Krupalu Metals Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Krupalu Metals Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹72
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,15,200
Issue Size
₹13.48 Cr
Face Value
₹10
Per ShareIPO Type
Fixed Price - SME
Retail Quota
50.05%
QIB Quota
0%
NII Quota
49.95%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Krupalu Metals Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
58.22%
Promoter Holding (Post-Issue)
39.66%
Issue Type
Fixed Price - SME
ISIN
INE0XZB01017
About the Company
Krupalu Metals Limited is engaged in the manufacturing of wide range of brass and copper products. The company specializes in producing brass and copper sheets and strips, metal components, and providing various job work services. These metal components include cutting components, inserts, pipe fittings, profiles, terminals, electrical components, bus bars, and many other customized products. In addition to its manufacturing capabilities, the company also trades raw materials, ensuring that it has access to a diverse range of metal products to meet the specific requirements of its customers across different industries. The factory and registered office of the company is situated at Plot No. 4345, GIDC Phase-III, Dared Udhyognagar, Jamnagar, Gujarat, India, 361009.
Industry Overview
Manufacturing is emerging as an integral pillar in the country's economic growth, thanks to the performance of key sectors like automotive, engineering, chemicals, pharmaceuticals, and consumer durables. The Indian manufacturing industry generated 16-17% of India's GDP pre-pandemic and is projected to be one of the fastest growing sectors. With 17% of the nation's GDP and over 27.3 million workers, the manufacturing sector plays a significant role in the Indian economy. Through the implementation of different programmes and policies, the Indian government hopes to have 25% of the economy's output come from manufacturing by 2025. India's Capital Goods manufacturing industry serves as a strong base for its engagement across sectors such as Engineering, Construction, Infrastructure and Consumer goods, amongst others. The engineering sector is the largest of the industrial sectors in India. It accounts for 27% of the total factories in the industrial sector and represents 63% of the overall foreign collaborations. Demand for engineering sector services is being driven by capacity expansion in industries like infrastructure, electricity, mining, oil and gas, refinery, steel, automobiles, and consumer durables.
Company History
Krupalu Metals Limited was originally incorporated as a Private Limited Company in the name of "Krupalu Engineering Services Private Limited" on March 05, 2009 under the provisions of the Companies Act, 1956 bearing Corporate Identification Number U29190GJ2009PTC056265 issued by Assistant Registrar of Companies - Gujarat, Dadra and Nagar Havelli. Subsequently the name of the company was changed to "Krupalu Metals Private Limited" vide a fresh Certificate of Incorporation consequent upon name change of the Company dated September 16, 2011 bearing Corporate Identification Number U27205GJ2009PTC056265 issued by Registrar of Companies - Gujarat, Dadra and Nagar Havelli. Subsequently, the company gets converted into Public Limited Company under the Companies Act, 2013 and the name of the Company was changed to "Krupalu Metals Limited" vide a fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company dated June 20, 2024 bearing Corporate Identification Number U27205GJ2009PLC056265 issued by Central Processing Centre.
Products & Services
- Krupalu Metals Limited is engaged in the manufacturing of wide range of brass and copper products.
Growth Strategy
- Expand our Product Range
- Increasing Geographical Presence.
- Competitive Pricing.
- Competitive Strength.
- Competitive Strength.
- Continue to build client relationship and trust.
- Improving functional efficiency and Optimal Utilization of Resources.
- To build-up professional organisation.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of 18,72,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Krupalu Metals Limited (the "Company" or the "Issuer") for cash at a price of Rs. 72/- per equity share, including a share premium of Rs. 62/- per equity share (the "Issue Price"), aggregating to Rs. 13.48 crores ("the Issue"), of which 94,400 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 72/- per equity share, aggregating to Rs. 0.68 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 17,77,600 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 72/- per equity share, aggregating to Rs. 12.80 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 31.88 % and 30.27 % respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 72/- each i.e., 7.2 times of the face value of the equity shares. the minimum lot size is 1,600 equity shares.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Experienced promoters having deep knowledge to scale up the business.
- Established and proven track record.
- Leveraging the experience of our Promoters.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with our customers.
- Our Company, Directors, Promoters and Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on our business, results of operations and financial condition.
- If we are unable to successfully implement our proposed expansion plans; our results of operations and financial condition could be adversely affected.
- Our Company is yet to place orders for purchase of plant and machinery. Any delay in placing orders or procurement of such plant and machinery may delay the schedule of implementation and possibly increase the cost of commencing operations.
- We derive a significant portion of our revenue from the sale of Sheets (Brass & Copper) and any reduction in demand or in the manufacturing of such product could have an adverse effect on our business, results of operations and financial condition.
- The capacity expansion for the manufacturing of Brass & Copper Sheets is based on the expected domestic demand in India, with no confirmed order book for the additional production, and our sales are concentrated primarily in India, making us vulnerable to market fluctuations, regulatory changes, and economic downturns