Mittal Sections IPO Subscription Status
Mittal Sections IPO subscribed over 1.25x on its First day till 05.00 PM on 7th August 2025.
- Mittal Sections IPO subscription QIB investors’ portion is 0.75x times, while NII subscribed 0.35x times, and RII investors subscribed 0x times.
- The company has received bids for 44,03,000 shares against 35,15,000 shares on offer on the First day.Ā
- Mittal Sections IPO subscribed over 1.25x times on day 1.Ā
About Mittal Sections IPO
Mittal Sections Limited is one of the leading companies in terms of manufacturing basic iron and steel products. Moreover, the company has company manufactures mild steel items like flat bars, round bars, angles, and channels.
These products are strong, high-quality, and used in many construction and industrial projects. Further, the company has two factories in Changodar, Ahmedabad, Gujarat, with a production capacity of 36,000 MTPA. It plans to expand and increase this capacity to 96,000 MTPA.
The company has good strengths, a well-developed manufacturing setup, good consumers, and a well-understanding team. The promoters and the management team have good experience.
Mittal Sections IPO Company Financial Report
The company reported revenue of ā¹137.07 crores in 2025 against ā¹161.65 crores in 2024. The company reported a profit of ā¹3.61 crores in 2025 against a profit of ā¹1.89 crores in 2024.
Mittal Sections IPO GMP
Mittal Sections IPO GMP was ā¹2 as of Tuesday, 7th August. That indicates the IPO is trading at ā¹145 with a ā¹2 premium in the grey market against the issue price of ā¹143.
