Incorporated in 2005, Kasturi Metal Composite Limited is engaged in the manufacturing, supply, and export of steel fiber products for industrial applications.
Kasturi Metal Composite IPO 2026 – Dates, Price Band, Lot Size, Review & Full Details
Book Building IPO | BSE SME
IPO Snapshot
27 January 2026
29 January 2026
30 January 2026
3 February 2026 (Tentative)
₹61 – ₹64 per share
2,000 shares
₹17.61 Crore
Bookbuilding IPO
Kasturi Metal Composite IPO Key Details
| Particular | Details |
|---|---|
| IPO Dates | 27 to 29 January 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹61 to ₹64 per share |
| Total Issue Size | 27,52,000 shares (₹17.61 Cr) |
| Market Cap (Pre-IPO) | ₹66.53 Cr |
| Listing At | BSE SME |
| Issue Type | Book Building IPO |
| Sale Type | Fresh Capital |
| Registrar | Bigshare Services Pvt. Ltd. |
| Lead Manager | Hem Securities Ltd. |
IPO Timeline (Tentative)
| Event | Date |
|---|---|
| IPO Opens | Tuesday, 27 January 2026 |
| IPO Closes | Thursday, 29 January 2026 |
| Allotment | Friday, 30 January 2026 |
| Refunds | Monday, 2 February 2026 |
| Shares Credited | Monday, 2 February 2026 |
| Listing | Tuesday, 3 February 2026 |
IPO Lot Size & Investment Details
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min & Max) | 2 | 4,000 | 2,56,000 |
| S-HNI (Minimum) | 3 | 6,000 | 3,84,000 |
| S-HNI (Maximum) | 7 | 14,000 | 8,96,000 |
| B-HNI (Minimum) | 8 | 16,000 | 10,24,000 |
IPO Reservation Details
| Investor Category | Shares Offered |
|---|---|
| QIB | 13,04,000 (47.38%) |
| Anchor Investors | 7,82,000 (28.42%) |
| QIB (Ex-Anchor) | 5,22,000 (18.97%) |
| NII (HNI) | 3,94,000 (14.32%) |
| Retail | 9,16,000 (33.28%) |
| Market Maker | 1,38,000 (5.01%) |
| Total | 27,52,000 (100%) |
About Kasturi Metal Composite Ltd.
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 provides concrete flooring solutions through Durafloor Concrete Solution LLP.
Product Portfolio
- Duraflex Steel Fibers
- Industrial Flooring Fibers
- Durabond Steel Wool Fiber
Competitive Strengths
- Strong manufacturing capabilities
- Diverse steel fiber product portfolio
- Stringent quality control mechanisms
- Established customer relationships
- Experienced promoters and management team
Financial Performance (₹ Crore)
| Particular | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Total Income | 32.29 | 57.22 | 50.20 | 37.37 |
| Profit After Tax | 2.47 | 2.07 | 2.35 | 1.49 |
| EBITDA | 4.80 | 5.69 | 5.40 | 3.97 |
| Net Worth | 20.19 | 17.76 | 12.29 | 7.03 |
| Total Assets | 44.43 | 35.57 | 33.45 | 21.71 |
| Total Borrowing | 14.28 | 13.15 | 11.83 | 9.78 |
Objects of the Issue
| Purpose | Amount (₹ Cr) |
|---|---|
| Setting up new manufacturing facility at Amravati (Unit IV) | 13.29 |
| General corporate purposes | — |
Key Performance Indicators
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 13.01% | 13.80% |
| ROCE | 12.35% | 13.76% |
| Debt / Equity | 0.71 | 0.74 |
| RoNW | 12.03% | 11.54% |
| PAT Margin | 7.71% | 3.64% |
| EBITDA Margin | 9.99% | 9.99% |
| Price to Book Value | 2.42 | 0.42 |
Promoters
Samit Surendra Singhai, Akash Surendra Singhai, Surendra Fatechand Singhai and Lata Surendra Singhai.
IPO Registrar
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
IPO Lead Manager
- Hem Securities Ltd.
Company Contact Details
Kasturi Metal Composite Ltd.
A30/3/1, MIDC, H. V. Nagar,
Amravati, Maharashtra – 444605
Phone: 0721-2520293
Email: info@steelfiberindia.in
Frequently Asked Questions (FAQ)
What is the Kasturi Metal Composite IPO date?
The IPO opens on 27 January 2026 and closes on 29 January 2026.
What is the price band of Kasturi Metal Composite IPO?
The price band is ₹61 to ₹64 per share.
What is the lot size of Kasturi Metal Composite IPO?
The minimum application size is 4,000 shares.
Where will Kasturi Metal Composite IPO list?
The IPO will list on BSE SME.