New Delhi, Jan. 27 -- Kasturi Metal Composite IPO Day 1: The initial public offering of Kasturi Metal Composite opened for subscription today January 27 and will close on Thursday, January 29. The SME IPO price band has been set in the range of Rs.61-64 per share.

The company aims to raise Rs.17.61 crore from this initial public offering (IPO), which is entirely a fresh issue of 28 lakh shares with no offer for sale component.

The IPO allotment is expected on Friday, January 30, 2025, while successful applicants are likely to receive their shares on Monday, February 1. Refunds for non-allottees will also be processed on the same day. The stock is scheduled to list on the BSE SME with a tentative listing date of Tuesday, February 3, 2025...