Mittal Sections Limited - IPO
SMEMittal Sections IPO Details
Mittal Sections IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Mittal Sections IPO Reservation
Promoter Holding
Documents
Mittal Sections IPO Valuations
Mittal Sections Limited Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 35.11 | 29.04 | 33.37 | 32.3 |
| Revenue | 68.97 | 161.65 | 167.53 | 149.35 |
| Profit After Tax | 2.41 | 1.89 | 0.56 | 0.6 |
| Net Worth | 9.14 | 6.73 | 4.84 | 4.28 |
| Reserves and Surplus | 6.52 | 4.11 | 2.21 | 1.66 |
| Total Borrowing | 12.99 | 15 | 20.39 | 13.54 |
| Amount in ₹ Crore | ||||
About Mittal Sections IPO
Incorporated in 2009, Mittal Sections Limited is engaged in the manufacturing of basic iron and steel products.
The company is a manufacturer of mild steel sections and structural steel products, including MS flat bars, round bars, angles, and channels, offering a wide range of high-quality solutions.
The company markets its products under the brand name “MSL-MITTAL,” known for quality, durability, and industry standards, ensuring reliable steel products that meet strict specifications for client projects.
The company operates two manufacturing plants in Changodar, Ahmedabad, Gujarat, with an installed capacity of 36,000 MTPA. Expansion plans aim to increase capacity to 96,000 MTPA.
Products:
- MS Angle: L-shaped mild steel components for strong, stable, and corrosion-resistant load-bearing applications.
- MS Flats: Rectangular steel for construction, automotive, and engineering, offering durability and easy fabrication.
- MS Round Bar: Cylindrical steel known for ductility, strength, and easy fabrication in construction and manufacturing.
- MS Channel: C-shaped steel providing excellent load distribution, structural stability, and easy weldability for heavy use.
As of February 28, 2025, the company has 63 permanent employees.
Strength Of Mittal Sections IPO
Risk Of Mittal Sections IPO
Objectives Mittal Sections IPO
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 the Company
4. General Corporate Purposes
Company Contact Details
Mittal Sections Limited
01, Sona Roopa Apartment,
Opp. Lal Bunglow, C.G. Road,
Navrangpura
Phone: +91-79-26465484
Email: info@mittalsections.com
Website: http://www.mittalsectionslimited.com/
Registrar Contact Details
Lead Mangers
Wealth Mine Networks Private Limited
Market Maker
To be announced