58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Mittal Sections Limited IPO (Mittal Sections IPO) Detail

Mittal Sections IPO is a Book Building IPO listing on BSE SME exchange. The company is based in Ahmedabad and caters to Steel sector. Gretex Corporate Services is the merchant banker of Mittal Sections IPO. It is a SME Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 31st March 2025.

Mittal Sections IPO open date is [●] and close date is [●]. IPO Allotment Date is [●] and Listing date is [●].

IPO Category : SME Upcoming
Exchange : BSE SME
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ Cr. Avg IPO Size (Sector Based) : ₹ 29.33 cr.
  • Sector: Steel SME IPO so far: 43
  • Merchant Banker: Gretex Corporate SME IPO by BRLM so far: 50
  • City: Ahmedabad SME IPO so far: 30
  • Revenue (annualised): ₹ 137.94 cr.
            (annualised): ₹ 4.82 cr.
  • PE Ratio: x Average Sector PE Ratio: 16.09x

Mittal Sections IPO Date

Date of DRHP:
31st March 2025
IPO Allotment Date:
[●]
IPO Open Date:
[●]
Initiation of Refund:
[●]
IPO Closing Date:
[●]
IPO Listing Date:
[●]

Mittal Sections IPO Info, Size, Subscription

Mittal Sections IPO size is ₹ [●] with IPO price of ₹ [●]. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
[●]

Issue Price:
[●]

Market Capitalisation :
[●]

PE multiple :
[●]

Subscription :
[●]

Pre Issue Promoter Holding :
99.92 %

Post Issue Promoter Holding :
[●]

Mittal Sections IPO Information

Sub Sector : Manufacturer of an extensive range of Mild Steel sections
Mittal Sections 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. These products are produced in compliance with various BIS standards, primarily IS 2062:2011, ensuring consistent quality and high performance across all applications. They manufacture products in different grades, such as E250A offering versatility to meet the diverse needs of their clients across multiple industries. The sizes they provide cover a wide spectrum, allowing for customized solutions in both small-scale and large-scale construction and industrial projects.

Object of Issue (Mittal Sections IPO Objectives)

  • 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 the Company
  • General Corporate Purposes

Gretex Corporate Services Limited is the book-running lead manager of the Mittal Sections IPO. Bigshare Services Private Limited is the Registrar for Mittal Sections IPO.

Mittal Sections IPO Market Maker

[●]

Mittal Sections IPO Registrar (RTA)

Bigshare Services Private Limited

Mittal Sections IPO Lead Manager (BRLM)

Gretex Corporate Services Limited

Mittal Sections IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Mittal Sections IPO?

Mittal Sections IPO, based in Ahmedabad, operates in the   Steel sector with a focus on Manufacturer of an extensive range of Mild Steel sections. The company is launching its SME Upcoming IPO on the BSE SME exchange, using the Book Building Issue method. Mittal Sections IPO size is ₹ [●] with fresh issue size of ₹ [●] and Offer for sale being Nil

When is Mittal Sections IPO allotment?

The IPO allotment date for Mittal Sections IPO is expected to be [●], after the finalization of basis of allotment. Investors can check Mittal Sections IPO allotment status on the registrars website, Bigshare Services Private Limited. Mittal Sections IPO refund dates are [●].

When is Mittal Sections IPO listing date?

Mittal Sections IPO is expected to be listed on [●].

What is the price band for Mittal Sections IPO?

The upper price band for the Mittal Sections IPO is set at ₹ [●] per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Mittal Sections IPO Review?

For IPO analysis on Mittal Sections IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Mittal Sections IPO?

To apply for the Mittal Sections IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of [●]. After submission, funds are blocked until the basis of allotment of Mittal Sections IPO is finalised.

Who is the merchant banker of Mittal Sections IPO?

The merchant banker for Mittal Sections IPO is Gretex Corporate Services Limited . Gretex Corporate Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Mittal Sections IPO RHP for further details.

Who is the Registrar of Mittal Sections IPO?

The registrar for Mittal Sections IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Mittal Sections IPO through their official website or helpline.

What is the Mittal Sections IPO subscription?

Mittal Sections IPO was subscribed [●] times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: [●] Avg IPO Size (Sector Based) : ₹ 29.33 Cr.
  • Sector: Steel SME IPO so far: 43
  • Merchant Banker: Gretex Corporate SME IPO by BRLM so far: 50
  • City: Ahmedabad SME IPO so far: 30
  • Revenue (annualised): ₹ 137.94 cr.
            PAT: (annualised): ₹ 4.82 cr.
  • PE Ratio: [●] Average Sector PE Ratio: 16.09x
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FAQs

Mittal Sections IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Mittal Sections Financial Review Page

Mittal Sections IPO subscription was X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Mittal Sections IPO listed at a listing price of against the offer price of .

The current market price of Mittal Sections is .

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