Kasturi Metal Composite
January 27, 2026 – January 29, 2026
| Price | ₹61 - ₹64 |
| GMP Rumors * | ₹0 |
|---|---|
| Lot size | 2000 |
| Issue size | ₹17.61 cr |
| Allotment | Jan 30, 2026 |
| Listing | Feb 3, 2026 |
Kasturi Metal Composite Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 4000 | 256000 | 229 |
| sHNI | 3 | 6000 | 384000 | 22 |
| bHNI | 8 | 16000 | 1024000 | 44 |
Kasturi Metal Composite Reservation
| Category | Shares Offered | % |
|---|---|---|
| Anchor | 782000 | 28.42% |
| QIB | 522000 | 18.97% |
| HNI | 394000 | 14.32% |
| INDIVIDUAL | 916000 | 33.28% |
| Market Maker | 138000 | 5.01% |
| Total | 2752000 | 100% |
Kasturi Metal Composite About
IPO Details
| Total Issue Size | 27,52,000 shares (aggregating up to ₹17.61 Cr) |
| Fresh Issue | 27,52,000 shares (aggregating up to ₹17.61 Cr) |
| Face Value | ₹10/- Per Share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 76,43,212 Equity Shares |
| Share Holding Post Issue | 1,03,95,212 Equity Shares |
| Reserved for Market Maker | 1,38,000 shares (aggregating up to ₹0.88 Cr) |
| Market Maker | Hem Finlease Private Limited |
Key Performance Indicators (KPI)
| KPI | Sep-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| ROE | 13.01% | 13.80% | 24.35% |
| ROCE | 12.35% | 13.76% | 18.43% |
| EPS (BASIC) | 3.18 | 2.86 | 3.40 |
| P/E Pre IPO | 23.59 | ||
| P/E Post IPO | 13.47 |
Company Financial (In ₹Crore)
| Period Ended | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Assets | 44.43 | 35.57 | 33.45 | 21.71 |
| Total Income | 32.29 | 57.22 | 50.2 | 37.37 |
| Profit After Tax | 2.47 | 2.07 | 2.35 | 1.49 |
| EBITDA | 4.8 | 5.69 | 5.4 | 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 |
About Company
Incorporated in 2005, Kasturi Metal Composite Limited is engaged in the manufacturing, supply, and export of steel fiber products used in industrial and infrastructure applications.
The company manufactures Steel Wool Fiber used in brake pads and clutches, trades Durocrete PP Fibers, and provides concrete flooring solutions through Durafloor Concrete Solution LLP.
It markets Duraflex and Durabond steel fiber products catering to construction, mining, automotive, tunnels, roads, bridges, and industrial flooring, enhancing structural strength and durability.
Operations are carried out through three manufacturing units at MIDC Amravati:
Unit 1: Fine wire drawing
Units 2 & 3: Steel fibers and mild steel wire production
Product portfolio includes Duraflex Steel Fibers, Industrial Flooring Fibers, and Durabond Steel Wool Fibers, designed for load-bearing strength, crack resistance, and thermal stability.
As of October 31, 2025, the company employs 98 permanent full-time employees.
IPO proceeds are proposed to be utilised for setting up a new manufacturing facility (Unit IV) at Amravati (₹13.29 Cr) and general corporate purposes.
Strength
Strong manufacturing capabilities with integrated facilities for wire drawing and steel fiber production.
Diverse steel fiber product portfolio serving infrastructure, mining, and automotive sectors.
Robust quality control mechanisms ensuring consistent and standardized product quality.
Weakness
High dependence on limited raw material suppliers concentrated in specific geographies, which may disrupt supply.
Customer concentration risk, as a substantial portion of revenue is derived from a few major customers.
Absence of long-term supplier contracts, exposing the company to raw material price volatility and availability risks.
Kasturi Metal Composite Lead Manager(s)
Kasturi Metal Composite Address
Address
A30/3/1,MIDC,
H. V. Nagar, Amravati,
Amravati, Maharashtra, 444605
+0721-2520293
E-mail: info@steelfiberindia.in
Website:https://steelfiberindia.in/