Mittal Sections
BSE SME₹2,86,000 / Individual : 2000 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 09 Oct 2025, 06:57 PM |
| QIBs | 1.13 times |
| NII | 0.66 times |
| Total | 2.31 times |
Mittal Sections IPO Details
The Mittal Sections IPO price band is set between ₹136-143 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt.Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 7 Oct, 2025 and closes on 9 Oct, 2025. Investors can check the allotment status on 10 Oct, 2025, while the listing date is tentatively scheduled for 14 Oct, 2025.
The total issue size is 37,00,000 shares, aggregating up to ₹52.91 crore. Stay tuned for the latest Mittal Sections IPO review and GMP updates.
Mittal Sections IPO Review, Rating & Analysis
Mittal Sections IPO Review
NO REVIEWMittal Sections IPO Rating
Mittal Sections IPO Highlights
IPO Date
Oct 7, 2025 - Oct 9, 2025
Listing Date
14 Oct, 2025
Face Value
₹10 Per Equity Share
Price Band
₹136-143 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Mittal Sections IPO Lot Size
The minimum market lot for Mittal Sections IPO is 2000 shares with an application amount of ₹2,86,000. Retail investors can apply for up to 0 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹2,86,000 |
| Retail (Max) | 0 | 0 | ₹0 |
| S-HNI (Min) | 1 | 2000 | ₹2,86,000 |
| S-HNI (Max) | 3 | 6000 | ₹8,58,000 |
| B-HNI (Min) | 4 | 8000 | ₹11,44,000 |
Mittal Sections IPO Timeline
Issue Price
₹136-143 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt.LtdLead Manager
Wealth Mine Networks Pvt.Ltd.Issue Size
37,00,000 shares(aggregating up to ₹52.91 crore)Mittal Sections IPO Valuations
EPS Pre IPO
₹/-EPS Post IPO
₹/-PE Pre IPO
-PE Post IPO
-ROE
34.92%ROCE
31.27%Debt Equity
2.04RoNW
34.92%PAT Margin
2.64%Price to Book Value
10.87Promoters & Share Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Registered in 2009, Mittal Sections Limited deals in manufacturing basic iron and steel products.
The firm is a producer of mild steel sections and structural steel items, such as MS flat bars, round bars, angles, and channels, providing diversified high-quality solutions.The firm sells its products under the brand name 'MSL-MITTAL, quality, strength, and industry standard, providing consistent steel products to meet stringent specifications for customer projects.
The firm has two production facilities in Changodar, Ahmedabad, Gujarat, with a capacity of 36,000 MTPA. Plans to expand include raising the capacity to 96,000 MTPA.
As of February 28, 2025, the firm had 63 permanent staff members.
Mittal Sections IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 1,85,000 / 16,65,000 | <span>16,65,000</span> | 35,15,000 | |
Day 107-10-25 06:00 PM | 0.75 / 0.35 x | <span>2.21 x</span> | 1.25 x | |
Day 208-10-25 06:00 PM | 0.75 / 0.36 x | <span>3.09 x</span> | 1.68 x | |
Day 309-10-25 06:00 PM | 1.13 / 0.66 x | <span>4.08 x</span> | 2.31 x |
Mittal Sections IPO - Issue Objectives & Utilisation of proceeds
| Objectives | Amount |
|---|---|
| To Capital expenditure towards Acquisition of Land, Construction of Factory Building and Purchase of Plant & Machineries | - |
| To meet Working Capital requirements | - |
| Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company | - |
| General Corporate Purposes | - |
Company Contact Details
Mittal Sections
01, Sona Roopa Apartment, Opp. Lal Bunglow, C.G. Road, Navrangpura, Ahmedabad, Gujarat, 380009Registrar Contact Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Frequently Asked Questions about Mittal Sections IPO
When will Mittal Sections IPO open for subscription?
The Mittal Sections IPO opens on 7 Oct, 2025 and closes on 9 Oct, 2025.
What is the investors portion for Mittal Sections IPO?
The investors' portion for QIB is 1.13 0.66 x, NII is 4.08 x, and Retail is .
How to apply for Mittal Sections IPO?
You can apply for Mittal Sections IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Mittal Sections IPO?
The issue size of Mittal Sections IPO is approx ₹37,00,000 shares(aggregating up to ₹52.91 crore) crores.
What is the price band of Mittal Sections IPO?
The price band for Mittal Sections IPO is ₹136 to ₹143 per equity share.
What is the lot size of Mittal Sections IPO?
The minimum bid (lot size) for Mittal Sections IPO is N/A shares with an investment of approx ₹2,86,000 .
What is the allotment date of Mittal Sections IPO?
The allotment date for Mittal Sections IPO is 10 Oct, 2025.
What is the listing date of Mittal Sections IPO?
The listing date for Mittal Sections IPO is expected to be 14 Oct, 2025.
What is the GMP of Mittal Sections IPO?
The latest Grey Market Premium (GMP) for Mittal Sections IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.