Mittal Sections IPO

About the company

Incorporated in 2006, Mittal Sections Ltd is a manufacturer of mild steel sections and structural steel products, including MS flat bars, MS round bars, MS angles, and channels. The company sells the entire product line under its brand name “MSL-MITTAL”. It operates two manufacturing plants located at in Ahmedabad, Gujarat, with an aggregate installed capacity of 36,000 MTPA, with plans to increase the capacity to 96,000 MTPA, which is expected to become operational by end of FY26. It offers ~55 SKUs of structural steel products with MS angles contributing 52.82% of revenue, followed by MS rect bars & square bars at 26.61% in FY25. State of Gujarat contributed 99.75% of FY25 revenue.

Financial performance (₹ Cr)

Subscription breakup (final, times)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   07 Oct 2025

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   09 Oct 2025

   Last day to place your bid

3. Basis of Allotment

   Completed
   10 Oct 2025

   Share allotment finalised

4. Refund Initiation

   Completed
   13 Oct 2025

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   13 Oct 2025

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   14 Oct 2025

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.