Mittal Sections Ltd
Pre Issue Shares
78,67,500
No. of Shares Issued
37,00,000
Pre Issue Equity Amt.
₹7.87 Cr
DP Filling Date
31 March 2025
Mittal Sections Ltd IPO Timeline
Mittal Sections Limited was originally formed as Partnership Firm under the name and style of '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 partnership 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 with name 'M/s. Mittal Sections Limited' and a Certificate of Incorporation dated April 02, 2009, was issued by Registrar of Companies, Gujarat, Dadra andNagar Haveli.
Mittal Sections Ltd IPO Details
| Mittal Sections Ltd IPO Date | - |
| Mittal Sections Ltd IPO Face Value | - |
| Mittal Sections Ltd IPO Price | - |
| Mittal Sections Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Ajaykumar Balwantrai Mittal, Atul Balwantrai Mittal, Well Plan Tradelink Pvt Ltd |
- 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 |
|---|---|---|---|
| 03-2024 | 29.04 | 161.65 | 1.89 |
| 03-2023 | 33.37 | 167.53 | 0.56 |
| 03-2022 | 32.2 | 149.15 | 0.60 |
| 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 Prospectus
Mittal Sections Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | - |
| IPO Price | ₹0 |
| Face Value | ₹10 |
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