Krupalu Metals IPO Details

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

Krupalu Metals IPO Logo

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 Details

IPO Date8 to 11 Sep, 2025
Listed onTue, Sep 16, 2025
Face Value10 per share
Issue Price₹72 per share
Lot Size1,600 Shares
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtBSE SME

Total Issue Size18,72,000 shares
(agg. up to ₹13 Cr)
Reserved for Market Maker
94,400 shares
(agg. up to ₹0.6797 Cr)
Anant Securities
Fresh Issue
(Ex Market Maker)
17,77,600 shares
(agg. up to ₹13 Cr)
Net Offered to Public17,77,600 shares
(agg. up to ₹13 Cr)
Share Holding Pre Issue40,00,000 shares
Share Holding Post Issue58,72,000 shares
BSE Script Code 544509
ISININE0XZB01017

IPO Timetable

Issue Reservation

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 8,88,00049.95%47.44%
Retail Shares Offered 8,89,60050.05%47.52%
Firm Reservations
Market Maker Shares Offered 94,4005.04%
Total Shares Offered 18,72,000100.00%100.00%

IPO Lot Size

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
IPO Subscription Details

About Krupalu Metals Ltd.

Incorporated in 2012, Krupalu Metals Limited is engaged in the manufacturing of wide range of brass and copper products.
 
The company specializes in manufacturing brass and copper sheets, strips, and components, including inserts, pipe fittings, terminals, bus bars, and custom parts, while also offering diverse job work services.
 
The company operates a manufacturing facility at Plot No. 4345, GIDC Phase-III, Dared Udhyognagar, Jamnagar, Gujarat, 361009, equipped for high-quality brass and copper product production.
 
Products and Services

Krupalu Metals Limited specializes in a wide range of brass and copper products, including:

  • Brass Sheets and Strips: Available in various thicknesses and finishes.
  • Brass and Copper Rods: Used in diverse industrial applications.
  • Sheet Metal Parts: Customized pressed parts made from brass and copper sheets.
  • Brass Washers and Stamping Parts: Precision-engineered components for industrial use.
  • Brass Sheet Metal Components: Including press components and terminals.

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:

  • Experienced management and a well-trained employee base
  • Existing client relationship
  • Quality Assurance and Standards
  • Expertise and vast industry experience
  • Innovative Ideas

Company Financials (Restated)

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 Ended31 Mar 202531 Mar 202431 Mar 2023
Assets20.0319.4615.25
Total Income48.5037.1233.58
Profit After Tax2.151.550.42
EBITDA3.702.571.08
NET Worth6.124.062.56
Reserves and Surplus2.121.660.16
Total Borrowing8.379.577.44
Amount in ₹ Crore

IPO Objects of the Issue

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

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS (₹)5.383.66
P/E (x)13.3919.66
Promoter Holding100%68.12%
Market Cap42.28 Cr.
Mr. Jagdish Parsottambhai Katariya and Mr. Navinbhai Katariya are the promoters of the company.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025 available in RHP.

IPO Review

[Dilip Davda]
KML is engaged in the manufacturing wide range of brass and copper products. It is expanding its capacity to more than double. The company posted growth in its top and bottom lines for the reported periods. Based on its recent financial data, the issue appears aggressively priced. Small equity base post-IPO indicates longer gestation period for migration. Well-informed/cash surplus investors may park moderate funds for long term.
Read detail review...

Krupalu Metals IPO Recommendations

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IPO Subscription Status

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* 1.278,88,00011,24,8000
Individual Investor1.138,89,60010,04,8000
Total1.2017,77,60021,29,600361

Total Applications: 361

*Market Maker portion is not included to NII/HNI.

IPO Expenses

# 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

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price72.00
Open57.60
Low54.72
High60.48
Last Trade60.48

Check IPO Performance…

IPO Registrar

Cameo Corporate Services Ltd.

Contact Details

Krupalu Metals Ltd. Address
Plot No 4345,
GIDC Phase-III,
Dared Udhyognagar,
Jamnagar, Gujarat, 361009
Open an Instant Account with Zerodha

IPO FAQs

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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Krupalu Metals IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

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.

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