Kasturi Metal Composite Limited
ListedSMEMaterials & Manufacturing · BSE
Incorporated in 2005, Kasturi Metal Composite Limited is engaged in the manufacturing, supply, and export of steel fiber products for industrial applications, primarily serving construction, mining, automotive, and infrastructure sectors. The company manufactures steel wool fiber used in brake pads and clutches, trades Durocrete PP fibers, and provides concrete flooring solutions through its associate entity, Durafloor Concrete Solution LLP. It markets its products under the Duraflex and Durabond brands, offering solutions for tunnels, roads, bridges, mining, industrial flooring, and structural reinforcement to enhance durability, ductility, and load-bearing capacity. Kasturi Metal Composite operates three manufacturing units at MIDC Amravati, with one unit dedicated to fine wire drawing and two units focused on steel fiber and mild steel wire production, ensuring efficient operations and consistent product quality, and as of October 31, 2025, the company employed 98 permanent full-time employees.
Price Band
₹61 – ₹64
Issue Size
₹17.61 Cr
Lot Size
2000 shares
GMP
—
Est. Listing
₹64
at current GMP
Subscribed
17.82x
overall
Open
27 Jan 2026
Close
29 Jan 2026
Allotment
30 Jan 2026
Refund
31 Jan 2026
Demat Credit
1 Feb 2026
Listing
3 Feb 2026
Last updated 12 days ago
Overall Subscription
17.82x
Total Demand
QIB Multiplier
4.00x
Institutions & Funds
NII / HNI
39.23x
High Net-Worth
Retail (RII)
16.49x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 522,000 | 2,086,000 | 4.00x |
| NIB | 394,000 | 15,458,000 | 39.23x |
| HNIs(10L +) | 262,000 | 12,438,000 | 47.47x |
| HNIs (2-10L) | 132,000 | 3,020,000 | 22.88x |
| RETAIL | 916,000 | 15,108,000 | 16.49x |
| Total | 2,226,000 | 48,110,000 | 17.82x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 2 | 0.00x |
| NIB | — | 1,242 | 0.00x |
| RETAIL | 229 | 3,777 | 16.49x |
| HNIs(10L +) | 44 | 747 | 16.98x |
| HNIs (2-10L) | 22 | 495 | 22.50x |
| Total Applications | 295 | 6,263 | 21.23x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Kasturi Metal Composite Limited Public Issue & Market Profile
Kasturi Metal Composite Limited is bringing an initial public offering (IPO) in the Materials & Manufacturing sector with an aggregate issue size of ₹17.61 Crores. The shares are offered at a price band of ₹61 to ₹64 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2026-01-29, the basis of allotment is scheduled to be finalized on 2026-01-30. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Kasturi Metal Composite Limited IPO GMP today?
Currently, Kasturi Metal Composite Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹61 to ₹64 per equity share.
What is the expected profit per lot for Kasturi Metal Composite Limited IPO?
The retail lot size is 2000 shares requiring a minimum application amount of ₹1,28,000. Expected listing price is ₹64 per equity share.
What is the issue size and price band for Kasturi Metal Composite Limited IPO?
The Kasturi Metal Composite Limited IPO aggregate issue size is ₹17.61 Crores with an equity price band set at ₹61 to ₹64 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,28,000.
How can I check Kasturi Metal Composite Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 17.82x (Retail: 16.49x, QIB: 4.00x, NII: 39.23x). You can track live multiples directly on our dedicated subscription page.
Where and when will Kasturi Metal Composite Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2026-01-30. Investors can verify status using PAN card or application number.
When is the listing date for Kasturi Metal Composite Limited IPO?
Kasturi Metal Composite Limited shares are scheduled to list on BSE on 2026-02-03.