How to Check Kasturi Metal Composite IPO Allotment Status

Kasturi Metal Composite Limited is engaged in the manufacturing supply and export of steel fiber products for industrial applications. The company was incorporated in 2005.

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 includes 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), and 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. As of September 30, 2025, Kasturi Metal Composite had total assets of ₹44.43 crore.

The Kasturi Metal Composite IPO came with a total issue size of ₹17.61 crore, comprising entirely a fresh issue of ₹17.61 crore. The IPO opened on January 27, 2026, and closed on January 29, 2026. The allotment is expected on Friday, January 30, 2026. The share price band was set at ₹61 to ₹64 per share.

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Steps to Check Kasturi Metal Composite IPO Allotment Status on Registrar Site

• Visit the Maashitla Securities Pvt. Ltd. 
• Select "Kasturi Metal Composite" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Kasturi Metal Composite IPO Allotment Status on BSE

• Navigate to the BSE IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Kasturi Metal Composite" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Kasturi Metal Composite IPO received solid investor interest, being subscribed 17.75 times overall. Below is the detailed subscription status as of 5:19:55 PM on January 29, 2026.

Kasturi Metal Composite IPO Subscription Status

Category-wise final subscription:
QIB Category (Ex Anchor): 4.00 times
Non-Institutional Investors (NII): 38.88 times
Retail Investors: 16.49 times

Kasturi Metal Composite IPO Share Price and Investment Details

The minimum investment required was ₹2,56,000 for 2 lots (4,000 shares). The issue raised ₹5.00 crore from anchor investors. Given the overall subscription of 17.75 times, with strong NII and retail participation and steady institutional demand, the IPO is expected to list at a premium.

Utilisation of IPO Proceeds

The proceeds will be utilized for funding capital expenditure towards mechanical and electrical works, interior work, and procurement of plant and machinery for setting up a new manufacturing facility at Amravati, Maharashtra (Proposed Unit IV) amounting to ₹13.29 crore, along with general corporate purposes.

Business Overview

Kasturi Metal Composite Limited is engaged in the manufacturing of steel fiber products for industrial applications. The company caters to domestic markets and also derives revenue from exports. It has reported growth in revenue over the reported periods.

The company maintains financial metrics with a 13.80% ROE and a debt-equity ratio of 0.74, reflecting moderate leverage and steady operational performance.