Krupalu Metals was incorporated on March 05,2009. The company manufactures a wide range of brass and copper products, including sheets, strips, and customized components such as inserts, pipe fittings, profiles, terminals, bus bars, and electrical parts. It also provides job work services and trades raw materials, enabling it to meet diverse customer needs across various industries
| Bidding Dates |
|---|
| 08 Sep 2025 - 11 Sep 2025 |
| Subscription |
|---|
| 1.19x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,30,400 | 2 | 2 | 1600 | 1.9 M | ₹72 | 68.12 % | ₹134.8 M | RHP DOC |
Krupalu Metals IPO SUBSCRIPTION STATUS
11 Sep '25Krupalu Metals IPO overall subscription rate was 1.19 times the total available shares
Krupalu Metals IPO retail subscription rate was 1.07 times in the retail segment
Krupalu Metals IPO non-institutional investor subscription rate was 1.3 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
11 Sep 2025 (Day 4) | 1.07x | 1.3x | - |
10 Sep 2025 (Day 3) | 0.56x | 0.29x | - |
09 Sep 2025 (Day 2) | 0.34x | 0.11x | - |
08 Sep 2025 (Day 1) | 0.15x | 0.01x | - |
Krupalu Metals FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY25 | 48.4 | 2.2 | 2.2 | 2.1 | 7.7% |
| FY24 | 37.1 | 1.5 | -1.4 | -1.5 | 6.9% |
| FY23 | 33.6 | 0.4 | 1.2 | 1.1 | 3.2% |
Krupalu Metals IPO SUBSCRIPTION STATUS DETAILS
Krupalu Metals had 1.9 M shares on offer
Krupalu Metals IPO offer price was ₹72
Krupalu Metals IPO minimum Investment was ₹230400
Krupalu Metals IPO issue size was ₹ 134.8 M
Krupalu Metals had a minimum lot size of 1600 Shares per application
Krupalu Metals NUMBER OF SHARES ON OFFER
Krupalu Metals IPO IMPORTANT DATES
| Issue Open Date | 08 Sep 2025 |
| Issue close Date | 11 Sep 2025 |
| Allotment Date | 12 Sep 2025 |
| Refund Date | 15 Sep 2025 |
| Demat Account Credit Date | 15 Sep 2025 |
| Listing Date | 16 Sep 2025 |
| Listing on Exchange(s) | BSE |
| Krupalu Metals Allotment Status | Exchange/ Registrar |
Krupalu Metals IPO subscription opened on 08 Sep 2025, and closed on 11 Sep 2025
IPO allotment for Krupalu Metals was finalized on Friday, 12 Sep 2025
IPO listing for Krupalu Metals was on BSE on Tuesday, 16 Sep 2025
Krupalu Metals IPO LISTING GAINS
| Issue Price (adjusted) | 72.0 |
| Listing Open Price | 57.6 |
| Listing Close Price | 60.5 |
| Listing Gain% | -20.0% |
| Current Gain% | -61.6% |
Krupalu Metals Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Krupalu Metals Ltd. | 27.6 | 16.2 | 5.9 | 0.2 | 0.3 | 13.2 | 6.5 | 62.3 | 28.4 | 2.8 | 28.9 | 4.7 | 28.9 |
| Solar Industries India Ltd. | 18770 | 169849.9 | 101.2 | 2.6 | 17.3 | 26.7 | 15.4 | 9965.7 | 30.9 | 1677.6 | 38.7 | 185.4 | 38.7 |
| PTC Industries Ltd. | 18906 | 28344.8 | 279.1 | 4.2 | 47 | 6.7 | 5.2 | 643.3 | 88 | 101.6 | 66.4 | 67.7 | 66.4 |
| Inox India Ltd. | 1938 | 17590 | 69 | 8 | 10.9 | 23.1 | 12.8 | 1632.3 | 21.2 | 257.9 | 14.1 | 28.1 | 8.7 |
| Precision Wires India Ltd. | 414.2 | 7571.9 | 43.4 | 0.5 | 1.2 | 20.1 | 6.9 | 5463.4 | 35.4 | 155.3 | 72.4 | 9.6 | 84 |
| Kennametal India Ltd. | 3303 | 7259.3 | 52.4 | 1.5 | 5.4 | 13.8 | 10.6 | 1184.7 | 6.6 | 102.9 | -6.9 | 63 | 35.9 |
Krupalu Metals INFORMATION ON IPO ISSUE
About Krupalu Metals
Krupalu Metals was incorporated on March 05,2009. The company manufactures a wide range of brass and copper products, including sheets, strips, and customized components such as inserts, pipe fittings, profiles, terminals, bus bars, and electrical parts. It also provides job work services and trades raw materials, enabling it to meet diverse customer needs across various industries
Object of the Issue
- Funding capital expenditure towards purchase of additional plant and machinery
- To meet working capital requirements
- To meet the issue expenses
- General corporate purposes
Krupalu Metals - PROMOTERS
| Name |
|---|
| Jagdish Parsottambhai Katariya |
| Navinbhai Katariya |
Krupalu Metals - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Jagdish Parsottambhai Katariya | Managing Director |
| Navinbhai Katariya | Executive Director |
| Anjali Hukambhai Jeshani | Non-Executive Director |
| Anandbhai Nalinbhai Pathak | Independent Director |
| Nikita Gaurav Tank | Independent Director |
Krupalu Metals Book Running Lead Manager
Finshore Management Services Limited
info@finshoregroup.com
Krupalu Metals Registrar to the issue
Cameo Corporate Services Limited
ipo@cameoindia.com
Krupalu Metals Strengths
Quality assurance & standards
The company is committed to delivering high-quality products that meet customer-prescribed standards. Its ability to consistently match these requirements has led to repeat orders, strengthening its brand image in the market
Industry experience & innovative ideas
The company’s promoters bring strong industry experience, supported by a skilled employee base built through careful selection. Guided by this vision, the company focuses on expanding its product range and introducing new business ideas
Client relationship
The company focuses on meeting customer needs and has built strong client relationships that generate repeat business. These long-term associations provide a competitive edge, supporting stable growth, customer retention, and new client acquisition
Krupalu Metals Risks
Geographically concentrated
The company conducts all its manufacturing operations in Jamnagar, Gujarat, with an upcoming expansion also planned in the same region. This geographical concentration makes its operations vulnerable to local and regional disruptions such as unrest, natural disasters, or adverse economic and environmental conditions, which could impact business and financial performance
Dependent on economic & market conditions
The company’s performance is highly dependent on economic and market conditions in India and globally. Factors such as inflation, interest rate fluctuations, regulatory changes, market volatility, and global political or economic instability could adversely impact its business, financial condition, cash flows, and overall growth prospects
Delays or defaults in customer payments
Delays or defaults in customer payments may strain the company’s working capital and adversely impact its financial condition. Extended credit periods and non-receipt of dues could affect operating results and cash flows
IPO FAQs
The promoters of the company are Jagdish Parsottambhai Katariya and Navinbhai Katariya.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 72.0 - 72.0.
The IPO application opens on Sep 08, 2025 and closes on Sep 11, 2025.
The minimum lot size for the IPO is 3200. The maximum lot size for the IPO is 3200.
For all category investors, the minimum application amount for this IPO is Rs. 230,400.0, the maximum value for this IPO is Rs 230,400.0.
This IPO will be allotted on Sep 12, 2025.
The refund will be credited to your account on Sep 15, 2025.
The allotted shares will be credited to your demat on Sep 15, 2025.
Krupalu Metals Ltd.’s shares listed on the stock exchanges on Sep 16, 2025.