Kasturi Metal Composite IPO Subscription Status
Kasturi Metal Composite IPO was subscribed 16.57 times when bidding closed on 29 Jan 2026: QIB 4x, NII 29.06x, Retail 16.49x.
The Kasturi Metal Composite IPO has been subscribed 16.57x times overall. Retail investors have shown interest with bids for 16.49x the shares available. The Non-Institutional Investor (NII) category has been subscribed 29.06x. Qualified Institutional Buyers (QIBs) have subscribed 4x. Data last updated on 25 Aug, 12:55 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 27 Jan, 2026 and closes on 29 Jan, 2026. The shares are expected to list on stock exchanges on 03 Feb, 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | 20,86,000 of 5,22,000 | 4x |
| NII | 1,54,58,000 of 5,32,000 | 29.06x |
| Retail | 1,51,08,000 of 9,16,000 | 16.49x |
| TOTAL | 3,26,52,000 | 16.57x |
Application-wise breakup (estimated)
Approximate application counts — the exchanges don't publish these during bidding. Estimated from shares bid using the typical application size seen in recent IPOs' Basis of Allotment data. Final counts appear here once the Basis of Allotment is out.
| Category | Est. Applied | Times | |
|---|---|---|---|
| Retail max 437 | 3,738 | 8.55x | |
| TOTAL (EST.) | 3,738 |
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 6.1% for a single lot.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
29 Jan 2026
Day 3 |
2.57x | ▼ | |
|
QIB4.00x
NII1.86x
Retail2.17x
|
|||
|
28 Jan 2026
Day 2 |
1.74x | ▼ | |
|
QIB4.00x
NII0.62x
Retail1.10x
|
|||
|
27 Jan 2026
Day 1 |
0.97x | ▼ | |
|
QIB3.00x
NII0.27x
Retail0.23x
|
|||
Kasturi Metal Composite SME IPO dates
From the bidding window to listing. Today is 13 October.
- Open 27 Jan 2026
- Close 29 Jan 2026
- Allotment 30 Jan 2026
- Refund/credit 02 Feb 2026
- Listing 03 Feb 2026
Kasturi Metal Composite IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Kasturi Metal Composite IPO?
As of IPO close date (29 Jan, 2026), the Kasturi Metal Composite IPO is subscribed 16.57x times. Retail category is 16.49x, and NII is 29.06x subscribed.
When is the allotment date for Kasturi Metal Composite IPO?
The allotment for Kasturi Metal Composite IPO is expected to be finalized on 30 January, 2026.
When will Kasturi Metal Composite IPO list on the stock market?
Kasturi Metal Composite is scheduled to list on BSE and NSE on 03 February, 2026.
What are the chances of getting allotment in Kasturi Metal Composite IPO?
The retail category is oversubscribed at 16.49x, meaning allotment is by lottery. Statistically, approximately 1 in 17 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 4x mean for Kasturi Metal Composite IPO?
Moderate — QIBs have subscribed 4x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check Kasturi Metal Composite IPO allotment status?
After the allotment date (30 Jan, 2026), you can check your Kasturi Metal Composite IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Kasturi Metal Composite SME IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
