Kasturi Metal Composite IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jan 27 to Jan 29 2026
Price Band
₹61 - 64
Current GMP
₹64.0(0.00%)
Subscription
17.75 times
IPO Details
| IPO Date | 27 to 29 Jan, 2026 |
| Listed on | Tue, Feb 3, 2026 |
| Face Value | ₹ 10 per share |
| Price Band | ₹61 to ₹64 |
| Issue Price | ₹64 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 27,52,000 shares (agg. up to ₹ 18 Cr) |
| Reserved for Market Maker | 1,38,000 shares (agg. up to ₹ 0.8832 Cr) Hem Finlease Pvt.Ltd. |
| Net Offered to Public | 26,14,000 shares (agg. up to ₹ 17 Cr) |
| Share Holding Pre Issue | 76,43,212 shares |
| Share Holding Post Issue | 1,03,95,212 shares |
| BSE Script Code | 544688 |
| ISIN | INE0T1301023 |
IPO Date
27 to 29 Jan, 2026
Listed on
Tue, Feb 3, 2026
Face Value
₹ 10 per share
Price Band
₹61 to ₹64
Issue Price
₹64 per share
Lot Size
2,000 Shares
Sale Type
Fresh Capital
Issue Type
Bookbuilding IPO
Listing At
BSE SME
Total Issue Size
27,52,000 shares (agg. up to ₹ 18 Cr)
Reserved for Market Maker
1,38,000 shares (agg. up to ₹ 0.8832 Cr) Hem Finlease Pvt.Ltd.
Net Offered to Public
26,14,000 shares (agg. up to ₹ 17 Cr)
Share Holding Pre Issue
76,43,212 shares
Share Holding Post Issue
1,03,95,212 shares
BSE Script Code
544688
ISIN
INE0T1301023
IPO Subscription Details
| Anchor | 1 |
| Market Maker | 1 |
| QIB (Ex Anchor) | 4.00 |
| NII*** | 38.88 |
| bNII (> ₹10L) | 46.95 |
| sNII (< ₹10L) | 22.88 |
| Individual Investors | 16.49 |
| Total ** | 17.75 |
Anchor
1
Market Maker
1
QIB (Ex Anchor)
4.00
NII***
38.88
bNII (> ₹10L)
46.95
sNII (< ₹10L)
22.88
Individual Investors
16.49
Total **
17.75
Day Wise Sub
| Day | QIB (Ex Anchor) | NII* | NII (> ₹10L) | NII (< ₹10L) | Individual Investors | Total |
|---|---|---|---|---|---|---|
| Jan 2 7 (Day 1) | 3.00 | 0.37 | 0.53 | 0.05 | 0.24 | 1.05 |
| Jan 2 8 (Day 2) | 4.00 | 0.49 | 0.37 | 0.73 | 1.10 | 1.80 |
| Jan 2 9 (Day 3) | 4.00 | 38.88 | 46.95 | 22.88 | 16.49 | 17.75 |
DayJan 2
7 (Day 1)
QIB (Ex Anchor)3.00
NII*0.37
NII (> ₹10L)0.53
NII (< ₹10L)0.05
Individual Investors0.24
Total1.05
DayJan 2
8 (Day 2)
QIB (Ex Anchor)4.00
NII*0.49
NII (> ₹10L)0.37
NII (< ₹10L)0.73
Individual Investors1.10
Total1.80
DayJan 2
9 (Day 3)
QIB (Ex Anchor)4.00
NII*38.88
NII (> ₹10L)46.95
NII (< ₹10L)22.88
Individual Investors16.49
Total17.75
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 03-02-2026 | 64.00 | 0(0.00%) | 64 |
| 02-02-2026 | 64.00 | 0(0.00%) | 64 |
| 01-02-2026 | 64.00 | 2(3.12%) | 66 |
| 31-01-2026 | 64.00 | 2(3.12%) | 66 |
| 30-01-2026 | 64.00 | 2(3.12%) | 66 |
| 29-01-2026 | 64.00 | 0(0.00%) | 64 |
| 28-01-2026 | 64.00 | 0(0.00%) | 64 |
| 27-01-2026 | 64.00 | 0(0.00%) | 64 |
| 26-01-2026 | 64.00 | 0(0.00%) | 64 |
| 25-01-2026 | 64.00 | 0(0.00%) | 64 |
| 24-01-2026 | 64.00 | 0(0.00%) | 64 |
| 23-01-2026 | 64.00 | 0(0.00%) | 64 |
| 22-01-2026 | 64.00 | 0(0.00%) | 64 |
| 21-01-2026 | 64.00 | 0(0.00%) | 64 |
| 20-01-2026 | 64.00 | 0(0.00%) | 64 |
Date03-02-2026
Price64.00
GMP0(0.00%)
Estimate List Price64
Date02-02-2026
Price64.00
GMP0(0.00%)
Estimate List Price64
Date01-02-2026
Price64.00
GMP2(3.12%)
Estimate List Price66
Date31-01-2026
Price64.00
GMP2(3.12%)
Estimate List Price66
Date30-01-2026
Price64.00
GMP2(3.12%)
Estimate List Price66
Date29-01-2026
Price64.00
GMP0(0.00%)
Estimate List Price64
Date28-01-2026
Price64.00
GMP0(0.00%)
Estimate List Price64
Date27-01-2026
Price64.00
GMP0(0.00%)
Estimate List Price64
Date26-01-2026
Price64.00
GMP0(0.00%)
Estimate List Price64
Date25-01-2026
Price64.00
GMP0(0.00%)
Estimate List Price64
Date24-01-2026
Price64.00
GMP0(0.00%)
Estimate List Price64
Date23-01-2026
Price64.00
GMP0(0.00%)
Estimate List Price64
Date22-01-2026
Price64.00
GMP0(0.00%)
Estimate List Price64
Date21-01-2026
Price64.00
GMP0(0.00%)
Estimate List Price64
Date20-01-2026
Price64.00
GMP0(0.00%)
Estimate List Price64
IPO Important Dates
| IPO Open | Tue, Jan 27, 2026 |
| IPO Close | Thu, Jan 29, 2026 |
| Allotment | Fri, Jan 30, 2026 |
| Refund | Mon, Feb 2, 2026 |
| Credit of Shares | Mon, Feb 2, 2026 |
| Listing | Tue, Feb 3, 2026 |
IPO Open
Tue, Jan 27, 2026
IPO Close
Thu, Jan 29, 2026
Allotment
Fri, Jan 30, 2026
Refund
Mon, Feb 2, 2026
Credit of Shares
Mon, Feb 2, 2026
Listing
Tue, Feb 3, 2026
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4,000 | ₹2,56,000 |
| Individual investors (Retail) (Max) | 2 | 4,000 | ₹2,56,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,84,000 |
| S-HNI (Max) | 7 | 14,000 | ₹8,96,000 |
| B-HNI (Min) | 8 | 16,000 | ₹10,24,000 |
ApplicationIndividual investors (Retail) (Min)
Lots2
Shares4,000
Amount₹2,56,000
ApplicationIndividual investors (Retail) (Max)
Lots2
Shares4,000
Amount₹2,56,000
ApplicationS-HNI (Min)
Lots3
Shares6,000
Amount₹3,84,000
ApplicationS-HNI (Max)
Lots7
Shares14,000
Amount₹8,96,000
ApplicationB-HNI (Min)
Lots8
Shares16,000
Amount₹10,24,000
Key Performance Indicator
| ROE | 13.01% |
| ROCE | 12.35% |
| Debt/Equity | 0.71 |
| RoNW | 12.03% |
| PAT Margin | 7.71% |
| EBITDA Margin | 9.99% |
| Price to Book Value | 2.42 |
ROE
13.01%
ROCE
12.35%
Debt/Equity
0.71
RoNW
12.03%
PAT Margin
7.71%
EBITDA Margin
9.99%
Price to Book Value
2.42
IPO Reservation
| Market Maker Shares Offered | 1,38,000 (5.01%) |
| QIB Shares Offered | 13,04,000 (47.38%) |
| − Anchor Investor Shares Offered | 7,82,000 (28.42%) |
| − QIB (Ex. Anchor) Shares Offered | 5,22,000 (18.97%) |
| NII (HNI) Shares Offered | 3,94,000 (14.32%) |
| − bNII > ₹10L | 2,62,000 (9.52%) |
| − sNII < ₹10L | 1,32,000 (4.80%) |
| Retail Shares Offered | 9,16,000 (33.28%) |
| Total Shares Offered | 27,52,000 (100.00%) |
Market Maker Shares Offered
1,38,000 (5.01%)
QIB Shares Offered
13,04,000 (47.38%)
− Anchor Investor Shares Offered
7,82,000 (28.42%)
− QIB (Ex. Anchor) Shares Offered
5,22,000 (18.97%)
NII (HNI) Shares Offered
3,94,000 (14.32%)
− bNII > ₹10L
2,62,000 (9.52%)
− sNII < ₹10L
1,32,000 (4.80%)
Retail Shares Offered
9,16,000 (33.28%)
Total Shares Offered
27,52,000 (100.00%)
Information about company
Incorporated in 2005, Kasturi Metal Composite Limited is engaged in the manufacturing supply and export of steel fiber products for industrial applications.
The company manufactures Steel Wool Fiber for brake pads and clutches, trades Durocrete PP Fibers, and offers concrete flooring solutions through Durafloor Concrete Solution LLP.
The company markets Duraflex and Durabond products for industries like construction, mining, and automotive, offering solutions for tunnels, roads, bridges, and more, ensuring structural integrity and quality.
The company operates three units in MIDC Amravati: Unit 1 for fine wire drawing, Units 2-3 for steel fibers and mild steel wire production, ensuring efficient operations and quality products.
As on October 31, 2025, the company has employed 98 permanent full-time employees.
Competitive Strengths:
Objectives of IPO
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 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”) 13.29 2 General Corporate Purpose 1.89
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