
Krupalu Metals IPO
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Schedule of Krupalu Metals
Issue open date | 08 Sep 2025 |
Issue close date | 10 Sep 2025 |
UPI mandate deadline | 10 Sep 2025 (5 PM) |
Allotment finalization | 11 Sep 2025 |
Refund initiation | 12 Sep 2025 |
Share credit | 12 Sep 2025 |
Listing date | 15 Sep 2025 |
Mandate end date | 25 Sep 2025 |
Lock-in end date for anchor investors (50%) | 11 Oct 2025 |
Lock-in end date for anchor investors (remaining) | 11 Dec 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Krupalu Metals
Krupalu Metals is engaged in manufacturing a wide range of brass and copper products. The company specialises in producing brass and copper sheets and strips, metal components, and providing various job work services. These metal components include cutting components, inserts, pipe fittings, profiles, terminals, electrical components, bus bars, and many other customised products. The company also trades raw materials and operates from Jamnagar, Gujarat.
Financials of Krupalu Metals
Issue size
Funds Raised in the IPO | Amount |
Overall | ₹13.48 crores |
Fresh Issue | ₹13.48 crores |
Utilisation of proceeds
Purpose | INR crores (%) |
Purchase of additional plant and machinery | 5.18 (38.4%) |
Working capital requirement | 5.70 (42.28%) |
Issue related expenses | 1.49 (11%) |
General corporate expenses | 1.10 (8.16%) |
Strengths
- Established manufacturing capabilities in brass and copper products
- Diversified product portfolio including sheets, strips, and components
- Strategic location in Gujarat’s industrial hub
- Experienced promoter group with industry expertise
- Growing market demand for metal components
- Ability to provide customised solutions to customers
Risks
- Dependence on raw material price fluctuations for brass and copper
- Concentration of manufacturing operations in single location (Gujarat)
- Significant portion of revenue from limited number of customers
- Competition from larger organised and unorganised players
- Regulatory changes affecting metal manufacturing industry
Allotment Status for Krupalu Metals
To check your allotment status – click here.