Kasturi Metal Composite IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Financial Analysis
| Metric | 2023 | 2024 | 2025 | Sep 2025 |
|---|---|---|---|---|
| Revenue | 37.37 | 50.20 | 57.22 | 32.29 |
| Expense | 35.38 | 46.84 | 54.18 | 28.56 |
| Profit (PAT) | 1.49 | 2.35 | 2.07 | 2.47 |
| Total Assets | 21.71 | 33.45 | 35.57 | 44.43 |
Promoters: Samit Surendra Singhai, Akash Surendra Singhai, Surendra Fatechand Singhai and Lata Surendra Singhai
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 76,43,212 | 92.35% |
| Promoter Holding Post Issue | 1,03,95,212 | 67.90% |
Strengths & Risks
- Strong institutional (QIB) demand — 4.0x.
- Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Kasturi Metal Composite, founded in 2005, has been involved in the manufacturing and exporting of steel fiber products. Its product portfolio consists of Loose Hook-End Steel Fiber, Glued Hook-End Steel Fiber, and Flat Crimped Steel Fiber, available in various sizes for fiber-reinforced concrete applications. Moreover, the company also manufactures Steel Wool Fiber for brake pads and clutches, and trades Macro Synthetic PP Fibers under the Durocrete brand. The firm mostly promotes its products under the brands Duraflex and Durabond to cater to various industries, including construction, engineering, warehousing, logistics, mining, infrastructure, and automotive. Its manufacturing units consist of high-tech machines like wire drawing machines, wet and dry wire systems, and special equipment to manufacture steel fibre products.
Kasturi Metal Composite Ltd., A30/3/1,, MIDC,, H. V. Nagar, Amravati,, Amravati, Maharashtra, 444605
| Purpose | Amount (Cr) |
|---|---|
| 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 |
| General Corporate Purpose | - |
Resources & Documents
Kasturi Metal Composite has set a price band of Rs 61–Rs 64 per share for an issue size of Rs 18 crore in the metals & composites sector. The stock listed with a 1.31% discount versus its issue price on February 03, 2026.
Kasturi Metal Composite, founded in 2005, has been involved in the manufacturing and exporting of steel fiber products. Its product portfolio consists of Loose Hook-End Steel Fiber, Glued Hook-End Steel Fiber, and Flat Crimped Steel Fiber, available in various sizes for fiber-reinforced concrete applications. The company operates in the metals & composites space.
The issue is promoted by Samit Surendra Singhai, Akash Surendra Singhai, Surendra Fatechand Singhai and Lata Surendra Singhai with Hem Securities Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding the capital expenditure towards, mechanical and electrical works, interior work and procurement of plant and mac… (Rs 13 crore) and General Corporate Purpose.
On fundamentals, the company is posting revenue growth of 14.0%, a profit margin of 3.6%, return on equity of 13.8% in its most recent reported period.
On our data-signal score, the combined signals for this issue currently read mixed — some indicators read positively and others do not. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Kasturi Metal Composite IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed.
See the full Kasturi Metal Composite GMP history and trend, or learn how grey market premium works and how reliable it is.
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