GMP IPO Watch
Kasturi Metal IPO: Reinforcing India’s Infrastructure with Specialized Steel Fibers?
Kasturi Metal Composite Limited, an Amravati-based manufacturer of steel fibers and steel ...
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K
SME IPO
LISTED
NSE, BSE
KASTURIMETALCOMPOSITE
Kasturi Metal IPO
Kasturi Metal IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹0
+0.0%
Est. Listing: ₹64.00
Price Band
₹61 - ₹64
Per equity share
Lot Size
2000 Shares
Min Invest: ₹2,56,000
Issue Size
₹64 Cr
Total Public Offering
Issue Dates
26 January 2026 – 28 January 2026
Bidding period
Subscription
—
Total overall demand
Kasturi Metal IPO Details
Key facts at a glance| IPO Open Date | 26 January 2026 | IPO Close Date | 28 January 2026 |
|---|---|---|---|
| Basis of Allotment | TBA | Listing Date | 2 February 2026 |
| Price Band | ₹61 - ₹64 per share | Face Value | ₹10 per share |
| Market Lot Size | 2000 Shares | Min Investment (Retail) | ₹2,56,000 |
| Total Issue Size | ₹64 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
Kasturi Metal IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 26 January 2026 | Confirmed |
| IPO Close Date | 28 January 2026 | Confirmed |
| Basis of Allotment | TBA | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 2 February 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Kasturi Metal IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 4,000 Shares | ₹2,56,000 |
| Retail (Max) | 2 Lots | 4,000 Shares | ₹2,56,000 |
| S-HNI (Min) | 3 Lots | 6,000 Shares | ₹3,84,000 |
| S-HNI (Max) | 7 Lots | 14,000 Shares | ₹8,96,000 |
| B-HNI (Min) | 8 Lots | 16,000 Shares | ₹10,24,000 |
Kasturi Metal IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹0 +0.0%
Estimated Listing Price
₹64.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 3 Feb 2026 | ₹0 | ₹64.00 | +0.00% |
| 2 Feb 2026 | ₹2 | ₹66.00 | +3.13% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Kasturi Metal IPO Subscription Status
Demand breakdown by investor category
Retail
—
QIB
—
NII / HNI
—
Total
—
About Kasturi Metal
Kasturi Metal Composite IPO Market Lot Details
| Application | Lot Size | Shares | Amount (₹) |
|---|---|---|---|
| Retail Minimum | 2 | 4,000 | 2,56,000 |
| Retail Maximum | 2 | 4,000 | 2,56,000 |
| S‑HNI Minimum | 3 | 6,000 | 3,84,000 |
| S‑HNI Maximum | 7 | 14,000 | 8,96,000 |
| B‑HNI Minimum | 8 | 16,000 | 10,24,000 |
Kasturi Metal IPO Reservation & Share Quotas
| Investor Category | Shares Offered | Percentage (%) |
|---|---|---|
| Anchor Investors | 7,82,000 | 28.42% |
| QIB (Ex‑Anchor) | 5,22,000 | 18.97% |
| NII | 3,94,000 | 14.32% |
| Retail | 9,16,000 | 33.28% |
Kasturi Metal IPO Important Dates
Kasturi Metal IPO Important Dates
| IPO Open Date | January 27, 2026 |
| IPO Close Date | January 29, 2026 |
| Basis of Allotment | January 30, 2026 |
| Refunds Initiation | February 2, 2026 |
| Credit to Demat Account | February 2, 2026 |
| IPO Listing Date | February 3, 2026 |
| IPO Bidding Cut‑off Time | January 29, 2026 – 5 PM |
Kasturi Metal Objects of the Issue & Utilisation of Proceeds
Kasturi Metal Objects of the Issue & Utilisation of Proceeds
| Purpose | Amount (₹ Cr) |
|---|---|
| Funding capital expenditure towards mechanical & electrical works, interior work and procurement of plant & machinery for setting up a new manufacturing facility at Amravati, Maharashtra (Proposed Unit IV) | 13.29 |
| General Corporate Purpose | – |
Kasturi Metal Company Financial Report
Kasturi Metal Company Valuation & Key Performance Indicators
Kasturi Metal Peer Group Comparison
Kasturi Metal Peer Group Comparison
- There are no listed companies in India.
Kasturi Metal Lead Managers & Merchant Bankers
- Hem Securities Ltd.
Kasturi Metal IPO FAQs
Kasturi Metal IPO opens for subscription on 26 January 2026 and closes on 28 January 2026.
The price band for Kasturi Metal IPO is set at ₹61.00 to ₹64.00 per share.
The minimum market lot size is 2000 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 4,000 Shares (₹2,56,000).
The latest Grey Market Premium (GMP) for Kasturi Metal IPO is ₹0.00. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Kasturi Metal IPO is tentatively scheduled for TBA, and shares are expected to list on the stock exchanges on 2 February 2026.
The registrar details will be confirmed in the official prospectus.
Kasturi Metal IPO Analysis & Articles
