The bidding window for the Mittal Sections SME IPO was open from October 7, 2025, to October 9, 2025. The basis of allotment will be finalised today, October 10, 2025. Here’s how you can check the IPO allotment status.
Mittal Sections IPO is a book-building issue of ₹52.91 crores, consisting entirely of a fresh issue of 0.37 crore shares. The price band is set at ₹136 to ₹143 per share. The tentative listing on BSE SME is October 14, 2025.
Wealth Mine Networks Pvt. Ltd. is the book-running lead manager, and Bigshare Services Pvt. Ltd. is the registrar for the issue.
The net proceeds from the fresh issue will be used to
(October 9, 2025, end of the day)
Category |
Subscription (times) |
Qualified Institutional Investors (QIBs) |
1.13 |
Non-Institutional Investors |
0.55 |
Individual Investors (IND category bidding for 2 Lots) |
4.08 |
Total |
2.25 |
Mittal Sections manufactures an extensive range of mild steel sections and structural steel products. Their product portfolio comprises MS Flat Bars, MS Round Bars, MS Angles, and Channels, which are used in construction, infrastructure development, manufacturing, automotive, and general engineering.
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