M P K Steels (I) Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 150,400 (5%) | — | ₹12 Cr |
| NII (HNI) | — | 930,900 (29%) | — | ₹735 Cr |
| Retail | — | 2,012,800 (62%) | — | ₹1,590 Cr |
| Market Maker | — | 163,500 (5%) | — | ₹13 Cr |
| Σ Total | — | 3,257,600 (100%) | — | ₹25,735 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,500 | ₹118,500 |
| Retail (Max) | 13 | 19,500 | ₹1,540,500 |
| S-HNI (Min) | 14 | 21,000 | ₹1,659,000 |
| B-HNI (Min) | 67 | 100,500 | ₹7,939,500 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 208 | 189 | 139 |
| EBITDA | 9 | 3 | 2 |
| Profit After Tax | 6 | 3 | 2 |
| Net Worth | 24 | 18 | 15 |
| Total Assets | 62 | 57 | 46 |
| Reserves & Surplus | 17 | 15 | 12 |
| Total Borrowing | 18 | 14 | 15 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Capital Expenditure towards purchase of Machinery and Dies – 2.65
- Capital Expenditure towards installation of Solar Plant – 7.00
- To meet Working Capital Requirements – 9.18
- General Corporate Purposes –
Company Overview
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. Channels being the main revenue driver and key to success.
The company’s factory is located at A-195, RIICO Industrial Area, Jaipur, offering strong market connectivity. It employs a mix of skilled and unskilled staff, including engineers and professionals.
Products:
- M.S. Channel: Strong frames for industrial sheds, machinery, material handling, vehicle chassis, railway bridges, fencing, and versatile applications.
- M.S. Angle: Supports building frames, bridges, roof trusses, machinery, security barriers, vehicle frames, and railway infrastructure.
- M.S. Flat: Used for custom metalwork, welding, heavy-duty racks, furniture, gates, fencing, structural reinforcement, automotive parts, bridges, and architectural designs.
The company has a distribution network across Rajasthan, Punjab, West Bengal, Gujarat, Haryana, Uttar Pradesh, Assam, and Madhya Pradesh.
Competitive Strengths:
- Dual Plant Operations at a Single Location
- Extensive Range of Dies for Diverse Steel Measurement
- Strong Brand and Long-Term Relationships
- Rigorous Quality Assurance and Control