ListedSMEEngineering - ConstructionMITTALSTL

Mittal Sections IPO

Mittal Sections IPO is an SME IPO raising ₹52 Cr at ₹136 – ₹143 a share. It listed on 14 Oct 2025 at ₹114, −20.0% against its issue price of ₹143, and trades at ₹24 today (−83.2% since issue). It was subscribed 2.30× in total.

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₹143

Issue price

₹24

Price now

−83.2%

Since issue price

14 Oct 2025

Listed on

2.30×Subscribed (final) · all exchanges

2.3 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹136 – ₹143

Cut-off price₹143

Issue size₹52 Cr

Shares per lot1000

Minimum application₹1,43,000

Minimum quantity2000

Face value₹10

Listing exchangesBSE

ISININE833Q01012

Bidding hours10:00 – 17:00 IST

Bidding window7 Oct 2025 – 9 Oct 2025

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.