MTE Structures IPO Details

SME BSE

MTE Structures IPO Summary

MTE Structures Logo | MTE Structures IPO Details, Date, Price, GMP, Live Subscription

MTE Structures IPO DRHP (Draft Red Herring Prospectus) has been Exchange Approval Received.

MTE Structures IPO total issue size comprises 43,60,000 shares (aggregating up to ₹0.00 Cr.). This includes a fresh issue of 37,06,000 shares (aggregating up to ₹0.00 Cr.). Offer for Sale consists of 6,54,000 shares (aggregating up to ₹0.00 Cr.).

MTE Structures IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

The Lead Managers for MTE Structures IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is GYR Capital Advisors Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the MTE Structures Limited DRHP.

MTE Structures IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0 Shares
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Pre-issue Shareholding
-
Post-issue Shareholding
-
Total Issue Size
43,60,000 shares(aggregating up to ₹0.00 Cr.)
Fresh Issue
37,06,000 shares(aggregating up to ₹0.00 Cr.)
Offer for Sale
6,54,000 shares(aggregating up to ₹0.00 Cr.)
DRHP Status
Exchange Approval Received

MTE Structures IPO Lot Size

ApplicationLotsSharesAmount
To be announced

MTE Structures IPO Reservation

Promoter Holding

Pre Issue:
-
Post Issue:
-

MTE Structures IPO Valuations

ROE86.80%
ROCE41.10%
DEBT/EQUITY1.00
RONW60.52%
PAT MARGIN6.93%

MTE Structures Financial Information

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets85.7472.8533.7720.26
Total Income47.99194.51121.0167.23
Profit After Tax4.0013.434.862.24
EBITDA5.7618.817.003.38
NET Worth26.1922.198.763.90
Reserves and Surplus13.299.298.613.75
Total Borrowing32.8422.1614.569.44
Amount in ₹ Crore

About MTE Structures IPO

Incorporated in October 2020, MTE Structures Ltd. manufactures specialised solar panel mounting structures and offers solar mounting solutions, producing roof and ground-mounted systems. With extensive experience, it provides advanced solutions for commercial and utility-scale projects.

The company exclusively manufactures solar-mounted structures, focusing all resources and expertise on the growing solar industry. This positions us as a dedicated player benefiting from the sector’s growth and policy support for renewable energy.

The company's product portfolio includes Roof Systems and Ground Mounted Systems, built to withstand extreme weather like heavy snow, ice, high winds, sandstorms, and seismic activity, ensuring long-term durability. These serve as foundation systems for various solar projects by EPC contractors. Based on site and design needs, they are adapted into six practical applications — Flat Roof, Pitched Roof, Non-Penetrative Roof, Fixed Tilt, Seasonal Tilt, and Agrovoltic structures — which are variants rather than separate products.

As of September 2025, the company employed 116 staff members in various departments.

Strength Of MTE Structures IPO

To be announced

Risk Of MTE Structures IPO

To be announced

Objectives MTE Structures IPO

1. Funding working capital requirements of the company

2. General corporate purposes

Company Contact Details

MTE Structures Ltd.
Plot No. 1063,
Canal Road, Manjusa
Savli
Vadodara, Gujarat, 391775
Phone: +91-635486931
Email: cs@mtegroup.in
Website: https://mtegroup.in/

Registrar Contact Details

Name:
MUFG Intime India Pvt Ltd
Phone:
+91-22-4918 6270

MTE Structures FAQs

The MTE Structures IPO is a SME public issue comprising 4360000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹0.00 Cr.. The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The MTE Structures IPO opens on TBA.

MTE Structures IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the MTE Structures IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the MTE Structures IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the MTE Structures IPO allotment status for updates.

The listing date for the MTE Structures IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

MTE Structures IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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