Mittal Sections Limited IPO
BSE SMEListed On: Oct 14, 2025 at ₹ 114.4
₹ 286000
/2000 Shares
*Min Investment
07 Oct, 2025
Open Date09 Oct, 2025
Close Date10 Oct, 2025
Allotment Date14 Oct, 2025
Listing DateMittal Sections IPO Live Subscription Details
View Subscription DetailsMittal Sections IPO Issue Details
- Issue Price ₹136-143 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 37,00,000 shares(aggregating up to ₹52.91 crore)
- Fresh Share 37,00,000 shares(aggregating up to ₹52.91 crore)
- Listing at BSE SME
- List Price 114.4
- Listing Date 2025-10-14
- Lead Manager Wealth Mine Networks Pvt.Ltd.
- Registrar Bigshare Services Pvt.Ltd
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 2000 | ₹2,86,000 |
| Individual(max) | 2 | 2000 | ₹2,86,000 |
| SHNI(min) | 3 | 3000 | ₹4,29,000 |
| SHNI(max) | 6 | 6000 | ₹8,58,000 |
| BHNI(min) | 7 | 7000 | ₹10,01,000 |
Mittal Sections IPO Reservation
Mittal Sections IPO offers total 37,00,000 shares. Out of which 1,85,000 (5%) allocated to QIB, 16,65,000 (45%) allocated to NII,16,65,000 (45%) allocated to RII, NA (NA%) allocated to employees and 0 (NA%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 0 (NA%) | |
| Market Maker Shares Offered | 1,85,000 (5%) | |
| QIB Shares Offered | 1,85,000 (5%) | |
| NII (HNI) Shares Offered | 16,65,000 (45%) | |
| bNII > ₹10L | 11,10,000 (30%) | |
| sNII < ₹10L | 5,55,000 (15%) | |
| Individual Shares Offered | 16,65,000 (45%) | |
| Total Shares Offered | 37,00,000 (100%) |
Mittal Sections IPO Details
Mittal Sections Limited IPO is an SME IPO, priced at ₹136-143 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 37,00,000 equity shares, aggregating up to ₹52.91 crores..
The IPO bidding window is open from Oct 7, 2025 to Oct 9, 2025. The allotment is expected to be finalized on Oct 10, 2025, and the tentative listing date is Oct 14, 2025.
The minimum lot size for Individual investors is 2000 shares, with a minimum investment of ₹2,86,000.
Wealth Mine Networks Pvt.Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt.Ltd, and
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Mittal Sections IPO Subscription Analysis And Details
| As on | QIB / NII | Individual | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,85,000 / 16,65,000 | 16,65,000 | 35,15,000 |
|
Day 1
07-10-25 06:00 PM
|
0.75 / 0.35 x | 2.21 x | 1.25 x |
|
Day 2
08-10-25 06:00 PM
|
0.75 / 0.36 x | 3.09 x | 1.68 x |
|
Day 3
09-10-25 06:00 PM
|
1.13 / 0.66 x | 4.08 x | 2.31 x |
Mittal Sections Valuations
Mittal Sections Company Financials
| 31-May-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|---|
| Assets | 50.48 | 45.42 | 29.04 | 33.37 |
| Revenue | 28.17 | 137.07 | 161.65 | 167.53 |
| Profit After Tax | 1.47 | 3.61 | 1.89 | 0.56 |
| Net Worth | 11.81 | 10.34 | 6.73 | 4.84 |
| Reserves & Surplus | 3.94 | 2.47 | 4.11 | 2.21 |
| Total Borrowing | 20.70 | 21.09 | 15.00 | 20.39 |
About Mittal Sections 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 - Promoter(s)
Mr. Ajaykumar Balwantrai Mittal
Mr. Atul Balwantrai Mittal
Well Plan Tradelink Pvt. Ltd.
Pre Issue Share Holding : 99.92%
Post Issue Share Holding : %
Mittal Sections IPO - Issue Objectives
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
Contact Details
Mittal Sections
01, Sona Roopa Apartment, Opp. Lal Bunglow, C.G. Road, Navrangpura, Ahmedabad, Gujarat, 380009
+91-79-26465484
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Mittal Sections IPO - FAQs
Ans. Mittal Sections Limited IPO is a SME IPO. The issue is priced at ₹136-143 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Oct 7, 2025, and closes on Oct 9, 2025. Bigshare Services Pvt.Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Mittal Sections Limited IPO opens on Oct 7, 2025 and closes on Oct 9, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Mittal Sections Limited IPO is 37,00,000 shares(aggregating up to ₹52.91 Cr).
Ans. The Mittal Sections Limited IPO price band is set between ₹136-143 per equity share.
Ans. To apply for Mittal Sections Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Mittal Sections Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Mittal Sections Limited IPO is Oct 10, 2025.
Ans. The Mittal Sections Limited IPO will be listed on Oct 14, 2025.
Ans. Follow the steps to check the Mittal Sections Limited IPO allotment status online.
