Kasturi Metal Composite IPO
Kasturi Metal Composite IPO is a book built issue of ₹19,70,000 crores. The subscription opens on 27 Jan '26 and closes on 29 Jan '26, with the basis of allotment expected to be finalised on 30 Jan '26. The shares are scheduled to list on BSE with a tentative listing date fixed for 03 Feb '26. The price band is set at ₹61 to ₹64 per share with a minimum lot size of 2,000 shares.
Free Demat with Zero AMC*
Kasturi Metal Composite IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 9,85,000 crores |
| Non-Institutional Investors (NIIs) | 15% | 2,95,500 crores |
| Retail Individual Investors (RIIs) | 35% | 6,89,500 crores |
About Kasturi Metal Composite Ltd IPO
Incorporated in 2005, Kasturi Metal Composite Limited is engaged in the manufacturing supply and export of steel fiber products for industrial applications.
The company manufactures Steel Wool Fiber for brake pads and clutches, trades Durocrete PP Fibers, and offers concrete flooring solutions through Durafloor Concrete Solution LLP.
The company markets Duraflex and Durabond products for industries like construction, mining, and automotive, offering solutions for tunnels, roads, bridges, and more, ensuring structural integrity and quality.
The company operates three units in MIDC Amravati: Unit 1 for fine wire drawing, Units 2-3 for steel fibers and mild steel wire production, ensuring efficient operations and quality products.
- Duraflex Steel Fibers: High-strength fibers for tunnels, mines, and rock stabilization, enhancing ductility and load capacity.
- Industrial Flooring Fibers: Strengthen concrete in warehouses, factories, roads, and precast walls, improving crack resistance.
- Durabond Steel Wool Fiber: High thermal stability fibers, reinforcing structures, available in various grades for diverse applications.
As on October 31, 2025, the company has employed 98 permanent full-time employees.
Kasturi Metal Composite IPO Strengths & Weaknesses
Strong Manufacturing Capabilities
Strong portfolio and diverse range of Steel Fiber products
Stringent quality control mechanism ensuring standardized product quality
Established relationships with customers across various geographical locations
Experienced Promoter and Strong Management Team Our company is led by individual promoters Samit Surend
Kasturi Metal Composite IPO Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹0 per share |
| Total Issue Size | 19,70,000 shares (aggregating up to ₹2,56,000 crores) |
| Fresh Issue | NaN shares (aggregating up to To be announced) |
| Offer for Sale | NaN shares of ₹0 (aggregating up to To be announced) |
| Issue Type | |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | shares |
| Post-Issue Shareholding | 0 shares |
Kasturi Metal Composite IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
The lot size of Kasturi Metal Composite ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Kasturi Metal Composite IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Kasturi Metal Composite Lead Manager(s)
| Book Running Lead Manager(s) |
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