Kasturi Metal Composite IPO Details
The key details of Kasturi Metal Composite’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹17.61 Cr |
| Price Range | ₹61 - ₹64 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 4,000 |
| Investment (cut-off price) | ₹2,56,000 |
| Pre IPO Promotor Holding | 92.35% |
| Post IPO Promotor Holding | 67.90% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Kasturi Metal Composite IPO Timelines
The IPO process for Kasturi Metal Composite 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.
27/01/2026
Start Date29/01/2026
End Date02/02/2026
Refund Initiation02/02/2026
Credit of Shares to Demat Ac03/02/2026
Listing DateKasturi Metal Composite IPO Lot Size
The Kasturi Metal Composite IPO has a fixed lot size of 2,000 shares, at an upper price band of ₹64 per share. For retail investors, the minimum and maximum application is 4,000 shares (2 lots) amounting to ₹2,56,000. For Small HNI (S-HNI) investors, the minimum application is 6,000 shares (3 lots) worth ₹3,84,000, while the maximum is 14,000 shares (7 lots) amounting to ₹8,96,000. Big HNI (B-HNI) investors need to apply for at least 16,000 shares (8 lots), totaling ₹10,24,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 4000 | ₹2,56,000 |
| Retail Maximum | 2 | 4000 | ₹2,56,000 |
| S-HNI Minimum | 3 | 6000 | ₹3,84,000 |
| S-HNI Maximum | 7 | 14000 | ₹8,96,000 |
| B-HNI Minimum | 8 | 16000 | ₹10,24,000 |
Kasturi Metal Composite IPO Subscription Status
The subscription status for Kasturi Metal Composite 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 |
|---|---|---|---|---|
| 4.00x | 38.88x | 16.49x | -- | 17.75x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Kasturi Metal Composite IPO Company Financials
Kasturi Metal Composite reports robust performance in FY2025 with Total Income of ₹57.22 crores, managing expenses at ₹54.18 crores, and achieving a strong PAT (Profit After Tax) of ₹2.07 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹37.37 | ₹35.38 | ₹1.49 |
| FY 2024 | ₹50.20 | ₹46.84 | ₹2.35 |
| FY 2025 | ₹57.22 | ₹54.18 | ₹2.07 |
| FY 2026 (6 M) | ₹32.29 | ₹28.56 | ₹2.47 |
About Company
Incorporated in 2005, Kasturi Metal Composite Limited is engaged in manufacturing, supply, and export of steel fiber products for industrial applications. Operations include production of steel wool fiber for brake pads and clutches, trading of Durocrete PP Fibers, and delivery of concrete flooring solutions through Durafloor Concrete Solution LLP. The business markets Duraflex and Durabond brands serving construction, mining, automotive, and infrastructure sectors such as tunnels, roads, and bridges with a focus on strength, durability, and quality.
Manufacturing activities are carried out through three units located at MIDC Amravati, with Unit 1 dedicated to fine wire drawing and Units 2 and 3 focused on steel fibers and mild steel wire production. The product portfolio includes Duraflex steel fibers for tunneling, mining, and rock stabilization, industrial flooring fibers for warehouses, factories, roads, and precast structures, and Durabond steel wool fibers offering high thermal stability in multiple grades. As of October 31, 2025, the organization employed 98 permanent full time employees supporting efficient operations and consistent product standards.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2005 | Steel | Samit Singhai |
Know Before Investing
Kasturi Metal Composite IPO Strengths
- Kasturi Metal Composites produces aluminium composite panels (ACP), HPL laminates, and PVC wall panels used in building facades, interiors, signage, and modular furniture applications.
- State‑of‑the‑art plant with automated extrusion, coating, and lamination lines ensures consistent quality and scalability for B2B and retail distribution.
- Offers fire‑retardant ACP, antibacterial HPL, and lightweight PVC panels catering to commercial, residential, and industrial segments for risk mitigation.
- Products meet BIS standards for flame retardancy and non‑toxicity, supporting compliance in high‑rise buildings and public infrastructure projects.
- Plans to strengthen dealer channels and e‑commerce presence for pan‑India penetration beyond current regional focus.
- Real estate recovery, infrastructure spending, and modular construction trends drive sustained demand for facade and interior panels.
Kasturi Metal Composite IPO Risks
- Aluminium, PVC resin, and polymer coatings subject to LME/global petrochemical swings compress margins without pass‑through.
- Recent high‑rise fire incidents heightened norms for non‑combustible facades; any product failure damages reputation.
- Inventory‑heavy model demands upfront raw material funding amid 60–90 day receivables from dealers/contractors.
- B2B depends on builders and EPC firms exposes to project delays and cyclical realty slowdowns.
- Numerous regional ACP/HPL manufacturers compete aggressively on price in fragmented market.
- New extrusion line success requires timely commissioning, skilled operators, and demand absorption.
Swot Analysis for Kasturi Metal Composite IPO
Strengths
Steel Fiber Specialisation, Integrated Amravati Units, Export Orientation
Weaknesses
Supplier Concentration, Geographic Manufacturing Risk, Commodity Exposure
Opportunities
Infra Capex Acceleration, Pre-Engineered Buildings Boom, Tunnel & Shotcrete Growth
Threats
Raw Material Volatility, Intense Domestic Competition, Tender Price Pressure
Company Details
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 Registar Details
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
FAQs
The key objectives of Kasturi Metal Composite SME IPO are:
- 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”)
- General Corporate Purpose
Hem Securities Ltd. is the book-running lead managers for the Kasturi Metal Composite IPO.
Kasturi Metal Composite’s growth potential is supported by India’s infrastructure and housing-led steel demand, cost efficiency from backward integration, and strategic Amravati location. Capacity expansion through ₹13.29 crore capex and diversification into steel products and macro synthetic PP fiber can drive volumes and market reach.
The issue price for the Kasturi Metal Composite IPO is set between ₹61 to ₹64 per share.
To invest in two lot of Kasturi Metal Composite IPO, you need ₹2,44,000 at the lower price band (₹61 per share) or ₹2,56,000 at the upper price band (₹64 per share) for a lot size of 4,000 shares.
Kasturi Metal Composite IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on February 3, 2025.
Refund/unblocking of funds for Kasturi Metal Composite IPO will begin on February 2, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Kasturi Metal Composite IPO shares on listing day (February 3, 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.