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Mittal Sections IPO Date, Review, Price, Allotment Details

Mittal Sections IPO Date, Review, Price, Allotment Details

Mittal Sections IPO will open on October 7, 2025, and close on October 9, 2025. It is a Book Built Issue, through which the company aims to raise approximately ₹52.91 crores. This consists entirely of a fresh issue of ₹52.91 crores, along with an offer for sale of up to [.] equity shares, each with a face value of ₹10.

The price band for the IPO is fixed at ₹136 to ₹143 per share. The allocation quota is divided as follows: 50% for QIBs, 35% for retail investors, and 15% for HNIs. The IPO shares are scheduled to list on the BSE on October 14, 2025, with the allotment date set for October 10, 2025.

In terms of financials, the company reported a revenue of ₹161.65 crores in 2024, compared to ₹167.53 crores in 2023. Its profit increased to ₹1.89 crores in 2024 from ₹0.56 crores in 2023. Based on these results, investors may consider applying for this IPO with a long-term investment perspective.

About Mittal Sections IPO

The AB Mittal Group of Companies is among the fastest-growing enterprises globally, known for its diverse and dynamic approach. Since its establishment in 2006, the group has steadily expanded its operations across multiple sectors, including Structured Steel Products, Textiles, Entertainment, and Chemicals.

Guided by the leadership of Mr. Atul B. Mittal (CEO & Director) and Mr. Ajay B. Mittal (Chairman), the group has consistently explored new opportunities and achieved remarkable milestones, redefining success at every stage. Over the years, it has significantly strengthened its presence and added value to the market landscape.

Sharing his vision, Mr. Ajay B. Mittal emphasizes that “Necessity is the mother of all inventions.” With this belief, the group has always focused on understanding market needs and delivering high-quality products crafted with excellence.

Mittal Sections IPO Details:

Face Value

₹10 Per Equity Share

Fresh Issue

Approx ₹52.91 Crores

Ipo Date

October 7, 2025

Issue Price

₹134 to ₹143

Issue Type

Book Built Issue

Listing At

BSE SME

Listing Date

October 14, 2025

Listing Day Close

--

Listing Day Gain

--

Lot Amount

2,86,000

Lot Size

2

Offer For Sale

--

Price Band

₹134 to ₹143 Per Share

Profit Loss

--

Share Holding Post Issue

--

Share Holding Pre Issue

--

Total Issue Size

Approx ₹52.91 Crores

--

--

Mittal Sections IPO Timeline (Tentative Schedule)

Basis Of Allotment

2025-10-10

Credit Of Shares To Demat

2025-10-13

Cut Off Time For Upi Mandate

2025-10-08T23:30:00.000Z

Initiation Of Refunds

2025-10-13

Ipo Close Date

2025-10-09

Ipo Open Date

2025-10-07

Listing Date

2025-10-14

Key Performance Indicator

KPI

Values

Debt Equity

--

P Bv

--

Pat Margin

--

Roce

--

Roe

--

Ronw

28.13

Objects of the Issue (Mittal Sections IPO Objectives)

To Capital expenditure towards Acquisition of Land, Construction of Factory Building and Purchase of Plant & Machineries

To meet Working Capital requirements

Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company

General Corporate Purpose

Mittal Sections IPO Review (Apply)

Mittal Sections IPO Company Financial Report (₹ in Crores)

Year
Revenue
Expense
PAT
2023
167.53
0.56
2024
161.65
1.89
September 2024
68.97
2.41

Company Promoters

  • - Abhiraj Singh Bhal
  • - Raghav Chandra
  • - Varun Khaitan

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