Kasturi Metal Composite Limited was established in 2005 and specializes in the manufacturing, supply, and export of industrial steel fiber products. Its primary offerings include Steel Wool Fiber for brake pads and clutches, the trade of Durocrete PP Fibers, and comprehensive concrete flooring solutions delivered through its associate entity, Durafloor Concrete Solution LLP. The company markets its Duraflex and Durabond product lines to key industries such as construction, mining, and automotive, providing solutions that enhance the structural integrity of projects like tunnels, roads, and bridges.
Initial public offering (IPO) of Kasturi Metal Composite is scheduled to open for subscription on January 27, 2026, and will close on January 29, 2026. This Book Built Issue aims to raise approximately ₹17.61 crores, consisting entirely of a fresh issue of that amount, along with an offer for sale of up to [.] equity shares, each having a face value of ₹10.
The price band for the IPO has been set between ₹61 and ₹64 per share. The shares are expected to be listed on the BSE SME platform on February 3, 2026, with the allotment date tentatively fixed for January 30, 2026.
Financially, the company posted revenue of ₹57.22 crores in 2025, compared to ₹50.20 crores in 2024. Its profit for 2025 stood at ₹2.07 crores, down from the ₹2.35 crores reported in the previous year.
Kasturi Metal IPO Details
| IPO Date | January 27, 2026 to January 29, 2026 |
| Listing Date | Tue, Feb 3, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹61 to ₹64 |
| Lot Size | 2,000 Shares |
| Issue Size | Approx ₹17.61 Crores |
| Issue Type | Book building IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 76,43,212 shares |
| Share Holding Post Issue | 1,03,95,212 shares |
Kasturi Metal Composite IPO Dates
Initial public offering for Kasturi Metal Composite is scheduled to open on January 27 and conclude on January 29. The allotment of shares is set for January 30, with the subsequent listing on the stock exchange planned for February 3.
| IPO Open Date | Tue, Jan 27, 2026 |
| IPO Close Date | Thu, Jan 29, 2026 |
| Tentative Allotment | Fri, Jan 30, 2026 |
| Refunds | Mon, Feb 2, 2026 |
| Credit of Shares to Demat | Mon, Feb 2, 2026 |
| Tentative Listing Date | Tue, Feb 3, 2026 |
| UPI Mandate Confirmation Deadline | 5 PM on Thu, Jan 29, 2026 |
Kasturi Metal Composite IPO Market Lot
The minimum application for the Kasturi Metal Composite IPO is a market lot of 4,000 shares, requiring an investment amount of ₹2,56,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 4,000 | ₹2,56,000 |
| Retail Maximum | 2 | 4,000 | ₹2,56,000 |
| S-HNI Minimum | 3 | 6,000 | ₹3,84,000 |
| S-HNI Maximum | 7 | 14,000 | ₹8,96,000 |
| B-HNI Minimum | 8 | 16,000 | ₹10,24,000 |
