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BSE SME Bookbuilding IPO Fresh Capital Closed

Kasturi Metal Composite Ltd IPO 2026

Face Value: ₹10  ·  Lot Size: 2,000 shares  ·  Min Investment: ₹128,000
₹64
Issue Price
+₹0
GMP Today
27,52,000 (100.00%)
Total Shares Offered
₹64
Est. Listing
Allotment Status
📅
Open Date
2026-01-27
📅
Close Date
2026-01-29
🎟️
Allotment
2026-01-30
UPI Mandate
TBA
📱
Listing Date
2026-02-03
🔗
Script Code
TBA
Grey Market Premium (GMP)
LIVE
Current GMP
+₹0
+0% vs Issue Price
Estimated Listing: ₹64
Issue Price: ₹64  ·  Lot: 2,000 shares
Expected P&L (1 lot): +₹0 on ₹128,000
GMP is unofficial grey market data. It does not guarantee listing price or returns.
Financial Overview
Amount in ₹ Crore
Metric 30 Sep 2025 31 Mar 2025 31 Mar 2024
Revenue 32.29 57.22 50.20
Profit After Tax 2.47 2.07 2.35
EBITDA 4.80 5.69 5.40
Net Worth 20.19 17.76 12.29
Total Assets 44.43 35.57 33.45
Reserves & Surplus 12.55 10.12 11.28
Total Borrowings 14.28 13.15 11.83
Key Financial Ratios
13.01%
ROE
Return on Equity
12.35%
ROCE
Return on Capital Employed
12.03%
RONW
Return on Net Worth
7.71
PAT Margin
PAT / Revenue
9.99
EBITDA Mgn
EBITDA / Revenue
0.71
D/E Ratio
Debt to Equity
2.42
P/BV
Price to Book Value
Issue Details
Total Shares Offered
27,52,000 (100.00%)
Net Offer to Public
26,14,000 shares (agg. up to ₹17 Cr)
Market Maker Reservation
1,38,000 shares (agg. up to ₹0.8832 Cr)
Pre-Issue Shareholding
76,43,212 shares%
Post-Issue Shareholding
1,03,95,212 shares%
Issue Price
₹64
Face Value
₹10
Lot Size
2,000 shares
Listing Exchange
BSE SME
Issue Type
Bookbuilding IPO
Objects of Issue
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
Lead Managers
Hem Securities Ltd
IPO Timeline
Open
2026-01-27
Close
2026-01-29
Allotment
2026-01-30
Listing
2026-02-03
Registrar Details
Bigshare Services Pvt.Ltd
+91-22-6263 8200
ipo@bigshareonline.com
Check Allotment Status
Company Information
Email
info@steelfiberindia.in
Phone
+0721-2520293
Address
A30/3/1, MIDC, H. V. Nagar, Amravati, Amravati, Maharashtra, 444605
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 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.

Products Portfolio:

  • Duraflex Steel Fibers: High-strength fibers for tunnels, mines, and rock stabilization, enhancing ductility and load capacity.
  • Industrial Flooring Fibers: Strengthen concrete in warehouses, factories, roads, and precast walls, improving crack resistance.
  • Durabond Steel Wool Fiber: High thermal stability fibers, reinforcing structures, available in various grades for diverse applications.

As on October 31, 2025, the company has employed 98 permanent full-time employees.

Competitive Strengths:

  • Strong Manufacturing Capabilities
  • Strong portfolio and diverse range of Steel Fiber products
  • Stringent quality control mechanism ensuring standardized product quality
  • Established relationships with customers across various geographical locations
  • Experienced Promoter and Strong Management Team Our company is led by individual promoters Samit Surend.
Quick Facts
GMP Signal
Bullish 🚀
Status
Closed
Issue Price
₹64
Lot Size
2,000 sh
Est. Listing
₹64
Pre-Issue Hold.
76,43,212 shares%
Post-Issue Hold.
1,03,95,212 shares%
Registrar
Bigshare Services Pvt.Ltd
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