IPO / Subscription Overview
| Parameter | Details |
|---|---|
| IPO Type | Fresh Issue |
| Issue Size | ₹52.91 crore |
| Price Band | ₹136 – ₹143 per share |
| Lot Size | 1,000 shares per lot |
| Subscription Period | 7 Oct 2025 – 9 Oct 2025 |
| Allotment Date | 10 Oct 2025 (expected) |
| Listing Date (Expected) | 14 Oct 2025 (BSE SME) |
Subscription (times)
The IPO was subscribed ~2.19× overall by the end of the issue period.
- Retail Investors showed stronger participation compared to other categories.
GMP (Grey Market Premium)
- Current GMP: ₹2 per share
- Based on the upper price band (₹143) + ₹2 GMP, the expected listing price is approximately ₹145.
- Some reports indicate GMP may have touched ₹40 earlier during the issue period.
GMP is unofficial and purely indicative — actual listing price may vary.
How to Check IPO Allotment Status
You can check your Mittal Sections IPO allotment status online through multiple platforms:
a. Registrar’s Website (Bigshare Services Pvt. Ltd.)
- Visit https://www.bigshareonline.com
- Select “Mittal Sections Limited IPO” from the dropdown.
- Enter PAN / Application Number / Demat ID.
- Fill Captcha and Submit.
- Your allotment result will be displayed.
b. BSE Website
- Go to the BSE IPO Allotment page.
- Select “Equity / SME IPO” and choose “Mittal Sections Limited”.
- Enter Application Number / PAN.
- Submit to view the result.
c. NSE Website
- Visit NSE’s IPO status page.
- Select “Mittal Sections Limited”.
- Enter PAN / Application Number.
- Submit to view allotment status.
d. Through Broker / Demat Account
After allotment is finalized, your trading platform or demat account will reflect the shares if allotted. If not allotted, the blocked amount will be released automatically.
Refund & Credit Dates
- Refund initiation: 13 Oct 2025
- Demat credit: 13 Oct 2025
- Listing: 14 Oct 2025 (BSE SME)
Key Takeaways
- With a 2.19× subscription, allotment chances are moderate, especially in the retail category.
- The GMP is relatively low compared to larger mainboard IPOs, indicating modest listing expectations.
- If you don’t get an allotment, your application funds will be automatically unblocked/refunded.
