Krupalu Metals IPO Subscribed 2.96x on Day 4
Krupalu Metals IPO subscription started on Monday, September 8, 2025, and will close on September 11, 2025. The price band is set at ₹72 per share with a face value of ₹10.
Krupalu Metals IPO subscribed over 2.96x on its last day till 05.00 PM on 11 September 2025.
QIB investors’ portion: 0.00x
NII subscribed: 6.45x
RII investors subscribed: 1.85x
The company received bids for 21,29,600 shares against 7,18,400 shares on the last day.
Krupalu Metals Limited, founded in 2012, manufactures a wide range of brass and copper products such as sheets, strips, inserts, pipe fittings, terminals, and bus bars.
The manufacturing facility is located at Plot No. 4345, GIDC Phase-III, Dared Udhyognagar, Jamnagar, Gujarat, 361009.
Key strengths: experienced management team, trained workforce, strong client relationships, rigorous Quality Assurance, and extensive industry expertise.
As of Thursday, 11 September 2025, the GMP was ₹0, indicating the IPO is trading at ₹72 with no premium in the grey market against the issue price of ₹72.
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