MITTALSTL • ISIN: INE833Q01012
per share
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
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
Price Band
Issue Size
Min Investment
Lot Size
P/E Ratio
Issue Opens
7 Oct 2025
Issue Closes
9 Oct 2025
Allotment
10 Oct 2025
Listing
14 Oct 2025
Issue Type | BB |
Face Value | ₹10 |
Lead Managers | Wealth Mine Networks Pvt.Ltd. |
Min Quantity | 2,000 |
Max Quantity | 3,496 |
Company Promoters | Mr. Ajaykumar Balwantrai Mittal Mr. Atul Balwantrai Mittal Well Plan Tradelink Pvt. Ltd. |
Website | |
Phone | +91-79-26465484 |
Address | Mittal Sections Ltd. |