IPO

Mittal Sections Ltd. IPO

Min Investment
₹ 1,43,000 / 1000 shares
Price Range
₹136 - ₹ 143
Bidding Dates
7 Oct '25 - 9 Oct '25
Total Issue Value
52.91 Cr
Lot Size
1,000
Total Issue Size
52.91 Cr
Listing At
BSE SME
Subscription
2.22 times
BSE Price
40.50 (-71.68%)

IPO Timeline

  • 7 Oct 2025
    Bidding Starts
  • 9 Oct 2025
    Bidding Ends
  • 10 Oct 2025
    Allotment Finalization
  • 14 Oct 2025
    Listing

About Mittal Sections Ltd.

Our company is a leading manufacturer of an extensive range of Mild Steel sections and structural steel products, including MS Flat Bars, MS Round Bars, MS Angles, and Channels. These products are produced in compliance with various BIS standards, primarily IS 2062: 2011, ensuring consistent ... Read more

Parent organisation
Founded
Mittal Sections Ltd.
2009

Mittal Sections Ltd. IPO Reservation

Investors Category Shares Offered
Non Institutional Investors 5,55,000 (15%)
Qualified Institutional Buyers (QIBs) 18,50,000 (50%)
Retail Individual Investors (RIIs) 12,95,000 (35%)

Mittal Sections Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 137.07 Cr 3.61 Cr 2.47 Cr
31 Mar 2024 161.49 Cr 1.89 Cr 4.11 Cr
31 Mar 2023 167.30 Cr 55.86 Lakh 2.21 Cr

Mittal Sections Ltd. Background

Our Company was originally formed as Partnership Firm under the name and style of “Mittal Steel Industries” on November 01, 2006, bearing Firm Registration No. GUJ/AMS/37135. Subsequently, the constitution of partnership firm was changed on July 29, 2008 for admission of partners. ...

Read more

Major Events And Milestones
  • 2009
    Incorporation of the Company (By conversion of Partnership firm in to Limited Company
    Changes in Memorandum of Association and Articles of Association Upon conversion of Partnership Firm to Public Limited Company
Mittal Sections Ltd. Object of Issues

1. To Capital expenditure towards Acquisition of Land, Construction of Factory Building and Purchase of Plant & Machineries
2. To meet Working Capital requirements
3. Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by our Company
4. General Corporate Purpose

Mittal Sections Ltd. IPO Listing Details
Listing Date
14 Oct 2025
BSE Script Code
MITTALSECT
ISIN
INE833Q01012
Final Issue Price
₹ 143
Mittal Sections Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 143.00 -
Open ₹ 114.40 -
Low ₹ 108.70 -
High ₹ 114.40 -
Last Trade ₹ 108.70 -
Mittal Sections Ltd. Company Promoters

1. Mr. Ajaykumar Balwantrai Mittal
2. Mr. Atul Balwantrai Mittal
3. M/s. Well Plan Tradelink Private. Limited.

Industry Overview

India is the world’s second-largest producer of crude steel, with an output of 125.32 MT of crude steel and finished steel production of 121.29 MT in FY23. India’s domestic steel demand is estimated to grow by 9-10% in FY25 as per ICRA. India’s steel production is estimated to ... Read more

Mittal Sections Ltd. Contact Details
Address: 01, Sona Roopa Apartment, Opp. Lal Bunglow C.G. Road, Navrangpura, Ahmedabad Gujarat - 380009
Phone no:26405484
26405484
|
Mittal Sections Ltd. IPO Registrar
Bigshare Services Pvt. Ltd.
A-802, Samdra Complex, Near Klassic Gold Hotel, Off C.G. Road, Navrangpura, Ahmedabad Gujarat - 380009
49196459
Mittal Sections Ltd. IPO Lead Manager(s)
Wealth Mine Networks Pvt. Ltd.
215 B, Manek Centre, P N Marg, Jamnagar Gujarat - 361001
7778867143

FAQs

When does Mittal Sections Ltd. IPO opens and closes?

Mittal Sections Ltd. IPO opens from 7th October to 9th October 2025.

What is the size of Mittal Sections Ltd. IPO?

The size of the Mittal Sections Ltd. IPO is ₹52.91 Cr.

What is the price range of Mittal Sections Ltd. IPO?

The price range of Mittal Sections Ltd. IPO is at ₹136 to ₹143 per share.

What is the minimum investment and lot size required for the Mittal Sections Ltd. IPO?

The minimum investment required is ₹1,43,000 and minimum lot size is 1000 shares.

When is Mittal Sections Ltd. IPO listing date?

The Mittal Sections Ltd. IPO will be listed on 14th October 2025.

What is the objective of Mittal Sections Ltd. IPO?

1. To Capital expenditure towards Acquisition of Land, Construction of Factory Building and Purchase of Plant & Machineries
2. To meet Working Capital requirements
3. Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by our Company
4. General Corporate Purpose

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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