Kasturi Metal Composite Ltd

Kasturi Metal Composite Limited was originally incorporated as a Private Limited Company as 'Kasturi Metal Composite Private Limited' on November 24, 2005 with the Registrar of Companies, Mumbai. Subsequently, company was converted into a Public Limited Company and the name was changed to 'Kasturi Metal Composite Limited' vide a fresh Certificate of Incorporation dated March 19, 2024 issued by CPC. The Company specialize in manufacturing and export of steel fiber products for industrial applications. Its portfolio includes Loose Hook-End, Glued Hook-End, and Flat Crimped Steel Fibers, along with Steel Wool Fiber, which is used in the production of friction linings for brake pads and clutches. It serve construction, engineering, automotive, and infrastructure sectors. Besides, it supply critical materials for tunnel shotcrete, precast concrete, industrial and warehouse flooring, road construction, pavements, tunnel mining and automotive friction linings, consistently delivering quality and value across diverse industries. Additionally, they are used in hydroelectric plants, road and rail tunnels, underground caverns, bridges, and highways, ensuring structural integrity. The Company acquired Unit I situated at D-13/1, MIDC, Amravati, Maharashtra in 2006-07. Later, the Company expanded the business into steel wool fibers, diversifying into automotive and industrial applications in 2010. The running business of 'Kasturi Industries', a Partnership Firm was acquired by the Company as a going concern basis in 2014. The Company acquired Unit II in Amravati district of Maharashtra in 2015, further established Unit III in Amravati district in 2021. The Company has acquired 98% of capital of M/s Durafloor Concrete Solutions LLP, making it a subsidiary of the Company in 2025. The Company issued 27,52,000 equity shares having face value of Rs 10 each, by raising a fresh issue of 17.61 crores through its IPO on January 29, 2026.