Issue Price
₹64
Per Share
GMP
NIL
Grey Market
Est. Listing
₹64
Expected Price
Min. Application
₹256,000
2 lots × 2000 shares
Incorporated in 2005, Kasturi Metal Composite Limited is engaged in the manufacturing supply and export of steel fiber products for industrial applications.The company manufactures Steel Wool Fiber for brake pads and clutches, trades Durocrete PP Fibers, and offers concrete flooring solutions through Durafloor Concrete Solution LLP.The company markets Duraflex and Durabond products for industries like construction, mining, and automotive, offering solutions for tunnels, roads, bridges, and more, ensuring structural integrity and quality.The company operates three units in MIDC Amravati: Unit 1 for fine wire drawing, Units 2-3 for steel fibers and mild steel wire production, ensuring efficient operations and quality products.Products Portfolio:Duraflex Steel Fibers: High-strength fibers for tunnels, mines, and rock stabilization, enhancing ductility and load capacity.Industrial Flooring Fibers: Strengthen concrete in warehouses, factories, roads, and precast walls, improving crack resistance.Durabond Steel Wool Fiber: High thermal stability fibers, reinforcing structures, available in various grades for diverse applications.As on October 31, 2025, the company has employed 98 permanent full-time employees.Competitive Strengths:Strong Manufacturing CapabilitiesStrong portfolio and diverse range of Steel Fiber productsStringent quality control mechanism ensuring standardized product qualityEstablished relationships with customers across various geographical locationsExperienced Promoter and Strong Management Team Our company is led by individual promoters Samit Surend.
Kasturi Metal Composite Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 138,000 | — | ₹0.88 Cr | — |
| TOTAL | 2,752,000 | 100.00% | ₹17.61 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹128,000 |
| Retail (Max) | 13 | 26,000 | ₹1,664,000 |
| sNII (Min) | 14 | 28,000 | ₹1,792,000 |
| bNII (Min) | 68 | 136,000 | ₹8,704,000 |
| Particulars | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 32.29 | 57.22 | 50.20 |
| EBITDA | 4.80 | 5.69 | 5.40 |
| Profit After Tax (PAT) | 2.47 | 2.07 | 2.35 |
| Net Worth | 20.19 | 17.76 | 12.29 |
| Total Assets | 44.43 | 35.57 | 33.45 |
| Reserves & Surplus | 12.55 | 10.12 | 11.28 |
| Total Borrowings | 14.28 | 13.15 | 11.83 |