Mittal Sections IPO
Mittal Sections is a BSE SME IPO listed on the BSE SME platform, priced at ₹136–₹143 per share. The stock debuted at ₹114.4. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹2,86,000.
Mittal Sections Limited IPO
- IPO Dates
- Oct 7, 2025 – Oct 9, 2025
- Price band
- ₹136-143 per equity share
- Minimum Investment
- ₹2,86,000
- Issue size
- ₹52.91 Cr
- Lot size
- 1000
- Allotment Date
- Oct 10, 2025
- Listing
- Oct 14, 2025
- Listing At
- BSE SME
IPO timeline
-
Oct 7, 2025
Open Date
Completed
-
Oct 9, 2025
Close Date
Completed
-
Oct 10, 2025
Allotment Date
Completed
-
Oct 14, 2025
Listing Date
Completed
Mittal Sections IPO Subscription Details
View Subscription DetailsMittal Sections IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Mittal Sections IPO Essentials
Mittal Sections IPO Details
Mittal Sections IPO is priced at ₹136-143 per share with a total issue size of 52.91 crore. The IPO has a lot size of 1000 shares and is listed on BSE SME.
- Issue price
- ₹136-143 per equity share
- Lot size
- 1000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 37,00,000 shares(aggregating up to ₹52.91 Cr)
- Total issue size
- 37,00,000 shares
(aggregating up to ₹52.91 crore) - Fresh issue
- 37,00,000 shares
(aggregating up to ₹52.91 crore) - Listing at
- BSE SME
- List price
- 114.4
- Listing date
- Registrar
- Bigshare Services Pvt.Ltd
- Lead manager
-
Wealth Mine Networks 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 |
| sHNI(min) | 7 | 7000 | ₹10,01,000 |
Mittal Sections IPO Reservation
Mittal Sections IPO reservation details show category-wise allocation of shares. Out of the total 37,00,000 shares, approximately 5% are reserved for QIB, 45% for NII, 45% for retail investors, 5% for market maker, and 0% for 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%) | |
| bHNI > ₹10L | 11,10,000 (30%) | 370 |
| sHNI < ₹10L | 5,55,000 (15%) | 185 |
| Individual Shares Offered | 16,65,000 (45%) | 833 |
| Total Shares Offered | 37,00,000 (100%) |
Mittal Sections IPO Analytics
Mittal Sections IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Mittal Sections IPO Subscription Status
Mittal Sections IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 2.31x, indicating moderate demand across investor categories.
| 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 |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 3603 (Approx) | 0.17x | 0.75x | 4.08x |
Mittal Sections Valuations
Returns
- ROE
- 34.92%
- ROCE
- 31.27%
- RoNW
- 34.92%
- PAT Margin
- 2.64%
Fundamentals
- Debt / Equity
- 2.04
- Price / Book
- 10.87
Mittal Sections Financials( In Crs.)
| 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 |
Mittal Sections Company & Offer Insights
About Mittal Sections
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. are the company's promoters of Mittal Sections.
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 Information
Contact Details
Mittal Sections
+91-79-26465484
http://www.mittalsectionslimited.com/
01, Sona Roopa Apartment, Opp. Lal Bunglow, C.G. Road, Navrangpura, Ahmedabad, Gujarat, 380009
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Mittal Sections IPO is a book-built IPO worth ₹52.91 crore. The price band is ₹136–₹143 per share. The IPO opens on Oct 7, 2025 and closes on Oct 9, 2025. It will be listed on BSE SME Platform. Bigshare Services Pvt. Ltd. is the registrar.
The price band of Mittal Sections IPO is ₹136 to ₹143 per share.
The lot size of Mittal Sections IPO is 1000 shares.
The minimum investment for Mittal Sections IPO is approximately ₹2,86,000 based on the upper price band .
Mittal Sections IPO opens on Oct 7, 2025 and closes on Oct 9, 2025.
The allotment date of Mittal Sections IPO is Oct 10, 2025.
Mittal Sections IPO is expected to be listed on Oct 14, 2025, on BSE SME Platform.
Mittal Sections IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B 10.87, RoNW 34.92%, and market cap N/A.
To apply for Mittal Sections IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Mittal Sections IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Mittal Sections IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Mittal Sections IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Mittal Sections IPO allotment status on IPO Ji for quick and easy access.