Fixed Price IPO | ₹13 Cr | Listed at BSE SME | Mon, Sep 8, 2025 - Thu, Sep 11, 2025

Krupalu Metals IPO is a fixed price issue of ₹13.48 crores. The issue is entirely a fresh issue of 0.19 crore shares of ₹13.48 crore.
Krupalu Metals IPO bidding started from Sep 8, 2025 and ended on Sep 11, 2025. The allotment for Krupalu Metals IPO was finalized on Sep 12, 2025. The shares got listed on BSE SME on Sep 16, 2025.
Krupalu Metals IPO price is ₹72 per share. The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹2,30,400 (3,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (4,800 shares), amounting to ₹3,45,600.
Finshore Management Services Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The Market Maker of the company is Anant Securities.
Refer to Krupalu Metals IPO DRHP for detailed Information.
IPO Open
Mon, Sep 8, 2025
IPO Close
Thu, Sep 11, 2025
Issue Price
₹72 per share
Market Cap (Pre-IPO)
₹42.28 Cr
| IPO Date | 8 to 11 Sep, 2025 |
| Listed on | Tue, Sep 16, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹72 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 18,72,000 shares (agg. up to ₹13 Cr) |
| Reserved for Market Maker | 94,400 shares Anant Securities (agg. up to ₹0.6797 Cr) |
| Fresh Issue (Ex Market Maker) | 17,77,600 shares (agg. up to ₹13 Cr) |
| Net Offered to Public | 17,77,600 shares (agg. up to ₹13 Cr) |
| Share Holding Pre Issue | 40,00,000 shares |
| Share Holding Post Issue | 58,72,000 shares |
| BSE Script Code | 544509 |
| ISIN | INE0XZB01017 |
Krupalu Metals IPO comprises a total issue size of 18,72,000 shares. The net offer to the public is 17,77,600 shares, after excluding 94,400 shares allotted on a firm basis. Of the Net offer 8,88,000 (49.95%) allocated to NII 8,89,600 (50.05%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 8,88,000 | 49.95% | 47.44% |
| Retail Shares Offered | 8,89,600 | 50.05% | 47.52% |
| Firm Reservations | |||
| Market Maker Shares Offered | 94,400 | 5.04% | |
| Total Shares Offered | 18,72,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,30,400 |
| Individual investors (Retail) (Max) | 2 | 3,200 | ₹2,30,400 |
| HNI (Min) | 3 | 4,800 | ₹3,45,600 |
Krupalu Metals Limited specializes in a wide range of brass and copper products, including:
As on July 31, 2025, the company is having 13 permanent employees and 40 employees are engaged on time to time on need basis.
Competitive Strengths:
Krupalu Metals Ltd.'s revenue increased by 31% and profit after tax (PAT) rose by 39% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 20.03 | 19.46 | 15.25 |
| Total Income | 48.50 | 37.12 | 33.58 |
| Profit After Tax | 2.15 | 1.55 | 0.42 |
| EBITDA | 3.70 | 2.57 | 1.08 |
| NET Worth | 6.12 | 4.06 | 2.56 |
| Reserves and Surplus | 2.12 | 1.66 | 0.16 |
| Total Borrowing | 8.37 | 9.57 | 7.44 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure towards purchase of additional plant and machinery | 5.18 |
| 2 | Working Capital Requirements | 5.70 |
| 3 | General Corporate Expenses | 1.10 |
| Total | 11.99 |
| KPI | Mar 31, 2024 |
|---|---|
| ROCE | 48.45% |
| Debt/Equity | 1.37 |
| RoNW | 35.12% |
| PAT Margin | 4.45% |
| EBITDA Margin | 7.65% |
| Price to Book Value | 7.09 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.38 | 3.66 |
| P/E (x) | 13.39 | 19.66 |
| Promoter Holding | 100% | 68.12% |
| Market Cap | ₹42.28 Cr. |
The Krupalu Metals IPO is subscribed 1.20 times on September 11, 2025 5:04:56 PM (Day 4). The public issue subscribed 1.13 times in the individual investors category, [.] times in the QIB category, and 1.27 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| NII* | 1.27 | 8,88,000 | 11,24,800 | 0 |
| Individual Investor | 1.13 | 8,89,600 | 10,04,800 | 0 |
| Total | 1.20 | 17,77,600 | 21,29,600 | 361 |
Total Applications: 361
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manager Fees (including Underwriting commission) | 0.42 |
| 2 | Registrar to the issue | 0.02 |
| 3 | Legal Advisor | 0.01 |
| 4 | Peer Review Auditors | 0.02 |
| 5 | Market Maker | 0.03 |
| 6 | Sponsor Bank and Bankers to the Issue | 0.01 |
| 7 | UPI Bidding charges, Printing and distribution of Issue Stationary, other Miscellaneous expenses | 0.06 |
| 8 | Regulators Including Stock Exchanges | 0.10 |
| 9 | Advertising & Marketing Expenses | 0.84 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹72.00 |
| Open | ₹57.60 |
| Low | ₹54.72 |
| High | ₹60.48 |
| Last Trade | ₹60.48 |
Lead Manager Reports
Krupalu Metals IPO is a SME IPO of 18,72,000 equity shares of the face value of ₹10 aggregating up to ₹13 Crores. The issue is priced at ₹72 per share. The minimum order quantity is 1600.
The IPO opens on Mon, Sep 8, 2025, and closes on Thu, Sep 11, 2025.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Krupalu Metals IPO using UPI as a payment gateway. Zerodha customers can apply in Krupalu Metals IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Krupalu Metals IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Krupalu Metals IPO opens on Mon, Sep 8, 2025 and closes on Thu, Sep 11, 2025.
Krupalu Metals IPO lot size is 1600, and the minimum amount required for application is ₹2,30,400, with 2 lots being the minimum application size.
You can apply in Krupalu Metals IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Krupalu Metals IPO will be done on Friday, September 12, 2025, and the allotted shares will be credited to your demat account by Mon, Sep 15, 2025. Check the Krupalu Metals IPO allotment status.
The Krupalu Metals IPO listing date is on Tue, Sep 16, 2025.