Mittal Sections Ltd. has announced its much-awaited IPO worth ₹52.91 crore, structured as a book build issue. This IPO is entirely a fresh issue, with the company issuing 0.37 crore shares to raise funds for business expansion and operational growth. Investors are now presented with an opportunity to participate in a high-potential steel sector company listed on BSE SME.

Mittal Sections IPO Key Details

The Mittal Sections IPO will open for subscription on October 7, 2025, and close on October 9, 2025. The allotment of shares is expected to be finalized on October 10, 2025, with a tentative listing on BSE SME on October 14, 2025.

The price band has been fixed at ₹136 to ₹143 per share, giving investors a clear range to plan their investment. The lot size for retail investors is 1,000 shares, making the minimum investment for retail investors ₹2,86,000 based on the upper price band. High net worth individuals (HNI) have a minimum lot requirement of 3 lots, totaling 3,000 shares and an investment of ₹4,29,000.

Investors should note these key dates and lot sizes to ensure timely participation in the IPO.

Structure and Management of IPO

The Mittal Sections IPO is a fresh issue, meaning all funds raised will go directly to the company for expansion, debt repayment, and operational projects. This ensures that investors’ money is utilized for growth initiatives rather than shareholder exits.

Wealth Mine Networks Pvt.Ltd. has been appointed as the book running lead manager, responsible for managing subscriptions, coordinating with investors, and regulatory compliance. Bigshare Services Pvt.Ltd. is the registrar of the issue, handling allotment, record maintenance, and investor communications. This setup ensures a transparent and smooth IPO process for all participants.

Investor Participation Rules

The IPO is accessible to both retail and institutional investors. Retail investors can apply for minimum one lot of 1,000 shares, while HNIs have a minimum requirement of 3 lots. Investors must ensure timely applications within the subscription window from October 7 to 9, 2025.

It is important for investors to review the company’s financials, business prospects, and sector outlook before applying. Mittal Sections Ltd. operates in the steel and metal sector, which has shown consistent growth and demand in the infrastructure and construction industries.

Timeline of Mittal Sections IPO

• IPO Open Date: October 7, 2025

• IPO Close Date: October 9, 2025

• Allotment Date: October 10, 2025

• Tentative Listing Date: October 14, 2025

Investors should take note of the subscription, allotment, and listing dates to ensure proper planning of funds and avoid missing the investment opportunity.

Conclusion

The Mittal Sections Ltd. IPO offers investors a fresh issue opportunity of ₹52.91 crore with a price band of ₹136–143 per share. With Wealth Mine Networks Pvt.Ltd. as lead manager and Bigshare Services Pvt.Ltd. as registrar, the IPO process is expected to be smooth and transparent.

Opening from October 7 to 9, 2025, with allotment on October 10, 2025, and tentative listing on October 14, 2025, the IPO is a chance for investors to participate in a high-growth steel sector company listed on BSE SME.

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