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HomeIPOMittal Sections

About Mittal Sections

Registered in 2009, Mittal Sections Limited deals in manufacturing basic iron and steel products.The firm is a producer of mild steel sections and structural steel items, such as MS flat bars, round bars, angles, and channels, providing diversified high-quality solutions.The firm sells its products under the brand name 'MSL-MITTAL, quality, strength, and industry standard, providing consistent steel products to meet stringent specifications for customer projects.The firm has two production facilities in Changodar, Ahmedabad, Gujarat, with a capacity of 36,000 MTPA. Plans to expand include raising the capacity to 96,000 MTPA.As of February 28, 2025, the firm had 63 permanent staff members.

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Live IPOs

National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
Live IPO
Antala Industries logo

Antala Industries

SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
Live IPO
Companies NameOpen - CloseIssue SizeMin. QtyIssue PriceApply
National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
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Mittal Sections

Mittal Sections

Open Date

07 Oct 2025

Close Date

09 Oct 2025

listed

Min Investment

₹286000

Lot Size

14 Shares

Issue Size

₹52.91 Cr

Price Range

₹136 - ₹143

Listing Date

Oct 14, 2025

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Revenue Growth

Company Valuation

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The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

Mittal Sections IPO - Issue Objectives

The company will utilise ₹20.81 crore for the acquisition of land and construction work. The company will utilise ₹5.00 crore for repayment or prepayment of borrowings The company will utilise ₹15 crore for funding business working capital. Part of the IPO proceeds will be used for general corporate purposes

Capital expenditure

39.35%

Repayment of loans

9.45%

Working capital

28.35%

General corporate purposes

23%

1

Capital expenditure

The company will utilise ₹20.81 crore for the acquisition of land and construction work.

39.35%
2

Repayment of loans

The company will utilise ₹5.00 crore for repayment or prepayment of borrowings

9.45%
3

Working capital

The company will utilise ₹15 crore for funding business working capital.

28.35%
4

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes

23.00%

IPO Subscription Status

QIB
1.13x
NII
0.66x
Total
2.31x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Mittal Sections

In Cr.

Key Performance Indicator31-May-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue28.17137.07161.65167.53
EBITDA2.487.795.533.27
Expenses
Profit After Tax1.473.611.890.56
Assets50.4845.4229.0433.37
Net Worth11.8110.346.734.84
Reserves3.942.474.112.21
Borrowing20.7021.0915.0020.39

Mittal Sections - Promoter(s)

Mittal Sections

Ajaykumar Balwantrai Mittal

Atul Balwantrai Mittal

Well Plan Tradelink Pvt

Pre Issue Share Holding

N/A

Post Issue Share Holding

N/A

Registrar Contact Details

Bigshare Services Pvt.Ltd

01, Sona Roopa Apartment, Opp. Lal Bunglow, C.G. Road, Navrangpura, Ahmedabad, Gujarat, 380009

+917926465484
79-26465484info@mittalsections.com
http://www.mittalsectionslimited.com/

Mittal Sections IPO - FAQs

Mittal Sections IPO is a SME IPO. The issue is priced at ₹136-143 per equity share. The minimum order quantity is 14 Shares. The IPO opens on 7 Oct, and closes on 9 Oct. Bigshare Services Pvt.Ltd is the registrar for the IPO. The shares are proposed to be listed on SME.









IPO Timeline

  • Pre Apply2025-10-06
  • Bidding Starts2025-10-07
  • Bidding Ends2025-10-09
  • Allotment Finalisation2025-10-10
  • Release of Funds2025-10-13
  • Demat Transfer2025-10-13
  • Listing2025-10-14