Kasturi Metal Composite Limited
Bookbuilding IPO · BSE
- Price band
- ₹61 - ₹64
- Lot size
- 2,000 shares
- Issue amount
- ₹17.61 cr
- Total subscription
- 17.82×
- Opens
- 27 Jan 2026
- Closes
- 29 Jan 2026
- Allotment
- 30 Jan 2026
- Listing
- 3 Feb 2026
Offer at a glance
Issue overview
- Issue size
- 27,52,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,22,000
- Fresh issue
- ₹17.61 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,28,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 76,43,212
- Shares after issue
- 1,03,95,212
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 4,000 | ₹2,56,000 |
| sHNI | 3 | 6,000 | ₹3,84,000 |
| bHNI | 8 | 16,000 | ₹10,24,000 |
Share reservation
Subscription & GMP
Subscription by category
Reported 29 Jan 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 2 |
| NIB | 0 | 1,242 |
| RETAIL | 229 | 3,777 |
| HNIs(10L +) | 44 | 747 |
| HNIs (2-10L) | 22 | 495 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 3.34 | 13.35 |
| Others | 0 | 13.35 |
| RETAIL | 5.86 | 96.69 |
| HNIs 2+ | 0.84 | 19.33 |
| HNIs 10+ | 1.68 | 79.6 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 3.18 | 2.86 | 3.4 |
| ROE | 13.01 | 13.8 | 24.35 |
| ROCE | 12.35 | 13.76 | 18.43 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 23.59 | 0 |
| POST IPO(PE) | 13.47 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 2005, Kasturi Metal Composite Limited is engaged in the manufacturing, supply, and export of steel fiber products for industrial applications, primarily serving construction, mining, automotive, and infrastructure sectors. The company manufactures steel wool fiber used in brake pads and clutches, trades Durocrete PP fibers, and provides concrete flooring solutions through its associate entity, Durafloor Concrete Solution LLP. It markets its products under the Duraflex and Durabond brands, offering solutions for tunnels, roads, bridges, mining, industrial flooring, and structural reinforcement to enhance durability, ductility, and load-bearing capacity. Kasturi Metal Composite operates three manufacturing units at MIDC Amravati, with one unit dedicated to fine wire drawing and two units focused on steel fiber and mild steel wire production, ensuring efficient operations and consistent product quality, and as of October 31, 2025, the company employed 98 permanent full-time employees.
Strengths
- Integrated Manufacturing Capabilities: In-house wire drawing and steel fiber production ensure better control and efficiency.
- Diverse Steel Fiber Portfolio: Serves infrastructure, mining, and automotive sectors.
- Strong Quality Control: Robust processes ensure consistent and standardized product quality.
Risk factors
- Supplier Concentration Risk: Dependence on a few suppliers in limited regions may disrupt raw material supply.
- Customer Concentration Risk: A large share of revenue comes from a small number of customers.
- No Long-Term Supplier Contracts: Lack of fixed contracts increases exposure to price volatility and supply shortages.
Promoters
Samit Surendra Singhai
Akash Surendra Singhai
Surendra Fatechand Singhai
Lata Surendra Singhai
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
A30/3/1, MIDC, H. V. Nagar, Amravati, Amravati, Maharashtra, 444605
+0721-2520293
[email protected]Company website ↗Understanding KASTURI IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.