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Mittal Sections Ltd

Mittal Sections Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹143
₹143
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹143
Based on GMP
Min. Investment
₹143,000
1 lot × 1000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
07 Oct 2025
Close Date
09 Oct 2025
Allotment
10 Oct 2025
Listing Date
14 Oct 2025
Exchange
BSE SME
Price Band
₹143
Listing Price
See chart
Allotment Status
Price Band
₹143
Per share
Face Value
₹10 per share
 
Lot Size
1,000 Shares
per lot
Issue Size
37,00,000 shares (aggregating up to ₹52.91 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹143,000
1 lot
Pre-IPO Holding
78,67,500 shares
Promoters
Post-IPO Holding
1,15,67,500 shares
Promoters
P/E (Pre)
31.15x
 
P/E (Post)
18.79x
 
EPS (Pre)
₹4.59
 
EPS (Post)
₹7.61
 
UPI Deadline
2025-10-09
Mandate
Anchor AllotmentMon, 06 Oct 2025
Basis of AllotmentFri, 10 Oct 2025
Refund InitiationMon, 13 Oct 2025
Demat CreditMon, 13 Oct 2025
Listing DayTue, 14 Oct 2025
UPI Mandate Deadline2025-10-09
Sale TypeFresh Capital
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Mittal Sections Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 09 Oct 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
3,700,000
100% ₹52.91
IPO Shares Offered
Mittal Sections Ltd IPO total issue size: ₹52.91 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 3,700,000 ₹52.91
100.00%
* Based on upper price band ₹143 per share
Lot Size & Investment
Lot Size
1,000
Shares per Lot
Issue Price
₹143.00
Upper Band
Min Investment
₹143,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,000₹286,000
Retail (Max — 13 Lots)1313,000₹1,859,000
S-HNI (Min — 14 Lots)1414,000₹2,002,000
B-HNI (Min — 68 Lots)6868,000₹9,724,000
* Issue Price ₹143 × Lot Size 1,000 shares
IPO Schedule
Anchor
06 Oct 2025
✓ Done
IPO Open
07 Oct 2025
✓ Done
IPO Close
09 Oct 2025
✓ Done
Allotment
10 Oct 2025
✓ Done
Refunds
13 Oct 2025
✓ Done
Demat Credit
13 Oct 2025
✓ Done
Listing Day
14 Oct 2025
✓ Done
Mittal Sections Ltd — Live Price LIVE
₹143.00
INR · BSE
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Issue ₹143.00 Live Price
About Mittal Sections Ltd
Incorporated in 2009, Mittal Sections Limited is engaged in the manufacturing of basic iron and steel products.The company is a manufacturer of mild steel sections and structural steel products, including MS flat bars, round bars, angles, and channels, offering a wide range of high-quality solutions.The company markets its products under the brand name “MSL-MITTAL,” known for quality, durability, and industry standards, ensuring reliable steel products that meet strict specifications for client projects.The company operates two manufacturing plants in Changodar, Ahmedabad, Gujarat, with an installed capacity of 36,000 MTPA. Expansion plans aim to increase capacity to 96,000 MTPA.Products:MS Angle: L-shaped mild steel components for strong, stable, and corrosion-resistant load-bearing applications.MS Flats: Rectangular steel for construction, automotive, and engineering, offering durability and easy fabrication.MS Round Bar: Cylindrical steel known for ductility, strength, and easy fabrication in construction and manufacturing.MS Channel: C-shaped steel providing excellent load distribution, structural stability, and easy weldability for heavy use.As of February 28, 2025, the company has 63 permanent employees.Competitve Strengths:Well-established manufacturing setupManufacturing plants are strategically located, leading to cost efficiencies and a stable supply chainStrong Customer BaseIn depth understanding of customers’ requirementsWide range of our product SKUsExperienced Promoters and management team
Objects of the Issue
1
To Capital expenditure towards Acquisition of Land, Construction of Factory Building and Purchase of Plant & Machineries
2
To meet Working Capital requirements
3
Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company
4
General Corporate Purposes
Mittal Sections Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹167.5
31 Mar 2023
₹161.7
31 Mar 2024
₹69.0
30 Sep 2024
Profit After Tax (PAT)
₹0.6
31 Mar 2023
₹1.9
31 Mar 2024
₹2.4
30 Sep 2024
Particulars30 Sep 202431 Mar 202431 Mar 2023
Revenue from Operations 68.97 161.65 167.53
EBITDA N/A N/A N/A
Profit After Tax (PAT) 2.41 1.89 0.56
Net Worth 9.14 6.73 4.84
Total Assets 35.11 29.04 33.37
Reserves & Surplus 6.52 4.11 2.21
Borrowings 12.99 15.00 20.39
EBITDA Margin (%) 5.69%
PAT Margin (%) 2.64%
P/BV Ratio
10.87
RoE
34.92%
RoCE
31.27%
RoNW
34.92%
PAT Margin
2.64%
EBITDA Margin
5.69%
Debt/Equity
2.04
Issue Structure & Shareholding
Total Shares Offered37,00,000 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding78,67,500 shares
Post-Issue Promoter Holding1,15,67,500 shares
P/BV Ratio10.87
RoE34.92%
RoCE31.27%
Debt / Equity2.04
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Wealth Mine Networks Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Mittal Sections Ltd IPO subscribed?

Mittal Sections Ltd IPO is subscribed 1.00 times by Oct 09, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Mittal Sections Ltd IPO retail subscription status?

The Mittal Sections Ltd IPO retail category is subscribed 1.00 times as of 09 Oct 2025. The retail portion is oversubscribed.

How to subscribe Mittal Sections Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 07 Oct 2025 and closes 09 Oct 2025. Min investment: ₹143,000 (1 lot = 1,000 shares). UPI mandate: 2025-10-09.

How many times Mittal Sections Ltd IPO subscribed?

The Mittal Sections Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Mittal Sections Ltd IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 10 Oct 2025. Refunds: on 13 Oct 2025.

When Mittal Sections Ltd IPO will be listed?

The Mittal Sections Ltd IPO listing date is 14 Oct 2025, Tuesday. Listed on: BSE SME. Issue price: ₹143. Estimated listing: ₹143. GMP: NIL.

When Mittal Sections Ltd IPO close?

The Mittal Sections Ltd IPO closes on 09 Oct 2025, Thursday. UPI mandate: 2025-10-09. Allotment: 10 Oct 2025. Listing: 14 Oct 2025.