Mittal Sections IPO
Mittal Sections IPO will open on 07 Oct '25 and close on 09 Oct '25, with the IPO allotment date scheduled for 10 Oct '25. The shares are scheduled to list on BSE with a tentative listing date fixed for 14 Oct '25. The price band is set at ₹136 to ₹143 per share with a minimum lot size of 1,000 shares.
Free Demat with Zero AMC*
Mittal Sections IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 18,50,000 crores |
| Non-Institutional Investors (NIIs) | 15% | 5,55,000 crores |
| Retail Individual Investors (RIIs) | 35% | 12,95,000 crores |
About Mittal Sections Ltd IPO
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.
- 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
Mittal Sections IPO Strengths & Weaknesses
No Data Found
Mittal Sections IPO Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹0 per share |
| Total Issue Size | 37,00,000 shares (aggregating up to ₹2,86,000 crores) |
| Fresh Issue | NaN shares (aggregating up to To be announced) |
| Offer for Sale | NaN shares of ₹0 (aggregating up to To be announced) |
| Issue Type | |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | shares |
| Post-Issue Shareholding | 0 shares |
Mittal Sections IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
The lot size of Mittal Sections ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Mittal Sections IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Mittal Sections Lead Manager(s)
| Book Running Lead Manager(s) |
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