Krupalu Metals IPO is a fixed price SME issue worth ₹13.48 crore. The IPO comprises a fresh issue of 0.19 crore equity shares aggregating to ₹13.48 crore, with no offer for sale component. The bidding window is open from September 8 to September 10, 2025, and the allotment will be finalised on September 11, 2025. The shares are scheduled to list on the BSE SME platform on September 15, 2025.
The IPO has been priced at ₹72 per share with a lot size of 1,600 shares. The Krupalu Metals IPO saw an overall subscription of 2.78 times by September 11, 2025. Within this, the public issue was subscribed 1.69 times in the retail investor category, [.] times in the QIB (excluding anchor investors) category, and 6.15 times in the NII segment.
The Krupalu Metals IPO opened for subscription between September 8 and September 10, 2025. The allotment is scheduled to be finalised on September 11, 2025, with refunds to be initiated on September 12, 2025. The company’s shares are set to list on the BSE SME platform on September 15, 2025. The IPO, valued at ₹13.48 crore, comes with a fixed price of ₹72 per share. Investors were required to apply for a minimum of 2 lots, translating to 1,600 shares per lot, amounting to a minimum investment of ₹2,30,400 for retail participants.
The table below breaks down the Krupalu Metals share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered | % Shares Offered |
| Market Maker Shares Offered | 94,400 | 5.04% |
| Retail Shares Offered | 8,89,600 | 47.44% |
| NII (HNI) Shares Offered | 8,88,000 | 47.52% |
| Total Shares Offered | 18,72,000 | 100.00% |
Data Source: NSE
| Investor Category | Subscription (times) |
| Market Maker | 1.00 |
| Non-Institutional Buyers (NII) | 6.38 |
| Retail Individual Investors (2 lots) | 1.73 |
| Total | 2.86 |
Note: The subscription details are as of September 11, 2025
Krupalu Metals Limited manufactures brass and copper products for both domestic and international markets. Established on March 5, 2009, as Krupalu Engineering Services Private Limited, the company was renamed Krupalu Metals Private Limited in 2011 and later transitioned into a public limited company in June 2024.
Its product range covers brass sheets and strips, copper and brass rods, stamping parts, sheet metal components, terminals, bus bars, washers, pipe fittings, inserts, and other customised items, in addition to providing job work services. These products are widely used across sectors such as electrical, engineering, infrastructure, and consumer industries.
The company operates from its manufacturing facility located at Plot No. 4345, GIDC Phase-III, Dared Udhyognagar, Jamnagar, Gujarat – 361009. The unit is fitted with modern machinery to support high-quality brass and copper processing, while the workforce consists of permanent employees along with contractual staff as required.
Financially, Krupalu Metals has shown consistent growth. Revenue from operations increased from ₹3,357.55 lakh in FY 2023 to ₹4,849.74 lakh in FY 2025, highlighting steady expansion. Net profit also jumped sharply from ₹41.96 lakh in FY 2023 to ₹214.86 lakh in FY 2025, reflecting stronger profitability. This growth has been backed by improved EBITDA, higher PAT margins, and a rising net worth, showcasing the company’s operational efficiency and financial stability.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Sep 11, 2025, 5:14 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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