Kasturi Metal Composite IPO 2026 – Issue Details, Price Band, Lot Size, Subscription & Risks
Latest Grey Market Premium & IPO Details
Kasturi Metal Composite IPO 2026 – Key Info & Highlights
Kasturi Metal Composite IPO open from 27 Jan 2026 at ₹61–₹64. Check live subscription, GMP trends, lot size, quota details, DRHP highlights, and latest financials here!
📌 IPO Details
| Company Name | Kasturi Metal Composite IPO |
|---|---|
| Sector / Industry | Industrials / Metals & Metal Products |
| IPO Open Date | 27-01-2026 |
| IPO Close Date | 29-01-2026 |
| Allotment Date | 30-01-2026 |
| Refund Date | 02-02-2026 |
| Share Credit Date | 02-02-2026 |
| Listing Date | 03-02-2026 |
| Price Band | ₹61 - ₹64 |
| Lot Size | 2000 Shares |
| Min Investment | ₹2,56,000 ( 2 lot Price ) |
| Net Issue Size | ₹16.73 Cr |
| Fresh Issue | ₹16.73 Cr |
| IPO Listing At | BSE SME |
| DRHP | View DRHP |
| RHP | View RHP |
| Issue Type | Book Build Issue |
| Face Value | ₹10 Per Equity Share |
| Promoter Holding Pre IPO | 92.35 % |
| Promoter Holding Post IPO | 67.90% |
* All Dates are provisional
Quota Allocation
| Category | Allocation (%) |
|---|---|
| Retail Investors | 33.28% |
| QIB (Qualified Institutional Buyers) | 47.38% |
| HNI (High Net Worth Individuals) | 14.32% |
| Reserved for Market Maker | 5.01% |
📈 Grey Market Premium (GMP) Day-wise Trend
| GMP Date | GMP Price | Trend | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|---|
| 03-02-2026 | ₹0.00 | - | ₹0.00 | ₹0.00 | 03-02-2026 10:00 |
| 02-02-2026 | ₹0.00 | ▼ | ₹0.00 | ₹0.00 | 02-02-2026 23:05 |
| 01-02-2026 | ₹2.00 | - | ₹66.00 | ₹4000.00 | 01-02-2026 23:37 |
📝 About Kasturi Metal Composite
About Kasturi Metal Composite Limited
Kasturi Metal Composite Limited is a prominent manufacturer, supplier, and exporter of advanced steel fiber products catering to industrial, construction, and automotive sectors. Known for its trusted Duraflex and Durabond brands, the company provides solutions for major infrastructure projects including tunnels, highways, bridges, warehouses, and industrial flooring, emphasizing strength, durability, and long-term reliability.
Operating from three integrated manufacturing units in MIDC, Amravati, Kasturi Metal Composite specializes in fine wire drawing, steel fiber production, and mild steel wire manufacturing, ensuring consistent quality, operational efficiency, and timely delivery to clients across domestic and international markets.
Core Product Offerings:
-
Duraflex Steel Fibers – Designed for demanding applications like tunneling, mining, and rock stabilization, these fibers enhance structural strength, toughness, and load-bearing performance.
-
Industrial Concrete Reinforcement Fibers – Ideal for warehouses, industrial plants, roads, and precast structures, these fibers improve concrete durability, prevent cracks, and extend lifespan of flooring and structural surfaces.
-
Durabond Steel Wool Fibers – Engineered for thermal resistance and reinforcement, available in multiple grades to suit varied industrial, construction, and automotive applications.
Through its focus on innovation, quality, and sector-specific solutions, Kasturi Metal Composite Limited has positioned itself as a trusted partner for high-performance steel fiber solutions, driving growth and reliability across multiple industries
Kasturi Metal Composite Revised Financials
Profit / Loss & Total Assets (Last 3 Years)
| Financial Year | Revenue (₹ Cr) | Profit / Loss (₹ Cr) | Total Assets (₹ Cr) |
|---|---|---|---|
| FY 2022-23 | 37.37 | +1.49 | 21.71 |
| FY 2023-24 | 50.20 | +2.35 | 33.45 |
| FY 2024-25 | 57.22 | +2.07 | 35.57 |
| H1 FY 2025-26 (Sep 30, 2025) | 32.29 | +2.47 | 44.43 |
Note: Positive figures indicate profit, while negative figures indicate loss. Total Assets are reported in ₹ Cr.
Kasturi Metal Composite Limited – Purpose of IPO Funds
- 1. Expansion of Manufacturing Facility – Utilizing the IPO proceeds for mechanical, electrical, and interior work, along with the purchase of advanced plant and machinery, to establish a new state-of-the-art manufacturing unit at Amravati, Maharashtra (“Proposed Unit IV”*) (~₹13.29 Cr)
- 2. Strengthening Corporate Operations – Deployment of funds for general corporate purposes, including enhancing working capital, business operations, and strategic initiatives, as per SEBI guidelines.
* Proposed Unit IV refers to the company’s fourth manufacturing facility, which is planned to be set up using the IPO proceeds. This unit is not yet operational and will expand the company’s production capacity in steel fibres and related products.
Kasturi Metal Composite Limited – IPO Strengths
- Integrated Manufacturing Capabilities – Operates multiple well-equipped steel fibre production units, ensuring high-quality output, efficiency, and scalable operations.
- Diversified Product Range – Offers steel fibres, steel wool fibres, and synthetic fibre products catering to construction, infrastructure, automotive, and industrial applications.
- Robust Quality Assurance – Implements stringent quality control measures and standardised manufacturing protocols to maintain product reliability and performance.
- Strong Client Network – Maintains long-term relationships with a diversified customer base across multiple sectors, ensuring steady revenue streams and market visibility.
- Experienced Promoters & Leadership – Led by industry veterans with proven expertise, guiding strategic growth and operational excellence.
Kasturi Metal Composite Limited – Key IPO Risks & Challenges
- Raw Material Price & Supply Risk – Dependency on limited suppliers and spot-market purchases could lead to cost volatility and operational disruptions.
- Customer Concentration Risk – Revenue relies significantly on a few major clients; losing any key customer could materially impact cash flows and profitability.
- Expansion & Project Execution Risk – Delays or cost overruns in setting up the new Amravati manufacturing unit (“Proposed Unit IV”) could affect production plans and growth objectives.
- Operational Disruption Risk – Plant shutdowns, power failures, or labour issues could negatively affect manufacturing, revenue, and overall financial performance.
- Regulatory & Economic Risk – Changes in regulations, steel prices, taxes, or macroeconomic conditions could adversely impact demand, costs, and financial results.
Kasturi Metal Composite Limited
Engineered Steel Fibres & Industrial Metal Products Manufacturer
| Founded in: | 2005 |
|---|---|
| MD/CEO: | Samit Singhai |
| Address: | A-30/3, behind Anand marble, Amravati MIDC, Amravati, Maharashtra 444607 |
| Website: | www.steelfiberindia.in |
| Phone: | +91 98208 90711 |
| Email: | info@steelfiberindia.in |
| Services: | Manufacturing of Engineered Steel Fibres, Steel Wool Fibres, Industrial Flooring Solutions, Supply to Construction, Infrastructure, Automotive, and Industrial sectors. |
IPO Quick Info
27 Jan 2026
29 Jan 2026
Upcoming
Lead Manager(s)
- Hem Securities Ltd.
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Frequently Asked Questions
This IPO lets investors participate in a high-growth steel fiber company serving construction, industrial, and automotive sectors with innovative products.