Krupalu Metals Limited is a Jamnagar-based manufacturer of brass and copper products, catering to diverse industrial needs with precision and quality.
The company specializes in producing brass and copper sheets, strips, and components such as inserts, pipe fittings, terminals, bus bars, and other custom-engineered parts. Alongside manufacturing, it also offers job work services to meet client-specific requirements.
The company operates a well-equipped manufacturing facility at Plot No. 4345, GIDC Phase-III, Dared Udhyognagar, Jamnagar, Gujarat, enabling consistent production of high-quality brass and copper products for industrial applications.
Krupalu Metals Limited’s product portfolio includes:
- Brass Sheets & Strips – Available in different thicknesses and finishes
- Brass & Copper Rods – Widely used in industrial applications
- Sheet Metal Parts – Customized pressed parts from brass and copper sheets
- Brass Washers & Stamping Parts – Precision-engineered components
- Brass Sheet Metal Components – Including press components and terminals
As of July 31, 2025, the company employs 13 permanent staff and engages around 40 contractual workers on a need basis, ensuring both operational flexibility and efficiency.
Krupalu Metals IPO – Details
| IPO Opening Date | 08 September 2025 |
| IPO Closing Date | 11 September 2025 |
| Issue Type | Fixed Price IPO |
| Issue Size | Total Issue: 18,72,000 Shares Worth ₹13.48 Crore Fresh Issue: 18,72,000 Shares Worth ₹13.48 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹72 per share |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Cameo Corporate Services Ltd. |
| NII Shares Offered | 50% |
| Retail Shares Offered | 50% |
Krupalu Metals IPO – Date Schedule
| IPO Open Date | 08 September 2025 |
| IPO Close Date | 11 September 2025 |
| Basis of Allotment | 12 September 2025 |
| Initiation of Refund | 15 September 2025 |
| Credit of Shares to Demat | 15 September 2025 |
| IPO Listing Date | 16 September 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 11, 2025 |
Krupalu Metals IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,30,400 |
| Retail (Max) | 2 | 3,200 | ₹2,30,400 |
| HNI (Min) | 3 | 4,800 | ₹3,45,600 |
Competitive Strengths
- Experienced management and a well-trained employee base.
- Existing client relationship.
- Quality Assurance and Standards.
- Expertise and vast industry experience.
- Innovative Ideas.
Company Promoters
- Mr. Jagdish Parsottambhai Katariya
- Mr. Navinbhai Katariya
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹33.58 Cr | ₹32.50 Cr | ₹ 0.42 Cr | ₹7.44 Cr |
| 31 March 2024 | ₹37.12 Cr | ₹34.54 Cr | ₹1.55 Cr | ₹9.57 Cr |
| 31 March 2025 | ₹48.50 Cr | ₹44.68 Cr | ₹2.15 Cr | ₹8.37 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | – |
| ROCE | 48.45% |
| Debt/Equity | 1.37 |
| RoNW | 35.12% |
| PAT Margin | 4.45% |
| EBITDA Margin | 7.65% |
| Price to Book Value | 7.09 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.38 | 3.66 |
| P/E (x) | 13.39 | 19.66 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding Capital Expenditure towards purchase of additional plant and machinery. | ₹5.18 |
| Working Capital Requirements. | ₹5.70 |
| Issue Related Expenses. | ₹1.49 |
| General Corporate Purposes. | ₹1.10 |
✅Strengths
- Wide range of brass & copper products with diverse applications.
- Steady revenue growth & improving profit margins.
- Experienced promoters with over 13 years in the industry.
- ISO 9001:2015 certified & long-term leased facility ensuring stability.
⚠️Risks
- High dependence on top customers (50% of revenue).
- Related-party competition from promoter group entity.
- Pending tax/excise litigations.
- Vulnerable to raw material price fluctuations & SME market volatility.
Krupalu Metals IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 68.12% |
Krupalu Metals IPO Prospectus
Company Contact Information
| Krupalu Metals Ltd. Plot No 4345, GIDC Phase-III, Dared Udhyognagar, Jamnagar, Gujarat, 361009 Phone: 91 7862060996 Email: compliance@krupalumetals.com Website: http://www.krupalumetals.com/ |
Krupalu Metals IPO Registrar
| Cameo Corporate Services Ltd. Phone: +91-44-28460390 Email: ipo@cameoindia.com Website: https://ipo.cameoindia.com/ |
Krupalu Metals IPO Lead Manager(s)
| 1. Finshore Management Services Ltd. |
Krupalu Metals IPO FAQ
| What is Krupalu Metals IPO? Krupalu Metals IPO is an SME IPO. The issue is priced at ₹72 per equity share. The IPO is to be listed on BSE SME. |
| When Krupalu Metals IPO will open? The IPO is to open on 08 September 2025 for NII and Retail Investors. |
| What is Krupalu Metals IPO Investors’ Portion? The investors’ portion for NII – 50% and for Retail – 50%. |
| What is the Krupalu Metals IPO Size? Krupalu Metals IPO size is ₹13.48 Crore. |
| What is Krupalu Metals IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 3200 Shares with ₹2,30,400 amount, while the maximum bid is 3200 Shares with ₹2,30,400. |
| What is the Krupalu Metals IPO Allotment Date? Krupalu Metals IPO allotment date is 12 September 2025. |
| What is the Krupalu Metals IPO Listing Date? Krupalu Metals IPO listing date is 16 September 2025. The IPO is to be listed on the BSE SME. |
