Mittal Sections Limited IPO
Mittal Sections Limited IPO
Price Band
₹136 - ₹143
Total Issue
₹52.91 Cr
Bid Dates
07 Oct - 09 Oct
Subscription
2.19x
Est. GMP
₹0 (0.00%)
Mittal Sections IPO Dates
Business Overview
Mittal Sections is a leading manufacturer of a wide range of Mild Steel sections and structural steel products, including MS Flat Bars, Round Bars, Angles, and Channels. All products are manufactured in compliance with BIS standards, primarily IS 2062:2011, ensuring reliable quality and performance. Offering grades such as E250A, the company caters to diverse industry needs with versatility and precision. With an extensive size range, Mittal Sections delivers tailored solutions for both small and large-scale construction and industrial projects, supporting clients with consistent, high-standard steel products
Mittal Sections IPO Lot Size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 2 | 2,000 | ₹2,86,000 |
| Individual (Max) | 2 | 2,000 | ₹2,86,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,29,000 |
| S-HNI (Max) | 6 | 6,000 | ₹8,58,000 |
| B-HNI (Min) | 7 | 7,000 | ₹10,01,000 |
Mittal Sections IPO Size
Objects of the Issue
A1
A2
A3
Mittal Sections IPO Live Subscription
Updated as on 09 Oct 2025 | 05:00:00 PM
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| QIB | 1.13x | 1,85,000 | 2,09,000 |
| NII | 0.55x | 16,65,000 | 9,19,000 |
| bHNI | 0.41x | 11,10,000 | 4,59,000 |
| sHNI | 0.83x | 5,55,000 | 4,60,000 |
| Individual Investor | 4.08x | 16,65,000 | 67,98,000 |
| Total | 2.25x | 35,15,000 | 79,26,000 |
Mittal Sections IPO GMP
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 10 Oct | ₹0 (0%) | ₹143 |
| 09 Oct | ₹0 (0%) | ₹143 |
| 08 Oct | ₹0 (0%) | ₹143 |
| 07 Oct | ₹0 (0%) | ₹143 |
| 06 Oct | ₹0 (0%) | ₹143 |
| 05 Oct | ₹0 (0%) | ₹143 |
| 04 Oct | ₹0 (0%) | ₹143 |
| 03 Oct | ₹0 (0%) | ₹143 |
| 02 Oct | ₹0 (0%) | ₹143 |
Peer Comparison
Financials
(Rs. in crores)
| Particulars | May-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue from Operations | 28.15 | 136.86 | 161.48 | 167.18 |
| Profit after Tax | 1.47 | 3.61 | 1.89 | 0.56 |
| Net Worth | 11.81 | 10.34 | 6.73 | 4.84 |
| Total Borrowing | 20.70 | 21.09 | 15.00 | 20.39 |
| Total Assets | 50.48 | 45.42 | 29.04 | 33.37 |
| NAV per share (in ₹) | 15.01 | 13.15 | 8.56 | 6.15 |
| EPS - Basic (in ₹) | 1.87 | 4.59 | 2.41 | 0.71 |
KPIs
EBITDA
5.69
PAT
2.64
ROE
34.92
ROCE
31.27
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Promoter Holding
Promoter
99.93%
Public
0.07%
Management
Registrar & Lead Managers
Registrar
Bigshare Services
Frequently Asked Questions
What is Mittal Sections IPO?
When will Mittal Sections IPO open?
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What is the lot size of Mittal Sections IPO?
When is the allotment of Mittal Sections IPO?
What is the listing date of Mittal Sections IPO?
What is the subscription of Mittal Sections IPO?
What is the price band of Mittal Sections IPO?
How to check allotment status of Mittal Sections IPO?
How to apply Mittal Sections IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Mittal Sections IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Mittal Sections IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Mittal Sections IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date