Kasturi Metal Composite IPO GMP & Subscription Status: Day 1 IPO Live Updates

The Kasturi Metal Composite IPO GMP is ₹0 as of 27th January 2026. It is a book-building issue IPO of ₹17.61 crores. This is an entirely fresh issue of 0.28 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 3rd February 2026. The face value of Kasturi Metal Composite IPO shares is ₹10 per share, and the IPO price band is ₹61 to ₹64 per share. Retail investors can bid for a minimum of 2 lots of 4,000 shares worth ₹2,56,000. Scroll down to check the Kasturi Metal Composite IPO GMP and subscription details.

Kasturi Metal Composite IPO GMP Grey Market Premium

As mentioned earlier, the Kasturi Metal Composite IPO GMP currently stands at ₹0.00 per share. Thus, the estimated listing price would be at ₹70.00. This indicates that the estimated listing gain in this IPO could be 0.00%. Explore the table for Kasturi Metal Composite IPO GMP updates.

Note: GMP details are subject to change based on market conditions and fluctuations. Check the live Kasturi Metal Composite IPO GMP status at Univest.

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Kasturi Metal Composite IPO Subscription Status

As of now, the Kasturi Metal Composite IPO has been subscribed to 0.35 times. Of these, 0.13 times are subscribed by retail investors, 0.00 times by non-institutional investors, and 1.00 times by QII (Qualified Institutional Investors).  

The healthy subscription status indicates that investors are expecting higher returns at the time of Kasturi Metal Composite’s IPO listing on 3rd February 2026. Kasturi Metal Composite also has a positive outlook behind the fresh issue of 0.28 crore shares, which will raise around Rs 17.61 crores.

Note: GMP details are subject to change based on market conditions and fluctuations. Check the live Kasturi Metal Composite IPO Subscription status at Univest.

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Kasturi Metal Composite IPO Details

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

Explanation

Kasturi Metal Composite IPO: Kasturi Metal Composite IPO Limited has declared an issue price band of ₹61 to ₹64 per share. With this IPO, the company allows retail investors to bid for at least 2 lots of 4,000 shares, each worth ₹2,56,000. The face value of Kasturi Metal Composite IPO Limited shares is ₹10 per share. The shares of Kasturi Metal Composite IPO Limited will be listed on BSE and SME on its tentative listing day, 30th January 2026. Scroll down to check GMP updates and Kasturi Metal Composite IPO reviews. 

About Kasturi Metal Composite Ltd.

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. Look at the table to learn about 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 IPO Objectives

The primary aim of the Kasturi Metal Composite IPO is to raise ₹42.00 crores. On the other hand, Kasturi Metal Composite has decided to utilise these funds in different ways.

• To fund capital expenditure for establishing the Radiation Oncology Centre
• To General Corporate Expenses.

Kasturi Metal Composite IPO Registrar

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.

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Kasturi Metal Composite IPO Review

The Kasturi Metal Composite IPO has gained neutral ratings from industry experts, brokers, and institutional investors. 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.

Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we’re waiting for additional ratings to get a clearer picture and will keep posting them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Kasturi Metal Composite IPO or not.

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. 

FAQs on Kasturi Metal Composite IPO

What is the Kasturi Metal Composite IPO GMP?

Currently, on 27th January 2026, the Kasturi Metal Composite IPO GMP (Grey Market Premium) stands at ₹0. This indicates that the estimated listing price could be ₹64.00 per share.

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

The Kasturi Metal Composite IPO issue price band is set at ₹61.00 to ₹64.00 per share. Retail investors can apply for a minimum of 2 lots, each consisting of 4,000 shares, worth ₹2,56,000. Moreover, HNIs are required to bid for a minimum of 3 lots (6,000 shares) worth ₹3,84,000.

Who is the registrar of the Kasturi Metal Composite IPO?

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.

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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