Krupalu Metals came to market through an SME IPO that opened on 8 September 2025 and closed on 11 September 2025, and the shares listed on 16 September 2025 on BSE SME. The price band was ₹72 per share and one lot was 1600 shares, so the minimum application was ₹1,15,200. The issue size was ₹13.48 crore. The whole issue was fresh shares, so the money raised went to the company.
Cameo Corporate Services Limited was the registrar to the issue, and Finshore Management Services Limited was the lead manager.
As of 11 September 2025.
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Incorporated in 2012, Krupalu Metals Limited is involved in the production of brass and copper products in wide varieties. The company is specialized in producing brass and copper sheets, strips, and parts, such as inserts, pipe fittings, terminals, bus bars, and custom components, apart from providing variety job work services.The factory has a manufacturing plant in Plot No. 4345, GIDC Phase-III, Dared Udhyognagar, Jamnagar, Gujarat, 361009, having the capability of producing high-quality brass and copper products.
Krupalu Metals Limited deals with an extensive variety of brass and copper products, such as: Brass Sheets and Strips: Of different thicknesses and finishes. Brass and Copper Rods: Applied in various industrial processes. Sheet Metal Parts: Pressed parts made from brass and copper sheets in customized specifications. Brass Washers and Stamping Parts: Highly precision-made components for industrial applications. Brass Sheet Metal Components: Press components and terminals included.
As on July 31, 2025, the company has 13 permanent employees and 40 employees are employed on time to time on need basis.
As described in the offer document.
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Mr. Jagdish Parsottambhai Katariya, Mr. Navinbhai Katariya. Promoter holding 100% before the issue and 68.12% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Krupalu Metals IPO was a ₹13.48 crore fixed-price issue, made up entirely of a fresh issue. It was priced at ₹72 per share with a lot size of 1,600 shares; the minimum retail application was 3,200 shares (₹2,30,400). The IPO was open from September 8 to September 11, 2025 and was subscribed 1.25x. Shares listed on BSE SME on September 16, 2025 at ₹57.60, a 20.0% discount to the issue price of ₹72. Cameo Corporate Services Limited is the registrar.
Finshore Management Services Limited is the book running lead manager.
The issue price of Krupalu Metals IPO is ₹72 per share (fixed price).
The lot size of Krupalu Metals IPO is 1600 shares.
The minimum investment for Krupalu Metals IPO is approximately ₹2,30,400 based on the issue price.
The allotment date of Krupalu Metals IPO is Sep 12, 2025.
You can check Krupalu Metals IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Krupalu Metals IPO allotment status on Rupix for quick and easy access.
₹72 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 1600 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,15,200. After listing, SME shares also trade in lots rather than one share at a time.
₹1,15,200, for one lot of 1600 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 8 September 2025 and closed on 11 September 2025.
The basis of allotment was published on 12 September 2025 by Cameo Corporate Services Limited, and allotted shares were credited to demat accounts before listing.
The shares listed on 16 September 2025 on BSE SME.
The issue size was ₹13.48 crore. The fresh issue was 18,72,000 shares (aggregating up to ₹13.48 crore).