Kasturi Metal Composite IPO GMP & Review: Apply or Avoid?

Kasturi Metal Composite IPO is open for bidding from 27th January 2026 to 29th January 2026. It is a bookbuilding IPO of ₹17.61 crore, comprising an entirely fresh issue of 0.10 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 3rd February 2026. 

Kasturi Metal Composite IPO Details 

The Kasturi Metal Composite IPO date is fixed between 27th January 2026 and 29th January 2026. The face value of Kasturi Metal Composite shares stands at ₹10 per share, and the IPO Issue price band is set at ₹61 to ₹64 per share

Bigshare Services Private Limited is the registrar of the Kasturi Metal Composite IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

Kasturi Metal Composite IPO Share Reservation

Riddhi Display Equipment’s IPO is a bookbuilding issue of 0.28 crore shares worth ₹17.61 crore. Kasturi Metal Composite IPO Limited shares will be listed on the BSE and the SME Exchange. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Kasturi Metal Composite IPO GMP Grey Market Premium

GMP is the gap between the issue price band and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Kasturi Metal Composite IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 27th January 2026, Kasturi Metal Composite IPO GMP stands at ₹0.00 per share, which means the share will likely list at ₹64.00 on its tentative listing date, 3rd February 2026.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Kasturi Metal Composite IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends. 

Kasturi Metal Composite IPO GMP Review

Check out the detailed Kasturi Metal Composite GMP IPO review for a thorough understanding of its potential to report listing gains on 3rd February 2026. The Kasturi Metal Composite IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the business’s economic growth and decline before applying for the Kasturi Metal Composite IPO.

Kasturi Metal Composite Limited’s revenue increased by 13.98% from ₹50.20 crores in March 2024 to ₹57.22 crores in March 2025. Moreover, the company’s PAT decreased by 1.91% from ₹2.35 crores in March 2024 to ₹2.07 crores in March 2025.

Kasturi Metal Composite’s IPO has shown consistent revenue growth, indicating the company’s financial stability. Moreover, brokers, investors, and RAs have a positive outlook for the Kasturi Metal Composite IPO, with its tentative listing day set for 3rd February 2026. 

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the Kasturi Metal Composite IPO.

The P/E ratio of Kasturi Metal Composite Limited shares is 23.59, and its Earnings Per Share (EPS) stands at 2.71. Thus, the Kasturi Metal Composite IPO can deliver gains on its tentative listing date, 3rd February 2026. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Kasturi Metal Composite Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

Kasturi Metal Composite IPO Subscription Status

The Kasturi Metal Composite IPO will open for bidding on 27th January 2026. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Kasturi Metal Composite IPO Subscription Status. 

About Kasturi Metal Composite Limited

Kasturi Metal Composite Limited was established in 2005. Kasturi Metal Composite Limited is engaged in the manufacturing, supply and export of steel fiber products for industrial applications. The company manufactures Steel Wool Fiber for brake pads and clutches, trades Durocrete PP Fibers, and offers concrete flooring solutions through Durafloor Concrete Solution LLP. The company markets Duraflex and Durabond products for industries like construction, mining, and automotive, offering solutions for tunnels, roads, bridges, and more, ensuring structural integrity and quality. The company operates three units in MIDC Amravati: Unit 1 for fine wire drawing, Units 2-3 for steel fibers and mild steel wire production, ensuring efficient operations and quality products.

Products Portfolio:

• Duraflex Steel Fibers: High-strength fibers for tunnels, mines, and rock stabilisation, enhancing ductility and load capacity.
• Industrial Flooring Fibers: Strengthen concrete in warehouses, factories, roads, and precast walls, improving crack resistance.
• Durabond Steel Wool Fiber: High thermal stability fibers, reinforcing structures, available in various grades for diverse applications.

As of October 31, 2025, the company has employed 98 permanent full-time employees.

Kasturi Metal Composite Limited Financials

The company’s financial analysis is essential before applying for the Kasturi Metal Composite IPO. See the table for Kasturi Metal Composite Limited’s financials. 

Explanation

Kasturi Metal Composite Limited’s revenue increased by 13.98% from ₹50.20 crores in March 2024 to ₹57.22 crores in March 2025. Moreover, the company’s PAT decreased by 1.91% from ₹2.35 crores in March 2024 to ₹2.07 crores in March 2025.

Kasturi Metal Composite Limited IPO Promoter Holdings

Have a look at the table below to check the holdings of Ashish Kankaria, Shruti A. Kankaria, Ambica Capital Markets Limited, and Gold View Financial Services Limited.

Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue.

Aim of the Kasturi Metal Composite IPO

The primary aim of the Kasturi Metal Composite IPO is to raise ₹17.61 crores. On the other hand, Kasturi Metal Composite has decided to utilise these funds in different ways.

• To fund the capital expenditure towards mechanical and electrical works, interior work and procurement of plant and machinery for setting up a new manufacturing facility at Amravati, Maharashtra (“Proposed Unit IV”)
• To General Corporate Expenses.

Should I Invest in the Kasturi Metal Composite IPO?

Explore the pros and cons of Kasturi Metal Composite to know whether you should apply or avoid the issue. These pros and cons might help you understand the IPO’s efficiency in delivering profits over the coming decades. 

Pros of the Kasturi Metal Composite IPO

• The company has Strong Manufacturing Capabilities
• The company has an Experienced Promoter and a strong management team. Our company is led by an individual promoter,s Samit Surend.
• The company has Stringent quality control mechanism ensuring standardised product quality
• The company has a strong portfolio and a diverse range of Steel Fiber products

Cons of the Kasturi Metal Composite IPO

• The company has a High dependence on a few key suppliers
• The company has a customer concentration risk
• The company has a Working capital intensity

How to Apply for the Kasturi Metal Composite IPO?

Check the steps mentioned below to apply for Kasturi Metal Composite Ltd.

• Step 1: Conduct thorough research on the Kasturi Metal Composite IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for 2 lots of 4,000 shares worth ₹2,56,000
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Kasturi Metal Composite IPO across multiple demat accounts to increase your chances of allotment. 

How to Check the Kasturi Metal Composite IPO Allotment Status?

You can check for the Kasturi Metal Composite IPO allotment in different ways. These include BSE and the registrar portal. Follow the steps below to check your allotment status online.

Check On BSE

• Visit the BSE Official Site
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the Kasturi Metal Composite IPO.  
• Choose whether to proceed with the PAN number or the application number.
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal.
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Kasturi Metal Composite IPO allotment status.

Let’s Wrap

Kasturi Metal Composite IPO is a bookbuilding issue of shares worth ₹17.61 crores. The shares of Kasturi Metal Composite Limited will be listed on BSE and SME on its tentative listing date of 3rd February 2026. Researching the Kasturi Metal Composite IPO GMP and reviews is highly recommended to achieve your desired profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Kasturi Metal Composite IPO

How is the Kasturi Metal Composite IPO?

Ans. Currently, on 27th January 2026, the Kasturi Metal Composite GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹64 per share. It is a bookbuilding IPO of ₹17.61 shares. The face value of each Kasturi Metal Composite share is ₹10 per share. 

What is the Kasturi Metal Composite IPO price?

Ans. The Kasturi Metal Composite IPO issue price band is set at ₹61 to ₹64 per share. 

Is the Kasturi Metal Composite IPO a good investment?

Ans. Kasturi Metal Composite Limited’s revenue increased by 13.98% from ₹50.20 crores in March 2024 to ₹57.22 crores in March 2025. Moreover, the company’s PAT decreased by 1.91% from ₹2.35 crores in March 2024 to ₹2.07 crores in March 2025.

Who is the registrar of the Kasturi Metal Composite IPO?

Ans. Bigshare Services Private Limited is the registrar for the Kasturi Metal Composite IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Kasturi Metal Composite allotment and refund, you can contact Bigshare Services Private Limited at ipo@bigshareonline.com or at +91-22-6263 8200.

What is the issue size of the Kasturi Metal Composite IPO? 

Ans. Kasturi Metal Composite IPO is a bookbuilding IPO of ₹17.61 crores. Moreover, the IPO is set to open on 27th January 2026 and close on 29th January 2026. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Kasturi Metal Composite IPO, download the Kasturi Metal Composite IPO RHP and Kasturi Metal Composite IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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