Mittal Sections
October 7, 2025 – October 9, 2025
| Price | ₹136 - ₹143 |
| GMP Rumors * | ₹0 |
|---|---|
| Lot size | 1000 |
| Allotment | Oct 10, 2025 |
| Listing | Oct 14, 2025 |
Mittal Sections Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 2000 | 286000 | 0 |
| sHNI | 3 | 3000 | 429000 | 0 |
| bHNI | 7 | 7000 | 1001000 | 0 |
Mittal Sections Reservation
| Category | Shares Offered | % |
|---|---|---|
| Total | 0 | 100% |
Mittal Sections About
Mittal Sections IPO Details
| Issue Size | 37,00,000 shares (aggregating up to 52.91 Cr) |
| Fresh Issue | 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 |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
Key Performance Indicator
Details will be added soon.Company Financials In Crores
| Period | Sep 2024 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|
| Assets | 35.11 | 29.04 | 33.37 | 32.3 |
| Income | 68.97 | 161.65 | 167.53 | 149.35 |
| Profit | 2.41 | 1.89 | 0.56 | 0.6 |
| Net Worth | 9.14 | 6.73 | 4.84 | 4.28 |
| Reserves | 6.52 | 4.11 | 2.21 | 1.66 |
| Borrowing | 12.99 | 15 | 20.39 | 13.54 |
Company Overview
Incorporated in 2009, engaged in the manufacturing of basic iron and steel products.
Specializes in mild steel sections and structural steel products like MS Angles, Flats, Round Bars, and Channels.
Markets products under the brand name “MSL-MITTAL”, recognized for quality, durability, and adherence to industry standards.
Manufacturing & Capacity
Operates two plants in Changodar, Ahmedabad (Gujarat).
Current installed capacity: 36,000 MTPA, with expansion plans to 96,000 MTPA.
Products widely used across construction, engineering, automotive, and infrastructure sectors.
Strength
Established Manufacturing Setup – Two strategically located plants in Changodar, Ahmedabad with cost efficiencies and stable supply chain.
Diverse Product Portfolio – Wide range of structural steel products (angles, flats, rounds, channels) marketed under trusted brand “MSL-MITTAL.”
Strong Customer Base – Consistent demand driven by quality, durability, and adherence to industry standards.
Weakness
Legal Liabilities – Ongoing legal matters involving company, promoters, and directors may adversely impact operations and management focus.
Geographic Concentration – Heavy reliance on Gujarat operations; regional disruptions could significantly affect revenues.
Supplier Dependence – Key raw materials sourced from limited suppliers, creating risks of supply disruption, price volatility, or quality issues.
Mittal Sections Lead Manager(s)
Mittal Sections Address
01, Sona Roopa Apartment,
Opp. Lal Bunglow, C.G. Road,
Navrangpura
Ahmedabad, Gujarat, 380009
Phone: +91-79-26465484
Email: info@mittalsections.com
Website: http://www.mittalsectionslimited.com/
Mittal Sections Registrar
Mittal Sections Reviewers
| Reviewer | Recommendation | File |
|---|