M P K Steels IPO
Open SmeCurrent GMP
₹0 (0.00%)
Price Band
₹ 75 – 79
Lot Size
1500
Issue Size
₹25.74 Cr
Minimum Investment
₹237000 (3000 Shares)
Listing Date
06 October 2025
Subscription
1.6x
About the Company
M P K Steels (I) Limited
Incorporated in 2005, M P K Steels (I) Limited is engaged in the manufacturing and trading of structural steel products, catering to diverse industries such as railways, telecom, power, automotive, construction, fabrication, offshore structures, and infrastructure development. The company is committed to delivering high-quality, durable, and cost-effective steel solutions.
Products & Applications
The company specializes in general-purpose structural steel products, with M.S. Channels serving as the primary revenue driver and a key contributor to its growth. Its product portfolio includes:
- M.S. Channels – Widely used for industrial sheds, machinery structures, material handling systems, vehicle chassis, railway bridges, fencing, and other versatile applications.
- M.S. Angles – Essential for building frames, bridges, roof trusses, machinery, security barriers, vehicle frames, and railway infrastructure.
- M.S. Flats – Suitable for custom metalwork, welding, heavy-duty racks, furniture, gates, fencing, structural reinforcement, automotive parts, bridges, and architectural designs.
- M.S. Beams, Squares, and Rounds – Supporting multiple industries with robust applications in construction, fabrication, and infrastructure projects.
Infrastructure & Workforce
The company operates its manufacturing facility at A-195, RIICO Industrial Area, Jaipur, offering excellent market connectivity and logistical advantages. It employs a blend of skilled and unskilled staff, including engineers, technical experts, and professionals to ensure efficient operations and high-quality output.
Market Presence
M P K Steels (I) Limited has built a strong distribution network across key states in India, including Rajasthan, Punjab, West Bengal, Gujarat, Haryana, Uttar Pradesh, Assam, and Madhya Pradesh, ensuring reliable supply and service to its customers.
Promoters
- Mr. Manoj Upadhyay
- Mr. Suresh Kumar Sharma
- Mrs. Nidhi Upadhyay
- Mrs. Santosh Devi Sharma
- M/s. Suresh Kumar Sharma and Sons HUF
- M/s. Manoj Kumar Upadhyay HUF
Promoters Holding
Holding Pre Issue
97.82%
Holding Post Issue
0.00%
Objects of the Issue
The Company M P K Steels IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Capital Expenditure towards Purchase of Machinery and Dies
- Capital Expenditure towards Installation Of Solar Plants
- To Meet Working Capital Requirements
- General Corporate Purposes
Address / Contact Info
M P K Steels (I) Ltd.
House No. 87,Rajgarh Road, Silpukhuri,
Kamrup, GMCKamrup, Assam, 781003
Phone: +91 86960 00318
Email: info@mpksteels.com
Website: http://www.mpksteels.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Friday, 26 September 2025
IPO Close Date
Tuesday, 30 September 2025
Basis of Allotment
Wednesday, 01 October 2025
Initiation of Refunds
Friday, 03 October 2025
Credit of Shares to Demat
Friday, 03 October 2025
Listing Date
Monday, 06 October 2025 — NSE & BSE
Important Dates
Open Date
26 September 2025
Close Date
30 September 2025
Basis Of Allotment
01 October 2025
Listing Date
06 October 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 62.36 | 56.64 | 45.67 |
| Revenue | 208.03 | 189.17 | 138.85 |
| Profit After Tax | 6.05 | 3.11 | 1.81 |
| Net Worth | 24.23 | 18.18 | 15.07 |
| Reserve & Surplus | 17.31 | 14.72 | 11.61 |
| Total Borrowings | 18.48 | 13.94 | 14.54 |
EPS Pre
8.74%
EPS Post
5.95%
P/E Pre
9.04
P/E (Post Issue)
13.29x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 28.55 | 18.7 | 13.73 |
| ROCE % | 19.32 | 8.93 | 5.47 |
| Debt / Equity | 0.76 | 0.77 | 0.96 |
| RoNW % | 24.98 | 17.1 | 12 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 2.93 | 1.67 | 1.31 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Market Maker | 163500 | 5.02 | 0 |
| Qualified Institutions | 150400 | 4.62 | 0 |
| Non-Institutional | 930900 | 28.58 | 0 |
| Retail Investors | 2012800 | 61.79 | 0 |
| Total | 3257600 | 100 | 0 |
Subscription Status ( Tue, 30 Sep 25 01:32 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 150400 | 3000000 | 19.95x |
| Non-Institutional | 930900 | 769600 | 0.83x |
| Retail Investors | 2012800 | 1168000 | 0.58x |
| Total | 3094100 | 4937600 | 1.6x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,000 | 237,000.00 |
| Retail (Max) | 2 | 3,000 | 237,000.00 |
| S-HNI (Min) | 3 | 4,500 | 355,500.00 |
| S-HNI (Max) | 8 | 12,000 | 948,000.00 |
| B-HNI (Min) | 9 | 13,500 | 1,066,500.00 |
Registrar
Maashitla Securities Pvt. Limited
011-45121795-96
investor.ipo@maashitla.com
https://www.maashitla.com
Book Running Lead Managers
- Gretex Corporate Services Pvt Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
M P K Steels IPO is a Book-building IPO worth ₹25.74 crores. The price band is ₹75 to 79 per share. The IPO opens on Fri, Sep 26, 2025 and closes on Tue, Sep 30, 2025. It will be listed on BSE and NSE. Maashitla Securities Pvt. Limited is the registrar.
The M P K Steels IPO opens on Fri, Sep 26, 2025 and closes on Tue, Sep 30, 2025
M P K Steels IPO Price Band is ₹75 to 79.
M P K Steels IPO lot size is 1500, and the minimum amount required for application is ₹237000.
The minimum investment for M P K Steels IPO is approximately ₹237000 based on the upper price band.
To apply for the M P K Steels IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Tue, Sep 30, 2025. After submission, funds are blocked until the basis of allotment of M P K Steels IPO is finalised.
M P K Steels IPO issue size is ₹25.74 crores.
M P K Steels IPO allotment date is Sat, Jun 27, 2026.
The registrar for M P K Steels IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website for IPO allotment status, refund processing, and other queries related to M P K Steels IPO through their official website or helpline.