Price Band
₹136 - ₹143
Lot Size
1000
Issue Size
₹52.91 Cr
GMP
N/A
Subscription
2.25x
Analyzing...
IPO Schedule
1
Open
7 Oct 2025
2
Close
9 Oct 2025
3
Allotment
10 Oct 2025
4
Listing
14 Oct 2025
About Mittal Sections Ltd
Mittal Sections Ltd is an SME engaged in the manufacturing of structural steel products and customized steel sections. Their product range caters to diverse industries including infrastructure, construction, and engineering.
Key Strengths
- High Return on Equity (ROE) of 34.92% indicates efficient utilization of shareholder funds.
- Established relationships with key customers.
- Experienced management team with a proven track record.
- Growing demand for structural steel driven by infrastructure development.
- Strategic location providing logistical advantages.
Risk Factors
- •The SME segment inherently carries higher risk compared to larger, more established companies.
- •Fluctuations in raw material prices (steel) can impact profitability.
- •Reliance on specific industries makes the company vulnerable to sector-specific downturns.
Valuation Analysis
The IPO is priced at a P/E of 31.15, which appears relatively high compared to some industry peers and needs careful consideration of growth prospects to justify the valuation.
IPO Details
ExchangeNSE
SegmentSME
ISININE833Q01012
NSE SymbolMITTALSTL
Face Value₹10
Lot Size1000
Issue Size₹52.91 Cr
Key Metrics
ROE34.92%
ROCE31.27%
P/E Ratio31.15
Industry P/E20
EPS4.59
PAT Margin2.64%
Debt/Equity2.04
Growth & Quality
ProfitableYes ✓
Subscription
Total1.25x
Imbalance Ratio99.0x
Documents
Key Dates
Open Date7 Oct 2025
Close Date9 Oct 2025
Allotment10 Oct 2025
Listing14 Oct 2025