
M P K Steels (I) Ltd IPO
NSELot: 1600Steel
About M P K Steels (I) Ltd
M P K Steels (I) Ltd is an SME engaged in the manufacturing and trading of steel products. They cater to various sectors, providing a range of steel solutions.
Subscription Status
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 19.95x | 16.80x | 0.00x |
| NII | 0.65x | 0.18x | 0.18x |
| Retail | 0.58x | 0.03x | 0.01x |
| Total | 1.54x | 0.89x | 0.06x |
Risk Factors
Promoters & Management
Mr. Suresh Kumar Sharma is the Promoter and Chairman of the Company. He has 20 years of experience in the steel industry. He is responsible for ensuring business efficiency through optimal organization and utilization of financial and human resources, developing long-term business plans to support the company's vision and values, and fostering strong community-business relations through effective communication and engagement. Mr. Manoj Upadhyay is the Promoter, Managing Director, and CFO of the Company. He has a master's degree in business administration from the University of East London. He is responsible for developing better business techniques and practices, organizing company activities, delegating tasks to appropriate managers, and keeping the company aligned with the latest business trends. Mrs. Nidhi Upadhyay is the promoter of the company and was appointed as a Non-Executive Director on November 12, 2024. She holds a Bachelor of Arts (Honours) degree from Banasthali Vidyapith College since 2001. Mr. Gyan Prakash Tongia has been appointed as an Independent Director of the company, effective from November 12, 2024. He is a Chartered Accountant and has held this qualification since May 1971. Mr. Mangal Morwal has been appointed as an Independent Director of the company, effective from November 25, 2024. He is a highly experienced professional in Banking and Corporate Finance, with nearly 35 years of progressive leadership at the State Bank of India (SBI).