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Mittal Sections Ltd.
Issue Open Date 07-Oct-25  
Issue Closing Date 09-Oct-25  
Application Money 100  
Allotment Money  
Price Band 136 - 143  
Minimium Application No. 2000  
Issue Size (Shares) 3700000  
Market Lot 1  
Objective
We intend to utilize the proceeds of the issue to meet the following objects:1. To Capital expenditure towards Acquisition of Land, Construction of Factory Building and Purchase of Plant & Machineries;2. To meet Working Capital requirements;3. Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by our Company; and4. General Corporate Purpose, Subject to applicable laws
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   1850000   1104000   0.596756756756757  
Qualified Institutional Buyers   185000   209000   1.12972972972973  
Retail Individual Investors   185000   209000   1.12972972972973  
Business Description
Our Company is a leading manufacturer of an extensive range of Mild Steel sections and structural steel products,including MS Flat Bars, MS Round Bars, MS Angles, and Channels. These products are produced in compliance withvarious BIS standards, primarily IS 2
Promoter's Holding
Total Share Capital   7861500  
Offered to Public   3700000  
Promoter's Holding (Pre-Issue)   99.92  
Promoter's Holding (Post-Issue)   67.96  
More
Address
01
Sona Roopa Apartment
Opp. Lal Bunglow C. G. Road
Navrangpura
Ahmedabad ,
Gujarat ,
380009
Phone : 079 26465484
Email : info@mittalsections.com
Website : www.mittalsectionslimited.com
Registrar
Bigshare Services Pvt Ltd
A/802
Samudra Comple
Near Klassic Gold
Girish Gold Drink
CG Road
Ahmedabad
Listed at
BSE
Lead Manager
Wealth Mine Networks Pvt Ltd.
Promoters
Ajaykumar Balwantrai Mittal
Atul Balwantrai Mittal
Well Plan Tradelink Pvt Ltd.
 

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