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  1. Kasturi Metal Composite IPO allotment: How to check status online on Bigshare Services, BSE

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Kasturi Metal Composite IPO allotment: How to check status online on Bigshare Services, BSE

Kamal Joshi

3 min read | Updated on January 30, 2026, 14:15 IST

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SUMMARY

Kasturi Metal Composite IPO allotment: The ₹17.61 crore initial share sale, with a price band of ₹61 to ₹64 per equity share, was only a fresh issuance of 27.52 lakh shares, without an offer for sale component.

Kasturi Metal Composite Ltd manufactures, supplies and exports steel fibre products for industrial applications. | Image: steelfiberindia.in

Kasturi Metal Composite Ltd manufactures, supplies and exports steel fibre products for industrial applications. | Image: steelfiberindia.in

Kasturi Metal Composite IPO: The basis of allotment of Kasturi Metal Composite IPO will likely be finalised on Friday, January 30, 2026. The allotment finalisation details will be out on the websites of the BSE and registrar Bigshare Services Pvt Ltd.

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The ₹17.61 crore initial share sale, with a price band of ₹61 to ₹64 per share, was only a fresh issuance of 27.52 lakh shares, without an offer for sale component.

The money generated will be utilised for capital expenditure towards electrical and mechanical works, interior work and procurement of plant and machinery for establishing a new manufacturing unit at Maharashtra's Amravati and corporate general purposes.

"We believe that listing will enhance our corporate image and visibility of brand name of our company. We also believe that our company will receive the benefits from listing of equity shares on the SME Platform of BSE (“BSE SME”). It will also provide liquidity to the existing shareholders and will also create a public trading market for the equity shares of our company," the company said in its red herring prospectus.

CategoryReservedNo of Shares Bid ForNo of Times
Qualified Institutional Buyers5,22,00020,86,0004
Non-Institutional Investors5,32,0001,54,58,00029.06
Individual Investors9,16,0001,51,08,00016.49
Total19,70,0003,26,52,00016.57

Incorporated in 2005, Kasturi Metal Composite is into the manufacturing, supply and export of steel fiber products used in industrial applications. Its product portfolio includes glued hook-end steel fiber, flat crimped steel fiber and loose hook-end steel fiber.

Kasturi Metal Composite IPO allotment date and time

Kasturi Metal Composite IPO allotment status is likely to be finalised on Friday, January 30, by late evening.

How to check Kasturi Metal Composite IPO allotment status online on BSE

  • Click on this link: https://bseindia.com/investors/appli_check.aspx
  • Issue type should be 'Equity'
  • Select 'Kasturi Metal Composite' from the ‘Issue Name’ list
  • Mention either your PAN or IPO application number
  • Hit the ‘Search’ button

Steps to check Kasturi Metal Composite IPO allotment status online on Bigshare Services

  • Open the IPO status page of Bigshare Services: www.bigshareonline.com/ipo_Allotment.html
  • From three servers, choose one
  • Click on 'Kasturi Metal Composite Ltd' from the IPO names
  • Add any one- Application number, PAN or beneficiary ID
  • Press the ‘Search’ button to check the allotment status

Kasturi Metal Composite IPO listing date and time

Shares of Kasturi Metal Composite IPO will be listed on the BSE SME platform on Tuesday, February 3.

To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.

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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.

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