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Open
27 Jan 2026
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Close
29 Jan 2026
3
Allotment
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Listing
Tue, Feb 3, 2026
Price Band
₹61 to ₹64
Issue Size
27,52,000 shares (agg. up to ₹18 Cr)
Lot Size
2,000 Shares
Listing Date
Tue, Feb 3, 2026
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
03-02-2026₹0Est. ₹64+0%
02-02-2026₹0Est. ₹64+0%
01-02-2026₹2Est. ₹66+3.12%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 12.92x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 44.43 | 35.57 | 33.45 | 21.71 |
| Total Income | 32.29 | 57.22 | 50.20 | 37.37 |
| Profit After Tax | 2.47 | 2.07 | 2.35 | 1.49 |
| EBITDA | 4.80 | 5.69 | 5.40 | 3.97 |
| NET Worth | 20.19 | 17.76 | 12.29 | 7.03 |
| Reserves and Surplus | 12.55 | 10.12 | 11.28 | 6.24 |
| Total Borrowing | 14.28 | 13.15 | 11.83 | 9.78 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shri Kanha Stainless Ltd. | SME | ₹46.28 Cr | ₹90 | 16.23 | ₹83.60 | -7.11% | ₹24.25 (-1.02%) |
| Mittal Sections Ltd. | SME | ₹52.91 Cr | ₹143 | 31.15 | ₹108.70 | -23.99% | ₹29.10 (+3.93%) |
| M P K Steels (I) Ltd. | SME | ₹25.74 Cr | ₹79 | 9.04 | ₹83.50 | +5.70% | ₹118.90 (+0.76%) |
| P S Raj Steels Ltd. | SME | ₹28.28 Cr | ₹140 | 12.14 | ₹150.60 | +7.57% | ₹417.90 (+4.47%) |
| VMS TMT Ltd. | Mainboard | ₹148.50 Cr | ₹99 | 22.24 | ₹99.65 | +0.66% | ₹45.12 (-1.51%) |
| Sambhv Steel Tubes Ltd. | Mainboard | ₹540.00 Cr | ₹82 | 23.97 | ₹97.59 | +19.01% | ₹118.96 (-1.66%) |
| Scoda Tubes Ltd. | Mainboard | ₹220.00 Cr | ₹140 | 33.81 | ₹147.00 | +5.00% | ₹144.65 (-0.31%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the capital expenditure towards, mechanical and electrical works, interior work and procurement of plant and machinery for setting up a new manufacturing facility at Amravati, Maharashtra (Proposed Unit IV) | 13.29 |
| 2 | General Corporate Purposes | 1.89 |
| 3 | Issue Expenses | 2.43 |
| Total | 17.61 |
About Kasturi Metal Composite IPO
Incorporated 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 stabilization, 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 on October 31, 2025, the company has employed 98
Contact Details
Kasturi Metal Composite Ltd. AddressA30/3/1, MIDCH.V.Nagar,Amravati, Maharashtra, 444605+0721-2520293info@steelfiberindia.inVisit Website