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Clear AllQuality Score
0/0
Growth Score
0/0
Valuation Score
0/0
Bidding Date
07-Oct-2025 to
09-Oct-2025
Issue Size
₹52.91 Cr
Price Band
₹136 to ₹143
Allotment date
10-Oct-2025
Listing date
14-Oct-2025
Lot size
1000
No. of shares
37,00,000
Fresh issue/OFS
₹52.91 Cr /--
Mittal Sections Limited, established in 2009 in Ahmedabad, Gujarat, has evolved from a regional steel supplier to a nationally recognized manufacturer of mild steel structural and sectional products marketed under the brand “MSL-MITTAL”. Over time, the company expanded its facilities and product portfolio to include MS flat bars, round bars, angles, and channels, catering to sectors such as construction, infrastructure, power transmission, automotive, and general engineering. Mittal Sections operates strategically located manufacturing plants with a current installed capacity of 36,000 metric tonnes per annum, with ongoing expansion towards 96,000 MTPA to strengthen its supply chain and achieve cost efficiency. The company’s expertise lies in producing BIS-compliant and ISO-certified steel solutions and offering nearly 55 product variants tailored for diverse client requirements. Key strengths include deep industry experience, reliable quality standards, and strong relationships with large infrastructure players, SMEs, and contractors nationwide. Mittal Sections approaches industry challenges by maintaining trusted supplier connections, fostering client-specific innovation, and focusing on timely delivery and customer satisfaction.
Category
Status
QIBs
1.1x
NIIs
0.6x
Retail
4.1x
Others
--
Total
2.2x
The issue size of Mittal Sections is ₹52.91 Cr.
Mittal Sections falls into Metal Processing industry.
The Mittal Sections IPO will be listed on NSE.
The open and close dates for the Mittal Sections are 07-Oct-2025 & 09-Oct-2025.
The price band for the Mittal Sections ipo is ₹136 to ₹143
The listing date of Mittal Sections IPO is 14-Oct-2025.
The purpose of this IPO is to raise fresh capital.
Mittal Sections total subscription ratio is 2.2X.
Key financial of the Mittal Sections are:
| Mittal Sections | FY-25 | FY-24 | FY-23 | FY-22 |
|---|---|---|---|---|
| Revenue (₹ Cr) | 136.86 | 161.48 | 167.18 | 149.06 |
| EBIT (₹ Cr) | 6.7 | 4.41 | 2.18 | 2.14 |
| Proft after Tax (₹ Cr) | 3.61 | 1.89 | 0.56 | 0.6 |
| Debt (₹ Cr) | 21.09 | 15 | 20.39 | 13.54 |
| Net Worth (₹ Cr) | 10.34 | 6.73 | 4.84 | 4.28 |
| RoE (%) | 34.92 | 28.13 | 11.55 | 14.04 |