Mittal Sections Ltd IPO
Price Range
₹136 - ₹143
-
Min. Quantity
2,000 Shares
Closes on
9 October 2025
-
Min. investment
₹2,86,000
Mittal Sections Ltd IPO Timeline
| Event | Date |
|---|---|
| Mittal Sections Ltd IPO Opening Date | 7 October 2025 |
| Mittal Sections Ltd IPO Closing Date | 9 October 2025 |
| Basis of Allotment | 10 October 2025 |
| Initiation of Refunds | 13 October 2025 |
| Credit of Shares to Demat | 13 October 2025 |
| Mittal Sections Ltd IPO Listing Date | 14 October 2025 |
Mittal Sections Ltd IPO Details
| Mittal Sections Ltd IPO Date | 7 October 2025 to 9 October 2025 |
| Mittal Sections Ltd IPO Face Value | ₹10 per share |
| Mittal Sections Ltd IPO Price | ₹136 to ₹143 per share |
| Mittal Sections Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹52.91 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹52.91 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | BSE - SME |
| QIB Shares Offered | Not more than 1,85,000 of the Net Offer |
| Retail Shares Offered | Not less than 16,65,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 18,50,000 of the Net Offer |
| Company Promoters | Ajaykumar Balwantrai Mittal, Atul Balwantrai Mittal, Well Plan Tradelink Pvt Ltd |
Mittal Sections Ltd IPO Lot Size
The Mittal Sections Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 0 lots (0 shares or ₹0).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹2,86,000 |
| Maximum | - | 0 | ₹0 |
- Strengths
- Risks
- Opportunities
- Wide Range of Products.
- Strong relationship with customers and suppliers.
- Experienced management team with industry expertise.
Company Financials
Mittal Sections Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 45.42 | 137.07 | 3.61 |
| 03-2024 | 29.04 | 161.65 | 1.89 |
| 03-2023 | 33.37 | 167.53 | 0.56 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- To Capital expenditure towards acquisition of land, construction of factory building and purchase of plant and machineries
- To meet working capital requirements
- Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the company
- General corporate purposes
Mittal Sections Ltd IPO Promoter Holding
| Pre Issue Share Holding | 40.71% |
| Post Issue Share Holding | 27.69% |
Mittal Sections Ltd IPO Subscription Status (Bidding Detail)
The Mittal Sections Ltd IPO is subscribed 2.19 times on 9 October 2025 05:00:00 PM. The public issue subscribed 4.08 times in the retail category, 1.13 times in the QIB category, and 0.6 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 1.13 | 0.6 | 4.08 | - | 2.19 |
Mittal Sections Ltd IPO Prospectus
Mittal Sections Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | BSE - SME |
| ISIN | INE833Q01012 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
No.01 Sona Roopa Apartment OppLal Bunglow C.G.Rd Navrangpura,Ahmedabad-380009
Phone: +91 79264 05484
Email: info@mittalsections.com
Website: www.mittalsectionslimited.com
Mittal Sections Ltd IPO Registrar
Mittal Sections Ltd IPO Lead Manager(s)
- Wealth Mine Networks Pvt Ltd
How to Check the Allotment Status of Mittal Sections Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Mittal Sections Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Mittal Sections Ltd IPO
Mittal Sections Limited was originally formed as Partnership Firm as 'Mittal Steel Industries' on November 01, 2006. Subsequently, the constitution of partnership firm was changed on July 29, 2008 for admission of partners. Subsequently, the name of the Firm was changed from 'M/s. Mittal Steel Industries' to 'M/s. Mittal Sections' on August 02, 2008. Subsequently, 'M/s. Mittal Sections' was converted from a partnership firm to a joint stock company as 'M/s. Mittal Sections Limited' and a Certificate of Incorporation dated April 02, 2009, was issued by Registrar of Companies, Gujarat. Company launched the IPO through a fresh issue of 37,00,000 equity shares of Rs 10, by raising Rs 52.91 crores in October, 2025.
FAQ
What is the issue size of Mittal Sections Ltd IPO?
I have pre-applied for Mittal Sections Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.