Mittal Sections IPO Will Open On Oct 07, 2025 And Close On Oct 09, 2025. The ₹52.91 Cr. IPO Is A Fresh Offer. Mittal Sections IPO Price Band is Set At ₹136 to ₹143 Per share.
The Allotment Will Be Finalized On Oct 10, 2025 and Listing date is Expected on The BSE SME By Oct 14, 2025. Investor Quota like 50.00% QIB, and 35.00% Retail 15.00 HNI is Category.
Financial Year 2025 Company Posted a Total Income of ₹137.07 Cr. and A Net Profit of ₹3.61 Cr. Showing Strong Growth From The Previous Year. Based On Financial, The IPO Looks Promising For Long-term Investors.
Mittal Sections IPO Dates & Price Band Details
| Open Date | Oct 07, 2025 |
|---|---|
| Close Date | Oct 09, 2025 |
| Price Band | ₹136 to ₹146 per share |
| Face Value | ₹10 per equity share |
| Lot Size | 1,000 Shares |
| Type of Issue | Fresh Issue |
| Total Issue Size | 37,00,000 shares (Approx ₹52.91 Cr) |
| Issue Type | Book building IPO |
| Listing Exchange | BSE SME |
| Retail Investor Quota | 35.00% |
| QIB Quota | 50.00% |
| NII (HNI) Quota | 15.00% |
| Anchor Investor List | Click Here |
| DRHP (Draft Prospectus) | Click Here |
| RHP (Final Prospectus) | Click Here |
About Mittal Sections Limited
Our Company was originally incorporated on November 01, 2006, “Mittal Sections Limited” Our Company is a leading manufacturer of an extensive range of Mild Steel sections and structural steel products, including MS Flat Bars, MS Round Bars, MS Angles, and Channels.
We manufacture products in different grades, such as E250A offering versatility to meet the diverse needs of our clients across multiple industries. The sizes we provide cover a wide spectrum, allowing for customized solutions in both small-scale and large-scale construction and industrial projects.
These products are integral to various sectors, such as construction, infrastructure development, manufacturing, automotive, and general engineering. Mild steel structural and sectional products like flat bars, round bars, angles, and channels are essential for fabricating frameworks, reinforcement structures, machinery, and equipment, making them versatile in a range of applications due to their strength, durability, and ease of fabrication.
Mittal Sections IPO Market Lot Size
The Minimum Lot Size For The Mittal Sections IPO is 2,000 Shares, Requiring An Application Amount of ₹2,86,000 and in multiples of 1,000 For Retail Investors. Investors Must Apply in Multiples of The Lot Size.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,000 | ₹2,86,000 |
| Retail Maximum | 2 | 2,000 | ₹2,86,000 |
| S-HNI Minimum | 3 | 3,000 | ₹4,29,000 |
| S-HNI Maxmum | 6 | 6,000 | ₹8,58,000 |
| B-HNI Minimum | 7 | 7,000 | ₹10,01,000 |
Objects Of The Issue
To Capital expenditure towards Acquisition of Land, Construction of Factory Building and Purchase of Plant & Machineries.
To meet Working Capital requirements.
Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by our Company.
General Corporate Purpose.
Mittal Sections IPO Allotment & Listing Dates
Mittal Sections IPO Will Open on Oct 07 and Close on Oct 09, 2025. The allotment is Expected on Oct 10, With the Listing Scheduled on BSE SME For Oct 14, 2025 (More information below table).
| IPO Open | Tue, Oct 07, 2025 |
|---|---|
| IPO Close | Thu, Oct 09, 2025 |
| Allotment Finalisation | Fri, Oct 10, 2025 |
| Refunds / Unblocking | Mon, Oct 13, 2025 |
| Shares Credited to Demat | Mon, Oct 13, 2025 |
| Listing Date | Tue, Oct 14, 2025 |
Mittal Sections IPO Financial Report (FY 2025)
Mittal Sections Reported a Total Income of ₹137.07 Cr. in FY 2025, Slightly up From ₹161.65 Cr. in FY 2024. The Company Net Profit Also Rose to ₹3.61 Cr. From ₹1.89 Cr. in the Previous Year Showing Consistent Financial Growth Ahead of its IPO. (More information below table).
| Period Ended | 31 May 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 50.48 | 45.42 | 29.04 | 33.37 |
| Total Income | 28.17 | 137.07 | 161.65 | 167.53 |
| Profit After Tax | 1.47 | 3.61 | 1.89 | 0.56 |
| Net Worth | 11.81 | 10.34 | 6.73 | 4.84 |
| Reserves and Surplus | 3.94 | 2.47 | 4.11 | 2.21 |
| Total Borrowing | 20.67 | 21.06 | 14.96 | 20.36 |
| Amount in ₹ Crore |
Mittal Sections IPO Valuation Report – FY 2025 (KPI)
Check Detailed Mittal Sections IPO Valuation Metrics for FY 2025, including EPS, P/E Ratio, RoNW, NAV, ROCE, and other key financial indicators. These Ratios help Investors Assess the Company financial Health & Valuation Before applying for The IPO. (More information below table).
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 34.92% |
| Return on Capital Employed (ROCE) | 31.27% |
| EBITDA Margin | 5.69% |
| PAT Margin | 2.64% |
| Debt-to-Equity Ratio | 2.04 |
| Earnings Per Share (EPS) | 4.59 |
| Price to Earnings Ratio (P/E) | 31.15 |
| Return on Net Worth (RoNW) | 34.92% |
| Net Asset Value (NAV) | 13.15 |
Our Competitive Strengths
Well-established manufacturing setup.
Manufacturing plants are strategically located, leading to cost efficiencies and a stable supply chain.
Strong Customer Base.
In depth understanding of customers’ requirements.
Wide range of our product SKUs.
Experienced Promoters and management team.
Strong Supplier Relationships.
Extensive Product Range and Customization Capabilities.
Our Company Promoters
1. Mr. Ajaykumar Balwantrai Mittal.
2. Mr. Atul Balwantrai Mittal.
3.M/s. Well Plan Tradelink Pvt Ltd.
Comparison of Accounting Ratios with Industry Peers
| Name of the Company | Face Value (₹ per share) | CMP (₹) | Basic EPS | RONW (%) | P/E Ratio | NAV (₹ per share) | Total Income (₹ in crore) |
|---|---|---|---|---|---|---|---|
| Mittal Sections Limited | 10.00 | [●] | 4.59 | 34.92% | [●] | 13.15 | 137.0703 |
| Rhetan TMT Limited | 1.00 | 20.20 | 0.06 | 5.27% | 328.00 | 1.18 | 38.7392 |
| Riddhi Steel and Tube Limited | 10.00 | 85.00 | 9.15 | 10.53% | 9.28 | 7.91 | 393.9424 |
| Surani Steel Tubes Limited | 10.00 | 93.08 | 0.38 | 0.46% | 123.00 | 78.36 | 227.3864 |
Also Read: Mittal Sections IPO GMP Today, Grey Market Premium Live
Also Read: Rubicon Research IPO: Listing Price, GMP, Date, Review & Details
Mittal Sections Company Contact Details
Registered Office: 01, Sona Roopa Apartment,
Opp. Lal Bunglow C.G. Road, Navrangpura,
Ahmedabad, Gujarat, India, 380009.
Telephone No: +91-7926405484
E-Mail: info@mittalsections.com
Website: www.mittalsectionslimited.com
Mittal Sections Lead Manager
M/s. Wealth Mine Networks Limited
Address: 215 B, Manek Centre,
P N Marg, Jamnagar-361 001,
Gujarat, India.
Tel No: +91 77788 67143
Email: info@wealthminenetworks.com
Website: www.wealthminenetworks.com
Mittal Sections IPO Registrar
Bigshare Services Private Limited
Address: A-802, Samdra Complex,
Near Klassic Gold Hotel, Off C.G. Road,
Navrangpura, Ahmedabad-380009
Tel. Number: +079-49196459
Email Id: ipo@bigshareonline.com
Website: www.bigshareonline.com
Mittal Sections IPO FAQs
Question 1: What is the Mittal Sections IPO?
Answer 1:Mittal Sections IPO is a SME IPO of 37,00,000 equity shares of the face value of ₹10 approximately up to ₹52.91 Cr. The issue is priced at ₹136 to ₹143 per share.
The Mittal Sections IPO opens on Oct 07, 2025 and closes on Oct 09, 2025.
Bigshare Services Private Limited is the registrar for the IPO. The shares to be listed on BSE SME.
Question 2: How to apply in Mittal Sections IPO through Groww?
Answer 2: Groww customers can apply online in Mittal Sections IPO using UPI as a payment gateway. Groww customers can apply in Mittal Sections IPO by login into Groww (back office) and submitting an IPO application form.
Steps to apply in Mittal Sections IPO through Groww –
Visit the Groww website and login to Groww.
Go to Main Page and click the Products & tools and click IPO tab.
New page Open and Show ‘Mittal Sections IPO’ click the ‘Apply’ button.
Show IPO detail Shares lot Size and Bid Price & click here to Cutoff Price check Box and Continue.
Inter Your UPI id like . 95****299@kotak accept terms and condition click Box and Apply For IPO
groww share payment link Your UPI Mobile Number Pay Payment for IPO Bid to approve the e-mandate successfully submit application.
Question 3: When Mittal Sections IPO will open?
Answer 3: The Mittal Sections IPO opens on Oct 07, 2025, and closes on Oct 09, 2025.
Question 4: What is the lot size of Mittal Sections IPO?
Answer 4:Mittal Sections IPO lot size and the minimum order quantity is 1,000 Shares.
Question 5: How to apply for Mittal Sections IPO?
Answer 5: You can apply in Mittal Sections IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Groww, Zerodha, Upstox, 5Paisa, Phonepe Share Market, HDFC Bank, and Angel one.
Question 6: When is Mittal Sections IPO allotment date?
Answer 6: The Basis of Allotment for Mittal Sections IPO will be on Fri, Oct 10, 2025, and the allotted shares will be credited to your demat account by Mon, Oct 13, 2025. For Check the Mittal Sections IPO allotment status.
Question 7: When is Mittal Sections IPO listing date?
Answer 7: The Mittal Sections IPO listing date is Oct 14, 2025. The date of Mittal Sections IPO listing on Tue, Oct 14, 2025.
