Kasturi Metal Composite Limited is entering the public markets through SME IPO with an issue size of ₹18.00 crore. The issue consists of a fresh issue of equity shares. The shares are proposed to be listed on BSE & SME.
The IPO subscription window opens on January 27, 2026 and will remain open until January 29, 2026. The company plans to list its shares on February 3, 2026. Being an SME IPO, the issue may appeal to investors familiar with lower liquidity listings.
Kasturi Metal Composite Limited IPO Timeline
IPO Quick Facts
This section covers the main IPO details of Kasturi Metal Composite Limited that investors generally review before applying.
IPO Details at a Glance
| Company Name | Kasturi Metal Composite Limited |
|---|---|
| IPO Segment | SME |
| Sale Type | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Price | ₹61 – ₹64 Per Share |
| Lot Size | 2,000 Shares |
| Face Value | ₹10 Per Share |
| Exchange | BSE & SME |
Investor Category & Share Allocation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Market Maker | 138,000 | 5.01% |
| Qualified Institutional Buyers (QIB) | 1,304,000 | 47.38% |
| — Anchor Investor | 782,000 | 28.42% |
| — QIB (Ex Anchor) | 522,000 | 18.97% |
| NII (HNI) | 394,000 | 14.32% |
| — bNII > ₹10L | 262,000 | 9.52% |
| — sNII < ₹10L | 132,000 | 4.80% |
| Retail | 916,000 | 33.28% |
| Total Shares Offered | 2,752,000 | 100.00% |
Kasturi Metal Composite Limited IPO Important Dates
The following table highlights the key dates for the Kasturi Metal Composite Limited IPO, covering the subscription period and the expected listing timeline.
| IPO Opening Date | 27 Jan 2026 |
|---|---|
| IPO Closing Date | 29 Jan 2026 |
| Allotment Finalization | 30 Jan 2026 |
| Initiation of Refunds | 02 Feb 2026 |
| Credit of Shares | 02 Feb 2026 |
| IPO Listing Date | 03 Feb 2026 |
Kasturi Metal Composite Limited IPO Size
| Total IPO Size | ₹18.00 Crore |
|---|
Kasturi Metal Composite IPO IPO Lot Size & Minimum Investment
The table below shows the lot size and investment amount for the Kasturi Metal Composite IPO, calculated using the cut-off price. The price band for this IPO ranges from ₹61 to ₹64 per share.
Investors can apply for the IPO with a minimum of 2000 shares. Applications must be made in multiples of 2000 shares.
- Retail investors can apply from 2 lot to 2 lots.
- Small HNI (SHNI) investors must apply for at least 3 lots.
- Big HNI (BHNI) investors need to apply for a minimum of 8 lots.
This information helps investors understand the minimum investment required before applying for the IPO.
Note: Retail investors generally apply at the cut-off price, which is ₹64 per share.
| Category | Lots | Shares | Price | Amount |
|---|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹64 | ₹256,000 |
| Retail (Max) | 2 | 4,000 | ₹64 | ₹256,000 |
| S-HNI (Min) | 3 | 6,000 | ₹64 | ₹384,000 |
| S-HNI (Max) | 7 | 14,000 | ₹64 | ₹896,000 |
| B-HNI | 8 | 16,000 | ₹64 | ₹1,024,000 |
IPO Financial Summary
- Total Assets changed by 6.34% in FY 2024-2025.
- Total Revenue changed by 13.98% in FY 2024-2025.
- Profit After Tax changed by -11.91% in FY 2024-2025.
- Reserves & Surplus changed by -10.28% in FY 2024-2025.
- Total Borrowings changed by 11.16% in FY 2024-2025.
| Metric | 2025-09-30 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Total Assets (₹ Cr) | 44.43 | 35.57 | 33.45 | 21.71 |
| Total Revenue (₹ Cr) | 32.29 | 57.22 | 50.20 | 37.37 |
| Profit After Tax (₹ Cr) | 2.47 | 2.07 | 2.35 | 1.49 |
| Reserves & Surplus (₹ Cr) | 12.55 | 10.12 | 11.28 | 6.24 |
| Total Borrowings (₹ Cr) | 14.28 | 13.15 | 11.83 | 9.78 |
Kasturi Metal Composite IPO Promoter Holding
| Promoter(s) | Samit Surendra Singhai, Akash Surendra Singhai, Surendra Fatechand Singhai and Lata Surendra Singhai |
|---|---|
| Pre-Issue Holding | 92.35% |
| Post-Issue Holding | 67.90% |
Kasturi Metal Composite Limited IPO FAQs
The Kasturi Metal Composite Limited IPO is a SME Bookbuilding IPO with a total issue size of ₹18.00 crore.
The IPO will open for subscription on Tue, 27 Jan 2026 and will close on Thu, 29 Jan 2026.
The shares are being offered at a price band of ₹61 to ₹64 per equity share.
Investors can apply for the IPO with a minimum lot size of 2,000 shares.
At the upper price band, the minimum investment required for one lot is approximately ₹256,000.
The shares of Kasturi Metal Composite Limited are expected to be listed on BSE & SME on Tue, 03 Feb 2026.
Each equity share in the IPO has a face value of ₹10.
The IPO consists of a Fresh Issue, where shares are being offered by existing shareholders.
How to Apply for Kasturi Metal Composite Limited IPO?
Login to Your Trading App
Open your trading app such as Angel One, Zerodha, Upstox, Groww or any brokerage app.
Go to the IPO Section
Navigate to the IPO section in the app, search for the IPO, and enter your bid details.
Enter Your UPI ID
Provide your UPI ID that is linked to your bank account for payment authentication.
Approve the Mandate
Open your UPI app and approve the payment mandate to block the required amount.
Application Confirmation
Application submitted successfully, the funds will remain blocked until allotment is finalized.
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