Mittal Sections
Open Date
07 Oct 2025
Close Date
09 Oct 2025
Min Investment
₹286000
Lot Size
14 Shares
Issue Size
₹52.91 Cr
Price Range
₹136 - ₹143
Listing Date
Oct 14, 2025
IPO Doc
RHP PDFAbout Mittal Sections
Registered in 2009, Mittal Sections Limited deals in manufacturing basic iron and steel products.The firm is a producer of mild steel sections and structural steel items, such as MS flat bars, round bars, angles, and channels, providing diversified high-quality solutions.The firm sells its products under the brand name 'MSL-MITTAL, quality, strength, and industry standard, providing consistent steel products to meet stringent specifications for customer projects.The firm has two production facilities in Changodar, Ahmedabad, Gujarat, with a capacity of 36,000 MTPA. Plans to expand include raising the capacity to 96,000 MTPA.As of February 28, 2025, the firm had 63 permanent staff members.
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Mittal Sections IPO - Issue Objectives
The company will utilise ₹20.81 crore for the acquisition of land and construction work. The company will utilise ₹5.00 crore for repayment or prepayment of borrowings The company will utilise ₹15 crore for funding business working capital. Part of the IPO proceeds will be used for general corporate purposes
Capital expenditure
39.35%
Repayment of loans
9.45%
Working capital
28.35%
General corporate purposes
23%
Capital expenditure
The company will utilise ₹20.81 crore for the acquisition of land and construction work.
Repayment of loans
The company will utilise ₹5.00 crore for repayment or prepayment of borrowings
Working capital
The company will utilise ₹15 crore for funding business working capital.
General corporate purposes
Part of the IPO proceeds will be used for general corporate purposes
IPO Subscription Status
Financials of Mittal Sections
In Cr.
Revenue: ₹28.17
EBITDA: ₹2.48
Profit: ₹1.47
| Key Performance Indicator | 31-May-25 (In Cr.) | 31-Mar-25 (In Cr.) | 31-Mar-24 (In Cr.) | 31-Mar-23 (In Cr.) |
|---|---|---|---|---|
| Revenue | 28.17 | 137.07 | 161.65 | 167.53 |
| EBITDA | 2.48 | 7.79 | 5.53 | 3.27 |
| Expenses | ||||
| Profit After Tax | 1.47 | 3.61 | 1.89 | 0.56 |
| Assets | 50.48 | 45.42 | 29.04 | 33.37 |
| Net Worth | 11.81 | 10.34 | 6.73 | 4.84 |
| Reserves | 3.94 | 2.47 | 4.11 | 2.21 |
| Borrowing | 20.70 | 21.09 | 15.00 | 20.39 |
Mittal Sections - Promoter(s)
Mittal Sections
Ajaykumar Balwantrai Mittal
Atul Balwantrai Mittal
Well Plan Tradelink Pvt
N/A
N/A
Registrar Contact Details
Bigshare Services Pvt.Ltd
01, Sona Roopa Apartment, Opp. Lal Bunglow, C.G. Road, Navrangpura, Ahmedabad, Gujarat, 380009
Mittal Sections IPO - FAQs
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