The M P K Steels IPO is scheduled to open for subscription on September 26, 2025, and will close on September 30, 2025. The allotment will be finalized on October 1, 2025, and the shares are expected to list on the BSE and SME on October 6, 2025. This SME IPO is attracting investors due to the company’s strong financial growth and an attractive price band of ₹75 to ₹79 Per Share.
Here’s a complete guide covering IPO details, dates, promoters, financials, strengths, risks, and how to apply.
M P K Steels IPO Details
| Particulars | Details |
| IPO Open Date | 26/09/2025 |
| IPO Close Date | 30/09/2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹75 to ₹79 Per Share |
| Issue Size | Approx ₹25.74 Crores |
| Fresh Issue | Approx ₹25.74 Crores |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, SME |
| RHP Draft Prospectus | Download |
| DRHP Draft Prospectus | Download |
M P K Steels IPO Market Lot
The minimum market lot for M P K Steels IPO is 3000 shares, with a total application amount of ₹2,37,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 3,000 | ₹2,37,000 |
| Retail Maximum | 2 | 3,000 | ₹2,37,000 |
| S-HNI Minimum | 3 | 4,500 | ₹3,55,500 |
M P K Steels IPO Reservation
| Inventory Category | Shares Offers | No. of Shares |
| QIB | 4.70% | 153000 |
| HNI | 28.55% | 930000 |
| RETAIL | 61.73% | 2011500 |
| Market Maker | 5.02% | 163500 |
| TOTAL | 100.00% | 3258000 |
M P K Steels IPO Timeline
The M P K Steels IPO opens on September 26, 2025, and closes on September 30, 2025. The allotment will be finalized on October 1, 2025, with the shares list on October 6, 2025.
| Event | Date |
| IPO Open Date | September 26, 2025 |
| IPO Close Date | September 30, 2025 |
| Basis of Allotment | October 1, 2025 |
| Refunds Initiation | October 3, 2025 |
| Credit to Demat Account | October 3, 2025 |
| IPO Listing Date | October 6, 2025 |
| IPO Bidding Cut-off Time | September 30, 2025 – 5:00 PM |
Promaters and Holding Pattern
The promoters of M P K Steels are Manoj Upadhyay, Suresh Kumar Sharma, Nidhi Upadhyay, Santosh Devi Sharma, M/s. Suresh Kumar Sharma and Sons HUF, and M/s. Manoj Kumar Upadhyay HUF.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 69,23,358 | 97.82% |
| Promoter Holding Post Issue | 1,01,81,358 | 66.51% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| 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 Purpose | – |
Company Financial
Amount ₹ in Crores
| Period Ended | March-2025 | March-2024 | March-2023 |
| Assets | 62.36 | 56.64 | 45.67 |
| Revenue | 208.03 | 189.17 | 138.85 |
| Net Worth | 24.23 | 18.18 | 15.07 |
| profit After Tax | 6.05 | 3.11 | 1.81 |
| Reserves And Surpluse | 17.31 | 14.72 | 11.61 |
| Total Borrowing | 18.48 | 13.94 | 14.54 |
M P K Steels IPO Valuation
Check M P K Steels IPO valuation details, including Price/Earnings P/E Ratio, Earnings Per Share (EPS), Return on Net Worth (RoNW), and Net Asset Value (NAV).
| KPI | March-2025 | March-2024 | March-2023 |
| EPS | 8.74 | 8.98 | 9.38 |
| ROE | 28.55 | 18.70 | 13.73 |
| ROCE | 19.32 | 8.93 | 5.47 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 9.04 | 0 | 0 |
| POST IPO(PE) | 13.29 | 0 | 0 |
About company
Founded in 2005, M P K Steels Limited manufactures general-purpose structural steel products catering to industries like:
- Railways & Telecom
- Power & Energy
- Automotive & Construction
- Offshore Structures
- Fabrication and Infrastructure
The company’s product range includes M.S. Channels, Joists/Beams, Angles, Square Bars, Round Bars, and Flats.
With strong promoter experience and a growing customer base, M P K Steels is focused on expanding production and strengthening its market presence through this IPO.
M P K Steels IPO Strenght Factors
- Established steel manufacturer with 18+ years of experience.
- Diverse product range: M.S. Channels, Beams, Bars, Angles, and Flats.
- Consistent revenue and profit growth over the past 3 years.
- Experienced promoters with strong industry expertise.
- IPO funds to expand machinery, solar plant, and working capital.
- Strategic presence in Railways, Power, Automotive, and Construction sectors.
- Healthy financials with strong ROE and low debt-to-equity ratio.
M P K Steels IPO Risk Factors
- Dependence on steel prices; fluctuations may impact margins.
- Competition from other steel manufacturers and suppliers.
- Project implementation risks for expansion and solar plant installation.
- Regulatory and environmental compliance risks.
- Economic slowdown or demand decline in key sectors (Railways, Power, Construction) could affect revenue.
- Dependence on skilled labor and management for operational efficiency.
Lead Manager
- Gretex Corporate Services Ltd.
Company Details
- Name:- M P K Steels
- Email:- info@mpksteels.com
- Phone:- +91 8696000318
- Website:- http://www.mpksteels.com/
- Address:- House No. 87, Rajgarh Road, Silpukhuri, Kamrup, GMC, Kamrup, Assam, 781003
IPO Registrar
- Name:- Maashitla Securities Private Limited
- Email:- Investor.ipo@maashitla.com
- Phone:- +91-11-45121795-96
- Website:- https://maashitla.com/allotment-status/public-issues
Disclemer
IPO Sevak (iposevak.com) is not a SEBI-registered advisor. This content is for informational purposes only and should not be considered as investment advice. Please consult a licensed financial advisor before investing.
FAQs
1. When does the M P K Steels IPO open and close?
Ans:- The IPO opens on September 26, 2025, and closes on September 30, 2025.
2. What is the price band for the M P K Steels IPO?
Ans:- The price band is ₹75 to ₹79 Per Share.
3. What is the minimum lot size and investment amount?
Ans:- The minimum market lot is 3000 shares, requiring an investment of ₹2,37,000.
4. Who are the promoters of the M P K Steels IPO?
Ans:- The promoters are Manoj Upadhyay, Suresh Kumar Sharma, Nidhi Upadhyay, Santosh Devi Sharma, M/s. Suresh Kumar Sharma and Sons HUF, and M/s. Manoj Kumar Upadhyay HUF.
5. When will the allotment be finalized?
Ans:- The allotment will be finalized on October 1, 2025.
6. When will the M P K Steels IPO list on the stock exchange?
Ans:- The shares are expected to list on the BSE, SME on October 6, 2025.