Krupalu Metals IPO 2023: Exciting Opportunity with 72₹ Price and 1,600 Lot Size
Krupalu Metals IPO 2023: Exciting Opportunity with 72₹ Price and 1,600 Lot Size
The Krupalu Metals IPO is set to be an exciting investment opportunity for interested investors. With a fixed price of ₹72 per share, it presents a unique chance to engage in the booming metals sector. This article covers everything you need to know about the Krupalu Metals IPO, including its details, company overview, objectives, and much more.
Company Overview
Founded in 2009, Krupalu Metals is a prominent player in the metals industry specializing in the manufacturing of various metal products. Spanning over a decade in operations, the company has built a robust business model that emphasizes quality and operational efficiency. With total revenues surging from ₹3,357.94 lakhs in FY 2023 to ₹4,849.59 lakhs in FY 2025, the company has demonstrated its ability to meet strong market demand effectively.
Key Financial Highlights
- Year Founded: 2009
- Industry: Metals Manufacturing
- Revenue: ₹3,357.94 lakhs (FY 2023), ₹4,849.59 lakhs (FY 2025)
- Profit After Tax (PAT): Increased from ₹41.85 lakhs to ₹215.09 lakhs during the same period.
IPO Details
- IPO Type: SME
- Issue Size: Approximately ₹13 crores (Fresh Issue)
- Price Band: ₹72 per share
- Lot Size: 1,600 shares
- GMP (Grey Market Premium): Information not available yet
- Open Date: September 8, 2025
- Close Date: September 10, 2025
- Listing Date: September 15, 2025
IPO Objectives
The primary objective of this IPO is to raise funds to support the company’s expansion plans. This includes investing in improving its manufacturing capabilities and meeting the increasing market demand for its products.
Pre-IPO Placements
Detailed information regarding pre-IPO placements has not been disclosed yet. Future updates may include announcements regarding major investors and their contributions.
Financial Highlights
- FY 2021 Revenue: ₹2,912.34 lakhs
- FY 2022 Revenue: ₹3,032.68 lakhs
- FY 2023 Revenue: ₹3,357.94 lakhs
- FY 2025 Estimated Revenue: ₹4,849.59 lakhs
- Overall PAT Growth: From ₹41.85 lakhs to ₹215.09 lakhs in two years
Peer Comparison
- P/E Ratio: To be determined post-IPO.
- Market Cap: Details to be released upon listing.
- ROE: Not disclosed yet.
Strengths
- Strong operational efficiency leading to rising revenues.
- Established brand presence in the metals sector.
- Robust business model focused on quality and scalability.
Risks
- Potential fluctuations in raw material prices could impact profitability.
- Market competition may affect the company’s market share.
- Regulatory challenges could hinder operational growth.
Expert Verdict
Industry analysts are optimistic about Krupalu Metals’ future growth prospects, especially given its rising revenue figures and expanding market demand. Investors may find this IPO a lucrative investment opportunity.
Subscription Status
As of now, the subscription status details are pending and will be updated closer to the IPO opening date. Investors are encouraged to track this information.
Allotment & Listing Timeline
The allotment of shares will likely be completed post-IPO closing on September 10, 2025, followed by the listing of shares on BSE SME on September 15, 2025.
FAQs
- What is Krupalu Metals IPO price? ₹72 per share.
- When does the IPO open? The IPO opens on September 8, 2025.
- What is the lot size? 1,600 shares.
- Where can I apply for the IPO? You can apply for the IPO through your brokerage or by visiting the BSE SME portal.
How to Apply
To apply for the Krupalu Metals IPO, visit your broker’s platform or the BSE IPO page for detailed instructions and guidelines.