IPO

Kasturi Metal Composite Ltd. IPO

Kasturi Metal Composite Ltd., established in 2005, operates in the Steel - General sector. The company's IPO opened on January 27, 2026 and closed on January 29, 2026, with an issue price of ₹64. The ... Read more

Min Investment
₹ 1,28,000 / 2000 shares
Price Range
₹61 - ₹ 64
Bidding Dates
27 Jan '26 - 29 Jan '26
Total Issue Value
17.61 Cr
Lot Size
2,000
Total Issue Size
17.61 Cr
Listing At
NSE SME
Subscription
16.74 times
BSE Price
62.55 (-2.27%)

IPO Timeline

  • 27 Jan 2026
    Bidding Starts
  • 29 Jan 2026
    Bidding Ends
  • 30 Jan 2026
    Allotment Finalization
  • 3 Mar 2026
    Listing

About Kasturi Metal Composite Ltd.

We specialize in manufacturing steel fiber products for industrial applications. Our portfolio includes Loose Hook-End, Glued Hook-End, and Flat Crimped Steel Fibers, along with Steel Wool Fiber. Operating under Duraflex, Durabond, and Durocrete brands, we serve construction, engineering, ... Read more

Parent organisation
Founded
Kasturi Metal Composite Ltd.
2005

Kasturi Metal Composite Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 7,82,000 (28.42%)
Market Makers 1,38,000 (5.01%)
Non Institutional Investors 3,94,000 (14.32%)
Qualified Institutional Buyers (QIBs) 5,22,000 (18.97%)
Retail Individual Investors (RIIs) 9,16,000 (33.28%)

Kasturi Metal Composite Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 32.78 Cr 1.66 Cr 10.07 Cr
31 Mar 2024 41.43 Cr 2.17 Cr 11.63 Cr
31 Mar 2023 37.40 Cr 1.90 Cr 7.32 Cr

Kasturi Metal Composite Ltd. Background

Major Events And Milestones
  • 2005
    Incorporation of the Company to manufacture steel fibers for the growing concrete reinforcement market. 2006-07
    Acquired Unit I situated at D-13/1, MIDC, Amravati, Maharashtra, India, 444605.
  • 2010
    Expanded into steel wool fibers, diversifying into automotive and industrial applications.
  • 2014
    Achieved ISO 9001:2015 certification, cementing our commitment to quality
    Our Company has acquired the running business of “Kasturi Industries”, a Partnership firm on Going Concern basis.
  • 2015
    Acquired Unit II situated at A 30/3/1, MIDC Amravati, Maharashtra, India, 444605.
  • 2020
    Began export operations, marking our foray into international markets.
  • 2021
    Set up of Unit III, A-98, MIDC, Amravati, Maharashtra, India, 444605
  • 2024
    Our Company acquired 98% of capital of M/s Durafloor Concrete Solutions LLP, making Durafloor Concrete Solutions LLP subsidiary of our company
    Conversion of the Company from Private Limited to Public Limited Company.
Kasturi Metal Composite Ltd. Object of Issues

1. Funding the capital expenditure towards construction of building, mechanical and electrical works, Interior work and procurement of plant and machinery for setting up a new manufacturing facility at Amravati, Maharashtra (“Proposed Factory IV”)
2. General Corporate Purpose

Kasturi Metal Composite Ltd. IPO Listing Details
Listing Date
3 Mar 2026
ISIN
INE0T1301023
Final Issue Price
₹ 64
Kasturi Metal Composite Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 64.00 -
Open ₹ 64.00 -
Low ₹ 60.80 -
High ₹ 64.50 -
Last Trade ₹ 63.16 -
Kasturi Metal Composite Ltd. Company Promoters

1. Samit Surendra Singhai
2. Akash Surendra Singhai
3. Lata Surendra Singhai
4. Surendra Fatechand Singhai

Industry Overview

India’s economy grew by 6.5% in FY25, supported by a strong 7.4% growth rate in Q4 FY25, leading the RBI to revise India’s GDP growth forecast for FY26 upward to 6.8%. India’s strong external sector outlook, rising employment, and improved FDI ranking—15th globally in 2024 ... Read more

Kasturi Metal Composite Ltd. Contact Details
Address: A30/3/1, MIDC, H. V. Nagar, Amravati Maharashtra - 444605
Phone no:9890972656
9890972656
|
Kasturi Metal Composite Ltd. IPO Registrar
Bigshare Services Pvt. Ltd.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
Kasturi Metal Composite Ltd. IPO Lead Manager(s)
Hem Securities Ltd
No.904, Naman Midtown-Wing A, 9th Floor, Senapati Bapat Marg, Elphinstone Road, Lower Parel, Mumbai Maharashtra - 400013
49060000

FAQs

When does Kasturi Metal Composite Ltd. IPO opens and closes?

Kasturi Metal Composite Ltd. IPO opens from 27th January to 29th January 2026.

What is the size of Kasturi Metal Composite Ltd. IPO?

The size of the Kasturi Metal Composite Ltd. IPO is ₹17.61 Cr.

What is the price range of Kasturi Metal Composite Ltd. IPO?

The price range of Kasturi Metal Composite Ltd. IPO is at ₹61 to ₹64 per share.

What is the minimum investment and lot size required for the Kasturi Metal Composite Ltd. IPO?

The minimum investment required is ₹1,28,000 and minimum lot size is 2000 shares.

When is Kasturi Metal Composite Ltd. IPO listing date?

The Kasturi Metal Composite Ltd. IPO will be listed on 3rd March 2026.

What is the objective of Kasturi Metal Composite Ltd. IPO?

1. Funding the capital expenditure towards construction of building, mechanical and electrical works, Interior work and procurement of plant and machinery for setting up a new manufacturing facility at Amravati, Maharashtra (“Proposed Factory IV”)
2. General Corporate Purpose

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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