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Kasturi Metal Composite
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
bar_chart Subscription Status
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
Share GMP:
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
pie_chart Investor Allocation
Registrar
Lead Managers / Book Running
timeline IPO Timeline
Open
27 Jan 2026
Close
29 Jan 2026
Allotment
30 Jan 2026
Listing
03 Feb 2026