31 Mar 2023
Assets33.37
Total Income167.53
EBITDA3.27
Profit After Tax0.56
NET Worth4.84
Reserves and Surplus2.21
Total Borrowing20.39
At a glance
Updated 2026-08-24Mittal Sections is a SME IPO with an issue size of ₹52.91 crore, proposed for listing on BSE SME. The offer opens on 7th Oct 2025 and closes on 9th Oct 2025. The issue structure includes a fresh issue of ₹50.26 crore.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹52.91 Cr
Fresh issue₹50.26 Cr
Face value₹10
Price band₹136.00–₹143.00
Allotment10th Oct 2025
Listing14th Oct 2025
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper price0.00%
Est. listing₹143.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens7th Oct 2025
Closes9th Oct 2025
Allotment10th Oct 2025
Refund13th Oct 2025
Demat13th Oct 2025
Listing14th Oct 2025
Subscription demand
Full bidding ↗Total2.25×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | ₹286,000 |
Company
Incorporated2009
Use of proceeds
| Object | Amount |
|---|---|
| To Capital expenditure towards Acquisition of Land, Construction of Factory Building and Purchase of Plant & Machineries | ₹20.82 Cr |
| To meet working capital requirements | ₹15.00 Cr |
| Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company | ₹5.00 Cr |
| General Corporate Purposes | ₹2.06 Cr |
| Issue Expenses | ₹10.03 Cr |
| Total | ₹52.91 Cr |
Financials
Full financials ↗31 Mar 2024
Assets29.04
Total Income161.65
EBITDA5.53
Profit After Tax1.89
NET Worth6.73
Reserves and Surplus4.11
Total Borrowing15.00
31 Mar 2025
Assets45.42
Total Income137.07
EBITDA7.79
Profit After Tax3.61
NET Worth10.34
Reserves and Surplus2.47
Total Borrowing21.09
31 May 2025
Assets50.48
Total Income28.17
EBITDA2.48
Profit After Tax1.47
NET Worth11.81
Reserves and Surplus3.94
Total Borrowing20.70
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 34.92% |
| ROCE | 31.27% |
| Debt / Equity | 2.04% |
| RoNW | 34.92% |
| PAT Margin | 2.64% |
| EBITDA Margin | 5.69% |
| Price to Book Value | 10.87 |
Valuation & shareholding
Pre-IPO EPS4.59
Post-IPO EPS7.61
Pre-IPO P/E31.15
Post-IPO P/E18.79
Promoter holding pre99.92%
Promoter holding post67.95%
Market cap₹165.42 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| To Capital expenditure towards Acquisition of Land, Construction of Factory Building and Purchase of Plant & Machineries | ₹20.82 Cr |
| To meet working capital requirements | ₹15.00 Cr |
| Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company | ₹5.00 Cr |
| General Corporate Purposes | ₹2.06 Cr |
| Issue Expenses | ₹10.03 Cr |
| Total | ₹52.91 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Location
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.