✓
Open
7 Oct 2025
✓
Close
9 Oct 2025
3
Allotment
—
✓
Listing
Tue, Oct 14, 2025
Price Band
₹136 to ₹143
Issue Size
37,00,000 shares (agg. up to ₹53 Cr)
Lot Size
1,000 Shares
Listing Date
Tue, Oct 14, 2025
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
14-10-2025₹0Est. ₹143+0%
13-10-2025₹0Est. ₹143+0%
12-10-2025₹0Est. ₹143+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.21x |
Restated Financials (₹ Cr.)
| Period Ended | 31 May 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 50.48 | 45.42 | 29.04 | 33.37 |
| Total Income | 28.17 | 137.07 | 161.65 | 167.53 |
| Profit After Tax | 1.47 | 3.61 | 1.89 | 0.56 |
| EBITDA | 2.48 | 7.79 | 5.53 | 3.27 |
| NET Worth | 11.81 | 10.34 | 6.73 | 4.84 |
| Reserves and Surplus | 3.94 | 2.47 | 4.11 | 2.21 |
| Total Borrowing | 20.70 | 21.09 | 15.00 | 20.39 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| M P K Steels (I) Ltd. | SME | ₹25.74 Cr | ₹79 | 9.04 | ₹83.50 | +5.70% | ₹95.20 |
| P S Raj Steels Ltd. | SME | ₹28.28 Cr | ₹140 | 12.14 | ₹150.60 | +7.57% | ₹86.95 |
| Newmalayalam Steel Ltd. | SME | ₹41.76 Cr | ₹90 | 26.67 | ₹85.50 | -5.00% | ₹23.10 |
| VMS TMT Ltd. | Mainboard | ₹148.50 Cr | ₹99 | 22.24 | ₹99.65 | +0.66% | ₹44.83 |
| Sambhv Steel Tubes Ltd. | Mainboard | ₹540.00 Cr | ₹82 | 23.97 | ₹97.59 | +19.01% | ₹128.67 |
| Scoda Tubes Ltd. | Mainboard | ₹220.00 Cr | ₹140 | 33.81 | ₹147.00 | +5.00% | ₹129.85 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Capital expenditure towards Acquisition of Land, Construction of Factory Building and Purchase of Plant & Machineries | 20.82 |
| 2 | To meet working capital requirements | 15.00 |
| 3 | Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company | 5.00 |
| 4 | General Corporate Purposes | 2.06 |
| 5 | Issue Expenses | 10.03 |
| Total | 52.91 |
About Mittal Sections IPO
Updated on Aug 5, 2026
Contact Details
Mittal Sections Ltd. Address01, Sona Roopa ApartmentOpp.Lal Bunglow, C.G.RoadNavrangpuraAhmedabad, Gujarat, 380009+91-79-26465484info@mittalsections.comVisit Website