Krupalu Metals Ltd IPO

LISTED
SME

NSE • Lot Size: 3000 • Non Ferrous Metals

Issue38
Listed57.6+52%
Now18.7-50.8%
50.8%

*Last updated on 11 Jan 2026

Price Band

₹36 - ₹38

Lot Size

3000

Issue Size

₹28.5 Cr

GMP

+₹11

Subscription

2.96x

Analyzing...

IPO Schedule

1

Open

26 Nov 2025

2

Close

28 Nov 2025

3

Allotment

12 Sept 2025

4

Listing

16 Sept 2025

About Krupalu Metals Ltd

Krupalu Metals Ltd. is an SME focused on trading and processing various metal products. The company primarily deals with steel and iron products, catering to diverse industrial applications.

Key Strengths

  • Established relationships with suppliers and customers.
  • Experienced management team with industry expertise.
  • Consistent revenue growth over the past few years.
  • Strategic location providing logistical advantages.
  • Moderate ROE indicating decent profitability.

Risk Factors

  • Exposure to fluctuations in metal prices and currency exchange rates.
  • Dependence on a limited number of key customers and suppliers.
  • Intense competition in the metals trading and processing industry.
  • SME segment IPO; liquidity risk may be higher

Valuation Analysis

The IPO appears reasonably priced with a P/E of 12.12, indicating potential for appreciation if the company maintains its growth trajectory. However, investors should consider the inherent risks associated with SME IPOs and the cyclical nature of the metals industry.

IPO Details

ExchangeNSE
SegmentSME
ISININE0EOJ01014
NSE SymbolKRUPALU
Face Value10
Lot Size3000
Issue Size₹28.5 Cr

Key Metrics

ROE11.79%
ROCE12.44%
P/E Ratio12.12
Industry P/E20
EPS3.13
PAT Margin2.11%
Debt/Equity1.49

Growth & Quality

Revenue Growth (YoY)18.7%
ProfitableYes ✓
Anchor Investors4

Subscription

Total0.08x
Imbalance Ratio33.7x

Documents

Key Dates

Open Date26 Nov 2025
Close Date28 Nov 2025
Allotment12 Sept 2025
Listing16 Sept 2025