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.
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)
Company Promoters
Upcoming IPO
SME IPO
The ultimate destination for all of your medical needs.