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Allotment
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Listing
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Issue Size
1,00,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 270.44 | 236.25 | 127.59 | 80.11 |
| Total Income | 192.70 | 340.67 | 239.81 | 193.24 |
| Profit After Tax | 9.80 | 18.12 | 12.56 | 6.53 |
| EBITDA | 20.16 | 35.12 | 24.10 | 13.87 |
| NET Worth | 103.78 | 93.99 | 42.77 | 19.36 |
| Total Borrowing | 101.32 | 84.27 | 57.76 | 30.00 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Rajputana Stainless Ltd. | Mainboard | ₹254.98 Cr | ₹122 | 21.1 | ₹113.03 | -7.35% | ₹133.76 (+0.45%) |
| VMS TMT Ltd. | Mainboard | ₹148.50 Cr | ₹99 | 22.24 | ₹99.65 | +0.66% | ₹44.12 (+2.05%) |
| Anubhav Plast Ltd. | SME | ₹24.00 Cr | ₹80 | 10.67 | ₹76.00 | -5.00% | ₹50.00 (-1.17%) |
| Kasturi Metal Composite Ltd. | SME | ₹17.61 Cr | ₹64 | 23.59 | ₹63.16 | -1.31% | ₹48.02 (-5.84%) |
| Shri Kanha Stainless Ltd. | SME | ₹46.28 Cr | ₹90 | 16.23 | ₹83.60 | -7.11% | ₹23.20 (+0.00%) |
| Mittal Sections Ltd. | SME | ₹52.91 Cr | ₹143 | 31.15 | ₹108.70 | -23.99% | ₹28.59 (+3.03%) |
| M P K Steels (I) Ltd. | SME | ₹25.74 Cr | ₹79 | 9.04 | ₹83.50 | +5.70% | ₹116.25 (+17.90%) |
About Madhur Iron and Steel IPO
Incorporated in 2012, Madhur Iron & Steel (India) Ltd. is engaged in the manufacturing and trading of structural steel products in India. The Company operates primarily under a business-to-business (B2B), order-based model, supplying products to institutional and industrial customers. The Company manufactures a range of re-rolled structural steel products, including Angles, Channels, Mild Steel (MS) Sections, Flats and Rods. It operates through two business verticals: manufacturing of structural steel products and trading of steel products, enabling it to serve diverse customer requirements across infrastructure, engineering and construction sectors. Its products cater to multiple end-use industries such as railway electrification, state electricity boards, power and energy infrastructure, telecom tower manufacturing, automotive and ancillary units, offshore structure fabrication, construction and real estate, general engineering and auto body manufacturing. In 2025, the Company expanded its manufacturing unit to enhance production capacity and operational efficiency. As of FY2025, the installed capacity stands at 56,700 MT per annum for the rolling mill and 7,800 MT per annum for
Contact Details
Madhur Iron & Steel (India) Ltd. Address21/A,Light Industrial Area,Bhilai,Durg, Chhattisgarh, 490026+91 903904288info@madhurironandsteel.comVisit Website