Krupalu Metals IPO Details
The key details of Krupalu Metals’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹13.48 Cr |
| Price Range | ₹72 |
| Retail Quota | 50% |
| QIB Quota | -- |
| NII Quota | 50% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 3,200 |
| Investment (cut-off price) | ₹2,30,400 |
| Pre IPO Promotor Holding | 100.00% |
| Post IPO Promotor Holding | 68.12% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Krupalu Metals IPO Timelines
The IPO process for Krupalu Metals includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
08/09/2025
Start Date11/09/2025
End Date15/09/2025
Refund Initiation15/09/2025
Credit of Shares to Demat Ac16/09/2025
Listing DateKrupalu Metals IPO Lot Size
The Krupalu Metals IPO has a fixed lot size of 1,600 shares, at a fixed price band of ₹72 per share. For retail investors, the minimum and maximum application is 3,200 shares (2 lots) amounting to ₹2,30,400. For HNI investors, the minimum application is 4,800 shares (3 lots) worth ₹3,45,600.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3200 | ₹2,30,400 |
| Retail Maximum | 2 | 3200 | ₹2,30,400 |
| HNI Minimum | 3 | 4800 | ₹3,45,600 |
Krupalu Metals IPO Subscription Status
The subscription status for Krupalu Metals IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| -- | 6.45x | 1.85x | -- | 2.96x |
IPO Performance on Listing Day
On the listing day (September 16, 2025), Krupalu Metals made a disappointing debut on the stock exchange. The stock opened at ₹57.60, representing a significant discount of 20% to its issue price of ₹72. The metals company showed some recovery during the trading session, reaching a day high of ₹60.48, while touching a low of ₹54.72 amid volatile trading. The shares concluded their first trading day at ₹60.48, which also marked the day’s high, but still resulted in a decline of 16% from the issue price, indicating negative investor sentiment toward the metals sector despite the intraday recovery for this metallurgical solutions provider.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹57.60 | ₹60.48 | ₹60.48 | ₹54.72 |
Krupalu Metals IPO Company Financials
Krupalu Metals reports robust performance in FY2025 with Total Income of ₹48.50 crores, managing expenses at ₹44.68 crores, and achieving a strong PAT (Profit After Tax) of ₹2.15 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹33.58 | ₹32.50 | ₹0.42 |
| FY 2024 | ₹37.12 | ₹34.54 | ₹1.55 |
| FY 2025 | ₹48.50 | ₹44.68 | ₹2.15 |
About Company
Incorporated in 2012, Krupalu Metals Limited is engaged in the manufacturing of a wide range of brass and copper products, catering to diverse industrial applications. The company specializes in producing brass and copper sheets, strips, rods, and customized components such as inserts, pipe fittings, terminals, bus bars, washers, and stamping parts. Additionally, it offers job work services, focusing on precision and quality in both standard and tailor-made products.
Krupalu Metals operates a manufacturing facility located at Plot No. 4345, GIDC Phase-III, Dared Udhyognagar, Jamnagar, Gujarat, which is equipped for high-quality production of brass and copper items. Its offerings include sheet metal parts, press components, and terminals, serving a variety of industrial sectors. As of July 31, 2025, the company employs 13 permanent staff members and engages around 40 additional workers on an as-needed basis.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2012 | Metal - Non Ferrous | Jagdish Katariya |
Know Before Investing
Krupalu Metals IPO Strengths
- Krupalu Metals has well-developed production facilities for brass and copper sheets, strips, and various customized metal components ensuring consistent quality.
- The manufacturing facility is located in Jamnagar, Gujarat, which is a significant hub for the brass and copper industry, facilitating ease of raw material sourcing and distribution.
- The company operates on a renewable 99-year lease in GIDC, providing stability and continuity for its manufacturing operations.
- Implements stringent quality control measures using premium raw materials sourced from reputed vendors, leading to durable, performance-oriented products.
- Maintains cordial relationships with its established clientele and focuses on customized solutions, enhancing customer loyalty and repeat business.
- Plans to invest significantly in new plant and machinery to enhance capacity and expand its product range, positioning for future growth.
Krupalu Metals IPO Risks
- The company’s business demands significant working capital, largely tied up in trade receivables and inventories, which may strain liquidity and impact cash flow management.
- A substantial portion of revenue is dependent on a limited number of customers; losing any major client could materially affect business operations and profitability.
- Operations are concentrated primarily in Gujarat, which could expose the company to regional risks such as local regulatory changes, disruptions, or economic downturns.
- Fluctuations in the prices of raw materials like brass and copper can impact production costs and thereby compress profit margins.
- Planned capital expenditure for additional plant and machinery involves execution risks, including potential delays and cost overruns.
- The company competes in a highly fragmented metals manufacturing industry, which can impact pricing power and market share.
- Changes in environmental, labor, taxation, or industrial regulations could increase compliance costs and operational complexities.
Swot Analysis for Krupalu Metals IPO
Strengths
Diverse Product Portfolio, Quality and Reliability, Strong Financial Performance
Weaknesses
Concentration in Brass/Copper, Fragmented Market, Limited Brand Visibility
Opportunities
Expanding Industry Demand, Value-Added Offerings, Digital and E-commerce Channels
Threats
Raw Material Volatility, Regulatory & Compliance Risks, Competition from Unorganized Sector
Company Details
Krupalu Metals Ltd.
Plot No 4345, GIDC Phase-III, Dared Udhyognagar, Jamnagar, Gujarat, India, 361009
Phone: 91 7862060996
Email: compliance@krupalumetals.com
Website: http://www.krupalumetals.com/
IPO Registar Details
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
FAQs
The key objectives of Krupalu Metals SME IPO are:
- Funding Capital Expenditure towards purchase of additional plant and machinery
- Working Capital Requirements
- Issue Related Expenses
- General Corporate Expenses
Finshore Management Services Ltd. is the book-running lead managers for the Krupalu Metals IPO.
Krupalu Metals IPO shows steady growth potential with revenue of ₹48.50 crore and PAT of ₹2.15 crore in FY25. Its focus on specialized brass and copper products catering to electrical, automotive, and manufacturing industries ensures strong demand prospects despite challenges from price volatility and competition.
The issue price for the Krupalu Metals IPO is set to ₹72 per share.
To invest in two lot of Krupalu Metals IPO, you need ₹2,30,400 at the fixed price band (₹72 per share) for a lot size of 3200 shares.
Krupalu Metals IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on September 16, 2025.
Refund/unblocking of funds for Krupalu Metals IPO will begin on September 15, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Krupalu Metals IPO shares on listing day (September 16, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.