Kasturi Metal Composite IPO Details
The Kasturi Metal Composite IPO is a book build issue with a total issue size of ₹18 cr Kasturi Metal Composite IPO opened for subscription on Jan 27, 2026 and closed on Jan 29, 2026. Kasturi Metal Composite IPO is set price band at ₹61 to ₹64 per share, with a lot size of 2000 shares. Minimum investment for Retail investors was ₹256,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jan 30, 2026, and listed on both the NSE and BSE on Feb 03, 2026.
Bigshare Services Pvt Ltd has been appointed as the registrar. Hem Securities Limited are the Book Running Lead Manager for the issue.
Before investing in the Kasturi Metal Composite IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 61 – 64
- Lot Size
- 2000
- Issue Size
- ₹18 Cr
- Minimum Investment
- ₹256000 (4000 Shares)
- Listing Date
- 03 February 2026
Current GMP
₹0 (0.00%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Kasturi Metal Composite Limited
Incorporated in 2005, Kasturi Metal Composite Limited is engaged in the manufacturing, supply, and export of steel fiber products catering to a wide range of industrial applications. The company has established itself as a reliable provider of high-performance reinforcement solutions for the construction, mining, infrastructure, and automotive sectors.
Business Operations
Kasturi Metal Composite Limited specializes in the manufacture of Steel Wool Fibers primarily used in brake pads and clutch applications. In addition, the company trades Durocrete Polypropylene (PP) Fibers and provides comprehensive concrete flooring solutions through its associate entity, Durafloor Concrete Solution LLP.
The company markets its products under the well-recognized brands Duraflex and Durabond, offering advanced reinforcement solutions for applications such as tunnels, roads, bridges, industrial floors, mines, and other critical infrastructure projects. These products are designed to enhance structural strength, durability, and overall quality.
Manufacturing Facilities
The company operates three manufacturing units located at MIDC Amravati, Maharashtra, ensuring efficient production and consistent product quality:
- Unit 1: Fine wire drawing operations
- Units 2 and 3: Manufacturing of steel fibers and mild steel wires
These integrated facilities enable the company to maintain operational efficiency and stringent quality control.
Product Portfolio
- Duraflex Steel Fibers:
High-strength steel fibers designed for use in tunnels, mines, and rock stabilization projects. These fibers improve concrete ductility, load-bearing capacity, and crack resistance. - Industrial Flooring Fibers:
Reinforcement fibers used in warehouses, factories, roads, and precast walls to enhance concrete strength and minimize cracking. - Durabond Steel Wool Fibers:
Steel wool fibers with high thermal stability, widely used for reinforcement in industrial and automotive applications. Available in multiple grades to meet diverse customer requirements.
Human Resources
As of October 31, 2025, Kasturi Metal Composite Limited employs 98 permanent full-time employees, reflecting its stable workforce and commitment to operational excellence.
Kasturi Metal Composite IPO Promoters
- Samit Surendra Singhai
- Akash Surendra Singhai
- Surendra Fatechand Singhai
- Lata Surendra Singhai
Promoters Holding
Holding Pre Issue
92.35%
Holding Post Issue
67.90%
Kasturi Metal Composite IPO Objective
The Company Kasturi Metal IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding the capital expenditure towards construction of building, mechanical and electrical works, Interior work and procurement of plant and machinery for setting up a new manufacturing facility at Amravati, Maharashtra (“Proposed Factory IV”)
- General Corporate Purpose
Address / Contact Info
Kasturi Metal Composite Ltd.
A30/3/1,MIDC,
H. V. Nagar, Amravati,
Amravati, Maharashtra, 444605
Phone: +0721-2520293
Email: info@steelfiberindia.in
Website: http://www.steelfiberindia.in/
IPO Snapshot
Book Running Lead Managers
- Hem Securities Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Kasturi Metal Composite IPO is a Book-building IPO with a total issue size of ₹18 crore. The Kasturi Metal Composite IPO price band is ₹61 to 64 per share. The Kasturi Metal Composite IPO subscription opens on Tue, Jan 27, 2026, and closes on Thu, Jan 29, 2026. The Kasturi Metal Composite IPO will be listed on the BSE. Bigshare Services Pvt Ltd is the registrar for the Kasturi Metal Composite IPO .
The Kasturi Metal Composite IPO opens on Tue, Jan 27, 2026 and closes on Thu, Jan 29, 2026
Kasturi Metal Composite IPO Price Band is ₹61 to 64 per share.
Kasturi Metal Composite IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹256000 based on the upper price band
The minimum investment for Kasturi Metal Composite IPO is ₹256000, based on one lot of 2000 shares at the upper price band of ₹64 per share.
Investors can apply for the Kasturi Metal Composite IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Jan 29, 2026. The application amount remains blocked until the Kasturi Metal Composite IPO allotment is finalized.
Kasturi Metal Composite IPO issue size is ₹18 crores.
Kasturi Metal Composite IPO allotment date is Wed, Jul 1, 2026.
The registrar for Kasturi Metal Composite IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Kasturi Metal Composite IPO allotment status, refund processing, and other IPO-related information.