MP Steel IPO
MPSTEEL
Open Date
To be announced
Close Date
To be announced
Price Range
To be announced
Min Investment
To be announced
Lot Size
To be announced
Listing at
NSE/BSE
Issue Size
To be announced
IPO Document
Free Demat with Zero AMC*
About M P Steel Ltd IPO
Incorporated in 1998, MP Steel (India) Limited is a manufacturer of black and bright stainless steel products such as round bars, hexagonal bars, square bars, angle bars, flat bars/pattis, forging ingots, channels and fasteners. Its products are primarily manufactured in grades including 17.4PH, 304, 316 and other grades across the 200, 300 and 400 series of stainless steel.
The company primarily operates in the B2B segment, supplying stainless-steel products to traders and manufacturers. Its products cater to diverse end-use industries, including defence, pharmaceuticals, infrastructure, automotive, shipbuilding, power plants, refineries and ports.
The Company operates a manufacturing facility in Vijapur, Mehsana, Gujarat, spread across approximately 80,374 sq. m. The facility is equipped with induction furnaces, hot rolling mills and dedicated divisions for angle and flat bars, hexagonal and square bars, round bars, fasteners/wire rods and packaging. As of March 31, 2026, the facility had an installed ingot capacity of 19,151 MTPA, rolling capacity of 63,030 MTPA and bright bar capacity of 27,500 MTPA.
The company has a presence across 16 states and 3 Union Territories through its trader network and direct sales, with significant revenue contribution from Maharashtra and Gujarat. It also exports its products to 21 countries, with markets including the UAE, Germany, Turkey, Egypt, Brazil and Poland.
As of March 31, 2026, the Company was supported by a workforce of 195 permanent employees and 345 contract labourers.
Incorporated in 1998, MP Steel (India) Limited is a manufacturer of black and bright stainless steel products such as round bars, hexagonal bars, square bars, angle bars, flat bars/pattis, forging ingots, channels and fasteners. Its products are primarily manufactured in grades including 17.4PH, 304, 316 and other grades across the 200, 300 and 400 series of stainless steel. Th
MP Steel IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | -- |
| Non-Institutional Investors (NIIs) | 15% | -- |
| Retail Individual Investors (RIIs) | 35% | -- |
MP Steel IPO Strengths & Weaknesses
Broad range of stainless-steel products across various sizes and grades, serving domestic customers and exporting to 21 countries, helping diversify revenue streams.
Established manufacturing facility located near the Ranasan GIDC industrial area and NH-48, enabling efficient movement of raw materials and finished products.
Nearly three decades of operating experience, supported by longstanding customer relationships.
Guided by an experienced and committed management team with relevant industry expertise.
MP Steel IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| -- | -- | -- |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 0 shares (aggregating up to To be announced) |
| Fresh Issue | 0 shares (aggregating up to To be announced) |
| Offer for Sale | 2,30,729 shares of ₹10 (aggregating up to ₹23,07,290 crores) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 0 shares |
MP Steel IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of MP Steel ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for MP Steel 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
MP Steel IPO Contact & Registrar Details
Contact Details
Address
Survey No. 900, Nr. Ashram chokdi village-Ranasan Ranasan, Mahesana Vijapur
Phone Number
Website
Registrar Details
Registrar Name
Kfin Technologies Ltd.
Phone Number
MP Steel Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Monarch Networth Capital Ltd. |