Krupalu Metals shares listed at 20 percent discount to its IPO price on September 16, following nearly 3 times subscription to its Rs 13.48-crore issue in the primary market between September 8 - 11.
Shares of Jamnagar-based manufacturer of brass and copper products Krupalu Metals listed on the SME platform of the BSE at Rs 57.60 per share, a discount of 20 percent from its issue price. The company had set a price band of Rs 72 per share.
Krupalu Metals specializes in the production of a diverse range of brass and copper products, including sheets, strips, rods, and tailor-made components. Its offerings also cover sheet metal parts, brass washers, and stamped parts.
The company operates from its manufacturing facility in Jamnagar, Gujarat—a region renowned as a hub for brass manufacturing. As of July 2025, Krupalu Metals employed 13 permanent staff members, supported by an additional workforce of about 40 contractual employees engaged as required.
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