The Kasturi Metal Composite IPO opened on 27 January 2025. It will close on 29 January 2025. The Total IPO Size is 18 Crores.
Kasturi Metal Composite has set its IPO price at 61-64 Rs per share. They divided IPO into three general categories: 1) QIB, 2) Retail 3) NII.
Kasturi Metal Composite is engaged in the manufacturing supply and export of steel fiber products for industrial applications.
The product portfolio includes Loose Hook-End Steel Fiber, Glued Hook-End Steel Fiber and Flat Crimped Steel Fiber, available in various sizes and configurations for fiber-reinforced concrete applications.
They manufacture Steel Wool Fiber, which is widely utilized in the production of friction linings for brake pads and clutches.
Furthermore, They trade Macro Synthetic PP Fibers under our “Durocrete” brand and operate a subsidiary, Durafloor Concrete Solution LLP, which specializes in providing tailored concrete flooring solutions.
Check:- Upcoming SME IPO 2025
Kasturi Metal Composite IPO Promoter Holding
Samit Surendra Singhai, Akash Surendra Singhai, Surendra Fatechand Singhai and Lata Surendra Singhai are the Promoters of the company.
Kasturi Metal Composite IPO Date, Details & Price Band
| IPO Opening Dates | 27-January-2025 |
| IPO Closing Dates | 29-January-2025 |
| Price Band | 61-64 Rs |
| Fresh Issue | 18 crore |
| Offer for sale | Nil |
| Total IPO size | 18 crore |
| Face Value | 10 INR Per Share |
| Listing On | BSE SME |
| Market Cap | 66.53 Cr |
Kasturi Metal Composite IPO Market Lot
The Kasturi Metal Composite IPO minimum market lot is 4,000 shares with a 2,88,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 2 | 4,000 | 2,56,000 Rs |
| Retail Maximum | 2 | 4,000 | 2,56,000 Rs |
| HNI (Min) | 3 | 6,000 | 3,84,000 Rs |
Kasturi Metal Composite IPO: Object of the Issue
1.) 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”)
2.) General corporate purposes
Restated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 30-Sep-25 | 44.43 | 32.29 | 2.47 |
| 31-Mar-25 | 35.57 | 57.22 | 2.07 |
| 31-Mar-24 | 33.45 | 50.20 | 2.35 |
Kasturi Metal Composite IPO GMP Grey Market Premium
Kasturi Metal Composite’s IPO GMP (Grey Market Premium) has started today. Check the Latest Kasturi Metal Composite IPO GMP Grey Market Premium, Kostak Rates, and Subject to Sauda Price here.
Kasturi Metal Composite IPO Prospectus
| DRHP | Download |
| RHP | Download |
Kasturi Metal Composite IPO Form Download
Kasturi Metal Composite IPO is available on the BSE Website as well as on our Portal. Please click here, Kasturi Metal Composite IPO Form Download.
Kasturi Metal Composite IPO Allotment Date & Details
| Allotment Date | 30-Jan-2025 |
| Initiation of refunds | 02-Feb-2025 |
| Transfer of shares to Demat accounts | 02-Feb-2025 |
| Listing Date | 03-Feb-2025 |
| Check Allotment Status | Click here |
Registrar of Kasturi Metal Composite IPO
BIGSHARE SERVICES PRIVATE LIMITED
Address: S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to
Ahura Centre, Andheri East, Mumbai – 400 093, Maharashtra, India
Tel No.: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
Contact Person: Mr. Asif Sayyed
Investor Grievance Email: [email protected]
SEBI Registration Number: INR000001385
Kasturi Metal Composite Contact Details
Kasturi Metal Composite Ltd.
A30/3/1,
MIDC,
H. V. Nagar, Amravati,
Amravati, Maharashtra, 444605
Tel. No.:+0721-2520293
Email : [email protected]
Kasturi Metal Composite IPO Lead Managers
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg, Elphinstone Road,
Lower Parel, Mumbai-400013, Maharashtra, India
Tel. No.: +91- 22- 49060000;
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.hemsecurities.com
Contact Person: Ravi Kumar Gupta
SEBI Regn. No. INM000010981
