M P K Steels IPO was subscribed overall 1.54 times on the last day. QIB was subscribed 19.95 times, while the retail quota was subscribed 0.58 times, and the NII quota was subscribed 0.65 times, respectively.
Details About M P K Steels
M P K Steels got approval from SEBI for an IPO of ₹25.74 crores via IPO that comprises a fresh issue of ₹25.74 crores with a face value of ₹10 each.
The company has set up a price band between ₹75 to ₹79 per share.
In this IPO, a total of 3,000 shares were available in 2 lot sizes for the minimum Retail category, and for the maximum retail category 3200 shares in 1 lot size, while S-HNI (Min) total of 4,500 shares in 3 lot size.
Maximum and Minimum retailer investors has to pay ₹2,37,000.
S-HNI categories have to pay ₹3,55,500.
Subscription duration of M P K Steels
M P K Steels IPO was opened for subscription on September 26, 2025, and was closed for subscription on September 30, 2025. The Allotment status of M P K Steels was finalized on October 1, 2025, whereas the IPO listing is to be announced on October 6, 2025.
Funds Deployment of This Company
The company plans to use the money raised from the new shares for the following purposes:
- The proceed raised from the fresh issue will be used towards the purchase of Machinery and Dies.
- Some funds will be used towards installation of Solar Plant.
- Lastly, the remaining funds will be utilized for the company’s general corporate purposes.
About the M P K Steels IPO
M P K Steels was founded in 2005, and it has started a work of manufacturing of general-purpose structural steel products, specializing in providing high-quality solutions for a wide range of industries such as Railways, Telecom Industries, State Electricity Boards, Power & Energy Industries, Automotive Industry, Offshore Structures, Construction Industries, Fabrication Industries, Auto Body Builders, Infrastructural Development Authorities.
Furthermore, the company specializes in manufacturing and trading a wide range of structural steel products, such as M.S. Channel, M.S. Joist/Beam, M.S. Angle, M.S. Square Bar, M.S. Round Bar, and M.S. Flat. Moreover, the company has skilled and experienced promoters who have major contributions to business growth.
Now the company is launching an IPO with the aim of growing its business, wherein they want ot make a strong position in business, boost revenue by offering more products, and reach more people.
M P K Steels IPO Company Financial Report
The company reported revenue of ₹208.03 crores in 2025 against ₹189.17 crores in 2024. The company reported profit of ₹6.05 crores in 2025 against profit of ₹3.11 crores in 2024.
