M P K Steels IPO
M P K Steels IPO
Overview
M P K Steels IPO is a book build issue of ₹25.74 crores. The issue is entirely a fresh issue of 0.33 crore shares of ₹25.74 crore. M P K Steels IPO opens for subscription on Sep 26, 2025 and closes on Sep 30, 2025. The allotment for the M P K Steels IPO is expected to be finalized on Oct 1, 2025. M P K Steels IPO will list on BSE SME with a tentative listing date fixed as Oct 6, 2025. M P K Steels IPO price band is set at ₹75.00 to ₹79.00 per share . The lot size for an application is 1,500. The minimum amount of investment required by an individual investor (retail) is ₹2,37,000.00 (3,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (4,500 shares), amounting to ₹3,55,500. Gretex Corporate Services Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The market maker of the company is Gretex Share Broking Pvt.Ltd..
Total Shares
32,58,000
Issue Size
₹25.74 Cr
Price Band
₹75 – ₹79
Lot Size
1500 shares
Min. Investment
₹2,37,000
Max. Investment
₹2,37,000
Open Date
26 Sep, 2025
Close Date
30 Sep, 2025
Allotment
01 Oct, 2025
Listing
06 Oct, 2025
Max. Investment
₹2,37,000
Announced
26 Sep, 2025
Opening Date
26 Sep, 2025
Closing Date
30 Sep, 2025
Basis of Allotment
01 Oct, 2025
Initiation of Refunds
03 Oct, 2025
Credit of Shares
03 Oct, 2025
Listing Date
06 Oct, 2025
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About M P K Steels IPO
Incorporated in 2005, M P K Steels (I) Limited is engaged in manufacturing of structural steel products.
The company manufactures general-purpose structural steel products for industries like railways, telecom, power, automotive, construction, fabrication, offshore structures, and infrastructure development, ensuring high-quality solutions.
The company manufactures and trades structural steel products like M.S. Channels, Beams, Angles, Squares, Rounds, and Flats, with M.S. Channel
M P K Steels IPO Share Price
Issue Breakdown
Shareholding
Dilution: 47.1% increase in shares
M P K Steels IPO Promoters Holding
M P K Steels IPO Financial Health
M P K Steels (I) Ltd.'s revenue increased by 10% and profit after tax (PAT) rose by 95% between the financial year ending with March 31, 2025 and March 31, 2024.
M P K Steels IPO Lot Size
Investors can bid for a minimum of 3,000 shares and in multiples of 1,500 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3000 | ₹2,37,000 |
| Individual investors (Retail) (Max) | 2 | 3000 | ₹2,37,000 |
| S-HNI (Min) | 3 | 4500 | ₹3,55,500 |
| S-HNI (Max) | 8 | 12000 | ₹9,48,000 |
| B-HNI (Min) | 9 | 13500 | ₹10,66,500 |
(All values in CR)
M P K Steels IPO Valuations
The market capitalization of M P K Steels IPO is ₹80.43 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROE | 28.55 |
| ROCE | 19.32 |
| Debt/Equity | 0.76 |
| RoNW | 24.98 |
| PAT Margin | 2.93 |
| EBITDA Margin | 4.21 |
| Price to Book Value | 2.26 |
(All values in CR)
M P K Steels IPO Strength & Risk
M P K Steels IPO Strength:
Dual plant operations at a single location enhancing operational efficiency and reducing logistical costs.
Extensive range of dies for diverse steel measurements allowing customization for varied customer specifications.
Strong brand with long-term client relationships ensuring repeat business.
Rigorous quality assurance and control maintaining high product reliability.
Commitment to sustainable and energy-efficient manufacturing practices.
M P K Steels IPO Risk:
Revenue heavily dependent on top customers, creating risk if any key client reduces purchases.
Reliance on a few suppliers for critical raw materials, exposing production to supply disruptions or price hikes.
Cyclical nature of the steel industry affecting performance due to fluctuating demand and raw material costs.
Negative operating cash flows in some periods affecting working capital and debt servicing.
High debt exposure increasing financial risk in adverse market conditions.
M P K Steels IPO Subscriptions Status
M P K Steels IPO subscribed 0.90 times. The public issue subscribed 0.05 times in the individual investors category, 16.80 times in QIB (Ex Anchor), and 0.18 times in the NII category by September 30, 2025 10:40:00 AM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| QIB (Ex Anchor) | 16.80 | 1,50,400 | 25,26,400 | 19.959 |
| Non-Institutional Buyers | 0.18 | 9,30,900 | 1,63,200 | 1.289 |
| bNII (bids above ₹10L) | 0.26 | 6,20,500 | 1,63,200 | 1.289 |
| sNII (bids below ₹10L) | 0.00 | 3,10,400 | 0 | NaN |
| Individual Investors (IND category bidding for 2 Lots) | 0.05 | 20,12,800 | 92,800 | 0.733 |
| Total | 0.90 | 30,94,100 | 27,82,400 | 21.981 |
M P K Steels IPO GMP
M P K Steels SME IPO last GMP is ₹0, last updated Sep 30th 2025 10:00 AM. With the price band of 79.00, M P K Steels SME IPO's estimated listing price is ₹79 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.
Last updated 30 Sep, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 30 Sep, 2025 | 79 | ₹0 | - | ₹79 (0.00%) | - | 30 Sep, 2025 |
| 29 Sep, 2025 | 79 | ₹0 | - | ₹79 (0.00%) | - | 29 Sep, 2025 |
| 28 Sep, 2025 | 79 | ₹0 | - | ₹79 (0.00%) | - | 28 Sep, 2025 |
| 27 Sep, 2025 | 79 | ₹0 | - | ₹79 (0.00%) | - | 27 Sep, 2025 |
| 26 Sep, 2025 | 79 | ₹0 | - | ₹79 (0.00%) | - | 26 Sep, 2025 |
| 25 Sep, 2025 | 79 | ₹0 | - | ₹79 (0.00%) | - | 25 Sep, 2025 |
| 24 Sep, 2025 | 79 | ₹0 | - | ₹79 (0.00%) | - | 24 Sep, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for M P K Steels IPO
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Go to IPO Section
Find M P K Steels IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Provide your UPI ID linked to your bank account and submit the application.
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Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.