Krupalu Metals IPO: Price, GMP, Analysis, And Details

Krupalu Metals IPO - Company Analysis 

Krupalu Metals IPO under the SME IPO category is a fixed price issue of Rs. 13.48 Cr by Krupalu Metals Ltd, which was incorporated in 2012, and produces a variety of copper and brass goods.

In addition to providing a variety of job work services, the company specializes in producing copper and brass sheets, strips, and components, such as inserts, pipe fittings, terminals, bus bars, and custom parts.

 

Goods

• Krupalu Metals Limited

• Brass Sheets and Strips

• Copper and Brass Rods

• Sheet Metal Parts.

• Stamping Components and Brass Washers.

 

Krupalu Metals IPO Details

The Krupalu Metals IPO date is on 08 September 2025, and its initial public offering will end on 10 Sep with IPO allotment on Sep 11, and refund initiation on Sep 12, 2025.

The Rs. 13.48 crore new SME IPO comprises a wholly fresh issue of 0.19 crore shares.

The Krupalu Metals IPO listing date (expected) might be on Monday, Sep 15, 2025, and listing at the BSE and SME. 

The Krupalu Metals IPO price band is Rs. 72.

IPO Timetable (Tentative)

Events	Date
IPO Opening Date	Sep 08, 2025
IPO Closing Date	Sep 10, 2025
IPO Allotment Date	Sep 11, 2025
Refund Initiation	Sep 12, 2025
IPO Listing Date	Sep 15, 2025

 

Click to open demat account and apply for the IPO.

 

 

Company Financials

(Amount in Cr)

Period	31 Mar 2025	31 Mar 2024	31 Mar 2023
Total Assets	20.03	19.46	15.25
Total Revenue	48.50	37.12	33.58
PAT	2.15	1.55	0.42
Net Worth	6.12	4.06	2.56
Reserves & Surplus	2.12	1.66	0.16
Borrowings	8.37	9.57	7.44

 

Cash Flows

(Amount in lac)

Net Cash Flow in Multiple Activities	31 Mar 2025	31 Mar 2024	31 Mar 2023
Net Cash Flow Operating Activities	223.89	(144.59)	119.10
Net Cash Flow Investing Activities	(9.31)	(5.86)	(5.32)
Net Cash Flow Financing Activities	(197.77)	157.07	(113.57)

Revenue Bifurcation 

(Source: RHP)

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• Funding capital expenditure for the acquisition of new equipment and plant. ~ Rs. 5.18 Cr.

• Working capital needs. ~ Rs. 5.70 Cr.

• Issue associated costs. ~ Rs. 1.49 Cr.

• General Corporate Purposes. ~ Rs. 1.10 Cr.

 

Listed Peers of Krupalu Metals Ltd. 

Company Name	Face Value (Rs. per Share)	EPS (Rs.)	P/E (x)
Sprayking Limited	10	0.42	5.33
Poojawestern Metaliks Limited	10	1.53	18.30

 

Valuation

Metric	Value
ROCE	48.45%
PBV	7.09
Debt/Equity	1.37
PAT Margin	4.45%
EBITDA Margin	7.65%
RoNW	35.12%

 

Evaluation of P/E Ratio

Considering the FY ended on 31 Mar 2025 with an EPS of Rs. 5.38 from the last year, the resulting P/E ratio is 13.39x. When compared with the industry’s average P/E of 11.82x, it indicates overvaluation (on a P/E ratio basis only). Hence, the price of the Share seems aggressively priced for the investors.

Explore the Vigor Plast IPO.

IPO's Strengths

• A knowledgeable staff and seasoned management.

• Current customer connection.

• Standards and quality assurance.

• Knowledge and extensive expertise in the field.

• Creative concepts.

 

 

 IPO’s Weaknesses 

• Insufficient Calibration.

• Price volatility for raw materials leads to profit margin decline.

• Fierce competition.

• Labor costs are rising.
  
  

Krupalu Metals IPO GMP (Grey Market Premium)

Krupalu Metals IPO GMP today is Rs. 0, as of 05 Sep 2025 at the time of writing this information.

Krupalu Metals IPO Summary

The Krupalu IPO has a market maker portion size of 94,400 Shares (Rs. 0.67 Cr).

IPO Opening & Closing Date	08 Sep, 2025 to 10 Sep, 2025
Face Value	Rs. 10 per Share
Issue Price	Rs. 72 per Share.
Lot Size	1600 Shares
Issue Size	18,72,000 Shares (Rs. 13.48 Cr)
Offer for Sale	-
Fresh Issue	18,72,000 Shares (Rs. 13.48 Cr)
Listing at	BSE, SME
Issue Type	Fixed Price IPO
Registrar	Cameo Corporate Services Ltd.

 

 

IPO Lot Details 

Retail investors can invest in a minimum and maximum of 2 Lots (3200 Shares) for Rs. 2,30,400 and in multiples thereof, while for S-HNI investors, the minimum Lot is 3 (4800 Shares) for Rs. 3,45,600.

Minimum Lot Investment (Retail)	2 Lots
Maximum Lot Investment (Retail)	2 Lots
S-HNI (Min)	3 Lots

 

Krupalu Metals IPO Allotment Status

To check the Krupalu Metals IPO Allotment Status, visit the official Registrar’s website or the BSE website. Below are the website links for you.

Using BSE Website - ​BSE IPO allotment status

Promoters And Management of Krupalu Metals Ltd.

• Mr. Jagdish Parsottambhai Katariya

• Mr. Navinbhai Katariya.

Pre-Issue Promoter Shareholding	100%
Post-Issue Promoter Shareholding	68.12%

 

IPO Lead Managers

• Finshore Management Services Ltd. 

 

 

Dividend Policy

The company has not declared a dividend during the last three years.

Conclusion

Investors have the chance to join the copper and brass production sector with consistent revenue growth via  Krupalu Metals IPO. Plans for expansion could increase future scalability, while strong RONW and ROCE emphasize operating efficiency. High debt, fluctuating raw material prices, and aggressive valuations are still major hazards, though. All things considered, the IPO is appropriate for investors who want exposure to the SME metal industry and have a greater risk tolerance.

 

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.