Kasturi Metal Composite Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,304,000 (47%) | — | ₹835 Cr |
| NII (HNI) | — | 394,000 (14%) | — | ₹252 Cr |
| Retail | — | 916,000 (33%) | — | ₹586 Cr |
| Market Maker | — | 138,000 (5%) | — | ₹9 Cr |
| Σ Total | — | 2,752,000 (100%) | — | ₹17,613 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹128,000 |
| Retail (Max) | 13 | 26,000 | ₹1,664,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,792,000 |
| B-HNI (Min) | 67 | 134,000 | ₹8,576,000 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 32 | 57 | 50 |
| EBITDA | 5 | 6 | 5 |
| Profit After Tax | 2 | 2 | 2 |
| Net Worth | 20 | 18 | 12 |
| Total Assets | 44 | 36 | 33 |
| Reserves & Surplus | 13 | 10 | 11 |
| Total Borrowing | 14 | 13 | 12 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the 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”) – 13.29
- General Corporate Purpose –
Company Overview
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.