IPO SYNOPSIS

Kasturi Metal Composite Ltd
Registered Office:
A30/3/1 MIDC H.V.Nagar,,
Amravati - 444506,
Maharashtra, India.
Initial public offer of upto 27,52,000 equity shares of face value of (₹) 10/- each (the "Equity Shares") of Kasturi Metal Composite Limited ("the Company" or "the Issuer") at an issue price of (₹) 61-(₹) 64 per equity share (including share premium of 51-(₹) 54 per equity share) for cash, aggregating up to (₹) 16.79-(₹) 17.61 crores ("Public Issue") out of which 1,38,000 equity shares of face value of (₹) 10/- each, at an issue price of (₹) 61-(₹) 64 per equity share for cash, aggregating (₹) 0.84-(₹) 0.88 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 26,14,000 equity shares of face value of (₹) 10/- each, at an issue price of (₹) 61-(₹) 64 per equity share for cash, aggregating upto (₹) 15.95-(₹) 16.73 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.47 % and 25.15% respectively of the post-issue paid-up equity share capital of the company. Price Band: (₹) 61 to (₹) 64 per equity share of face value (₹) 10/- each. The floor price ((₹)61) is 6.1 times the face value of the equity shares and the cap price ((₹)64) is 6.4 times of the face value of the equity shares. Bids can be made for a minimum of 4000 equity shares and in multiples of 2000 equity shares thereafter..
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
27-Jan-26
29-Jan-26
61.00-64.00
0.00-0.00
Minimum Application for shares in Nos : 4000     Further Multiples of : 2000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
Hem Securities Ltd
Project Financed
16.79
 
Post Issue
10.40
 
Issue Price
61.00
 
Projects
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
Promoted By
Samit Surendra Singhai
Akash Surendra Singhai
Surendra Fatechand Singhai
Listing At
BSE - SME
Registrar to the Issue
No Data Available!!!
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