m p k steels limited IPO
IPO Overview
M p k steels limited IPO is a SME public issue offered through a Book Building issue with a total issue size of ₹25.74 Cr. The IPO price band is set at ₹75 to ₹79 per share, and retail investors can apply with a minimum investment of ₹2.53 L as per IPO guidelines.
The M p k steels limited IPO opens on 26 Sept 2025 and closes on 30 Sept 2025. The IPO allotment is expected to be finalized on 1 Oct 2025, and the equity shares are proposed to be listed on BSE on 6 Oct 2025.
Investors can refer to the M p k steels limited IPO RHP-DRHP for detailed information. The issue is managed by Gretex Corporate Services Ltd. as the book running lead manager, while Maashitla Securities Private Limited is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
The company manufactures general-purpose structural steel products for industries like railways, telecom, power, automotive, construction, fabrication, offshore structures, and infrastructure development, ensuring high-quality solutions.
The company manufactures and trades structural steel products like M.S. Channels, Beams, Angles, Squares, Rounds, and Flats, with M.S. Channels being the main revenue driver and key to success.
The company’s factory is located at A-195, RIICO Industrial Area, Jaipur, offering strong market connectivity. It employs a mix of skilled and unskilled staff, including engineers and professionals.
Products:
M.S. Channel: Strong frames for industrial sheds, machinery, material handling, vehicle chassis, railway bridges, fencing, and versatile applications.
M.S. Angle: Supports building frames, bridges, roof trusses, machinery, security barriers, vehicle frames, and railway infrastructure.
M.S. Flat: Used for custom metalwork, welding, heavy-duty racks, furniture, gates, fencing, structural reinforcement, automotive parts, bridges, and architectural designs.
The company has a distribution network across Rajasthan, Punjab, West Bengal, Gujarat, Haryana, Uttar Pradesh, Assam, and Madhya Pradesh.
Competitive Strengths:
Dual Plant Operations at a Single Location
Extensive Range of Dies for Diverse Steel Measurement
Strong Brand and Long-Term Relationships
Rigorous Quality Assurance and Control
Investment Objective
Capital Expenditure towards installation of Solar Plant
To meet Working Capital Requirements
General Corporate Purposes