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MITTALSTLSME / BSEListed
Mittal Sections

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

drhp
₹136 - ₹1432.31x sub
Listed Price₹114.40
Listing Gain-20.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open07 Oct 2025
Close09 Oct 2025
Allotment10 Oct 2025
Listing14 Oct 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB1,85,000 shares
5%
HNI16,65,000 shares
45%
Retail16,65,000 shares
45%
Market Maker1,85,000 shares
5%

Minimum Application Lots

Retail2 Lots (2,000 shares)
₹2,86,000
sHNI3 Lots (3,000 shares)
₹4,29,000
bHNI7 Lots (7,000 shares)
₹10,01,000

Company Promoters

Mr. Ajaykumar Balwantrai MittalMr. Atul Balwantrai Mittal

Company Background

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 engineerin...

Lead Managers & Bankers

Wealth Mine Networks Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (May-25)₹28.17 Cr
Growth-83.2%
Revenue Trend (₹ in Crores)
0.064.2128.4192.7Mar-23Mar-24Mar-25May-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
May-2528.171.4750.4820.7
Mar-25137.073.6145.4221.09
Mar-24161.651.8929.0415
Mar-23167.530.5633.3720.39

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
May-251.870%10.26%018.79
Mar-254.590%31.27%31.150
Mar-242.410%42.05%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
10 Oct 2025
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
14 Oct 2025

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Mittal Sections. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization10 Oct 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date14 Oct 2025Trading commences on exchange

How to Check Mittal Sections Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Mittal Sections from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Mittal Sections IPO

Complete issue overview for Mittal Sections (MITTALSTL) IPO. The issue features an equity share price band of ₹136 – ₹143 per share with a minimum retail lot size of 1000 Shares (minimum application amount of ₹1,43,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions