IPO Details
Bidding Dates
08 Sep '25 - 10 Sep '25
Minimum Investment
₹2,30,400/ 2 Lots (3,200 Shares)
Price Range
₹72
Maximum Investment
₹3,45,600 / 2 Lots (4,800 Shares)
Retail Discount
To be announced
Issue Size
₹13.48 Cr
Investor category and sub category
Retail Individual Investors (RII) | Non-institutional Investors (NII) | Qualified Institutional Buyers (QIB) |Krupalu Metals IPO Important Dates
Important dates with respect to IPO allotment and listing
IPO Opening Date
Sep 08, 25
IPO Closing Date
Sep 10, 25
Basis of Allotment
Sep 11, 25
Initiation of Refunds
Sep 12, 25
IPO Listing Date
Sep 15, 25
Krupalu Metals IPO Subscription Details
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
|
Day 1Sep 7, 2025 |
NA | 0.01 | 0.16 | 0.08 |
|
Day 2Sep 8, 2025 |
NA | 0.01 | 0.29 | 0.15 |
About Krupalu Metals IPO
Krupalu Metals IPO is a fixed price issue with a total size of ₹13.48 crore. The issue comprises a fresh issue of 0.19 crore shares aggregating to ₹13.48 crore. There is no offer for sale (OFS) component.
The IPO opens for subscription on September 8, 2025, and closes on September 10, 2025.
The basis of allotment is expected to be finalised on September 11, 2025. The shares are proposed to be listed on the BSE SME, with a tentative listing date of September 15, 2025. The issue price for Krupalu Metals IPO has been fixed at ₹72 per share.
The lot size is set at 1,600 shares. A retail investor is required to make a minimum investment of ₹2,30,400 for 3,200 shares. For High Net-worth Individuals (HNIs), the minimum application is for 3 lots or 4,800 shares, amounting to ₹3,45,600.
Finshore Management Services Limited is the book running lead manager, Cameo Corporate Services Limited is the registrar, and Anant Securities is the market maker for this IPO. Refer to Krupalu Metals IPO RHP for complete details.
Krupalu Metals IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- ₹518.05 lakh will be used for funding capital expenditure towards the purchase of additional plant and machinery.
- ₹570.46 lakh will be allocated to meet working capital requirements, ensuring smooth operations and timely payments.
- ₹149.33 lakh will be spent on issue-related expenses to cover costs associated with the IPO process.
- ₹110.00 lakh will be utilised for general corporate expenses.
About Krupalu Metals Limited
Krupalu Metals Limited is engaged in the business of manufacturing brass and copper products for domestic as well as export markets. The company has been in operation for over a decade, having been incorporated on March 5, 2009 as a private limited company under the name Krupalu Engineering Services Private Limited. It was renamed as Krupalu Metals Private Limited in 2011 and later converted into a public limited company in June 2024.
Its product portfolio includes brass sheets and strips, brass and copper rods, sheet metal parts, washers, stamping parts, terminals, bus bars, pipe fittings, inserts, and other customised components, along with providing job work services. These products cater to diverse industries including electrical, engineering, infrastructure, and consumer applications.
The company’s manufacturing facility is located at Plot No. 4345, GIDC Phase-III, Dared Udhyognagar, Jamnagar, Gujarat – 361009. The plant is equipped with modern machinery for high-quality brass and copper processing, and the company also engages contractual labour as needed in addition to its permanent workforce.
Krupalu Metals has demonstrated steady financial growth over the past few years. Revenue from operations increased from ₹3,357.55 lakh in Fiscal 2023 to ₹4,849.74 lakh in Fiscal 2025, reflecting consistent year-on-year expansion. Net profit rose significantly from ₹41.96 lakh in Fiscal 2023 to ₹214.86 lakh in Fiscal 2025, indicating a substantial improvement in profitability. The company’s performance is further supported by improved EBITDA levels, stronger PAT margins, and an expanding net worth, underscoring its operational efficiency and financial strength.
Industry Outlook
- India’s manufacturing sector contributes significantly to GDP and is projected to expand further, with government initiatives targeting 25% contribution by 2025. This provides strong growth prospects for metal-based industries.
- Increasing usage of brass and copper in electrical, engineering, automotive, and infrastructure sectors is driving sustained demand, offering opportunities for companies like Krupalu Metals.
- Policies such as Make in India, infrastructure development push, and incentives for MSMEs are expected to accelerate domestic manufacturing, benefiting non-ferrous metal producers and component manufacturers.
How To Apply for the Krupalu Metals IPO Online?
Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Krupalu Metals IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
How To Check the Allotment Status of Krupalu Metals IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Contact Details of Krupalu Metals Limited
Registered office: Plot No 4345, GIDC Phase-III, Dared Udhyognagar, Jamnagar, Gujarat, India, 361009
Phone: +91 7862060996
E-mail:compliance@krupalumetals.com
Krupalu Metals IPO Reservation
|
Investor Category |
Shares Offered |
|
Market Maker Shares |
94,400 (5.04%) |
|
NII (HNI) Shares Offered |
8,88,000 (47.44%) |
|
Retail Shares Offered |
8,89,600 (47.52%) |
|
Total Shares Offered |
18,72,000 (100.00%) |
Krupalu Metals IPO Lot Size Details
|
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 IPO Promoter Holding
Mr. Jagdish Parsottambhai Katariya and Mr. Navinbhai Katariya are the promoters of the company
|
Share Holding Pre-Issue |
100.00% |
|
Share Holding Post Issue |
68.12% |
Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.
Key Performance Indicators for Krupalu Metals IPO
|
KPI |
Value |
|
RoCE (%) |
48.45 |
|
Debt/Equity |
1.37 |
|
RoNW (%) |
35.12 |
|
PAT Margin (%) |
4.45 |
|
EBITDA Margin (%) |
7.65 |
Krupalu Metals IPO Prospectus
Krupalu Metals IPO Registrar and Lead Managers
Krupalu Metals IPO Lead Managers
- Finshore Management Services Ltd
Registrar for Krupalu Metals IPO
Cameo Corporate Services Ltd
- Phone: +91-44-28460390
- Email Address: ipo@cameoindia.com
- Website: https://ipo.cameoindia.com/
Financial Performance of Krupalu Metals Limited
| Particulars | Year ending on March 31, 2025 | Year ending on March 31, 2024 | Year ending on March 31, 2023 |
|---|---|---|---|
| Revenue from Operation (in ₹ lakh) | 4,838.61 | 3,710.91 | 3,357.55 |
| Profit/Loss After Tax (in ₹ lakh) | 215.09 | 154.72 | 41.85 |
| PAT Margin (%) | 4.45 | 4.17 | 1.25 |
| Net Worth (in ₹ lakh) | 612.39 | 406.48 | 256.26 |
| Debt To Equity Ratio (x) | 1.37 | 2.35 | 2.90 |
| Return on Capital Employed (RoCE) (%) | 48.45 | 36.28 | 17.21 |
| EBITDA (in ₹ lakh) | 370.35 | 257.34 | 107.59 |
Know before investing
Strengths
5-
Strong client relationships allow the company to generate repeat business from loyal customers. This builds trust and helps maintain long-term working partnerships over time.
-
A strong retention strategy ensures clients continue to rely on the company’s products.
-
The company is committed to delivering high-quality products across all offerings. This focus on quality builds credibility and strengthens its market reputation.
-
By adhering to client-specific quality standards, the company secures repeat orders.
-
Experienced promoters provide valuable guidance drawn from vast industry expertise.
Risks
5-
Volatility in raw material prices increases uncertainty in production costs. This can directly impact profitability and make financial planning difficult.
-
Lack of proper equipment calibration leads to product inconsistencies.
-
Dependence on brass as the core material limits diversification. Any decline in demand for brass products can affect revenues.
-
Rising labour costs increase operational expenses significantly. This challenges competitiveness against low-cost manufacturers globally.
-
Intense competition from brass makers and substitutes like plastic or aluminium. These alternatives often offer lower costs or better performance.
Login to Angel One App / Website & click on IPO
Select desired IPO & tap on "Apply"
Enter UPI ID, set quantity/price & submit
Accept mandate on the UPI app to complete the process
Login to Angel One App / Website
Choose IPO section on Home Page
Click IPO Orders
Chose the IPO application you want to view the status for
Krupalu Metals Limited Peer Comparison
More About Krupalu Metals IPO – Check Issue Date, Price, Lot Size & Details
Krupalu Metals IPO – Check Issue Date, Price, Lot Size & Details FAQs
Krupalu Metals IPO is a fixed price issue IPO. It runs from September 8, 2025 to September 10, 2025.
The Basis of Allotment will happen on Thursday, September 11, 2025.
The IPO subscription window will open on September 8, 2025.
The minimum lot size retail investors can subscribe to is 2 lots, and the lot size is 1600 shares.
The listing date for Krupalu Metals IPO is Monday, September 15, 2025.
The issue size of the Krupalu Metals IPO is ₹13.48 crore.
The open and close dates for Krupalu Metals IPO are from September 8, 2025 to September 10, 2025.
Listing gains cannot be ascertained before the listing of the IPO on the stock exchange.
- Multiple Submissions: Use different Demat accounts to make multiple applications.
- Higher Price Band Bidding: Opt for bidding at the cut-off price or higher price band.
- Timely Subscription: Ensure you subscribe to the IPO within the specified time frame.
You must complete the payment process by logging in to your UPI handle and approving the payment mandate.
You can submit only one application using your PAN card.
To read Krupalu Metals Limited’s financial statements, download the IPO’s RHP document.
Pre-apply allows investors to apply for the Kalu Metals IPO two days before the subrupscription period opens, ensuring an early submission of your application.
Your order will be placed when the IPO opens for bidding, and a UPI request will follow within 24 hours.
You will receive a notification once your order is successfully placed with the exchange after the bidding starts.
Cameo Corporate Services Ltd is the registrar responsible for managing the IPO allotment process and handling investor queries.
The Krupalu Metals IPO is proposed to be listed on the SME platform of the Bombay Stock Exchange (BSE).
