Kasturi Metal IPO open date is January 27, 2026 and the IPO will close on January 29, 2026. Kasturi Metal Composite IPO is a Book Build Issue. The company to raise around ₹17.61 crores via IPO that comprises fresh issue of ₹17.61 crores and offer for sale up to [.] equity shares with face value of ₹10 each.
Kasturi Metal Composite IPO price band is ₹61 to ₹64 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Kasturi Metal Composite IPO to list on BSE SME on February 3, 2026. The allotment of Kasturi Metal Composite IPO date is January 30, 2026.
The company reported revenue of ₹57.22 crores in 2025 against ₹50.20 crores in 2024. The company reported profit of ₹2.07 crores in 2025 against profit of ₹2.35 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

About Kasturi Metal Composite IPO
Kasturi Metal Composite, founded in 2005, has been involved in the manufacturing and exporting of steel fiber products. Its product portfolio consists of Loose Hook-End Steel Fiber, Glued Hook-End Steel Fiber, and Flat Crimped Steel Fiber, available in various sizes for fiber-reinforced concrete applications. Moreover, the company also manufactures Steel Wool Fiber for brake pads and clutches, and trades Macro Synthetic PP Fibers under the Durocrete brand.
The firm mostly promotes its products under the brands Duraflex and Durabond to cater to various industries, including construction, engineering, warehousing, logistics, mining, infrastructure, and automotive. Its manufacturing units consist of high-tech machines like wire drawing machines, wet and dry wire systems, and special equipment to manufacture steel fibre products.
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
January 27, 2026 – January 29, 2026
| GMP Rumors * | ₹0 |
|---|---|
| Price | ₹61 - ₹64 |
| 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 | % |
|---|---|---|
| Total | 2752000 | 100% |
| Anchor | 782000 | 28.42% |
| QIB | 522000 | 18.97% |
| HNI | 394000 | 14.32% |
| INDIVIDUAL | 916000 | 33.28% |
| Market Maker | 138000 | 5.01% |
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 | Book building 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 |
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Kasturi Metal Composite Address
Kasturi Metal Composite Ltd.
Address
A30/3/1,MIDC,
H. V. Nagar, Amravati,
Amravati, Maharashtra, 444605
+0721-2520293
E-mail: info@steelfiberindia.in
Website:https://steelfiberindia.in/
Kasturi Metal Composite Registrar
Phone: +912262638200
Email: investor@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Address: Bigshare Services Pvt Ltd 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,Makwana Road, Marol, Andheri(E), Mumbai - 400 059