The MPK Steels IPO opening date is September 26, 2025, and the IPO will close on September 30, 2025. The MPK Steels IPO is a book-built issue. The company will raise approximately ₹25.74 crore through the IPO, consisting of fresh shares worth ₹25.74 crore and equity shares with a face value of ₹10.
The price band for the MPK Steels IPO is ₹75 to ₹79 per share. The retail share is 35%, QIBs 50%, and HNIs 15%. The MPK Steels IPO will be listed on the BSE on October 6, 2025. The allotment for the MPK Steels IPO will take place on October 1, 2025.
The company reported revenue of ₹208.03 crore in 2025, compared to ₹189.17 crore in 2024. The company reported a profit of ₹6.05 crore in 2025, compared to ₹3.11 crore in 2024. Based on the financials, IPO investors should invest in the IPO GMP for the long term.
M P K Steels IPO Details
| IPO Open Date | September 26, 2025 |
| IPO Close Date | September 30, 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 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
M P K Steels IPO Market Lot
The M P K Steels IPO minimum market lot is 3,000 shares with ₹2,37,000 application amount.
| 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 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
M P K Steels IPO Dates
The M P K Steels IPO date is September 26 and the close date is September 30. The M P K Steels IPO allotment will be finalized on October 1 and the IPO listing on October 6.
| IPO Open Date: | September 26, 2025 |
| IPO Close Date: | September 30, 2025 |
| Basis of Allotment: | October 1, 2025 |
| Refunds: | 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 PM |
Promoters and Holding Pattern
The promoters of the company 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 | – |
M P K Steels IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹138.85 | ₹136.39 | ₹1.81 | ₹45.67 |
| 2024 | ₹189.17 | ₹184.86 | ₹3.11 | ₹56.64 |
| 2025 | ₹208.03 | ₹200.11 | ₹6.05 | ₹62.36 |
M P K Steels IPO Valuation – FY2025
Check M P K Steels IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 28.55% |
| ROCE: | 19.32% |
| EBITDA Margin: | 4.21% |
| PAT Margin: | 2.93% |
| Debt to equity ratio: | 0.76 |
| Earning Per Share (EPS): | ₹8.74 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 24.98% |
| Net Asset Value (NAV): | ₹35.00 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Rathi Bars Limited | 1.57 | 21.92 | 2.65% | 57.51 | 496.29 Cr. |
| Mangalam World Wide Limited | 10.57 | 15.58 | 11.67% | 86.20 | 1,060.71 Cr. |
About the MPK Steels IPO
MPK Steels was established in 2005 and has been engaged in manufacturing general-purpose structural steel products. It specializes in providing high-quality solutions to various industries such as railways, telecommunications, state electricity boards, power and energy, automotive, offshore structures, construction, manufacturing, auto body builders, and infrastructure development authorities.
The company also specializes in manufacturing and trading a wide range of structural steel products such as MS channels, MS joists/beams, MS angles, MS square bars, MS round bars, and MS flats. Furthermore, the company has skilled and experienced promoters who have significantly contributed to business growth.
The company is now launching an IPO to expand its business, establishing a strong position in the business, increasing revenue by offering more products, and reaching a wider audience.