Kasturi Metal Composite IPO
Kasturi Metal Composite IPO is a book building issue of ₹17.61 cr, which is entirely a fresh issue of shares. The price band for this IPO is set at ₹61 to ₹64 per share, with a lot size for an application is 2,000. The minimum amount of investment required by an individual investor to invest is ₹2,56,000 (4,000 shares). This IPO will open for subscription on the BSE SME platform from January 27, 2026 to January 29, 2026 with a tentative listing date fixed as Feb 3, 2026.
Company Background
Kasturi Metal Composite Ltd., founded in 2005, is a premier manufacturer and exporter of specialized steel fiber products for the construction, mining and automotive sectors. This company operates 3 advanced units in MIDC Amravati, the company produces high-strength brands like Duraflex and Durabond, essential for reinforcing tunnels, bridges and brake pads. As a versatile player in structural integrity, Kasturi combines strong manufacturing with stringent quality control. This company led by promoter Samit Surendra, the firm leverages a diverse portfolio and established global customer relationships to drive industrial innovation.
