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KM

Krupalu Metals IPO

Listed SME BSE SME · Aluminium, Copper & Zinc Products

Price Band

₹

Issue Size

₹13.48 Cr

Lot Size

1,600 shares

Min Investment

₹230,400

2 LOTS MIN

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

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Issue Price

₹72.0

Krupalu Metals IPO AI Summary

  • Krupalu Metals IPO is listed on BSE SME in the Aluminium, Copper & Zinc Products sector.
  • Subscription window: 08 Sep–11 Sep 2025, listing on 16 Sep 2025.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Krupalu Metals IPO — Third-Party Research Views

Reviews below reflect analyst calls made before this IPO closed on 11 Sep 2025 — not a current signal.

Neutral 25 Jul

Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.

Important Dates

IPO Open Date
Mon, 08 Sep 2025
IPO Close Date
Thu, 11 Sep 2025
Allotment Date
Fri, 12 Sep 2025
Refund Initiation
Mon, 15 Sep 2025
Credit of Shares
Mon, 15 Sep 2025
Listing Date
Tue, 16 Sep 2025
Listing Price
₹72.0 +0.0%

Subscription Status

Subscription data unavailable

Krupalu Metals IPO Grey Market Premium (GMP) Today

GMP not available yet

Grey Market Premium is updated daily. Check back closer to the listing date.

About the Company

Incorporated in 2012, Krupalu Metals Limited is engaged in the manufacturing of wide range of brass and copper products.   The company specializes in manufacturing brass and copper sheets, strips, and components, including inserts, pipe fittings, terminals, bus bars, and custom parts, while also offering diverse job work services.   The company operates a manufacturing facility at Plot No. 4345, GIDC Phase-III, Dared Udhyognagar, Jamnagar, Gujarat, 361009, equipped for high-quality brass and copper product production.   Products and Services Krupalu Metals Limited specializes in a wide range of brass and copper products, including: Brass Sheets and Strips: Available in various thicknesses and finishes. Brass and Copper Rods: Used in diverse industrial applications. Sheet Metal Parts: Customized pressed parts made from brass and copper sheets. Brass Washers and Stamping Parts: Precision-engineered components for industrial use. Brass Sheet Metal Components: Including press components and terminals. As on July 31, 2025, the company is having 13 permanent employees and 40 employees are engaged on time to time on need basis. Competitive Strengths: Experienced management and a well-trained employee base Existing client relationship Quality Assurance and Standards Expertise and vast industry experience Innovative Ideas

Company Financials (₹ Cr)

As of 2025-03-31

Period Ended 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 20.03 19.46 15.25
Total Income 48.50 37.12 33.58
Profit After Tax 2.15 1.55 0.42
EBITDA 3.70 2.57 1.08
NET Worth 6.12 4.06 2.56
Reserves and Surplus 2.12 1.66 0.16
Total Borrowing 8.37 9.57 7.44

Key Ratios

EPS

₹5.38

NAV

₹15.31

ROCE

48.45%

RoNW

35.12%

P/B Value

7.09

P/E Ratio

13.39

Market Cap

₹42.28 Cr

PAT Margin

4.45%

Debt/Equity

1.37

Peer Comparison

Company NAV RoNW P/E (x) EPS Basic
Poojawestern Metaliks Ltd 13.38 11.46% 18.3 1.53
Sprayking Limited 2.81 7.45% 5.33 0.42
Krupalu Metals Limited This IPO 15.31 35.12% 13.39 5.38

Promoters

Jagdish Parsottambhai Katariya and Navinbhai Katariya

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 Capital Expenditure towards purchase of additional plant and machinery 5.18 2 Working Capital Requirements 5.70 3 General Corporate Expenses 1.10 4 Issue Expenses 1.49 Total 13.48

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income was ₹33.58 Cr in the year ended 31 Mar 2023, rising to ₹37.12 Cr by 31 Mar 2024, and further increasing to ₹48.50 Cr by 31 Mar 2025.

Profit Trend

Profit After Tax was ₹0.42 Cr for the year ended 31 Mar 2023, increasing to ₹1.55 Cr by 31 Mar 2024, and reaching ₹2.15 Cr by 31 Mar 2025.

Valuation

Krupalu Metals Limited has an implied P/E ratio of 13.39 at the issue price, compared to peers with P/E ratios ranging from 5.33 to 18.3.

Grey Market Premium, Explained

The grey market refers to the unofficial trading of shares before they are listed on the stock exchange. The Grey Market Premium (GMP) indicates the expected premium or discount at which the shares may list compared to the issue price. A high GMP suggests strong demand, while a low or negative GMP may indicate weak interest.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their financial goals and risk tolerance. It's essential to consider the company's fundamentals and market conditions before making an investment decision.

Who May Want to Wait

Investors who prefer stable, low-risk investments or those who are not comfortable with the inherent risks associated with IPOs may want to avoid this offering.

IPO Timeline, Explained

The IPO process includes several key dates: the issue opens on 8 September 2025 and closes on 11 September 2025. Allotment of shares will occur on 12 September 2025, with the listing date set for 16 September 2025.

Listing Gains — The Risk

Listing gains refer to the potential profit an investor can make when shares are listed on the stock exchange and traded. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and overall demand for the stock. Investors should be aware that there is a risk of losses as well.

This evaluation is generated from Krupalu Metals's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

When does Krupalu Metals IPO open and close?

Krupalu Metals IPO opens on 08 September 2025 and closes on 11 September 2025.

When does Krupalu Metals IPO list on the stock exchange?

Krupalu Metals IPO listed on 16 September 2025 at ₹72.0.

What is the lot size for Krupalu Metals IPO?

The lot size for Krupalu Metals IPO is 1600 shares, requiring a minimum investment of ₹230,400 (2 lots).

What is the issue price of Krupalu Metals IPO?

The issue price is ₹72.0.

What is the lot size for the IPO?

The lot size is 1600 shares.

What is the minimum investment required?

The minimum investment required is ₹230,400.

When is the listing date for the IPO?

The listing date is 16 September 2025.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected premium or discount at which the shares may list compared to the issue price.

Issue Details

Issue Type SME Book Built
Issue Size ₹13.48 Cr
Price Band ₹ (Fixed)
Issue Price ₹72.0
Lot Size 1,600 shares
Min Investment ₹230,400 (2 lots minimum)
Exchange BSE SME
Sector Aluminium, Copper & Zinc Products
Open Date 08 Sep 2025
Close Date 11 Sep 2025
Allotment 12 Sep 2025
Listing Date 16 Sep 2025

Investor Allocation

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

Registrar

Cameo Corporate Services Ltd.

Lead Managers / Book Running

Finshore Management Services Ltd.

IPO Timeline

Open

08 Sep 2025

Close

11 Sep 2025

Allotment

12 Sep 2025

Listing

16 Sep 2025

Community Sentiment

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