Mittal Sections IPO Allotment Status: Check Share Allocation on BSE and Bigshare

Ahmedabad, October 10, 2025: The allotment status for the Mittal Sections Limited Initial Public Offering has been declared. Investors who applied for the ₹52.91-crore issue can now view their IPO allotment status online on the Bombay Stock Exchange website or the registrar’s website, Bigshare Services Pvt Ltd.

The SME IPO, open from October 7 to October 9, 2025, received a strong investor response, with an overall subscription of 2.19 times, driven by heavy retail investor bidding over four times their quota. The shares are to list on the BSE SME platform on October 14, 2025.

Mittal Sections Limited (CIN: U27109GJ2009PLC056527), an Ahmedabad-headquartered company, produces mild and structural steel products, including MS flat bars, round bars, angles, and channels under its “MSL-Mittal” brand.

The firm has two ISO 9001:2015 and BIS IS 2062:2011 certified plants at Changodar, Ahmedabad, with an installed capacity of 36,000 MTPA at present, expanded to 96,000 MTPA by FY2026. The products mainly serve the construction, infrastructure, and engineering industries. Ajaykumar Balwantrai Mittal and Atul Balwantrai Mittal, the promoters, have more than two decades of experience in the steel and structure manufacturing business.

How to Check Mittal Sections IPO Allotment Status on BSE

Investors can verify whether they have been allotted shares through the BSE’s IPO allotment page by following these steps:

• Visit: https://www.bseindia.com/investors/appli_check.aspx
• Select ‘Equity’ under Issue Type.
• Select ‘MITTAL SECTIONS LIMITED’ from the dropdown menu.
• Enter Application Number or PAN.
• Click the I am not a robot verification and click Search.

The result will show the number of shares allotted to you, or “No Allotment.”

How to Check Mittal Sections IPO Allotment Status on Bigshare (Registrar’s Website)

You can also check your status on the IPO registrar’s official website by following these steps:

• Go to: https://ipo.bigshareonline.com/ipo_status.html
• Select ‘Mittal Sections Limited’ from the dropdown menu.
• Enter one of the following:
  • Application Number, or
  • DP/Client ID, or
  • PAN.
• Click on ‘Search’ to view your allotment details.

If shares are allotted, the number of shares credited will appear; if not, a “No Allotment” message will appear.

Mittal Sections IPO Subscription Recap (Final Day – October 9, 2025, 6:59 PM)

Mittal Sections Limited’s SME IPO was well received by investors, with the issue being subscribed 2.19 times in aggregate. The IPO attracted a total of 81.11 lakh bids against 37 lakh shares on offer, reflecting strong interest, particularly from retail participants. The retail individual investors’ category was subscribed 4.08 times, followed by the qualified institutional buyers and non-institutional investors, who subscribed 1.13 times and 0.60 times, respectively. Overall, the IPO received 3,603 applications, with retail investors accounting for nearly 84% of bids, indicating strong confidence among small and individual investors in the firm’s prospects.

Mittal Sections IPO Lead Managers & Registrar

The Issue is being handled by Wealth Mine Networks Limited as the Book Running Lead Manager (BRLM), and Bigshare Services Private Limited as the Registrar to the Issue. Sunflower Broking Private Limited has been appointed as the Market Maker to the Issue, and the shares of the company are to be listed on the BSE SME platform.

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