Registered Office:
No.01 Sona Roopa Apartment Opp,Lal Bunglow C.G.Rd Navrangpura,
Ahmedabad -
380009,
Gujarat, India.
Phone : +91 79264 05484 Fax:
Email : info@mittalsections.com
Website : www.mittalsectionslimited.com
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| Initial public issue of 37,00,000 equity shares of face value of (Rs) 10/- each of Mittal Sections Limited ("M S L" or the "Company" or the "Issuer") for cash at a price of (Rs) 143.00/- per equity share including a share premium of (Rs) 133/- per equity share (the "Issue Price") aggregating to (Rs) 52.91 crores ("the Issue"), of which 1,85,000 equity shares of face value of (Rs) 10/- each for cash at a price of (Rs) 143.00/- per equity share including a share premium of (Rs) 133.00/- per equity share aggregating to (Rs) 2.65 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 35,15,000 equity shares of face value of (Rs) 10/- each at a price of (Rs) 143.00/-per equity share including a share premium of (Rs) 133.00/- per equity share aggregating to (Rs) 50.26 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 31.99%, and 30.39 %, respectively, of the post issue paid up equity share capital of the company.
Price Band: (Rs) 136/- to (Rs) 143/- for equity share of face value of (Rs) 10 each.
The floor price is 13.60 times times the face value and cap price is 14.30 times of the face value of the equity shares.
Bids can made for a minimum of 2,000 equity shares and in multiples of 1,000 equity shares thereafter. |
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| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 07-Oct-25 |
09-Oct-25 |
143.00-0.00 |
0.00-0.00 |
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Minimum Application for shares in Nos :
2000
Further Multiples of :
1000
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|
| |
(Rs.Cr) |
Lead Managers to the Issue |
| Project Cost |
0.00 |
Wealth Mine Networks Pvt Ltd
|
| Project Financed through Current Offer |
52.91 |
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| Post Issue Equity Share Capital |
11.58 |
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| Issue Price |
143.00 |
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