India holds the spot as the second-largest crude steel producer, turning out 125.32 MT of crude steel and 121.29 MT of finished steel in FY23. Riding on this strong industry growth, Mittal Sections is all set to step into the market with its upcoming IPO.
Wealth Mine Networks will be managing the Mittal Sections Limited IPO and Bigshare Services will be registering it. Check the allotment status.
For a better review, go through the Mittal Sections Limited DRHP.
Note: For Mittal Sections Private Limited IPO, 50% of the IPO shares will become tradable 30 days after allotment, and the remaining portion will be released from lock-in after 90 days.
The company profile of Mittal Sections is given below:
Let's check the details of the Mittal Sections Limited IPO.
Let’s check its essential risks and strengths of Mittal Sections:
Strengths
Demand is on their side: With India building more roads, bridges, and cars, steel is in constant demand and Mittal Sections ride on that wave.
Growing capacity: They keep adding to their production setup, which means they can take on larger projects without missing a beat.
Trusted name: They’ve been around in the steel game for a while, which gives them an edge with repeat customers.
Products for many uses: From construction to industry, their steel fits into a variety of needs.
Risks
Input costs can rise: Iron ore and coal prices move up and down a lot, and that can eat into profits.
Power-hungry process: Making steel needs loads of energy, so higher electricity or fuel costs quickly add up.
Heavy competition: Plenty of steelmakers are out there, which means Mittal Sections has to keep prices attractive and products sharp.
Industry ups and downs: Steel demand often follows the economy. If construction slows, their sales can take a hit.
As of 3rd October 2025, Mittal Sections IPO GMP is not available. But take a peek at the DRHP and company profile. Getting familiar with the details now will put you ahead when the numbers finally drop.
Also, check the latest GMP here.
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1. How is the Mittal Sections Limited IPO review?
Mittal Sections is seen as a manufacturing company, with expansion capital as a key objective. For the latest sentiment, you can look for the GMP updates.
2. What is the Mittal Sections IPO date?
The open date of Mittal Sections IPO is October 7, 2025 and the closing date of is October 9, 2025. But one can monitor live subscription details in real time.
3. What is the Mittal Sections IPO price?
The share price is ₹136 to ₹143 as per the latest Mittal Sections IPO news. The final issue price will fall within this range. Also, don't forget to check the allotment details.
4. Should I use a demat account to bid for the Mittal Sections IPO?
Yes, a demat account is required to bid for the Mittal Sections IPO. Click here to get the ultimate list of the top demat account providers.