Listed Price₹114.40
Listing Gain-20.00%
Price Band₹136 - ₹143
Lot Size1,000 shares
Min Bid₹1,43,000
Subscription2.31x
Listed Market Snapshot
₹114.40Listed price from market data
-20.00%listing gain
Issue Amount
₹52.91 Cr
Listed Price
₹114.40
Current Price
₹32.46
Registrar
Bigshare Services Private Limited
Timeline•Bookbuilding IPO
Open07 Oct 2025
Close09 Oct 2025
Allotment10 Oct 2025
Listing14 Oct 2025
Quota Reservation Portions
QIBPortion: 1,85,000 shares
5%HNIPortion: 16,65,000 shares
45%RetailPortion: 16,65,000 shares
45%Market MakerPortion: 1,85,000 shares
5%Minimum Application Bracket Matrix
Retail2 lots / 2,000 shares
₹2,86,000sHNI3 lots / 3,000 shares
₹4,29,000bHNI7 lots / 7,000 shares
₹10,01,000About the Company
Mittal Sections Limited, incorporated in 2009, is a manufacturer of mild steel sections and structural steel products such as flat bars, round bars, angles, and channels, marketed under the brand name “MSL-MITTAL.” Known for quality and durability, its products meet strict industry standards and are widely used across construction, automotive, and engineering applications. The company operates two plants in Changodar, Ahmedabad, Gujarat, with an installed capacity of 36,000 MTPA and plans to expand to 96,000 MTPA. As of February 28, 2025, it employs 63 permanent staff, supporting its mission to deliver reliable and high-quality steel solutions
Company Promoters
Mr. Ajaykumar Balwantrai MittalMr. Atul Balwantrai Mittal
Lead Managers
Registrar
Bigshare Services Private Limited