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Back Office| Mittal Sections Ltd |
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| Registered Office: No.01 Sona Roopa Apartment Opp, Lal Bunglow C.G.Rd Navrangpura, Ahmedabad - 380009, Gujarat |
| Phone: 1 |
| Email: 1 |
| Website: 1 |
| Initial public issue of 37,00,000 equity shares of face value of Rs. 10/- each of Mittal Sections Limited ("M S L" or the "Company" or the "Issuer") for cash at a price of Rs. 143.00/- per equity share including a share premium of Rs. 133/- per equity share (the "Issue Price") aggregating to Rs. 52.91 crores ("the Issue"), of which 1,85,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 143.00/- per equity share including a share premium of Rs. 133.00/- per equity share aggregating to Rs. 2.65 Crores 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 of 35,15,000 equity shares of face value of Rs. 10/- each at a price of Rs. 143.00/-per equity share including a share premium of Rs. 133.00/- per equity share aggregating to Rs. 50.26 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 31.99%, and 30.39 %, respectively, of the 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 13.60 times times the face value and cap price is 14.30 times 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 | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 07-Oct-2025 | 09-Oct-2025 | 143.00 - 0.00 | 0.00 - 0.00 |
| Cr. | Lead Managers to the Issue |
|---|---|
| Project Cost | 0.00 |
| Project Financed through Current Offer | 52.91 |
| Post Issue Equity Share Capital | 11.58 |
| Issue Price | 143.00 |
| Projects |
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| 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 |
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| Ajaykumar Balwantrai Mittal |
| Atul Balwantrai Mittal |
| Well Plan Tradelink Pvt Ltd |
| BSE - SME |
| Registrar to the Issue |
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| Bigshare Services Pvt Ltd |