ListedSMESteel & Iron ProductsKASTURI

Kasturi Metal Composite IPO

Kasturi Metal Composite IPO is an SME IPO raising ₹18 Cr at ₹61 – ₹64 a share. It listed on 3 Feb 2026 at ₹64, 0.0% against its issue price of ₹64, and trades at ₹52 today (−18.7% since issue). It was subscribed 18× in total.

64
Issue price
52
Price now
−18.7%
Since issue price
3 Feb 2026
Listed on
18×Subscribed (final) · all exchanges

17.5 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹61 – ₹64
Cut-off price₹64
Issue size₹18 Cr
Shares per lot2000
Minimum application₹1,28,000
Minimum quantity4000
Face value₹10
Listing exchangesBSE
ISININE0T1301023
Bidding hours10:00 – 17:00 IST
Bidding window27 Jan 2026 – 29 Jan 2026
SME
What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.