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KM

Kasturi Metal Composite

Listed SME BSE SME · Iron & Steel Products

Price Band

₹61.0–64.0

Issue Size

₹17.61 Cr

Lot Size

2,000 shares

Min Investment

₹256,000

GMP

+₹0.0 (0.0%)

Issue Price

₹64.0

calendar_month Important Dates

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IPO Open Date
Tue, 27 Jan 2026
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IPO Close Date
Thu, 29 Jan 2026
assignment
Allotment Date
Fri, 30 Jan 2026
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Refund Initiation
Mon, 02 Feb 2026
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Credit of Shares
Sat, 31 Jan 2026
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Listing Date
Tue, 03 Feb 2026
Listing Price
₹64.0 +0.0%

bar_chart Subscription Status

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Subscription data unavailable

trending_up Grey Market Premium (GMP)

GMP

₹0.0

GMP %

0.0%

Est. Listing

₹64.0

schedule Updated: 14 Jul 2026 15:52

business About the Company

Kasturi Metal Composite Limited specializes in the production, supply, and export of steel fiber–based products designed for a wide range of industrial uses. The company is actively involved in manufacturing steel wool fibers for applications such as brake pads and clutches, trading in Durocrete polypropylene fibers, and providing concrete flooring solutions through its associate entity, Durafloor Concrete Solution LLP. The company promotes its Duraflex and Durabond brands across key sectors including construction, mining, and automotive. These products are widely used in infrastructure projects such as tunnels, highways, bridges, and other structural developments, where strength, durability, and long-term performance are critical. Kasturi Metal Composite Limited operates three manufacturing facilities located at MIDC Amravati. Unit 1 is dedicated to fine wire drawing, while Units 2 and 3 focus on the production of steel fibers and mild steel wires. This integrated setup supports operational efficiency and consistent product quality. Product Portfolio: Duraflex Steel Fibers: Engineered for high performance in tunnels, mining operations, and rock reinforcement, these fibers improve load-bearing capacity and structural toughness. Industrial Flooring Fibers: Designed to reinforce concrete used in warehouses, industrial plants, roads, and precast panels, helping to minimize cracking and enhance durability. Durabond Steel Wool Fibers: Known for excellent thermal resistance, these reinforcement fibers are available in multiple grades to suit varied industrial and structural requirements.

payments Company Financials (₹ Cr)

As of 2025-09-30

Period Ended 30 Sep 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 44.43 35.57 33.45 21.71
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
Reserves and Surplus 12.55 10.12 11.28 6.24
Total Borrowing 14.28 13.15 11.83 9.78

Key Ratios

EPS

₹2.71

NAV

₹24.79

ROE

13.80%

ROCE

13.76%

RoNW

11.54%

P/B Value

0.42

P/E Ratio

23.59

Market Cap

₹66.53 Cr

PAT Margin

3.64%

Debt/Equity

0.74

Promoters

Samit Surendra Singhai, Akash Surendra Singhai, Surendra Fatechand Singhai and Lata Surendra Singhai

Objects of the Issue

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 Purposes 1.89 3 Issue Expenses 2.43 Total 17.61

info Issue Details

Issue Type SME Book Built
Issue Size ₹17.61 Cr
Price Band ₹61.0 – ₹64.0
Issue Price ₹64.0
Lot Size 2,000 shares
Min Investment ₹256,000
Exchange BSE SME
Sector Iron & Steel Products
Open Date 27 Jan 2026
Close Date 29 Jan 2026
Allotment 30 Jan 2026
Listing Date 03 Feb 2026

pie_chart Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

domain Bigshare Services Pvt.Ltd.

Lead Managers / Book Running

account_balance Hem Securities Ltd.

timeline IPO Timeline

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Open

27 Jan 2026

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Close

29 Jan 2026

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Allotment

30 Jan 2026

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Listing

03 Feb 2026

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