Kasturi Metal Composite SME IPO
Kasturi Metal Composite IPO — date, price band, GMP & allotment 2026
Kasturi Metal Composite’s IPO raised about ₹17.6 cr to expand its steel fibre manufacturing unit. Hannah Joseph Hospital’s IPO offered shares at ₹67–70 to fund healthcare growth and new facilities. Shayona Engineering’s issue saw strong subscription for its precision engineering business. Digilogic Systems listed its SME IPO for defence and aerospace tech. KRM Ayurveda and Aritas Vinyl also opened SME IPOs for business expansion in herbal products and vinyl solutions respectively.
Stock price
Kasturi Metal Composite is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 11 September.
- Open 27 Jan 2026
- Close 29 Jan 2026
- Allotment 30 Jan 2026
- Refund/credit 02 Feb 2026
- Listing 03 Feb 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 27 to 29 Jan, 2026 |
|---|---|
| Price Band | ₹61 – ₹64 |
| Face Value | ₹₹10 |
| Lot Size | 2000 Shares |
| Issue Size | ₹18 Cr. Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE SME |
| Registrar | Bigshare Services Private Limited |
| Min Investment | ₹ 2,56,000 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 2000 shares at the ₹64 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 4,000 | ₹2,56,000 |
| Retail (max) | 2 | 4,000 | ₹2,56,000 |
| HNI (min) | 3 | 6,000 | ₹3,84,000 |
Three years of numbers
All figures in ₹ crore, as reported in the Kasturi Metal Composite offer document.
| Metric | 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 |
See how this IPO compares — view listing performance of all SME IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Kasturi Metal Composite RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Kasturi Metal Composite IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹4.75 |
| P/E Ratio (x) | 13.47 |
| Market Cap at Offer Price (₹ Cr) | ₹33.28 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹64 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹13.29 Cr of the issue is earmarked to named objects.
About the company
The company is promoted by experienced professionals with strong domain knowledge in metal processing and composite materials. Its business model is primarily B2B, supplying customised products to industrial clients based on specific requirements. Kasturi Metal Composite emphasises quality control, long-term client relationships, and operational efficiency, which has helped it expand its footprint across domestic markets while also exploring opportunities in select international regions.
Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.
+0721-2520293
The bankers & the filings
Who is running the book, and the documents this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Hem Securities Ltd.
13 issues handledBest listing: Credent Connect N Care (+90.0%). Weakest: E to E Transportation Infrastructure (0.0%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Kasturi Metal Composite?
The current Grey Market Premium is ₹0.
What is the Kasturi Metal Composite IPO price band?
₹61 to ₹64, on a face value of ₹₹10.
When is the allotment?
The basis of allotment is 30 January 2026, with listing on 3 February 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — Bigshare Services Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
