MPK Steels IPO Details
The key details of MPK Steels’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹25.74 Cr |
| Price Range | ₹75 - ₹79 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 3,000 |
| Investment (cut-off price) | ₹2,37,000 |
| Pre IPO Promotor Holding | 97.82% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
MPK Steels IPO Timelines
The IPO process for MPK Steels includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
26/09/2025
Start Date30/09/2025
End Date03/10/2025
Refund Initiation03/10/2025
Credit of Shares to Demat Ac06/10/2025
Listing DateMPK Steels IPO Lot Size
The MPK Steels IPO has a fixed lot size of 1,500 shares, at an upper price band of ₹79 per share. For retail investors, the minimum and maximum application is 3,000 shares (2 lots) amounting to ₹2,37,000. For S-HNI investors, the minimum application is 4,500 shares (3 lots) worth ₹3,55,500, while the maximum is 12,000 shares (8 lots) amounting to ₹9,48,000. B-HNI investors need to apply for at least 13,500 shares (9 lots) totaling ₹10,66,500.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3000 | ₹2,37,000 |
| Retail Maximum | 2 | 3000 | ₹2,37,000 |
| S-HNI Minimum | 3 | 4500 | ₹3,55,500 |
| S-HNI Maximum | 8 | 12000 | ₹9,48,000 |
| B-HNI Minimum | 9 | 13500 | ₹10,66,500 |
MPK Steels IPO Subscription Status
The subscription status for MPK Steels IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 16.80x | 0.18x | 0.03x | -- | 0.89x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
MPK Steels IPO Company Financials
MPK Steels reports robust performance in FY2025 with Total Income of ₹208.03 crores, managing expenses at ₹200.11 crores, and achieving a strong PAT (Profit After Tax) of ₹6.05 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹138.85 | ₹136.39 | ₹1.81 |
| FY 2024 | ₹189.17 | ₹184.86 | ₹3.11 |
| FY 2025 | ₹208.03 | ₹200.11 | ₹6.05 |
About Company
Incorporated in 2005, M P K Steels (I) Limited is engaged in the manufacturing of structural steel products, catering to industries such as railways, telecom, power, automotive, construction, fabrication, offshore structures, and infrastructure development. The company is known for delivering high-quality general-purpose structural steel solutions. Its primary product range includes M.S. Channels, Beams, Angles, Squares, Rounds, and Flats, with M.S. Channels being the main revenue contributor and a key factor in the company’s growth.
The company’s manufacturing facility is located at A-195 in the RIICO Industrial Area, Jaipur, offering strong connectivity to key markets. M P K Steels employs a diverse workforce that includes skilled and unskilled staff, engineers, and industry professionals. Its product portfolio serves a wide range of applications, such as industrial sheds, machinery frames, vehicle chassis, railway bridges, roof trusses, and custom metalwork. The company maintains a robust distribution network across multiple states, including Rajasthan, Punjab, West Bengal, Gujarat, Haryana, Uttar Pradesh, Assam, and Madhya Pradesh.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2005 | Steel | Manoj Upadhyay |
Know Before Investing
MPK Steels IPO Strengths
- MPK Steels has over two decades of experience, establishing itself as a trusted name in manufacturing structural steel products.
- Offers a diverse portfolio including MS channels, angles, flats, rounds, joists, and other structural steel products catering to multiple industries.
- Manufacturing facilities located on the Delhi-Mumbai highway near Jaipur, providing excellent connectivity to key markets across northern and western India.
- Employs modern machinery and technology for producing high-quality steel products with consistent dimensions and superior surface finish.
- Serves infrastructure, construction, automotive, power transmission, and real estate sectors, ensuring diversified revenue streams.
- Established supply chain covering Rajasthan, Haryana, Punjab, Gujarat, Madhya Pradesh, and Uttar Pradesh, aiding business scalability.
- Focuses on energy conservation and sustainable practices, which align with emerging regulatory and market trends.
MPK Steels IPO Risks
- A major portion of revenue comes from the top 10 customers, creating revenue dependency and risk if any key customer reduces purchases.
- The company relies on a few suppliers for critical raw materials like billets and ingots; supply disruption or price hikes could affect production costs.
- The steel industry is highly cyclical with fluctuating raw material prices, demand, and economic cycles impacting business performance.
- Inefficient utilization of manufacturing capacity or production disruptions could reduce profitability.
- Heavy depends on promoters and key directors for operations and strategy; their absence or disengagement could affect business continuity.
- Ongoing legal proceedings involving the company or promoters may lead to liabilities or reputational harm.
- Delays in collecting receivables and inconsistent payments to MSME vendors may impair cash flow and operational efficiency.
Swot Analysis for MPK Steels IPO
Strengths
Reputation and Clientele, Commitment to Quality and Innovation, Strong Industry Experience
Weaknesses
Financial Challenges, Working Capital Intensity, Dependence on Cyclical Industries
Opportunities
Infrastructure Boom in India, Geographic Expansion, Sustainability Initiatives
Threats
Commodity Price Volatility, Economic Cyclicality, Supply Chain Disruptions
Company Details
M P K Steels (I) Ltd.
House No. 87, Rajgarh Road, Silpukhuri, Kamrup, GMC, Assam, 781003
Phone: +91 86960 00318
Email: info@mpksteels.com
Website: http://www.mpksteels.com/
IPO Registar Details
Maashitla Securities Pvt. Ltd.
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
FAQs
The key objectives of MPK Steels SME IPO are:
- Capital Expenditure towards purchase of Machinery and Dies
- Capital Expenditure towards installation of Solar Plant
- To meet Working Capital Requirements
- General Corporate Purposes
Gretex Corporate Services Ltd. is the book-running lead managers for the MPK Steels IPO.
MPK Steels IPO reflects strong growth potential with revenue rising from ₹138.85 crore in FY23 to ₹208.03 crore in FY25 and net income reaching ₹6.05 crore. Improving ROCE of 19.32% and expanding demand from infrastructure and energy projects support future scalability despite raw material cost risks.
The issue price for the MPK Steels IPO is set between ₹75 to ₹79 per share.
To invest in two lot of MPK Steels IPO, you need ₹2,25,000 at the lower price band (₹75 per share) or ₹2,37,000 at the upper price band (₹79 per share) for a lot size of 3000 shares.
MPK Steels IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on October 6, 2025.
Refund/unblocking of funds for MPK Steels IPO will begin on October 3, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your MPK Steels IPO shares on listing day (October 6, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.