Kasturi Metal Composite Limited
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Following its successful public offering, Kasturi Metal Composite Limited's made its market debut on Feb 03, 2026 and is now actively traded on the BSEplatform. The IPO mobilized 27,52,000 Shares in total capital, including 27,52,000 Shares in primary equity infusion.
The offering was structured with a price band of ₹61 to ₹64 and minimum investment lots of 2000 shares. Investor participation during the subscription window from Jan 27, 2026 to Jan 29, 2026 demonstrated market confidence in the company's prospects.
The allotment process concluded on Jan 30, 2026, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2005, Kasturi Metal Composite Limited is engaged in the manufacturing, supply, and export of steel fiber products for industrial applications, primarily serving construction, mining, automotive, and infrastructure sectors. The company manufactures steel wool fiber used in brake pads and clutches, trades Durocrete PP fibers, and provides concrete flooring solutions through its associate entity, Durafloor Concrete Solution LLP. It markets its products under the Duraflex and Durabond brands, offering solutions for tunnels, roads, bridges, mining, industrial flooring, and structural reinforcement to enhance durability, ductility, and load-bearing capacity. Kasturi Metal Composite operates three manufacturing units at MIDC Amravati, with one unit dedicated to fine wire drawing and two units focused on steel fiber and mild steel wire production, ensuring efficient operations and consistent product quality, and as of October 31, 2025, the company employed 98 permanent full-time employees.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Integrated Manufacturing Capabilities: In-house wire drawing and steel fiber production ensure better control and efficiency.
- Diverse Steel Fiber Portfolio: Serves infrastructure, mining, and automotive sectors.
- Strong Quality Control: Robust processes ensure consistent and standardized product quality.
- Supplier Concentration Risk: Dependence on a few suppliers in limited regions may disrupt raw material supply.
- Customer Concentration Risk: A large share of revenue comes from a small number of customers.
- No Long-Term Supplier Contracts: Lack of fixed contracts increases exposure to price volatility and supply shortages.
- Samit Surendra Singhai
- Akash Surendra Singhai
- Surendra Fatechand Singhai
- Lata Surendra Singhai
Kasturi Metal Composite Limited
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