Mittal Sections Limited
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The public market debut of Mittal Sections Limited's was completed on Oct 14, 2025 with its listing on the BSE exchange. The IPO process raised 37,00,000 Shares in total capital, consisting of 37,00,000 Shares in new equity.
The offering featured a price range of ₹136 to ₹143 and minimum application size of 1000 shares. Investor response during the subscription period from Oct 07, 2025 to Oct 09, 2025 influenced the final allotment ratios across investor categories.
Final allotment was announced on Oct 10, 2025, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
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
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Well-Established Manufacturing Plants: Two facilities in Changodar, Ahmedabad provide cost efficiency and reliable supply chain.
- Wide Steel Product Range: Offers structural steel products like angles, flats, rounds, and channels under the trusted brand “MSL-MITTAL.”
- Loyal Customer Base: Strong demand built on quality, durability, and compliance with industry standards.
- Ongoing Legal Issues: Pending cases involving the company, promoters, and directors may affect operations and management focus.
- Regional Concentration Risk: Heavy dependence on Gujarat operations makes revenues vulnerable to regional disruptions.
- Supplier Reliance: Dependence on a few key suppliers for raw materials creates risks of supply disruption, price changes, or quality concerns.
- Mr. Ajaykumar Balwantrai Mittal
- Mr. Atul Balwantrai Mittal
Mittal Sections Limited
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