MP Steel (India) Ltd.
NSE & BSETBA
TBA
1 Shares
TBA
₹10
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 4,134.14 | 3,254.44 | |
| 3.62 | 21.67 | |
| 4,137.76 | 3,276.11 | |
| 3,815.39 | 3,078.12 | |
| 211.65 | 92.85 | |
| 158.11 | 66.13 |
Subscription Details
IPO Timeline
IPO Offer Start
TBA
IPO Offer Ends
TBA
TBA
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Funding capital expenditure requirement for setting up of a manufacturing unit of Billets | 273.52 |
| 2 | Funding the part incremental working capital requirements of our Company | 550 |
Promoters
Book Running Lead Managers
IPO Registrar
KFIN Technologies Ltd.
About the Company
We are engaged in the business of manufacturing of stainless-steel products comprising of (i) black stainless-steelproducts, including round bars, hexagonal bars, square bars, angle bars, flat bars/ pattis, forging ingots and otherancillary products (“Black Stainless Steel Products”), and (ii) bright stainless-steel products, including roundbars, hexagonal bars, square bars, angle bars, flat bars/ pattis, channels, fasteners and other ancillary products(“Bright Stainless Steel Products”). We primarily offer our products in grades 17.4PH, 304, 316, and other gradesin the 200, 300, and 400 series of stainless steel.
Use of Proceeds
a) Funding capital expenditure requirement for setting up of a manufacturing unit of Billets as part of planned backward integration of the Company;b) Funding the part incremental working capital requirements of our Company; andc) General corporate purposes.
MP Steel (India) Ltd. Latest News
IPO FAQs
The for the MP Steel (India) Ltd. IPO is 1 shares, which is also the minimum order quantity — you have to apply for at least 1 shares, and in multiples of 1 beyond that.
KFIN Technologies Ltd. is the for the MP Steel (India) Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.
MP Steel (India) Ltd. IPO shares are proposed to be listed on BSE and NSE.
Each MP Steel (India) Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
a) Funding capital expenditure requirement for setting up of a manufacturing unit of Billets as part of planned backward integration of the Company;b) Funding the part incremental working capital requirements of our Company; andc) General corporate purposes.
Monarch Networth Capital Ltd. is the book running lead manager for the MP Steel (India) Ltd. IPO.
Pre-apply means placing your MP Steel (India) Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the MP Steel (India) Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the MP Steel (India) Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.