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Mittal Sections Ltd. IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.143.00
Issue Size:
Rs.52.91 Cr
Lot Size:
1000 shares
Open Date:
October 7
Mittal Sections Ltd. IPO Overview
Bidding Dates
October 7 - October 9
Min Investment
₹143,000
Price Range
₹143.00
Issue Size
₹52.91 Cr
IPO DRHP Doc
Company Overview
Mittal Sections Ltd. is a company incorporated in 2009, engaged in the manufacturing of basic iron and steel products. Wealth Mine Networks Pvt. Ltd. is the book running lead manager, and Bigshare Services Pvt. Ltd. is the registrar of the issue.
IPO Timeline
Opens
Oct 7
Closes
Oct 9
Allotment
Oct 10
Refunds
Oct 13
Shares Credit
Oct 13
Listing
Oct 14
Opens
Oct 7
Closes
Oct 9
Allotment
Oct 10
Refunds
Oct 13
Shares Credit
Oct 13
Listing
Oct 14
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 1.13x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 0.55x | Partially Subscribed |
| RII (Retail Individual Investors) | 4.08x | Oversubscribed |
| Total Subscription | 2.25x | Oversubscribed |
Last updated: Oct 9, 2025, 05:06 PM
Current GMP:
No Premium
Est. Listing:
Rs.143
Est. Gain:
0%
Star Rating:
★★★★★(0/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Assets | ₹45.42 Cr | ₹45.42 Cr | ₹29.04 Cr | ₹33.37 Cr |
| EBITDA | ₹7.79 Cr | ₹7.79 Cr | ₹5.53 Cr | ₹3.27 Cr |
| NET Worth | ₹10.34 Cr | ₹10.34 Cr | ₹6.73 Cr | ₹4.84 Cr |
| Profit After Tax | ₹3.61 Cr | ₹3.61 Cr | ₹1.89 Cr | ₹0.56 Cr |
| Reserves and Surplus | ₹2.47 Cr | ₹2.47 Cr | ₹4.11 Cr | ₹2.21 Cr |
| Total Borrowing | ₹21.09 Cr | ₹21.09 Cr | ₹15 Cr | ₹20.39 Cr |
| Total Income | ₹137.07 Cr | ₹137.07 Cr | ₹161.65 Cr | ₹167.53 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Established manufacturer of mild steel sections and structural steel products under the brand “MSL-Mittal.”
- Wide product portfolio (55+ SKUs) catering to construction, automotive, and engineering sectors.
- Expanding capacity from 36,000 MTPA to 96,000 MTPA by FY26 to meet growing demand.
- Experienced promoters with 15+ years in steel manufacturing and strong supplier relationships.
- Consistent improvement in financials with rising margins, ROE above 25%, and lower debt-equity ratio.
IPO Details
Mittal Sections IPO Details
| Face Value | ₹10 per share |
| IPO Date | October 7, 2025 to October 9, 2025 |
| Issue Price Band | ₹136 to ₹143 per share |
| Issue Price Final | ₹143 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Listing Date | October 14, 2025 |
| Lot Size | 1,000 Shares |
| Net Offered to Public | 35,15,000 shares (aggregating up to ₹50.26 Cr) |
| Reserved for Market Maker | 1,85,000 shares (aggregating up to ₹2.65 Cr)Sunflower Broking Pvt.Ltd. |
| Sale Type | Fresh Capital |
| Share Holding Post Issue | 1,15,67,500 shares |
| Share Holding Pre Issue | 78,67,500 shares |
| Total Issue Size | 37,00,000 shares (aggregating up to ₹52.91 Cr) |
Mittal Sections IPO Reservation
Share Reservation Distribution
HNI (NII)
1,665,000 shares (45%)
Retail
1,665,000 shares (45%)
bNII (>₹10L)
1,110,000 shares (30%)
sNII (<₹10L)
555,000 shares (15%)
Market Maker
185,000 shares (5%)
QIB
185,000 shares (5%)
Mittal Sections IPO Promoter Holding
| Promoter Holding Post Issue | |
| Promoter Holding Pre Issue | 99.92% |
Mittal Sections IPO Listing Details
| BSE Listing Group | MT (Trade to Trade) |
| BSE Script Code | 544575 |
| Final Issue Price | ₹143 per share |
| ISIN | INE833Q01012 |
| Listing Date | October 14, 2025 |
| NSE Symbol |
Key Dates
Open Date:October 7
Close Date:October 9
Listing Date:October 14
