Kasturi Metal Composite SME IPO subscribed 18x: Check allotment status
Kasturi Metal Composite's SME IPO will be finalised on Jan 30 with a high subscription rate of 17.75 times. The company raised Rs 17.61 crores through a fresh issue of shares and plans to list on the BSE SME platform on Feb 03. The IPO aims to fund a new manufacturing facility and has a strong financial track record with a net profit of Rs. 6.7 crores.