Mittal Sections IPO GMP: Day 2 IPO Live Updates

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Posted by : sachet | Wed Oct 08 2025

Mittal Sections IPO GMP: Day 2 IPO Live Updates

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The Mittal Sections IPO GMP is ₹0 as of 7th October 2025. It is a book-building IPO of ₹11,607.01 crores, comprising a fresh issue of 0.37 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 14th October 2025. The face value of Mittal Sections shares is ₹10 per share, and the IPO price band is set at ₹136 to ₹143 per share. Retail investors can bid for a minimum of 2 lots of 2,000 shares, worth ₹2,86,000.

Table of Contents

Mittal Sections IPO Grey Market Premium

As of 7th October 2025, the Mittal Sections IPO GMP stands at ₹0 per share. Thus, the estimated listing price would be ₹143. This indicates that the estimated listing gain in this IPO could be 0.00%. However, GMP details are subject to change based on market conditions and fluctuations. Explore the table for the Mittal Sections IPO GMP updates.

GMP Date	IPO Price	GMP	Estimated Listing Price	Estimated Listing Gains
8-10-2025	₹143.000	₹0.00	₹143.00	0.00%
7-10-2025	₹143.000	₹0.00	₹143.00	0.00%
6-10-2025	₹143.000	₹0.00	₹143.00	0.00%
5-10-2025	₹143.000	₹0.00	₹143.00	0.00%
4-10-2025	₹143.000	₹0.00	₹143.00	0.00%
3-10-2025	₹143.000	₹0.00	₹143.00	0.00%
2-10-2025	₹143.000	₹0.00	₹143.00	0.00%

Mittal Sections IPO Details

IPO Open Date	7th October 2025
IPO Close Date	9th October 2025
IPO Allotment Date	10th October 2025
Refund Initiation	13th October 2025
Issue Size	37,00,000 shares(aggregating up to ₹52.91 Cr)
Face Value	₹10 per share
Lot Size	1,000 shares
Issue Price Final	₹136 and ₹143 per share
Issue Type	Bookbuilding IPO
Listing At	BSE & SME
Listing Date	14th October 2025

Explanation

Mittal Sections IPO: Mittal Sections Limited has announced that the issue price is set at ₹136 to ₹143 per share. With this IPO, the company allows retail investors to bid for two lots of 2,000 shares worth ₹2,86,000. The face value of Mittal Sections Limited shares is ₹10 per share. The shares of Mittal Sections Limited will be listed on BSE and NSE on its tentative listing day, 14th October 2025. Scroll down to view GMP updates and reviews of the Mittal Sections IPO.

Objectives of the Mittal Sections IPO

The primary aim of the Mittal Solutions IPO is to raise ₹52.91 crore. On the other hand, Mittal Solutions has decided to utilise these funds in different ways.

To Capital expenditure towards Acquisition of Land, Construction of Factory Building and Purchase of Plant & Machinery
To meet Working Capital requirements
To Full or partial repayment and/or prepayment of certain outstanding secured borrowings availed by the Company
To General Corporate Purposes

Mittal Sections IPO Registrar

Bigshare Services Private Limited is the registrar of the Mittal Solutions IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the Mittal Solutions allotment and refund, please contact Bigshare Services Private Limited at ipo@bigshareonline.com or +91-22-6263 8200.

Mittal Sections IPO Review

The Mittal Sections IPO has gained neutral ratings from industry experts, brokers, and institutional investors. Mittal Solutions Limited’s revenue decreased by 3.50% from ₹167.53 crore in March 2023 to ₹161.65 crore in March 2024. Moreover, the company’s PAT rose by 237.50% from ₹0.56 crores to ₹1.89 crores.

Most analysts recommend applying for this IPO to diversify your investment portfolio in the stock market. However, we’re waiting for further ratings to gain a better understanding and will continue to post them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Mittal Sections IPO or not.

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 Mittal Sections IPO.

Key Indicators	Value
PE Ratio (Price-to-Earnings)	59.42
EPS (Earnings Per Share)	2.41
RoNW	28.13%
ROCE	42.05%
ROE	28.13%
EBITDA Margin	–
Price to Book Value	16.71
Market Capitalisation	₹165.42 Cr.

The P/E ratio of Mittal Solutions Limited’s share is 59.42, and its Earnings Per Share (EPS) stands at 2.41. Thus, the Mittal Solutions Limited IPO can deliver gains on its tentative listing date, 14th October 2025.

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

Indicators	Pre-IPO	Post-IPO
PE Ratio	59.42	34.27
EPS	2.41	4.17

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FAQs on Mittal Sections IPO

What is the GMP of the Mittal Sections IPO?

Ans. As of 8th October 2025, the Mittal Sections (Grey Market Premium) stand at ₹0. This suggests that the estimated listing price could be 0.00% of the share price.

What is the issue price of the Mittal Sections IPO?

Ans. The Mittal Solutions IPO price is set between ₹136 and ₹143 per share. Retail investors can apply for a minimum of 2 lots, each consisting of 2,000 shares, worth ₹2,86,00. Moreover, HNIs are required to bid for a minimum of 3 lots (3,000 shares) worth ₹4,29,000.

Who is the registrar of the Mittal Sections IPO?

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