Mittal Sections is a leading manufacturer of a wide range of Mild Steel sections and structural steel products, including MS Flat Bars, Round Bars, Angles, and Channels. All products are manufactured in compliance with BIS standards, primarily IS 2062:2011, ensuring reliable quality and performance. Offering grades such as E250A, the company caters to diverse industry needs with versatility and precision. With an extensive size range, Mittal Sections delivers tailored solutions for both small and large-scale construction and industrial projects, supporting clients with consistent, high-standard steel products
Price Band₹136 - ₹143 |
Dates07 Oct - 09 Oct |
GMP₹0 (0.00%) |
Subscriptions- |
Issue Size₹52.91 Crs |
Mittal Sections IPO Objects
- Capital expenditure towards Acquisition of Land, Construction of Factory Building and Purchase of Plant & Machineries
- Working Capital requirements
- Repayment and/or prepayment of certain outstanding secured borrowings
- General Corporate Purpose
Mittal Sections IPO Details
Price Band₹136 - ₹143 |
Listing AtBSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹52.91 Cr (0.37 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹52.91 Cr (0.37 Cr Shares) |
Face Value₹10 per equity share |
Mittal Sections IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
2,000
2,86,000
Maximum
2
2,000
2,86,000
|
|||
| Small HNI |
Minimum
3
3,000
4,29,000
Maximum
6
6,000
8,58,000
|
|||
| Big HNI |
Minimum
7
7,000
10,01,000
|
|||
Mittal Sections IPO GMP
The estimated Grey Market Premium of Mittal Sections IPO is ₹0 per share (0.00%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 35% of Net Offer |
| Retail | Not less than 15% of Net Offer |
| Market Maker | 185000 EQ Shares |
Mittal Sections IPO Financials
| Particulars | May-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue from Operations | 28.15 | 136.86 | 161.48 | 167.18 |
| Profit after Tax | 1.47 | 3.61 | 1.89 | 0.56 |
| Net Worth | 11.81 | 10.34 | 6.73 | 4.84 |
| Total Borrowing | 20.70 | 21.09 | 15.00 | 20.39 |
| Total Assets | 50.48 | 45.42 | 29.04 | 33.37 |
| NAV per share (in ₹) | 15.01 | 13.15 | 8.56 | 6.15 |
| EPS - Basic (in ₹) | 1.87 | 4.59 | 2.41 | 0.71 |
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 5.69 |
| PAT | 2.64 |
| ROE | 34.92 |
| ROCE | 31.27 |
| PE Ratio | 31.15 |
| PB Ratio | 10.87 |
| Mkt Cap (in Crs.) | 165.42 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Mittal Sections IPO Peer Comparision
Mittal Sections IPO Peer Comparision
Promoter Details
| Name | Shareholding |
|---|---|
| Ajaykumar Mittal | 40.71% |
| Atul Mittal | 40.71% |
| Well Plan Tradelink Private Limited | 17.06% |
| Others | 1.45% |
| Total | 99.93% |
Management Details
| Name | Designation |
|---|---|
| Ajaykumar Mittal | Chairman & MD |
| Atul Mittal | CFO |
Company Details
Name: Mittal Sections Limited
Address: 01, Sona Roopa Apartment, Opp. Lal Bunglow, C.G. Road, Navrangpura, Ahmedabad, Gujarat, India, 380009,
Number: 7926465484
Email: info@mittalsections.com
Website: www.mittalsectionslimited.com
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Mittal Sections IPO is a SME IPO having an issue size of Rs. ₹52.91 Crs. Mittal Sections IPO is priced at ₹136 - ₹143 per share. The issue opens on 07 Oct 25 and closes on 09 Oct 25.
Mittal Sections IPO opens on 07 Oct 25 and closes on 09 Oct 25.
The estimated Grey Market Premium of Mittal Sections IPO is ₹0 per share (0.00%).
The minimum lot size of Mittal Sections IPO is 1000 shares & the minimum application amount is Rs. 143000.
The allotment date of Mittal Sections IPO is 10 Oct 25.
The listing date of Mittal Sections IPO is 14 Oct 25.
Mittal Sections IPO is subscribed -.
Mittal Sections IPO is priced at ₹136 - ₹143 per share.
Click the allotment link on Mittal Sections IPO page of IPO360.
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- Enter your bid details and price
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- Select Mittal Sections IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
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