Kasturi Metal IPO Listing Today: IPO Flat at ₹64, Subscribed 17.75x

Posted by : sachet | Tue Feb 03 2026

Kasturi Metal IPO Listing Today: The Kasturi Metal IPO was subscribed 17.75 times at the time of its closing. In this subscription, qualified institutional buyers (QIBs) received 4.00 times, and non-institutional investors (NIIs) received 38.88 times. The retail quota of the issue was subscribed to 33.28%. Before delving deeper into the topic, go through the details of the Kasturi Metal IPO.

Table of Contents

Kasturi Metal IPO

It is a bookbuilding IPO of ₹17.61 crore, comprising 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 Kasturi Metal IPO date is scheduled from 27th January 2026 to 29th January 2026. The face value of Kasturi Metal shares stands at ₹10 per share, and the IPO Issue price band is set at ₹61 to ₹64 per share

IPO Allotment Date	3rd February 2026
IPO Open Date	27th January 2026
IPO Close Date	29th January 2026
Refund Initiation	2nd February 2026
Issue Size	27,52,000 shares(agg. up to ₹18 Cr)
Face Value	₹10 per share
Lot Size	2,000 Shares
Issue Price	₹61 to ₹64 per share
Issue Type	Bookbuilding IPO
Listing At	BSE SME
Listing Date	3rd February 2026

Kasturi Metal Listing

On the BSE & SME platforms, Kasturi Metal shares are listed at a flat over the issue price of ₹64 per share.

About the Kasturi Metal IPO

Kasturi Metal Limited was established in the year 2005 at Navi Mumbai (Maharashtra, India). Kasturi Metals (P) Ltd. is a private limited company engaged in manufacturing, trading, and exporting a premium-quality range of steel fibre hook ends, steel fibre for flooring and roads, polypropylene fibres, steel wool fibres, steel fibre for tunnel shotcreting, flat crimped steel fibre, etc. The dynamic personality of our mentor, “Akash Singhai (Director-Technical), has helped us in maintaining our position in the industry. Our products are well known in the market with the brand names “Duraflex™ Steel Fibre,” “DURAflex Ultra,” and “DUROCrete.” We are exporting our products to the Middle East, Latin America, Europe, and the Asia Pacific. We also offer warehouse flooring service to our clients.

Kasturi Metal Limited Financials

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

Year Ended	30th Sep 2025 (in cr.)	31st March 2025 (in cr.)	31st March 2024 (in cr.)	31st March 2023 (in cr.)
Assets	104.58	99.29	89.97	92.14
Revenue	42.75	77.90	63.63	54.90
Profit After Tax	5.12	7.21	4.07	1.01
EBITDA	11.65	20.52	17.98	16.38
Net Worth	53.22	48.93	43.93	34.15
Reserves and Surplus	40.36	35.24	29.02	18.20
Total Borrowings	31.64	33.58	31.39	42.95

Explanation

Kasturi Metal Limited’s revenue increased by 51.70% from ₹63.63 crores in March 2024 to ₹77.90 crores in March 2025. Moreover, the company’s PAT increased by 41.52% from ₹4.70 crores in March 2024 to ₹7.21 crores in March 2025.