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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Kasturi Metal Composite Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹64
Per ShareLot Size
2000 Shares
Minimum Investment
₹1,28,000
Issue Size
₹17.61 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.04%
QIB Quota
49.89%
NII Quota
15.07%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
92.35%
Promoter Holding (Post-Issue)
67.9%
Issue Type
Book Building - SME
ISIN
INE0T1301023
Established in 2005, the company specializes in manufacturing steel fiber products for industrial applications. Its portfolio includes Loose Hook-End, Glued Hook-End, and Flat Crimped Steel Fibers, along with Steel Wool Fiber. Operating under Duraflex, Durabond, and Durocrete brands, it serves construction, engineering, automotive, and infrastructure sectors. Its subsidiary, Durafloor Concrete Solution LLP, provides specialized flooring solutions. With 20 years of experience, the company supplies critical materials for tunnel shotcrete, precast concrete, industrial flooring, road construction, and automotive friction linings, consistently delivering quality and value across diverse industries.
India's economy grew by 6.5% in FY25, supported by a strong 7.4% growth rate in Q4 FY25, leading the RBI to revise India's GDP growth forecast for FY26 upward to 6.8%. India's strong external sector outlook, rising employment, and improved FDI ranking 15th globally in 2024 and highest in South Asia reflect positive economic momentum. The government's growthfocused approach is evident from capital expenditure of Rs.15,02,000 crore in H1 FY25 and a 10% increase to Rs.11,21,000 crore in the FY26 Union Budget. Rising exports, easing port congestion, improved tax compliance, and moderating inflation further support infrastructure-led growth.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of upto 27,52,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Kasturi Metal Composite Limited ("the Company" or "the Issuer") at an issue price of Rs. 64 per equity share (including share premium of Rs. 54 per equity share) for cash, aggregating up to 17.61 crores ("Public Issue") out of which 1,38,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 64 per equity share for cash, aggregating Rs. 0.88 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 26,14,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 64 per equity share for cash, aggregating upto Rs. 16.73 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.47 % and 25.15% respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs. 64 per equity share of face value Rs. 10/- each. The floor price is 6.4 times of the face value of the equity shares. Bids can be made for a minimum of 4000 equity shares and in multiples of 2000 equity shares thereafter..
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
The Company was originally incorporated as a Private Limited Company under the name "Kasturi Metal Composite Private Limited" on November 24, 2005 bearing CIN: U28900MH2005PTC157553 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Mumbai. Subsequently, pursuant to Special Resolution passed by the shareholders at the Extra Ordinary General Meeting held on December 26, 2023 the company was converted into a Public Limited Company and consequently the name of the Company was changed from "Kasturi Metal Composite Private Limited" to "Kasturi Metal Composite Limited" vide a fresh Certificate of Incorporation dated March 19, 2024 issued by the Registrar of Companies, Central Processing Centre, bearing CIN U65465MH2005PLC157553.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.