IPO

Kasturi Metal Composite Limited IPO

BSE SME

Listed On: Feb 3, 2026 at ₹ 64.0

₹ 256000 /4000 Shares
*Min Investment

Check Allotment

27 Jan, 2026

Open Date

29 Jan, 2026

Close Date

30 Jan, 2026

Allotment Date

03 Feb, 2026

Listing Date
Kasturi Metal Composite IPO Live Subscription Details
View Subscription Details
QIB 4.00x
Individual 16.49x
NIIs 39.23x
BHNI 47.47x
SHNI 22.88x
Individual 16.49x
Total 17.82x
Last updated: 29 Jan 2026, 05:57 PM
Kasturi Metal Composite IPO Issue Details
  • Issue Price ₹61-64 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 27,52,000 shares(aggregating up to ₹17.61 crore)
  • Fresh Share 27,52,000 shares(aggregating up to ₹17.61 crore)
  • Listing at BSE SME
  • List Price 64.0
  • Listing Date 2026-02-03
  • Lead Manager Hem Securities Ltd.
  • Registrar Bigshare Services Pvt.Ltd.
Market Lot Size

Investors can bid for a minimum of 4000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 4000 ₹2,56,000
Individual(max) 2 4000 ₹2,56,000
SHNI(min) 3 6000 ₹3,84,000
SHNI(max) 7 14000 ₹8,96,000
BHNI(min) 8 16000 ₹10,24,000
Kasturi Metal Composite IPO Reservation

Kasturi Metal Composite IPO offers total 2752000 shares. Out of which 522000 (18.97%) allocated to QIB, 394000 (14.32%) allocated to NII,916000 (33.28%) allocated to RII, NA (NA%) allocated to employees and 782000 (26.42%) allocated to Anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 782000 (26.42%)
Market Maker Shares Offered 138000 (5.01%)
QIB Shares Offered 522000 (18.97%)
NII (HNI) Shares Offered 394000 (14.32%)
bNII > ₹10L 262000 (9.39%)
sNII < ₹10L 132000 (4.85%)
Individual Shares Offered 916000 (33.28%)
Total Shares Offered 2752000 (100%)
Kasturi Metal Composite IPO Documents
DRHP
RHP
ANCHOR
Kasturi Metal Composite IPO Details


Kasturi Metal Composite Limited IPO is an SME IPO, priced at ₹61-64 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 27,52,000 equity shares, aggregating up to ₹17.61 crores..

The IPO bidding window is open from Jan 27, 2026 to Jan 29, 2026. The allotment is expected to be finalized on Jan 30, 2026, and the tentative listing date is Feb 3, 2026.

The minimum lot size for Individual investors is 4000 shares, with a minimum investment of ₹2,56,000.

Hem Securities Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt.Ltd., and

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Kasturi Metal Composite IPO Subscription Analysis And Details
Retail
16.49x
QIB
4.00x
NII
39.23x
bNII
47.47x
sNII
22.88x
Total
17.82x
As on QIB NII
bNII   sNII 		Individual Total
Shares Offered / Reserved 5,22,000 3,94,000
2,62,000    1,32,000 		9,16,000 18,32,000
Day 1 27-01-26 05:00 PM
3.00 x 0.37 x
0.53 x   0.05 x 		0.24 x 1.05 x
Day 2 28-01-26 05:00 PM
4.00 x 0.84 x
0.89 x   0.73 x 		1.10 x 1.87 x
Day 3 29-01-26 05:00 PM
4.00 x 39.23 x
47.47 x   22.88 x 		16.49 x 17.82 x
Total No of Applications
5,021
Subscription on the basis of Applications
Retail:16.49x BHNI:16.98x SHNI:22.5x
Kasturi Metal Composite Valuations
EPS Pre IPO ₹/-
EPS Post IPO ₹/-
ROE 13.80%
ROCE 13.76%
Debt/Equity 0.74
RoNW 11.54%
PAT Margin 3.64%
Price to Book Value 0.42
Market Cap. 66.53 Cr.
Kasturi Metal Composite Company Financials
In Crs.
In Cr.
30-Sep-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 44.43 35.57 33.45 21.71
Revenue 32.29 57.22 50.20 37.37
Profit After Tax 2.47 2.07 2.35 1.49
Net Worth 20.19 17.76 12.29 7.03
Reserves & Surplus 12.55 10.12 11.28 6.24
Total Borrowing 14.28 13.15 11.83 9.78
About Kasturi Metal Composite Company

Kasturi Metal Composite Limited is a company incorporated in 2005 that deals in the manufacture supply and export of steel fiber products.The company is engaged in the production of Steel Wool Fiber for brake pads and clutches, trading of Durocrete PP Fibers, and provision of concrete flooring solutions under the brand Durafloor Concrete Solution LLP.

The company is dealing in Duraflex and Durabond products intended for various sectors, including the construction, mining, and auto sectors, providing solutions to the construction of roads, bridges, and tunnels, among others.The organization has three units in MIDC Amravati, named Unit 1, specializing in the drawing of fine wires and Units 2-3, dealing with the manufacture of steel fibers and mild steel wires.

Products Portfolio:
The use of high strength steel fibers for tunneling, mines, and rock stabilization provides improved ductility and strength:
Duraflex Steel Fibers
Industrial Flooring Fibers: Add strength to concrete in warehouses, factories, roads, and precast walls to resist cracks.
The following are examples of man-made steel wool fibers:Durabond Steel Wool Fiber: High-thermal-stability fibers used for reinforcement and come in different grades Currently.

As of October 31, 2025, the company has 98 permanent full-time employees.

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Kasturi Metal Composite - Promoter(s)

Samit Surendra Singhai, Akash Surendra Singhai, Surendra Fatechand Singhai and Lata Surendra Singhai

Pre Issue Share Holding : 92.35%

Post Issue Share Holding : 67.90%

Kasturi Metal Composite IPO - Issue Objectives
1

Funding the capital expenditure towards, mechanical and electrical works, interior work and procurement of plant and machinery for setting up a new manufacturing facility at Amravati, Maharashtra (Proposed Unit IV)

2

General Corporate Purpose

Contact Details

Kasturi Metal Composite

A30/3/1, MIDC, H. V. Nagar, Amravati, Amravati, Maharashtra, 444605

+91 721 2520293

info@steelfiberindia.in

http://www.steelfiberindia.in/

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html