M P K Steels IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Fri, 26 Sep 2025
Close Date
Tue, 30 Sep 2025
Price Band
₹ 75 – 79
Lot Size
1500
Issue Size
₹ 25.74 Cr
Minimum Investment
₹ 237,000 (3000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
M P K Steels IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹25.74 Crore.
The M P K Steels IPO remained open for subscription from September 26, 2025, to September 30, 2025. The basis of allotment was finalized on October 01, 2025, and the company's shares were listed on BSE SME Platform on October 06, 2025.
The company had fixed the price band at ₹75 to ₹79 per share, with a lot size of 1500 shares. Retail investors were required to make a minimum investment of ₹237,000 (based on the upper price band) to apply for one lot.
Maashitla Securities Pvt. Limited served as the registrar to the issue. Gretex Corporate Services Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, M P K Steels (I) Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
M P K Steels IPO Timeline (Tentative)
- IPO Open Date
- Fri, 26 Sep 25
- IPO Close Date
- Tue, 30 Sep 25
- Basis of Allotment
- Wed, 01 Oct 25
- Initiation of Refunds
- Fri, 03 Oct 25
- Credit of Shares to Demat
- Fri, 03 Oct 25
- Listing Date
- Mon, 06 Oct 25 — NSE & BSE
Open Date
26 September 2025
Close Date
30 September 2025
Basis Of Allotment
01 October 2025
Listing Date
06 October 2025
IPO Subscription
Check Live Subscription →The M P K Steels IPO has received bids for 49,37,600 shares against 30,94,100 shares offered, resulting in an overall subscription of 1.6x. the NII category is subscribed 0.83x, Retail Investors 0.58x, and QIBs 19.95x.
QIB
19.95x
NII
0.83x
RII
0.58x
Total
1.6x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 20,12,800 shares, representing 61.79% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 1,50,400 shares (4.62%), while Non-Institutional Investors (NIIs) receive 9,30,900 shares (28.58%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Market Maker | 163,500 | 5.02% |
| Qualified Institutions | 150,400 | 4.62% |
| Non-Institutional | 930,900 | 28.58% |
| Retail Investors | 2,012,800 | 61.79% |
| Total | 3,257,600 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
M P K Steels (I) Limited KPI Information
| 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 |
| Pat Margin % | 2.93 | 1.67 | 1.31 |
Peers Comparison
No Peer Comparision Available
About M P K Steels (I) Limited
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.
M P K Steels IPO 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%
M P K Steels IPO Objective
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
M P K Steels (I) Limited Address / Contact Details
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
M P K Steels IPO Lot Size
The M P K Steels IPO has a lot size of 1,500 shares. Retail investors require a minimum investment of ₹2,37,000 by applying for 2 lot (3,000 shares). The maximum application allowed for the retail category is 2 lots (3,000 shares), requiring an investment of ₹2,37,000.
| 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 |
Issue Reservation
- Market Maker — 5.02%
- QIB — 4.62%
- NII — 28.58%
- RII — 61.79%
Book Running Lead Managers
- Gretex Corporate Services Pvt Ltd
IPO Documents & Links
Explore More IPOs
Currently Open
Coming Up Next
Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the M P K Steels IPO?
M P K Steels IPO is a Book-building IPO with a total issue size of ₹25.74 crore. The M P K Steels IPO price band is ₹75 to 79 per share. The M P K Steels IPO subscription opens on Fri, Sep 26, 2025, and closes on Tue, Sep 30, 2025. The M P K Steels IPO will be listed on the BSE. Maashitla Securities Pvt. Limited is the registrar for the M P K Steels IPO.
When will the M P K Steels IPO open for subscription?
The M P K Steels IPO opens on Fri, Sep 26, 2025 and closes on Tue, Sep 30, 2025
What is M P K Steels IPO Price Band?
M P K Steels IPO Price Band is ₹75 to 79 per share.
What is M P K Steels IPO Lot Size?
M P K Steels IPO lot size is 1500 shares, Retail investors need a minimum investment of ₹237000 based on the upper price band
What is the minimum investment for M P K Steels IPO?
The minimum investment for M P K Steels IPO is ₹237000, based on one lot of 1500 shares at the upper price band of ₹79 per share.
How to apply for M P K Steels IPO?
Investors can apply for the M P K Steels IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Sep 30, 2025. The application amount remains blocked until the M P K Steels IPO allotment is finalized.
What is M P K Steels IPO Issue Size?
M P K Steels IPO issue size is ₹25.74 crores.
What is the M P K Steels IPO Allotment Date?
M P K Steels IPO allotment date is Wed, Oct 1, 2025.
Who is the M P K Steels IPO Registrar?
The registrar for M P K Steels IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website to check M P K Steels IPO allotment status, refund processing, and other IPO-related information.
Who is the M P K Steels IPO Lead Manager?
The book-running lead managers (BRLMs) for the M P K Steels IPO are Gretex Corporate Services Pvt Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the M P K Steels IPO Red Herring Prospectus (RHP).