Mittal Sections IPO Allotment Status

Mittal Sections IPO comprises a fresh issue of 0.37 crore shares, raising ₹52.91 crore. The issue opened on October 7, 2025, and closed on October 9, 2025, with allotment expected on October 10, 2025, and a tentative listing on BSE SME on October 14, 2025. The price band is ₹136–₹143 per share. 

Retail investors could apply for a minimum of 1,000 shares (₹2,86,000 at the upper band), while HNIs had to subscribe to at least 3 lots (3,000 shares, ₹4,29,000). Wealth Mine Networks Private Limited is the book running lead manager, Bigshare Services Private Limited is the registrar, and Sunflower Broking Private Limited acts as market maker. 

By October 9, 2025, the IPO was subscribed 2.25 times overall, with 4.07x in retail, 1.13x in QIBs, and 0.55x in NIIs. (Time: 4:34:51 PM IST)

How to Check Mittal Sections IPO Allotment Status Online on BSE?

• Go to the application status page
• Select "Equity and SME IPO bids"
• Choose "Mittal Sections" from the Issue Name dropdown
• Provide your Application Number or PAN
• Click on Submit

How to Check Mittal Sections IPO Allotment Status Online on the Registrar’s Website?

• Go to the registrar’s official website
• Select "Mittal Sections" from the company list
• Enter your Client ID, Application Number, or PAN
• Click on Submit

Mittal Sections IPO Details

Mittal Sections IPO comprises a fresh issue of 0.37 crore shares, raising ₹52.91 crore, with a price band of ₹136–₹143 per share. The issue opened on October 7, 2025, and closed on October 9, 2025, with allotment expected on October 10 and tentative listing on BSE SME on October 14. 

The IPO includes 1.85 lakh shares for QIBs (subscribed 1.13x), 16.65 lakh shares for NIIs (subscribed 0.55x), and 16.65 lakh shares for retail investors (subscribed 4.08x). Total shares offered were 35.15 lakh, while bids received amounted to 79.26 lakh, taking overall subscription to 2.25 times.

Allocation Quota for Mittal Sections

The table below breaks down the Mittal Sections share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.

Data Source: BSE

Mittal Sections IPO – Overall Subscription Status

Note: The subscription details is as of October 9, 2025, at 4:34 PM

Mittal Sections Business Overview

Mittal Sections Ltd., incorporated in 2009, specialises in manufacturing basic iron and steel products, including MS flat bars, round bars, angles, and channels under the brand “MSL-MITTAL.” 

The company’s products are designed to meet strict industry standards for construction, automotive, and engineering applications. Mittal Sections operates two manufacturing plants in Changodar, Ahmedabad, Gujarat, with an installed capacity of 36,000 MTPA, and has plans to expand this capacity to 96,000 MTPA. 

Its product range includes MS Angles, MS Flats, MS Round Bars, and MS Channels, all aimed at providing durability, structural stability, and easy fabrication for various industrial uses. As of February 28, 2025, the company employed 63 permanent staff.

Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
 

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