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Kasturi Metal Composite Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Kasturi Metal Composite Ltd IPO

Registered Office: A30/3/1 MIDC H.V.Nagar, , Amravati - 444506 , Maharashtra , India.
Phone : +0721-2520293/94/95   Fax:
Email :  info@steelfiberindia.in  
Website :  www.steelfiberindia.in
Initial public offer of upto 27,52,000 equity shares of face value of (Rs)10/- each (the "Equity Shares") of Kasturi Metal Composite Limited ("the Company" or "the Issuer") at an issue price of (Rs)61-(Rs)64 per equity share (including share premium of 51-(Rs)54 per equity share) for cash, aggregating up to (Rs)16.79-(Rs)17.61 crores ("Public Issue") out of which 1,38,000 equity shares of face value of (Rs)10/- each, at an issue price of (Rs)61-(Rs)64 per equity share for cash, aggregating (Rs)0.84-(Rs)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 (Rs)10/- each, at an issue price of (Rs)61-(Rs)64 per equity share for cash, aggregating upto (Rs)15.95-(Rs)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: (Rs)61 to (Rs)64 per equity share of face value (Rs)10/- each. The floor price ((Rs)61) is 6.1 times the face value of the equity shares and the cap price ((Rs)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 (Rs)61.00-64.00 (Rs)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 through Current Offer 16.79  
Post Issue Equity Share Capital 10.40  
Issue Price (Rs)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
Bigshare Services Pvt Ltd