Mittal Solutions IPO GMP & Review: Should You Apply or Avoid?

Check Expert’s Verdicts on Mittal Solutions IPO

Mittal Solutions’ IPO is open for bidding from 7th October 2025 to 9th October 2025. It is a book-building IPO of ₹52.91 crores, comprising an entirely fresh issue of ₹0.37 crores.  The problem will be listed on BSE and SME on its tentative listing date, 13th October 2025. 

Mittal Solutions IPO Details 

The Mittal Solutions IPO date is fixed between 7th October 2025 and 9th October 2025. The face value of Mittal Solutions’ IPO shares is ₹10 per share, and the IPO price is set between ₹136 and ₹143 per share.

Bigshare Services Private Limited is the registrar of the Mittal Solutions IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

Mittal Solutions IPO Share Reservation

Mittal Solutions’ IPO is a book-building issue of ₹52.91 crores, comprising a new issue that will be listed on the BSE and SME Exchanges. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Mittal Solutions 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 Mittal Solutions IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of October 03, 2025, Mittal Solutions’ IPO GMP stands at ₹0 per share, indicating that the share is likely to list at ₹143 on its tentative listing date, October 14, 2025.

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

Mittal Solutions IPO GMP Review

Check out the detailed Mittal Solutions GMP IPO review for a thorough understanding of its potential and the listing gains expected on 14th October 2025. The Mittal Solutions 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 understand the business’s financial growth margins and declines before applying for the Mittal Solutions IPO.

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.

Mittal Solutions Limited’s IPO has demonstrated consistent revenue growth, indicating that the company is financially stable. Moreover, brokers, investors, and RAs have a positive outlook for the Mittal Solutions IPO on its tentative listing date,14th 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 Mittal Solutions IPO.

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. 

Mittal Solutions IPO Subscription Status

The Mittal Solutions IPO is scheduled to open for bidding on October 7, 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Mittal Solutions IPO subscription status. 

About Mittal Solutions Limited

Mittal Solutions 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 solutions. The company markets its products under the brand name “MSL-MITTAL,” 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.

Mittal Solutions Limited Financials

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

Explanation

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.

Mittal Solutions IPO Bidding Requirements

Investors can bid for a minimum of 46 shares and in multiples thereof. The following table represents the minimum and maximum investments by individual investors (retail) and HNI in terms of shares and amount.

Mittal Solutions’ 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!

Mittal Solutions IPO Promoter Holding

Refer to the table below to review the holdings of Mittal Solutions 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 Mittal Solutions 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.

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

Should I Invest in the Mittal Solutions IPO?

Explore the pros and cons of Mittal Solutions 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 Mittal Solutions IPO

• The company has a well-established manufacturing setup
• The company has a strong customer base
• The company has a wide range of our products SKUs
• The company has experienced promoters and management teams

Cons of Mittal Solutions IPO

• The company has a Limited track record
• The company has profitability concerns
• The company has a dependence on a few clients

How to Apply for the Mittal Solutions IPO?

Please follow the steps outlined below to apply for a position at Mittal Solutions Limited.

• Step 1: Conduct thorough research on the Mittal Solutions IPO, including GMP, subscription status, issue size, lot size, and other relevant details. 
• Step 2: Open a demat account with Univest to gain real-time insights into 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 2,000 shares, valued at ₹ 2,86,000.
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

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

How to Check Mittal Solutions IPO Allotment Status?

You can check whether the Mittal Solutions IPO allotment has been completed in various ways. These include NSE 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 Mittal Solutions 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 Mittal Solutions IPO allotment status.

Let’s Wrap

Mittal Solutions’ IPO is a fresh issue of shares worth ₹52.91 crore. The shares of Mittal Solutions Limited will be listed on the BSE and NSE on its tentative listing date of October 14, 2025. Researching the Mittal Solutions IPO, including its GMP and reviews, is highly recommended to secure your ideal level of 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 Mittal Solutions IPO

How is the Mittal Solutions IPO?

Ans. As of 3rd October 2025, the Mittal Solutions IPO GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹143 per share. It is a book-building IPO of ₹52.91 crore. The face value of each share of Mittal Solutions Limited is ₹10 per share.

What is the IPO price of Mittal Solutions?

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.

Is the Mittal Solutions IPO a good investment?

Ans. 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.

Who is the registrar of the Mittal Solutions IPO?

Ans. 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.

What is the issue size of the Mittal Solutions IPO?  

Ans. Mittal Solutions‘ IPO is a book-building issue of ₹52.91 crore. Moreover, the IPO is set to open on 7th October 2025 and will be closed on 9th October 2025. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Mittal Solutions IPO, download the Mittal Solutions IPO RHP and the Mittal Solutions 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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