that listed on 03 Feb 2026 at a listing gain of 0.00%. Track its full GMP history, subscription data and listing details here.
- Price Band
- ₹61.00 - ₹64.00
- Lot Size
- 2,000 Shares
- Bidding Closes
- 29 Jan 2026
- Listing Date
- 03 Feb 2026
Current GMP Status
₹0
+0% vs upper band
Est. Listing Gain
+0.00%
Last Trend
03 Feb 2026
Listing Price
₹64.00
Retail Entry
₹2,56,000
IPO Details
Complete IPO information
| Current GMP | ₹0 |
|---|---|
| Estimated Listing Gain | +0.00% |
| Price Band | ₹61.00 - ₹64.00 |
| Issue Price | Approx ₹64.00 Crores |
| Listing Price | ₹64.00 |
| Lot Size | 2,000 Shares |
| Issue Type | SME |
| Registrar | TBA |
| Exchange | NSE, BSE |
| Retail Quota | TBA |
| Overall Subscription | TBA |
| Listing Date | 03 Feb 2026 |
| Minimum Investment | ₹2,56,000 |
Head-to-head
Compare Kasturi Metal IPO with similar IPOs
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Kasturi Metal is priced at ₹64 per share. With a minimum lot size of 2,000 shares, a retail investor applying for one lot would need approximately ₹2,56,000 to participate in this SME issue.
The latest recorded Grey Market Premium for Kasturi Metal stands at ₹0, implying an estimated listing gain of around 0.00% over the issue price if it holds until listing. This is down ₹2 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
27 Jan 2026
✓
Bidding Closes
29 Jan 2026
✓
Allotment
TBA
✓
Listing
03 Feb 2026
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 03 Feb 2026 | ₹0.00 | -₹2.00 | 0.00% |
| 02 Feb 2026 | ₹2.00 | - | 3.13% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 4,000 | ₹2,56,000 |
| Retail Maximum | 2 Lot | 4,000 | ₹2,56,000 |
| S-HNI Minimum | 3 Lot | 6,000 | ₹3,84,000 |
| S-HNI Maximum | 7 Lot | 14,000 | ₹8,96,000 |
| B-HNI Minimum | 8 Lot | 16,000 | ₹10,24,000 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
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 |
Analysis
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 |
Analysis
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% |
Analysis
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 |
Analysis
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 |
Analysis
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% |
Analysis
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 | – |
Analysis
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.
Analysis
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 |
Analysis
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 |
Analysis
Peer Group Comparison
- There are no listed companies in India.
Analysis
IPO Lead Managers aka Merchant Bankers
- Hem Securities Ltd.
FAQ
Kasturi Metal IPO FAQs
Kasturi Metal IPO price band is Rs 61.00 to Rs 64.00. Check the latest issue price, lot size and GMP together before applying.
Kasturi Metal IPO open date is 27 Jan 2026, close date is 29 Jan 2026, and listing date is 03 Feb 2026.
Kasturi Metal IPO lot size is 2,000 shares. The minimum retail investment is Rs 2,56,000.
Kasturi Metal is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Kasturi Metal IPO subscription status currently shows Subscription data is currently awaited.
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