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Issue Open Date
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07-Oct-25
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Issue Closing Date
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09-Oct-25
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Application Money
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100
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Allotment Money
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Price Band
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136
-
143
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Minimium Application No.
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2000
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Issue Size (Shares)
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3700000
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Market Lot
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1
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Objective
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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
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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1850000
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1104000
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0.596756756756757
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Qualified Institutional Buyers
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185000
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209000
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1.12972972972973
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Retail Individual Investors
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1665000
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6798000
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4.08288288288288
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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 2062:2011, ensuring consistent quality and high performance across allapplications.We manufacture products in different grades, such as E250A offering versatility to meet the diverse needs of ourclients across multiple industries. The sizes we provide cover a wide spectrum, allowing for customized solutions inboth small-scale and large-scale construction and industrial projects
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Promoter's Holding
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Total Share Capital
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7861500
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Offered to Public
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3700000
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Promoter's Holding (Pre-Issue)
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99.92
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Promoter's Holding (Post-Issue)
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67.96
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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
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Registrar |
Bigshare Services Pvt Ltd
A/802
Samudra Comple
Near Klassic Gold
Girish Gold Drink
CG Road
Ahmedabad
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Listed at |
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BSE
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Lead Manager |
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Wealth Mine Networks Pvt Ltd.
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Promoters |
Ajaykumar Balwantrai Mittal
Atul Balwantrai Mittal
Well Plan Tradelink Pvt Ltd.
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