Mittal Sections IPO
MITTALSTL
Open Date
07 Oct '25
Close Date
09 Oct '25
Price Range
₹136 - ₹143
Min Investment
₹2,86,000
Lot Size
1,000
Listing at
BSE
Issue Size
37,00,000
IPO Document
About Mittal Sections 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 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 |
Mittal Sections IPO Financial Highlights
No Data Found
Mittal Sections IPO Strengths & Weaknesses
No Data Found
Mittal Sections IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 10 Oct '25 | 14 Oct '25 | 13 Oct '25 |
| 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 Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
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
Optivalue Tek Consulting Ltd IPO Lead Manager(s)
| Book Running Lead Manager(s) |
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