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IPO Synopsis

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IPO

Mittal Sections Ltd
Initial public issue of 37,00,000 equity shares of face value of Rs. 10/- each of Mittal Sections Limited ("MSL" or the "Company" or the "Issuer") for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share (the "Issue Price") aggregating to Rs. [*] crores ("the Issue"), of which [*] equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. 185,000 lakhs will be reserved for subscription by market maker to the issue (the "Market maker reservation portion"). The issue less the market maker reservation portion i.e., net issue f 35,15,000 equity shares of face value of Rs. 10/- each at a price of Rs. [*]/-per equity share including a share premium of Rs. [*]/- per equity shareaggregating to Rs. [*] crores is herein after referred to as the "net issue". Theissue and the net issue will constitute 31.99%, and 30.39 %, respectively, ofthe post issue paid up equity share capital of the company. Price Band: Rs. 136/- to Rs. 143 for equity share of face value of Rs. 10 each. The floor price is 13.6 times times the face value and cap price is 14.3 of the face value of the equity shares. Bids can made for a minimum of 2,000 equity shares and in multiples of 1,000 equity shares thereafter.
Issue
Opens On Closes On
07-Oct-25 09-Oct-25
Money Payable On
Application Allotment
136.00 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 1000
Cr Lead Managers to the Issue
Project Cost (.Cr) 0.00 Wealth Mine Networks Pvt Ltd
Project Financed through Current Offer (.Cr) 50.32  
Post Issue Equity Share Capital (.Cr) 11.58
Issue Price () 136.00
Projects
To Capital expenditure towards acquisition of land, construction of factory building and purchase of plant and machineries
To meet working capital requirements
Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the company
General corporate purposes
Promoted By
Ajaykumar Balwantrai Mittal
Atul Balwantrai Mittal
Well Plan Tradelink Pvt Ltd
Listing At
BSE - SME
Registrar to the Issue
No Data Available