The SME IPO segment continues to show steady momentum in late January 2026, especially among manufacturing and metal-based companies. Kasturi Metal Composite IPO is one such upcoming issue, with investors closely watching the Kasturi Metal Composite IPO GMP to gauge early market sentiment ahead of its BSE SME listing.
This short update highlights the IPO’s key details, price band, timeline, GMP status, and investor considerations.
Kasturi Metal Composite IPO Overview
Kasturi Metal Composite IPO is a book-built SME issue worth ₹17.61 crore, comprising a 100% fresh issue of around 28.14 lakh equity shares. The company plans to utilize the proceeds for capacity expansion, working capital requirements, and overall business growth in the metal composite manufacturing segment.
Key Highlights
Issue Size: ₹17.61 crore
Fresh Issue: ~28,14,000 shares
Issue Type: Book Built
Listing Platform: BSE SME
Important Dates
IPO Opens: January 27, 2026
IPO Closes: January 29, 2026
Allotment (Expected): January 30, 2026
Refunds: January 31 / February 2, 2026
Tentative Listing: February 3, 2026
Price Band & Lot Size
The IPO price band is fixed at ₹61 to ₹64 per share.
Lot Size: 2,000 shares
Retail Minimum: 2 lots (4,000 shares)
Retail Investment: ₹2,56,000 (at upper price band)
HNI Minimum: 3 lots (6,000 shares) – ₹3,84,000
Kasturi Metal Composite IPO GMP Status
As per the latest available data, the Kasturi Metal Composite IPO GMP is ₹0 (flat) in the pre-subscription phase. This reflects neutral sentiment, with no strong premium or discount currently seen in grey market trading.
Note: GMP is unofficial and can change quickly once the subscription begins. It should be used only as a sentiment indicator, not a guaranteed signal of listing gains.
IPO Strengths & Risks
Strengths
Exposure to metal and composite manufacturing aligned with industrial demand
100% fresh issue focused on expansion and operational growth
Book-built structure supports fair price discovery
BSE SME listing attracts niche and sector-focused investors
Risks
Flat GMP suggests limited short-term excitement
High minimum investment for retail applicants
Possible liquidity constraints post listing, typical of SME stocks
Commodity price volatility and sector competition
Top 5 FAQs on Kasturi Metal Composite IPO GMP
1. What is Kasturi Metal Composite IPO GMP today?
The current GMP is ₹0 (flat), indicating neutral grey market sentiment.
2. When does Kasturi Metal Composite IPO open?
The IPO opens on January 27, 2026, and closes on January 29, 2026.
3. What is the price band of the IPO?
The price band is ₹61 to ₹64 per share.
4. What is the minimum retail investment?
Retail investors must invest ₹2,56,000 for 4,000 shares at the upper band.
5. Where will the IPO be listed?
The IPO will list on the BSE SME platform, tentatively on February 3, 2026.
Final Note
The Kasturi Metal Composite IPO GMP currently reflects cautious pre-issue sentiment. Investors should weigh the company’s fundamentals, sector outlook, and risk profile rather than relying solely on grey market trends when considering participation.
Disclaimer: This content is for informational purposes only and does not constitute investment advice.
Post a Comment