Mittal Sections IPO Opens On 7 Oct ... 

Is Mittal Limited Sections IPO Worth Your Investment?


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.

Mittal Sections: Company Profile

The company profile of Mittal Sections is given below:

Particulars

Details 

Incorporated In

2009

Registered Office 

Gujarat

Promoters

Ajaykumar Mittal, Atul Mittal and Well Plan Tradelink 

Products 

MS Round Bars, Flat Bars, Angles, and Channels

Projects 

60+

Clients

1400+

Competitors 

Rhetan TMT, Surani Steel, Riddhi Steel and Tube Limited


Mittal Sections IPO Details 

Let's check the details of the Mittal Sections Limited IPO. 

  • Mittal Sections Limited IPO Date


Event

Date

IPO bidding window begins

Tue, Oct 7, 2025

Last day to apply (IPO bidding ends)

Thu, Oct 9, 2025

Final time to approve UPI mandate

5 PM on Thu, Oct 9, 2025

Share allotment announcement (tentative)

Fri, Oct 10, 2025

Refunds initiation (if applicable)

Mon, Oct 13, 2025

Shares credited to Demat accounts

Mon, Oct 13, 2025

Expected listing on stock exchange

Tue, Oct 14, 2025



  • Mittal Sections IPO Size


Particulars

Shares

Aggregate Value 

Fresh Issue 

37,00,000

₹52.91 Crore

Offer for Sale

Overall Issue 

37,00,000

₹52.91 Crore


  • Objectives of the Mittal Sections Trust Offer 



Purpose

Total Estimated Cost (₹ in lakhs)

Land purchase, factory construction, and machinery installation

2,089.00

Working capital support

1,500.00

Repayment/prepayment

500.00

General corporate needs

Undisclosed 

Net issue proceeds

Undisclosed



  • Other takeaways and the Mittal Sections Limited IPO price


Particulars

Description

Face value

₹10

Price Range

₹136 to ₹143

Lot Size 

1,000 shares

Listed At 

BSE, SME


  • Categorisation of Different Investors  


Investor Group

Allocation of Shares

Qualified Institutional Buyers (QIB)

Up to 50% 

Retail Investors

Minimum 35%

Non-Institutional Investors (NII)

Minimum 15% 


  • Anchor Investor


Particulars

Description

Offer period 

Undisclosed 

Terms of Payment 

NA


Mittal Sections IPO details: Key Financials   


Particulars

For six months ended Sept 30, 2024

2024

2023

2022

Share Capital

262.50

262.50

262.50

262.50

Net Worth

914.45

673.08

483.74

427.88

Revenue from Operations

6,847.08

16148.18

16,717.85

14906.18

Total Revenue 

6,897.43

16164.96

16,753.26

14935.48

Profit after Tax

241.37

189.34

55.86

60.09

EPS (₹) – Basic & Diluted

3.07

2.41

0.71

0.76

NAV per Equity Share (₹)

11.62

8.56

6.15

5.44

Total Borrowings 

1,298.64

1499.8

2,038.91

1354.26


Strengths and risks

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.

Should You Invest In The Mittal Sections Limited IPO?

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

You must also find the live subscription numbers. Apply now.

FAQs

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.
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