Kasturi Metal Composite SME IPO Subscription Status
Kasturi Metal Composite SME IPO closed on 29 January 2026 with an overall subscription of 17.82x based on shares applied. QIB demand came in at 4.00x, NII at 39.23x, and retail at 16.49x.
Allotment will be finalised on 30 January 2026. The stock is scheduled to list on NSE and BSE on 3 February 2026.
Issue Price
Rs 64.00
GMP Today
-
Overall Subscription
17.82x
Issue Size
₹16.73 Cr
Allotment Date
30 Jan 2026
Listing Date
3 Feb 2026
Kasturi Metal Composite SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 64.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 3.34 Cr | Rs 13.35 Cr | 4.00x |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 13.35 Cr | - |
| NII | Rs 2.52 Cr | Rs 98.93 Cr | 39.23x |
| bNII (above Rs 10L) | Rs 1.68 Cr | Rs 79.60 Cr | 47.35x |
| Corporate | - | Rs 2.21 Cr | - |
| Individual | - | Rs 76.98 Cr | - |
| Other | - | Rs 40.96 L | - |
| sNII (Rs 2L to Rs 10L) | Rs 84.05 L | Rs 19.33 Cr | 22.99x |
| Corporate | - | Rs 7.68 L | - |
| Individual | - | Rs 19.10 Cr | - |
| Other | - | Rs 15.36 L | - |
| IND | Rs 5.86 Cr | Rs 96.69 Cr | 16.49x |
| Fixed price | - | Rs 96.69 Cr | - |
| Total | Rs 11.72 Cr | Rs 208.97 Cr | 17.82x |
Kasturi Metal Composite SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 261 | 2 | 0.01x |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 2 | - |
| NII | 66 | 1,242 | 18.82x |
| bNII (above Rs 10L) | 44 | 747 | 16.98x |
| Corporate | - | 14 | - |
| Individual | - | 729 | - |
| Other | - | 4 | - |
| sNII (Rs 2L to Rs 10L) | 22 | 495 | 22.50x |
| Corporate | - | 2 | - |
| Individual | - | 489 | - |
| Other | - | 4 | - |
| IND | 229 | 3,777 | 16.49x |
| Fixed price | - | 3,777 | - |
| Total | 556 | 5,021 | 9.03x |
What Do These Subscription Numbers Mean?
A subscription of 17.82x by shares means the IPO received bids for 18 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 4.00x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 4.00x, it reflects serious institutional conviction.
NII at 18.82x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 16.98x and sNII at 22.50x by applications. Share subscription was 39.23x. Allotment uses application count, not share volume.
At 16.49x subscription by applications, approximately 1 in 16 retail applicants can expect an allotment (~6% per application). Retail allotment is done by lottery when oversubscribed.
Kasturi Metal Composite SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 16.49x.
- •Allotment odds: about 1 in 16 (~6% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 22.50x.
- •Allotment odds: about 1 in 23 for a minimum-lot application (~4% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
BHNI (above Rs 10 lakh)
- •Application subscription: 16.98x.
- •Allotment odds: about 1 in 17 for a minimum-lot application (~6% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 47.35x. Allotment uses application count, not share volume.
Check the Kasturi Metal Composite SME IPO Allotment Status page from 30 January 2026 for your allotment result.
Kasturi Metal Composite SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 27 Jan 2026 | 3.00x | 0.37x | 0.24x | 1.05x |
| Day 2 - 28 Jan 2026 | 4.00x | 0.49x | 1.10x | 1.80x |
| Day 3 - 29 Jan 2026 | 4.00x | 38.88x | 16.49x | 17.75x |
Kasturi Metal Composite SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 27 January 2026 |
| IPO Close Date | 29 January 2026 |
| Allotment Date | 30 January 2026 |
| Refund Initiation | 31 January 2026 |
| Share Credit to Demat | 31 January 2026 |
| Listing Date | 3 February 2026 |
| Minimum Investment | Rs 2,56,000.00 |
| Lot Size | 2000 shares |
About Kasturi Metal Composite SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Kasturi Metal Composite SME IPO GMP Today
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Kasturi Metal Composite SME IPO Allotment Status
Check allotment result on allotment date
Kasturi Metal Composite SME IPO Details
Financials, peers, strengths, and review
All IPO Subscription Status
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Kasturi Metal Composite SME IPO Subscription FAQs
What is Kasturi Metal Composite SME IPO subscription status today?
Kasturi Metal Composite SME IPO subscription closed on 29 January 2026 with overall subscription of 17.82x (by shares) as of 27 June 2026, 2:47 AM IST. QIB 4.00x, NII 18.82x, IND 16.49x.
What is the overall subscription of Kasturi Metal Composite SME IPO?
Kasturi Metal Composite SME IPO is subscribed 17.82x overall by shares at close on 29 January 2026. QIB 4.00x, NII 18.82x, and IND 16.49x.
What is Kasturi Metal Composite SME IPO QIB subscription?
Kasturi Metal Composite SME IPO QIB (Qualified Institutional Buyers) subscription is 4.00x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Kasturi Metal Composite SME IPO IND subscription?
Kasturi Metal Composite SME IPO IND subscription is 16.49x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Kasturi Metal Composite SME IPO NII subscription?
Kasturi Metal Composite SME IPO NII (Non-Institutional Investors) subscription is 18.82x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Kasturi Metal Composite SME IPO for retail?
At 16.49x subscription by applications, approximately 1 in 16 retail applicants can expect an allotment (~6% per application). Allotment is done by lottery.
When is Kasturi Metal Composite SME IPO allotment date?
Kasturi Metal Composite SME IPO allotment date is 30 January 2026. Check Kasturi Metal Composite SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Kasturi Metal Composite SME IPO subscription close?
Kasturi Metal Composite SME IPO subscription closed on 29 January 2026. No new applications are accepted after the close.
What is Kasturi Metal Composite SME IPO GMP today?
GMP for Kasturi Metal Composite SME IPO is not available yet. Track Kasturi Metal Composite SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Kasturi Metal Composite SME IPO issue price and lot size?
Kasturi Metal Composite SME IPO issue price is ₹64 per share. Lot size is 2000 shares. Minimum investment is ₹2,56,000 per lot (minimum 2 lots for SME). Issue size: ₹16.73 Cr.
When is Kasturi Metal Composite SME IPO listing date?
Kasturi Metal Composite SME IPO listing date is 3 February 2026 on NSE and BSE. Allotment is on 30 January 2026.
How does subscription affect Kasturi Metal Composite SME IPO allotment?
Allotment odds in Kasturi Metal Composite SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 18.82x by applications means roughly 1 in 19 for minimum-lot bids; bNII at 16.98x (~1 in 17). At 17.82x overall, competition is high.
For allotment results from 30 January 2026, visit the Kasturi Metal Composite SME IPO Allotment Status page. For listing day updates on 3 February 2026, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.