Kasturi Metal Composite Limited IPO
Kasturi Metal Composite Limited is an Indian company specializing in manufacturing steel and synthetic fibers that are used to reinforce concrete in construction projects. Their products help improve the strength, durability, and lifespan of buildings, tunnels, highways, and other infrastructure. The company serves a wide range of clients, including those in the construction, infrastructure, and industrial sectors. With a focus on quality and innovation, Kasturi aims to support modern construction needs both domestically and internationally.
Min Investment
₹TBA
Lot Size
TBA Shares
Price Range
₹TBA
Issue Size (₹ Cr.)
₹TBA
IPO Type
Future, SME
Key Metrics
Face Value
₹ 10
GMP
Subscription
-
EPS
₹ TBA
P/E Ratio
TBA x
RoNW
18.98%
ROE
24.35%
Debt to Equity (₹ Cr.)
0.96
Strengths
- Established Market Leader: The company is a well-known manufacturer of steel and synthetic fibers used to strengthen concrete.
- Wide Range of Products: Kasturi offers various fiber products suitable for multiple construction applications.
- Focus on Quality: It follows strict quality standards and continuously innovates to improve its products.
- Strong Customer Base: The company supplies products to large infrastructure projects in India and abroad.
- Consistent Financial Growth: Kasturi has shown steady growth in revenue and profits over the years.
Weaknesses
- Limited Global Reach: The company’s presence outside India is still developing compared to competitors.
- Dependence on Construction Sector: Heavy reliance on the construction and infrastructure industry makes it vulnerable to sector downturns.
- High Competition: Faces competition from both domestic and international fiber manufacturers.
- Raw Material Price Volatility: Fluctuations in raw material costs can impact profit margins.
- Scale Limitations: As a mid-sized company, expanding rapidly to compete with larger firms may be challenging.
Financials
| Period Ended | 30-09-2024 | 31-03-2024 | ||
|---|---|---|---|---|
| Assets (In Cr) | 33.88 | 33.45 | ||
| Revenue (In Cr) | 31.93 | 50.2 | ||
| Profit After Tax (In Cr) | 2.25 | 2.35 | ||
| Net Worth (In Cr) | 14.5 | 12.29 | ||
| Total Borrowing (In Cr) | 12.03 | 11.83 |
Company Details
- A30/3/1, MIDC, H. V. Nagar, Amravati,
+0721-2520293
- info@steelfiberindia.in
- http://www.steelfiberindia.in/
Registrar Details
- N/A
+91-22-6263 8200
- ipo@bigshareonline.com
- https://ipo.bigshareonline.com/IPO_Status.html
