{"id":51834,"date":"2025-10-14T12:41:51","date_gmt":"2025-10-14T07:11:51","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=51834"},"modified":"2025-10-14T12:42:18","modified_gmt":"2025-10-14T07:12:18","slug":"mittal-sections-ipo-listing-2","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/mittal-sections-ipo-listing-2\/","title":{"rendered":"Mittal Sections IPO Listing at 20% Discount at \u20b9114 Per Share"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong><em>Click and Sign Up to Get Latest Updates on Mittal Sections Limited<\/em><\/strong><\/a><\/p><p><strong><em>Mittal Sections IPO Listing:<\/em><\/strong> The Mittal Sections IPO was subscribed 2.25 times at the close. In this subscription, qualified institutional buyers (QIBs) received 1.13 times the allocation, and non-institutional investors (NIIs) received 0.55 times the allocation. The retail quota of the issue was subscribed to 45.00%. Before delving deeper into the topic, go through the details of the Mittal Sections IPO.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/mittal-sections-ipo-listing-2\/#Mittal_Sections_IPO_Listing\" title=\"Mittal Sections IPO Listing\">Mittal Sections IPO Listing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/mittal-sections-ipo-listing-2\/#Mittal_Sections_IPO_Details\" title=\"Mittal Sections IPO Details\">Mittal Sections IPO Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/mittal-sections-ipo-listing-2\/#About_Mittal_Sections_Limited\" title=\"About Mittal Sections Limited\">About Mittal Sections Limited<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/mittal-sections-ipo-listing-2\/#Mittal_Sections_Limited_Financials\" title=\"Mittal Sections Limited Financials\">Mittal Sections Limited Financials<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/mittal-sections-ipo-listing-2\/#Explanation\" title=\"Explanation\">Explanation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/mittal-sections-ipo-listing-2\/#Recent_Articles\" title=\"Recent Articles\">Recent Articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Mittal_Sections_IPO_Listing\"><\/span><strong>Mittal Sections IPO Listing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>On the BSE and NSE platforms, shares are listed at \u20b9114.40 per share, representing a 20% discount over the issue price of \u20b9143 per share.&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Mittal_Sections_IPO_Details\"><\/span><strong>Mittal Sections IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>It is a book-building IPO of \u20b952.91 crores, comprising an entirely fresh issue of \u20b90.37 crores.&nbsp; The problem will be listed on BSE and SME on its tentative listing date, 13th October 2025.&nbsp;<\/p><p>The Mittal Sections IPO is scheduled for 7th October 2025 to 9th October 2025. The face value of Mittal Sections&#8217; IPO shares is \u20b910 per share, and the IPO price is set between \u20b9136 and \u20b9143 per share.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>IPO Open Date<\/strong><\/td><td>7th October 2025<\/td><\/tr><tr><td><strong>IPO Close Date<\/strong><\/td><td>9th October 2025<\/td><\/tr><tr><td><strong>IPO Allotment Date<\/strong><\/td><td>10th October 2025<\/td><\/tr><tr><td><strong>Refund Initiation&nbsp;<\/strong><\/td><td>13th October 2025<\/td><\/tr><tr><td><strong>Issue Size<\/strong><\/td><td>37,00,000 shares(aggregating up to \u20b952.91 Cr)<\/td><\/tr><tr><td><strong>Face Value<\/strong><\/td><td>\u20b910 per share<\/td><\/tr><tr><td><strong>Lot Size<\/strong><\/td><td>1,000 shares<\/td><\/tr><tr><td><strong>Issue Price Final<\/strong><\/td><td>\u20b9136 and \u20b9143 per share<\/td><\/tr><tr><td><strong>Issue Type<\/strong><\/td><td>Bookbuilding IPO<\/td><\/tr><tr><td><strong>Listing At<\/strong><\/td><td>BSE &amp; SME<\/td><\/tr><tr><td><strong>Listing Date<\/strong><\/td><td>14th October 2025<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Mittal_Sections_Limited\"><\/span><strong>About Mittal Sections Limited<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Mittal Sections Limited, established in 2009, is engaged in the manufacturing of basic iron and steel products. The company is a manufacturer of mild steel sections and structural steel products, including MS flat bars, round bars, angles, and channels, offering a wide range of high-quality Sections. The company markets its products under the brand name \u201cMSL-MITTAL,\u201d renowned for its quality, durability, and adherence to industry standards, ensuring reliable steel products that meet stringent specifications for client projects. The company operates two manufacturing plants in Changodar, Ahmedabad, Gujarat, with an installed capacity of 36,000 MTPA. Expansion plans aim to increase capacity to 96,000 MTPA.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Mittal_Sections_Limited_Financials\"><\/span><strong>Mittal Sections Limited Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The company&#8217;s financial analysis is essential before applying for the <strong>Mittal Sections&nbsp; IPO. <\/strong>Refer to the table to learn about Mittal Sections Limited&#8217;s financial information.&nbsp;<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Year Ended<\/strong><\/td><td><strong>31st March 2024 (in cr.)<\/strong><\/td><td><strong>31st March 2023 (in cr.)<\/strong><\/td><td><strong>31st March 2022 (in cr.)<\/strong><\/td><\/tr><tr><td><strong>Assets<\/strong><\/td><td>29.04<\/td><td>33.37<\/td><td>32.30<\/td><\/tr><tr><td><strong>Revenue<\/strong><\/td><td>161.65<\/td><td>167.53<\/td><td>149.35<\/td><\/tr><tr><td><strong>Profit After Tax<\/strong><\/td><td>1.89<\/td><td>0.56<\/td><td>0.60<\/td><\/tr><tr><td><strong>Net Worth<\/strong><\/td><td>6.73<\/td><td>4.84<\/td><td>4.28<\/td><\/tr><tr><td><strong>EBITDA<\/strong><\/td><td>&#8211;<\/td><td>&#8211;<\/td><td>&#8211;<\/td><\/tr><tr><td><strong>Reserve and Surplus<\/strong><\/td><td>4.11<\/td><td>2.21<\/td><td>1.66<\/td><\/tr><tr><td><strong>Total Borrowing<\/strong><\/td><td>15.00<\/td><td>20.39<\/td><td>13.54<\/td><\/tr><\/tbody><\/table><\/figure><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Explanation\"><\/span><strong>Explanation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Mittal Sections Limited&#8217;s revenue decreased by 3.50% from \u20b9167.53 crore in March 2023 to \u20b9161.65 crore in March 2024. Moreover, the company&#8217;s PAT rose by 237.50% from \u20b90.56 crores to \u20b91.89 crores.<\/p><p><strong><em>Download the <\/em><\/strong><a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\"><strong><em>Univest iOS App<\/em><\/strong><\/a><strong><em> or <\/em><\/strong><a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\"><strong><em>Univest Android App<\/em><\/strong><\/a><strong><em> to get daily stock recommendations and insightful research pieces!<\/em><\/strong><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Articles\"><\/span><strong>Recent Articles<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/top-10-penny-stocks-in-india\">Top 10 Penny Stocks in India | Penny Stocks to Buy in 2025<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/best-stocks-to-buy-today-6\">Best Stocks to Buy Today: Explore Best Stocks With Expected Trends<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/milky-mist-dairy-foods-ipo-details\">Milky Mist Dairy Foods IPO Details: Everything You Should Know about<\/a>&nbsp;<\/p><p><a href=\"https:\/\/univest.in\/blogs\/karbonsteel-engineering-ipo-gmp-review\">Karbonsteel Engineering IPO GMP &amp; Review: Should You Apply or Avoid?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/taurian-mps-ipo-gmp-review\">Taurian MPS IPO GMP &amp; Review: Should You Apply or Avoid?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/shringar-house-of-mangalsutra-ipo-gmp-review\">Shringar House of Mangalsutra IPO GMP &amp; Review: Apply or Avoid?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/dev-accelerator-ipo-gmp-review\">Dev Accelerator IPO GMP &amp; Review: Apply or Avoid?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/vigor-plast-india-ipo-listing-preview\">Vigor Plast India IPO Listing Preview: What to Expect Now?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/krupalu-metals-ipo-gmp-live-updates-2\">Krupalu Metals IPO GMP: Day 3 IPO Live Updates<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Click and Sign Up to Get Latest Updates on Mittal Sections Limited Mittal Sections IPO Listing: The Mittal Sections IPO was subscribed 2.25 times at the close. In this subscription, qualified institutional buyers (QIBs) received 1.13 times the allocation, and non-institutional investors (NIIs) received 0.55 times the allocation. The retail quota of the issue was<\/p>\n","protected":false},"author":23,"featured_media":51835,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[2529],"class_list":["post-51834","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-mittal-sections-ipo-gmp"],"metadata":{"_edit_lock":["1760428934:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"rank_math_primary_category":["1281"],"rank_math_seo_score":["79"],"rank_math_title":["Mittal Sections IPO Listing: Check Experts' Verdicts Here"],"rank_math_description":["Mittal Sections IPO Listing at \u20b9114, a discount of 20% over the IPO price of \u20b9143per share. What should be your next move on the Mittal Sections IPO? Read more.\r\n"],"rank_math_focus_keyword":["Mittal Sections 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