IPO - Initial Public Offerings

 KASTURI

  

KASTURI METAL COMPOSITE LTD IPO.

27 Jan, 10:00 AM

Issue Open

29 Jan, 05:00 PM

Issue Close

2000

Lot Size

₹ 61.00 – ₹ 64.00

Price Range

IPO Issue Details

Issue size 18.00 Cr
Market Price 64.00
Registrar Bigshare Services Pvt.Ltd.
Face Value RS.10 /- Per share
Listing at BSE

About

KASTURI METAL COMPOSITE LTD IPO.
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.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 4000 ₹ 2,56,000.00
Retail (Max) 2 4000 ₹ 2,56,000.00
S-HNI (Min) 3 6000 ₹ 3,84,000.00
S-HNI (Max) 8 16000 ₹ 10,24,000.00
B-HNI (Min) 9 18000 ₹ 11,52,000.00

IPO TimeLine

Open Date 27-Jan-2026
Close Date 29-Jan-2026
Basis of Allotment Date 30-Jan-2026
Initiation of Refunds 02-Feb-2026
Credit Shares to Demat A/c 02-Feb-2026
IPO Listing Date 03-Feb-2026