BSE List Price : ₹64.00

subscription

Category	Times
QIBs	0.04x
HNIs	39.23x
Retail	16.49x
Total : 17.82x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	2	4,000	₹256,000
Retail Maximum	2	4,000	₹256,000
S-HNI Minimum	3	6,000	₹384,000
S-HNI Maximum	7	14,000	₹896,000
B-HNI Minimum	8	16,000	₹1,024,000

About the Company

Established in 2005, Kasturi Metal Composite is engaged in the manufacturing and export of steel fibre products. The company offers a diverse product range that includes Loose Hook-End Steel Fibres, Glued Hook-End Steel Fibres, and Flat Crimped Steel Fibres, produced in multiple sizes to meet the requirements of fibre-reinforced concrete applications. In addition, it manufactures Steel Wool Fibres used in brake pads and clutches, and also trades Macro Synthetic PP Fibres marketed under the Durocrete brand.

The company markets its products primarily under the Duraflex and Durabond brands, serving a wide spectrum of industries such as construction, engineering, warehousing, logistics, mining, infrastructure, and automotive. Its manufacturing facilities are equipped with advanced machinery, including wire drawing machines, wet and dry wire systems, and specialised equipment designed for the production of high-quality steel fibre products.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2023	₹37.37	₹35.38	₹1.49	₹21.71
2024	₹50.20	₹46.84	₹2.35	₹33.45
2025	₹57.22	₹54.18	₹2.07	₹35.57
Sep 2025	₹32.29	₹28.56	₹2.47	₹44.43

Company Promoter

Samit Surendra Singhai

Akash Surendra Singhai

Surendra Fatechand Singhai

Lata Surendra Singhai

Know before investing

• • Strengths

  Well-established manufacturing capabilities with in-house integrated wire drawing and steel fibre manufacturing facilities.

  Comprehensive quality control systems in place to maintain consistent and standardized product quality.

• • Risks

  High dependence on a limited supplier base concentrated in certain geographies, which may adversely affect raw material availability.

  Lack of long-term agreements with suppliers may expose the company to fluctuations in raw material prices and potential supply constraints.

Objects of the Issue & Utilisation of proceeds

Funding the 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”).
General Corporate Purpose

Company  Address

Kasturi Metal Composite Ltd.
A30/3/1,
MIDC,
H. V. Nagar, Amravati,
Amravati, Maharashtra, 444605
Phone: +0721-2520293
Email: info@steelfiberindia.in
Website: http://www.steelfiberindia.in/

IPO Registrar

Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

IPO Review

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