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  1. Home
  2. /Mittal Sections Limited
Mittal Sections IPO logo

Mittal Sections IPO

SME • BSE

Min. investment

₹2,86,000

IPO DetailsSubscriptionPriceListingAllotmentReviewsNews

Issue Size

₹52.91 Cr

Price

₹136 to ₹143

Lot Size

1000 shares

IPO Dates

7 Oct - 9 Oct

Min. Investment

₹2,86,000

Status

Listed

Issue Size

₹52.91 Cr

Price

₹136 to ₹143

Lot Size

1000 shares

IPO Dates

7 Oct - 9 Oct

Min. Investment

₹2,86,000

Status

Listed

Mittal Sections IPO overview

IPO Prospectus

DHRPRHP

IPO Progress

7 Oct

Open

9 Oct

Close

10 Oct

Allotment

14 Oct

Listing

Key Financial Ratios

P/E

18.79x

IPO Lot Size

Cat.CategoryLotsSharesNo of sharesAmountProfitProfit
Retail (Min)22,000₹2,86,000-₹57,800-20.2%
S-HNI (Min)33,000₹4,29,000-₹86,700-20.2%
S-HNI (UPI)33,000₹4,29,000-₹86,700-20.2%
S-HNI (Max)66,000₹8,58,000-₹1,73,400-20.2%
B-HNI (Min)77,000₹10,01,000-₹2,02,300-20.2%

Profit based on the official listing price for each investor category.

Subscription Figure

CategoryOfferedAppliedTimes
QII1,85,00000.00
NII16,65,00000.00
NII (>10L)11,10,00000.00
NII (<10L)5,55,00000.00
Retail16,65,00000.00
Total35,15,00000.00

Application-Wise Breakup

HNI (>10L)369-0.00
HNI (3-10L)185-0.00
Retail832-0.00
Total1,38600.00
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Lead Manager(s)

  1. Wealth Mine Networks Pvt.Ltd.

Company Promotor(s)

  1. Mr. Ajaykumar Balwantrai Mittal
  2. Mr. Atul Balwantrai Mittal
  3. Well Plan Tradelink Pvt. Ltd. are the promoters of the company.

Registrar Details

Name

Bigshare Services Pvt Ltd

Phone

2262638200

Email

investor@bigshareonline.com

Address

1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,Makwana Road, Marol, Andheri(E), Mumbai - 400 059

Website

https://ipo.bigshareonline.com/IPO_Status.html

Company Contact Details

Name

Mittal Sections IPO

Phone

+91-79-26465484

Email

info@mittalsections.com

Website

http://www.mittalsectionslimited.com/

Address

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

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

Disclaimer

Information on this page is for general awareness only and is not investment advice. Grey market premium (when shown) is unofficial and indicative. Always read the RHP/DRHP and consult a qualified adviser before investing.

Common questions about Mittal Sections IPO

What is Mittal Sections IPO?

Mittal Sections IPO is a public issue where the company offers its shares to investors through the stock , allowing retail, HNI, and institutional participation.

What is the IPO price band of Mittal Sections IPO?

What is the minimum investment required for Mittal Sections IPO?

What is the lot size of Mittal Sections IPO?

What are the opening and closing dates of Mittal Sections IPO?

What is Mittal Sections IPO subscription status?

What is Mittal Sections IPO GMP today?

Is Mittal Sections IPO GMP positive or negative?

What does Mittal Sections IPO GMP indicate for listing?

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Can Mittal Sections IPO subscription and GMP change before listing?

Financial Performance

Mittal Sections IPO

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Mittal Sections IPO Ratings & Reviews