Kasturi Metal Composite IPO GMP Status Today

Kasturi Metal Composite IPO is an SME IPO through which the company aims to raise ₹17.61 crore by issuing 27,52,000 equity shares. The IPO consists entirely of a fresh issue of 27,52,000 shares, with no offer for sale (OFS) component.

The IPO will open for subscription on Tuesday, January 27, 2026, and will close on Thursday, January 29, 2026. The shares are proposed to be listed on the BSE SME platform. Hem Securities Ltd is the book running lead manager for the issue, while Bigshare Services Pvt Ltd is acting as the registrar.

Kasturi Metal Composite IPO Key Dates

• IPO Open Date: January 27, 2026
• IPO Close Date: January 29, 2026
• Basis of Allotment: January 30, 2026
• Initiation of Refunds: February 2, 2026
• Credit of Shares to Demat Account: February 2, 2026
• IPO Listing Date: February 3, 2026
• UPI Mandate Cut-off Time: January 29, 2026 at 5:00 PM

Kasturi Metal Composite IPO Price Band & Lot Size

• Face Value: ₹10 per share
• Price Band: ₹61 to ₹64 per share
• Lot Size: 2,000 shares
• Issue Type: Book-built issue

Investment Amount (at cut-off price ₹64):

• Retail Investors: Minimum 2 lots (4,000 shares) – ₹2,56,000
• sHNI: Minimum 3 lots (6,000 shares) – ₹3,84,000
• bHNI: Minimum 8 lots (16,000 shares) – ₹10,24,000

Kasturi Metal Composite IPO GMP (Grey Market Premium)

The Kasturi Metal Composite IPO is currently trading at zero premium in the grey market.

• Current GMP: ₹0
• Estimated Listing Price: ₹64 per share
• Expected Listing Gain/Loss: Nil (0.00%)

Based on the latest GMP trend, the stock is expected to list around its issue price. Investors should note that the grey market is unregulated, and GMP should not be considered a guaranteed indicator of listing performance.

Kasturi Metal Composite IPO GMP Trend

The GMP has remained flat at ₹0 from January 20 to January 27, 2026, indicating a neutral sentiment in the unofficial market. The estimated listing price throughout this period has remained at ₹64 per share, with no expected gain or loss.

Kasturi Metal Composite IPO Share Reservation

Out of the total 27,52,000 shares, the allocation is as follows:

• Retail Investors: 9,16,000 shares (33.28%)
• Non-Institutional Investors (NII/HNI): 3,94,000 shares (14.32%)
• Qualified Institutional Buyers (QIB): 13,04,000 shares (47.38%)
• Market Maker (Hem Finlease Pvt Ltd): 1,38,000 shares (5.01%)
  

About Kasturi Metal Composite Limited

Established in 2005 and headquartered in Amravati, Maharashtra, Kasturi Metal Composite Limited is engaged in the manufacturing and export of steel fibre products used in fibre-reinforced concrete. These products are widely applied in industrial flooring, infrastructure, and construction projects.

The company manufactures loose hook-end, glued hook-end, and flat crimped steel fibres, along with steel wool fibres used in brake pads and clutch linings. Kasturi operates three manufacturing units located in MIDC Amravati and caters to sectors such as construction, mining, warehousing, automotive, hydroelectric projects, tunnels, highways, and bridges. Its products enhance concrete strength, durability, and resistance to cracking.