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Mittal Sections Ltd IPO
BSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹143
Issue Price
₹143
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹143
GMP based
Lot Size
1,000
shares / lot
Min Amount
₹143,000
1 lot · 1,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
07 Oct 2025
Tue Completed
Done
Close Date
09 Oct 2025
Thu Completed
Done
Allotment
10 Oct 2025
Fri Completed
Done
Refund
13 Oct 2025
Mon Completed
Done
Demat Credit
13 Oct 2025
Mon Completed
Done
Listing Date
14 Oct 2025
Tue Completed
UPI Deadline: 09 Oct 2025
Issue Details
Pricing & Size
Issue Price
₹143 Face ₹10
Lot Size
1,000 shares
Min Investment
₹143,000
Total Issue Size
37,00,000 shares (aggregating up to ₹52.91 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,85,000 (5.00%)
QIB Portion
1,85,000 (5.00%)
NII / HNI
16,65,000 (45.00%)
Retail
16,65,000 (45.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
78,67,500 shares
Post-Issue Shareholding
1,15,67,500 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 2 2,000 ₹2,86,000
HNI / NII 3 3,000 ₹4,29,000
Objects of Issue
4 objectives
1
To Capital expenditure towards Acquisition of Land, Construction of Factory Building and Purchase of Plant & Machineries
20.88 Cr
2
To meet Working Capital requirements
15 Cr
3
Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company
5 Cr
4
General Corporate Purposes
Lead Managers & Market Maker
Book Running Lead Managers
Wealth Mine Networks Pvt.Ltd
Market Maker
Sunflower Broking Pvt.Ltd
IPO Timeline
Open
07 Oct
✓ Done
Close
09 Oct
✓ Done
Allotment
10 Oct
✓ Done
Listing
14 Oct
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
info@mittalsections.com
Phone
+91-79-26465484
Address
01, Sona Roopa Apartment, Opp. Lal Bunglow, C.G. Road, Navrangpura Ahmedabad, Gujarat, 380009
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹143
Est. Listing
₹143
Lot Size
1,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Mittal Sections Ltd LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹143
GMP
+₹0 (+0%)
GMP Est. Listing
₹143
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 1,85,000 (5.00%) ₹26.46 Cr
NII / HNI (Total) 16,65,000 (45.00%) ₹2,380.95 Cr
Retail Investors 16,65,000 (45.00%) ₹2,380.95 Cr
Total ** 37,00,000 (100.00%) ₹52,910.00 Cr
Market Maker * 1,85,000 (5.00%) ₹26.46 Cr
* Based on ₹143.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
1,85,000 (5.00%)
NII
16,65,000 (45.00%)
Retail
16,65,000 (45.00%)
Market Maker
1,85,000 (5.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric30 Sep 202431 Mar 202431 Mar 2023
Revenue68.97161.65167.53
PAT2.411.890.56
EBITDA
Net Worth9.146.734.84
Total Assets35.1129.0433.37
Reserves6.524.112.21
Borrowings12.9915.0020.39
Key Financial Ratios
34.92%
ROE
Return on Equity
31.27%
ROCE
Return on Capital Employed
34.92%
RONW
Return on Net Worth
2.64%
PAT Margin
PAT / Revenue
5.69%
EBITDA Mgn
EBITDA / Revenue
2.04
D/E Ratio
Debt to Equity
10.87
P/BV
Price to Book Value
4.59
Pre EPS
EPS Pre-Issue
7.61
Post EPS
EPS Post-Issue
31.15
Pre P/E
P/E Pre-Issue
18.79
Post P/E
P/E Post-Issue
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 setup
  • Manufacturing plants are strategically located, leading to cost efficiencies and a stable supply chain
  • Strong Customer Base
  • In depth understanding of customers’ requirements
  • Wide range of our product SKUs
  • Experienced Promoters and management team
Frequently Asked Questions
What is the issue price of Mittal Sections Ltd IPO?
The issue price of Mittal Sections Ltd IPO is ₹143 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,000 shares, requiring ₹143,000.
What are the IPO dates?
Opens 07 Oct 2025, closes 09 Oct 2025.
When is the listing date?
Tentative listing: 14 Oct 2025 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹143 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Mittal Sections Ltd IPO · Expected 10 Oct 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
10 Oct 2025
Refund Initiation
13 Oct 2025
Demat Credit
13 Oct 2025
Listing Date
14 Oct 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹143
Face ₹10
Lot Size
1,000
shares / lot
Min Amount
₹143,000
1 lot
Est. Listing
₹143
GMP +₹0
Key Dates
Open
07 Oct Done
Close
09 Oct Done
Listing
14 Oct Done
Registrar
Bigshare Services Pvt.Ltd
A
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