
Steel & Metals · BSE
M P K Steels (I) Limited, incorporated in 2005, is a manufacturer of structural steel products catering to industries such as railways, telecom, power, automotive, construction, fabrication, offshore structures, and infrastructure development. The company produces and trades a wide range of steel products including M.S. Channels, Beams, Angles, Squares, Rounds, and Flats, with M.S. Channels being its primary revenue contributor. Its manufacturing facility is located at RIICO Industrial Area, Jaipur, providing strong market connectivity and supported by a workforce of skilled and unskilled employees, including engineers and professionals. The company’s product portfolio serves diverse applications such as industrial sheds, bridges, machinery, vehicle frames, furniture, gates, heavy-duty racks, and architectural designs. Backed by a strong distribution network, M P K Steels has established its presence across states like Rajasthan, Punjab, West Bengal, Gujarat, Haryana, Uttar Pradesh, Assam, and Madhya Pradesh.
Price Band
₹75 – ₹79
Issue Size
₹25.74 Cr
Lot Size
1600 shares
GMP
Est. Listing
₹79
at current GMP
Subscribed
1.60x
overall
Open
26 Sep 2025
Close
30 Sep 2025
Allotment
1 Oct 2025
Refund
2 Oct 2025
Demat Credit
3 Oct 2025
Listing
6 Oct 2025
Overall Subscription
1.60x
Total Demand
QIB Multiplier
19.95x
Institutions & Funds
NII / HNI
0.83x
High Net-Worth
Retail (RII)
0.58x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 150,400 | 3,000,000 | 19.95x |
| NIB | 931,200 | 769,600 | 0.83x |
| HNIs(10L +) | 620,800 | 736,000 | 1.19x |
| HNIs (2-10L) | 310,400 | 33,600 | 0.11x |
| RETAIL | 2,012,800 | 1,168,000 | 0.58x |
| Total | 4,025,600 | 5,707,200 | 1.60x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 629 | 365 | 0.58x |
| HNIs(10L +) | 129 | 33 | 0.26x |
| HNIs (2-10L) | 65 | 6 | 0.09x |
| Total Applications | 823 | 404 | 0.49x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
M P K Steels (I) Limited is bringing an initial public offering (IPO) in the Steel & Metals sector with an aggregate issue size of ₹25.74 Crores. The shares are offered at a price band of ₹75 to ₹79 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,26,400 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Maashitla Securities Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-10-03, while un-allotted funds or UPI block mandates will be released on 2025-10-02.
Currently, M P K Steels (I) Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹75 to ₹79 per equity share.
The retail lot size is 1600 shares requiring a minimum application amount of ₹1,26,400. Expected listing price is ₹79 per equity share.
The M P K Steels (I) Limited IPO aggregate issue size is ₹25.74 Crores with an equity price band set at ₹75 to ₹79 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,26,400.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.60x (Retail: 0.58x, QIB: 19.95x, NII: 0.83x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2025-10-01. Investors can verify status using PAN card or application number.
M P K Steels (I) Limited shares are scheduled to list on BSE on 2025-10-06.