MPK Steels IPO GMP & Review: Should You Apply or Avoid?

Check Expert’s Verdicts on MPK Steels IPO

MPK Steels’ IPO is open for bidding from 26th September 2025 to 30th September 2025. It is a book-building IPO of ₹25.74 crores, comprising an entirely fresh issue of ₹0.33 crore. The problem will be listed on BSE and SME on its tentative listing date, 6th October 2025. 

MPK Steels IPO Details

The MPK Steels IPO date is fixed between 25th September 2025 and 30th September 2025. The face value of MPK Steels’ IPO shares is ₹10 per share, and the IPO price is set between ₹96 and ₹101 per share.

Maashitla Securities Private Limited is the registrar of the MPK Steels IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

MPK Steels IPO Share Reservation

MPK Steels’ IPO is a book-building issue of ₹25.74 crores, comprising an entirely fresh issue of ₹0.33 crores, which will be listed on the BSE and NSE. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

MPK Steels IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Would you like to receive live updates on the MPK Steels IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 24th September 2025, MPK Steels’ IPO GMP stands at ₹0 per share, indicating that the share is likely to list at ₹79 on its tentative listing date, 1st October 2025.

GMP data is subject to change based on market trends and sentiments. Please verify the live GMP status before applying for the MPK Steels GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends. 

MPK Steels IPO GMP Review

Check out the detailed MPK Steels GMP IPO review for a thorough understanding of its potential to report listing gains on 6th October 2025. The MPK Steels IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Therefore, it is crucial to comprehend the business’s financial growth margins and declines before applying for the MPK Steels IPO.

MPK Steels Limited’s revenue increased by 10% from ₹189.17 crores in March 2024 to ₹208.03 crores in March 2025. Moreover, the company’s PAT rose by 95% from ₹3.11 crores to ₹6.05 crores.

MPK Steels Limited’s IPO has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for the MPK Steels IPO for its tentative listing day, 6th October 2025.  

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the MPK Steels IPO.

The P/E ratio of MPK Steels Limited’s share is 9.04, and its Earnings Per Share (EPS) stands at 8.74. Thus, the MPK Steels Limited IPO can potentially deliver gains on its tentative listing date, 1st October 2025. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of MPK Steels Limited are subject to change after the IPO. Refer to the table below for post-issue updates on these two metrics. 

MPK Steels Limited IPO Peer Comparison

MPK Steels IPO Subscription Status

The MPK Steels IPO is scheduled to open for bidding on September 25, 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live MPK Steels IPO subscription status. 

About MPK Steels Limited

MPK Steels Limited, established in 2005, is engaged in the manufacturing of structural steel products. The company manufactures general-purpose structural steel products for various industries, including railways, telecom, power, automotive, construction, fabrication, offshore structures, and infrastructure development, ensuring high-quality solutions. The company manufactures and trades in structural steel products, including MS channels, Beams, Angles, Squares, Rounds, and Flats, with MS channels being the primary revenue driver and key to its success. The company’s factory is located at A-195, RIICO Industrial Area, Jaipur, offering strong market connectivity. It employs a mix of skilled and unskilled staff, including engineers and professionals.

MPK Steels Limited Financials

The company’s financial analysis is essential before applying for the MPK Steels  IPO. Refer to the table to learn about MPK Steels Limited’s financial information. 

Explanation

MPK Steels Limited’s revenue increased by 10% from ₹189.17 crores in March 2024 to ₹208.03 crores in March 2025. Moreover, the company’s PAT rose by 95% from ₹3.11 crores to ₹6.05 crores.

MPK Steels IPO Bidding Requirements

Investors can bid for a minimum of 3,000 shares and in multiples of 1,500 thereof. The following table represents the minimum and maximum investments by individual investors (retail) and HNI in terms of shares and amount.

MPK Steels’ IPO has reserved lot sizes for different investor categories. Refer to the table below to view the requirements for applying to this IPO.

Use the lot size calculator to find how many shares you should apply for!

MPK Steels IPO Promoter Holding

Refer to the table below to review the holdings of MPK Steels Limited’s promoters: Sanjay Singhania, Ajay DD Singhania, Bajrang Bothra, Laxmi Pat Bothra and Nikhil Bothra.

Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue –  Share Holding Post-Issue.

Aim of the MPK Steels IPO

The primary aim of the MPK Steels IPO is to raise ₹25.74 crore. On the other hand, MPK Steels has decided to utilise these funds in different ways. Explore some of the secondary objectives for the MPK Steels IPO.

• To Capital Expenditure towards the purchase of Machinery and Dies
• To Capital Expenditure towards the installation of the Solar Plant
• To meet Working Capital Requirements
• To General Corporate Purposes

Should I Invest in the MPK Steels IPO?

Explore the pros and cons of MPK Steels to know whether you should apply or avoid the issue. These pros and cons may help you understand the IPO’s efficiency in generating profits in the coming decades. 

Pros of MPK Steels IPO

• The Company has dual plant operations at a single location
• The company has a strong brand and long-term relationships
• The company has an extensive range of dies for steel measurements

Cons of MPK Steels IPO

•  The company has a low profit margin and modest profitability
• The company has a working capital intensity
• The company is dependent on the highly constructed

How to Apply for the MPK Steels IPO?

Please follow the steps outlined below to apply for a position at MPK Steels Limited.

• Step 1: Conduct thorough research on the MPK Steels IPO, including GMP, subscription status, issue size, lot size, and other relevant details. 
• Step 2: Open a demat account with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Place a bid for two lots of 3,000 shares, valued at ₹2,37,000.
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the MPK Steels IPO from more than one demat account to increase your chances of allotment. 

How to Check the MPK Steels IPO Allotment Status?

You can check whether the MPK Steels IPO allotment has been completed in different ways. These include BSE and the registrar portal. Refer to the steps below to check your allotment status online.

Check On BSE

• Visit the BSE Official Website.
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the MPK Steels IPO.  
• Choose whether to proceed with the PAN number or the application number. 
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal.
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your MPK Steels IPO allotment status.

Let’s Wrap

MPK Steels’ IPO is a fresh issue of shares worth ₹25.74 crores. The shares of MPK Steels Limited will be listed on BSE and NSE on its tentative listing date of 6th October 2025. Researching the MPK Steels IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on MPK Steels IPO

How is the MPK Steels IPO?

Ans. Currently, on 24th September 2025, the MPK Steels IPO GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹79 per share. It is a book-building IPO of ₹25.74 crores, comprising an entirely fresh issue of 0.33 crore shares. The face value of each share of MPK Steels Limited is ₹10 per share.

What is the IPO price of MPK Steels?

Ans. The DSM Projects IPO price is set at ₹75 and ₹79 per share. Retail investors can apply for a minimum of 2 lots, each consisting of 3,000 shares, worth ₹2,37,000. Moreover, HNIs are required to bid for a minimum of 3 lots (4,500 shares) worth ₹3,55,500.

Is the MPK Steels IPO a good investment?

Ans. MPK Steels Limited’s revenue increased by 10% from ₹189.17 crores in March 2024 to ₹208.03 crores in March 2025. Moreover, the company’s PAT rose by 95% from ₹3.11 crores to ₹6.05 crores.

Who is the registrar of the MPK Steels IPO?

Ans. Maashitla Securities Private Limited is the registrar of the MPK Steels IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the MPK Steels allotment and refund, you can contact Maashitla Securities Private Limited at ipo@maashitla.com   or +91-11-45121795-96.

What is the issue size of the MPK Steels IPO?  

Ans. MPK Steels’ IPO is a book-building IPO of ₹25.74 crores, comprising an entirely fresh issue of 0.33 crore shares. Moreover, the IPO is set to open on 26th September 2025 and will be closed on 30th September 2025. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the MPK Steels IPO, download the MPK Steels IPO RHP and the MPK Steels IPO DRHP. Conduct thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.

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