mittal sections limited

mittal sections limited

MITTALSTL • ISIN: INE833Q01012

BSE
SME

₹143

per share

About Company

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

Investment Objective

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

₹136 to ₹143

Price Band

52.91 Cr

Issue Size

1.43 L

Min Investment

1000 shares

Lot Size

18.79x

P/E Ratio

Important Dates

Issue Opens

7 Oct 2025

Issue Closes

9 Oct 2025

Allotment

10 Oct 2025

Listing

14 Oct 2025

Financial Performance
Offer Documents
RHP
Visit
Issue Details
Issue TypeBB
Face Value₹10
Lead ManagersWealth Mine Networks Pvt.Ltd.
Min Quantity2,000
Max Quantity3,496
Company Promoters
Mr. Ajaykumar Balwantrai Mittal
Mr. Atul Balwantrai Mittal
Well Plan Tradelink Pvt. Ltd.
Website

http://www.mittalsectionslimited.com/

Email

info@mittalsections.com

Phone+91-79-26465484
Address

Mittal Sections Ltd.
01, Sona Roopa Apartment,
Opp. Lal Bunglow, C.G. Road,
Navrangpura
Ahmedabad, Gujarat, 380009