Mittal Sections IPO Allotment Status, Subscription Details & GMP

IPO / Subscription Overview

ParameterDetails
IPO TypeFresh Issue
Issue Size₹52.91 crore
Price Band₹136 – ₹143 per share
Lot Size1,000 shares per lot
Subscription Period7 Oct 2025 – 9 Oct 2025
Allotment Date10 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.)

  1. Visit https://www.bigshareonline.com
  2. Select “Mittal Sections Limited IPO” from the dropdown.
  3. Enter PAN / Application Number / Demat ID.
  4. Fill Captcha and Submit.
  5. Your allotment result will be displayed.

b. BSE Website

  1. Go to the BSE IPO Allotment page.
  2. Select “Equity / SME IPO” and choose “Mittal Sections Limited”.
  3. Enter Application Number / PAN.
  4. Submit to view the result.

c. NSE Website

  1. Visit NSE’s IPO status page.
  2. Select “Mittal Sections Limited”.
  3. Enter PAN / Application Number.
  4. 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.