{"id":10119,"date":"2026-01-30T07:00:24","date_gmt":"2026-01-30T07:00:24","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/?p=10119"},"modified":"2026-01-30T07:00:26","modified_gmt":"2026-01-30T07:00:26","slug":"kasturi-metal-composite-ipo-allotment-status-gmp","status":"publish","type":"post","link":"https:\/\/lemonn.co.in\/blog\/ipo\/kasturi-metal-composite-ipo-allotment-status-gmp\/","title":{"rendered":"Kasturi Metal Composite IPO Allotment Status, Subscription, GMP &amp; Verification"},"content":{"rendered":"<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"890\" height=\"593\" src=\"https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/01\/kasturi-metal-composite-ipo.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Kasturi Metal Composite IPO Allotment Status, Subscription, GMP &amp; Verification\" style=\"object-fit:cover;\" srcset=\"https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/01\/kasturi-metal-composite-ipo.png 890w, https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/01\/kasturi-metal-composite-ipo-300x200.png 300w, https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/01\/kasturi-metal-composite-ipo-768x512.png 768w, https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/01\/kasturi-metal-composite-ipo-150x100.png 150w\" sizes=\"auto, (max-width: 890px) 100vw, 890px\" \/><\/figure>\n\n\n<h2 id='introduction-what-investors-need-to-know'  id=\"boomdevs_1\" class=\"wp-block-heading\">Introduction: What Investors Need to Know<\/h2>\n\n\n\n<p>The <em>Kasturi Metal Composite IPO<\/em> has been one of the closely watched SME public issues in January-February 2026. Investors who applied during the subscription period are now eager to check the <em>allotment status<\/em>, understand <em>grey market premium (GMP)<\/em> trends, and verify whether they received shares. This guide explains each of these &#8211; clearly and step\u2011by\u2011step &#8211; so you can track your investment results.<\/p>\n\n\n\n<h2 id='kasturi-metal-composite-ipo-overview'  id=\"boomdevs_2\" class=\"wp-block-heading\"><strong>Kasturi Metal Composite IPO Overview<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Price Band:<\/strong> \u20b961 \u2013 \u20b964 per share<\/li>\n\n\n\n<li><strong>Issue Size:<\/strong> ~\u20b918\u00a0crore (approx 27.52 lakh shares)<\/li>\n\n\n\n<li><strong>Lot Size:<\/strong> 2,000 shares per lot (minimum)<\/li>\n\n\n\n<li><strong>IPO Period:<\/strong> <strong>27\u201329 January 2026<\/strong><\/li>\n\n\n\n<li><strong>Allotment Finalized:<\/strong> <strong>30 January 2026<\/strong><\/li>\n\n\n\n<li><strong>Listing Date:<\/strong> <strong>3 February 2026<\/strong> on BSE SME segment<\/li>\n<\/ul>\n\n\n\n<p>This IPO was entirely a <em>fresh issue<\/em>, meaning all proceeds go to the company\u2019s business objectives &#8211; such as expanding manufacturing capabilities and general working capital.<\/p>\n\n\n\n<h2 id='subscription-status-how-strong-was-demand'  id=\"boomdevs_3\" class=\"wp-block-heading\"><strong>Subscription Status: How Strong Was Demand?<\/strong><\/h2>\n\n\n\n<p>Subscription data shows how many times the IPO was oversubscribed compared with available shares:<\/p>\n\n\n\n<h2 id='latest-known-subscription-snapshot-final-days-of-ipo'  id=\"boomdevs_4\" class=\"wp-block-heading\"><strong>Latest Known Subscription Snapshot (Final Days of IPO)<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Investor Category<\/th><th>Subscription (\u00d7)<\/th><\/tr><\/thead><tbody><tr><td>Qualified Institutional Buyers (QIB)<\/td><td>~4\u00d7<\/td><\/tr><tr><td>Retail Individual Investors<\/td><td>~1.1\u00d7<\/td><\/tr><tr><td>Non\u2011Institutional Investors (NII \/ HNI segments)<\/td><td>~0.49\u00d7<\/td><\/tr><tr><td><strong>Total Subscription<\/strong><\/td><td><strong>~1.8\u00d7 overall<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><em>Note:<\/em> These numbers reflect the final tally before the IPO closed. A total subscription above 1\u00d7 means there was <em>demand exceeding available shares<\/em> overall &#8211; positive for allotment chances.<\/p>\n\n\n\n<h2 id='what-is-grey-market-premium-gmp'  id=\"boomdevs_5\" class=\"wp-block-heading\"><strong>What Is Grey Market Premium (GMP)?<\/strong><\/h2>\n\n\n\n<p><strong>GMP<\/strong> stands for <em>Grey Market Premium<\/em> &#8211; it\u2019s the unofficial premium (or discount) at which IPO shares are trading in the grey market <strong>before official listing<\/strong>. This gives a <em>sentiment indicator<\/em> but not a guaranteed outcome.<\/p>\n\n\n\n<p><strong>Current Kasturi Metal Composite GMP<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>As of the latest update, GMP is <strong>\u20b90<\/strong>, meaning the grey market hasn\u2019t shown a premium or discount (i.e., expected listing price close to issue price).<\/li>\n<\/ul>\n\n\n\n<p><strong>Important:<\/strong> GMP is unofficial and not regulated by SEBI. It should be used as a <em>sentiment gauge only<\/em> and not a financial recommendation.<\/p>\n\n\n\n<h2 id='how-to-check-your-ipo-allotment-status'  id=\"boomdevs_6\" class=\"wp-block-heading\"><strong>How to Check Your IPO Allotment Status<\/strong><\/h2>\n\n\n\n<p>Once allotment is finalized (usually the day after the IPO closes), you can check online whether you were allotted shares.<\/p>\n\n\n\n<h3 id='ways-to-verify'  id=\"boomdevs_7\" class=\"wp-block-heading\"><strong>Ways to Verify:<\/strong><\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Registrar\u2019s Website (Bigshare Services Pvt Ltd)<\/strong><br>Visit the allotment page and enter:\n<ul class=\"wp-block-list\">\n<li>PAN number<\/li>\n\n\n\n<li>Application number<\/li>\n\n\n\n<li>DP ID \/ Client ID<br>to see your allotment status.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Stock Exchange Site<\/strong>\n<ul class=\"wp-block-list\">\n<li>BSE SME IPO Allotment status page<\/li>\n\n\n\n<li>NSE (if also listed \/ visibility provided)<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Through Your Broker App<\/strong><br>Most broker platforms (Lemonn, Groww, Upstox, etc.) notify allotment status automatically.<\/li>\n\n\n\n<li><strong>Bank \/ Demat Account<\/strong><br>You\u2019ll see the credited shares in your demat account once allotment is complete (usually 1\u20132 days after the basis of allotment).<\/li>\n<\/ol>\n\n\n\n<p>If you <strong>didn\u2019t get allotment<\/strong>, refunds will be initiated automatically to your bank account.<\/p>\n\n\n\n<h2 id='expected-listing-investor-outlook'  id=\"boomdevs_8\" class=\"wp-block-heading\"><strong>Expected Listing &amp; Investor Outlook<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Listing Date:<\/strong> 3 February 2026 on <em>BSE SME<\/em> segment &#8211; shares start trading this day.<\/li>\n\n\n\n<li><strong>Expected Listing Price:<\/strong> Tentatively around the issue close (\u20b964), based on current GMP sentiment (\u20b90).<\/li>\n<\/ul>\n\n\n\n<p>Whether the listing sees gains or softness depends on <em>market sentiment, demand on listing day<\/em>, and broader indices performance.<\/p>\n\n\n\n<h2 id='faqs'  id=\"boomdevs_9\" class=\"wp-block-heading\"><strong>FAQs<\/strong><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1769756306353\" class=\"rank-math-list-item\">\n<h3 id='q1-when-was-the-kasturi-metal-composite-ipo-allotment-finalized'  id=\"boomdevs_10\" class=\"rank-math-question \"><strong>Q1. When was the Kasturi Metal Composite IPO allotment finalized?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>January 30, 2026.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1769756315219\" class=\"rank-math-list-item\">\n<h3 id='q2-how-can-i-check-my-ipo-allotment'  id=\"boomdevs_11\" class=\"rank-math-question \"><strong>Q2. How can I check my IPO allotment?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Use the registrar\u2019s IPO allotment status form with your PAN or application number.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1769756324634\" class=\"rank-math-list-item\">\n<h3 id='q3-what-does-a-\u20b90-gmp-indicate'  id=\"boomdevs_12\" class=\"rank-math-question \"><strong>Q3. What does a \u20b90 GMP indicate?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>No apparent grey market premium, suggesting expected listing close to issue price.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1769756329684\" class=\"rank-math-list-item\">\n<h3 id='q4-what-if-shares-aren-t-allotted'  id=\"boomdevs_13\" class=\"rank-math-question \"><strong>Q4. What if shares aren\u2019t allotted?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>You\u2019ll receive a refund as per IPO timeline through your bank or ASBA account.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<h2 id='conclusion'  id=\"boomdevs_14\" class=\"wp-block-heading\"><strong>Conclusion<\/strong><\/h2>\n\n\n\n<p>The <em>Kasturi Metal Composite IPO<\/em> attracted fair interest from institutional and retail investors, with a subscription of ~1.8\u00d7 overall. Allotment was finalized on <strong>30 January 2026<\/strong>, and share listings began on <strong>3 February 2026<\/strong>. Investors should now check their allotment status online through the registrar or broker, and watch the listing movement to decide next steps.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Introduction: What Investors Need to Know The Kasturi Metal Composite IPO has been one of the closely watched SME public issues in January-February 2026. Investors who applied during the subscription period are now eager to check the allotment status, understand grey market premium (GMP) trends, and verify whether they received shares. This guide explains each [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":10116,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-10119","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/10119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/comments?post=10119"}],"version-history":[{"count":1,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/10119\/revisions"}],"predecessor-version":[{"id":10120,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/10119\/revisions\/10120"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media\/10116"}],"wp:attachment":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media?parent=10119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/categories?post=10119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/tags?post=10119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}