Mittal Section IPO Details
| Detail | Description |
|---|---|
| IPO Date | October 7, 2025 to October 9, 2025 |
| Listing Date | [.] |
| Face Value | ₹ 10 per share |
| Issue Price Band | ₹ 136 to ₹ 143 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 37,00,000 shares (aggregating up to ₹ 52.91 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 78,67,500 shares |
| Share Holding Post Issue | 1,15,67,500 shares |
About Mittal Section IPO
Mittal Sections IPO is a book build issue of INR 52.91 crores. The issue is entirely a fresh issue and the price band is set at INR 136 to INR 143 per share. The lot size for an application is 1,000 and the minimum amount required by an individual investor is INR 2,86,000 (2,000 shares). Mittal Section IPO opens for subscription on Oct 7, 2025 and closes on Oct 9, 2025. IPO will list on BSE SME with a tentative listing date fixed as Oct 14, 2025.
Company Background
Mittal Sections Limited, incorporated in 2009, is a manufacturer of basic iron and steel products specializing in mild steel sections and structural steel products such as MS flat bars, round bars, angles and channels. The company markets its products under the brand "MSL-MITTAL," recognized for quality and durability. Operating two manufacturing plants in Changodar, Ahmedabad, with an installed capacity of 36,000 MTPA, Mittal Sections plans to expand capacity to 96,000 MTPA to meet growing demand. Their product range supports various heavy-duty and structural applications across industries.
Conclusion
Mittal Section IPO offers an opportunity for investors to invest in a well-established steel manufacturing company known for its strong market presence and focus on high-quality mild steel sections and structural steel products. With a solid reputation, experienced management team, and expansion plans, Mittal Sections is well-positioned to capitalize on rising market demand, making it an attractive option for long-term investors.
Mittal Section IPO Financial Information
Latest Revenue
68.97
₹ Crore
Profit After Tax
2.41
₹ Crore
Net Worth
9.14
₹ Crore
Total Borrowing
12.99
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 30 Sep 2024 | 35.11 | 68.97 | 2.41 | 9.14 | 12.99 | ||||
| 31 Mar 2024 | 29.04 | 161.65 | 1.89 | 6.73 | 15 | ||||
| 31 Mar 2023 | 33.37 | 167.53 | 0.56 | 4.84 | 20.39 | ||||
| 31 Mar 2022 | 32.3 | 149.35 | 0.6 | 4.28 | 13.54 | ||||
| Amount in ₹ Crore | |||||||||
Mittal Section Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 28.13% |
| ROCE | 42.05% |
| Debt/Equity | 2.23 |
| RoNW | 28.13% |
| PAT Margin | 1.17% |
| Price to Book Value | 16.71 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 2.41 | 4.17 |
| P/E (x) | 59.42 | 34.27 |
Recommended Advisory Services
Ready to take your company public? Explore our specialized IPO advisory services tailored for Indian enterprises.
The India IPO Publication is managed by an editorial team that includes highly experienced finance journalists, market researchers and professionals from the capital markets industry who strive to create high-quality content based on credible sources. Our editors write about IPOs, capital markets, corporate news, capital-raising strategies, regulations and other business matters to ensure our audience stays updated with the latest information. We conduct detailed research and fact-check all information before publishing any content to ensure credibility.
Competitive Strengths
Extensive market coverage with a strong and diverse customer base, supported by a deep understanding of customer requirements.
Experienced promoters and a management team possessing significant industry knowledge and expertise.
Download regulatory filings
Mittal Section IPO Timeline
| IPO Open Date | Tue, Oct 7, 2025 |
| IPO Close Date | Thu, Oct 9, 2025 |
| Tentative Allotment | Fri, Oct 10, 2025 |
| Initiation of Refunds | Mon, Oct 13, 2025 |
| Credit of Shares to Demat | Mon, Oct 13, 2025 |
| Tentative Listing Date | Tue, Oct 14, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Oct 9, 2025 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,000 | ₹2,86,000 |
| Individual investors (Retail) (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 |