Mittal Sections IPO Subscription Status
Mittal Sections IPO subscribed over 1.68x on its Second day till 05.00 PM on 8th August 2025.
- Mittal Sections IPO subscription QIB investors’ portion is 0.75x times, while NII subscribed 0.36x times, and RII investors subscribed 3.09x times.
- The company has received bids for 58,96,000 shares against 35,15,000 shares on offer on the Second day.
- Mittal Sections IPO subscribed over 1.68x times on day 2.
- Mittal Sections IPO subscribed over 1.25x times on day 1.
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 ₹137.07 crores in 2025 against ₹161.65 crores in 2024. The company reported a profit of ₹3.61 crores in 2025 against a profit of ₹1.89 crores in 2024.
Mittal Sections IPO GMP
Mittal Sections IPO GMP was ₹0 as of Wednesday, 8th August. That indicates the IPO is trading at ₹143 with a ₹0 premium in the grey market against the issue price of ₹143.
