Kasturi Metal IPO Date, Review, Price, Allotment Details
Kasturi Metal Composite’s IPO is scheduled to open on January 27, 2026, and will close on January 29, 2026. This is a book-building issue through which the company aims to raise approximately ₹17.61 crores, comprising a fresh issue of ₹17.61 crores and an offer for sale of up to [.] equity shares with a face value of ₹10 each.
The IPO price band has been set between ₹61 and ₹64 per share. The allocation includes 35% for retail investors, 50% for qualified institutional buyers (QIBs), and 15% for high-net-worth individuals (HNIs). The allotment is expected on January 30, 2026, and the shares are scheduled to list on the BSE SME platform on February 3, 2026.
Financially, the company reported revenue of ₹57.22 crores in 2025, up from ₹50.20 crores in 2024. Its profit declined slightly to ₹2.07 crores in 2025 from ₹2.35 crores in 2024. Based on these financials, investors are advised to consider this IPO as a long-term investment opportunity.
Kasturi Metal IPO Details
Kasturi Metal Composite IPO Market Lot
The minimum market lot for the Kasturi Metal Composite IPO is 4,000 shares, requiring an application amount of ₹2,56,000.
IPO Reservation
Kasturi Metal Composite IPO Anchor Investors
Kasturi Metal Composite IPO Dates
The Kasturi Metal Composite IPO opens on January 27 and closes on January 29. The allotment of shares will be finalized on January 30, and the IPO is scheduled to list on February 3.
Promoters and Holding Pattern
The promoters of the company are Samit Surendra Singhai, Akash Surendra Singhai, Surendra Fatechand Singhai, and Lata Surendra Singhai.
Objects of the Issue & Utilisation of Proceeds
About Kasturi Metal Composite IPO
Kasturi Metal Composite, established in 2005, specializes in the manufacturing and export of steel fiber products. Its offerings include Loose Hook-End Steel Fiber, Glued Hook-End Steel Fiber, and Flat Crimped Steel Fiber in various sizes for fiber-reinforced concrete applications. Additionally, the company produces Steel Wool Fiber for brake pads and clutches and trades Macro Synthetic PP Fibers under the Durocrete brand.
The company markets its products primarily under the Duraflex and Durabond brands, serving industries such as construction, engineering, warehousing, logistics, mining, infrastructure, and automotive. Its manufacturing facilities are equipped with advanced machinery, including wire drawing machines, wet and dry wire systems, and specialized equipment for producing high-quality steel fiber products.
Kasturi Metal Composite IPO Company Financial Report
Amount ₹ in Crores
Kasturi Metal Composite IPO Valuation – FY2025
Check Kasturi Metal Composite IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Company Address
Kasturi Metal Composite Ltd.
A30/3/1,
MIDC,
H. V. Nagar, Amravati,
Amravati, Maharashtra, 444605
Phone: +0721-2520293
Email: info@steelfiberindia.in
Website: http://www.steelfiberindia.in/
IPO Registrar
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html