Mittal Sections SME IPO Subscription
ListedUpdated 14 October 2025, 9:15 AM IST· BSE SME
Mittal Sections SME IPO subscription closed on 9 October 2025 at 2.25x overall by shares. QIB demand came in at 1.13x, NII at 0.66x, and retail at 4.08x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 10 October 2025. Listing date on NSE and BSE is 14 October 2025.
Mittal Sections SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 7 Oct 2025 | 0.75x | 0.35x | 2.21x | 1.25x |
| Day 2 - 8 Oct 2025 | 0.75x | 0.36x | 3.09x | 1.68x |
| Day 3 - 9 Oct 2025 | 1.13x | 0.55x | 4.08x | 2.25x |
Mittal Sections SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Mittal Sections SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 4.09x | 1 in 4 |
| SHNI (Rs 2L to Rs 10L) | 0.75x | Very high |
| BHNI (above Rs 10L) | 0.17x | Very high |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Mittal Sections SME IPO Allotment Status page from 10 October 2025 for your result.
Mittal Sections SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 143.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 2.65 Cr | Rs 2.99 Cr | 1.13x |
| FII | - | Rs 1.00 Cr | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 1.99 Cr | - |
| NII | Rs 23.81 Cr | Rs 15.79 Cr | 0.66x |
| bNII (above Rs 10L) | Rs 15.87 Cr | Rs 9.21 Cr | 0.58x |
| Corporate | - | Rs 2.65 Cr | - |
| Individual | - | Rs 6.56 Cr | - |
| Other | - | - | - |
| sNII (Rs 2L to Rs 10L) | Rs 7.94 Cr | Rs 6.58 Cr | 0.83x |
| Corporate | - | - | - |
| Individual | - | Rs 6.58 Cr | - |
| Other | - | - | - |
| IND | Rs 23.81 Cr | Rs 97.21 Cr | 4.08x |
| Fixed price | - | Rs 97.21 Cr | - |
| Total | Rs 50.26 Cr | Rs 115.99 Cr | 2.31x |
Mittal Sections SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 185 | 2 | 0.01x |
| FII | - | 1 | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 1 | - |
| NII | 555 | 202 | 0.36x |
| bNII (above Rs 10L) | 370 | 64 | 0.17x |
| Corporate | - | 1 | - |
| Individual | - | 63 | - |
| Other | - | - | - |
| sNII (Rs 2L to Rs 10L) | 185 | 138 | 0.75x |
| Corporate | - | - | - |
| Individual | - | 138 | - |
| Other | - | - | - |
| IND | 832 | 3,399 | 4.09x |
| Fixed price | - | 3,399 | - |
| Total | 1,572 | 3,603 | 2.29x |
What Do These Subscription Numbers Mean?
2.25x overall by shares means bids covered about 2 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 1.13x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (0.36x by applications). Split: SHNI 0.75x, BHNI 0.17x by applications. SHNI and BHNI allotment is by lottery.
At 4.09x subscription by applications, about 1 in 4 retail applicants may get allotment (~24% chance per application). Retail allotment is also by lottery.
Mittal Sections SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 7 October 2025 |
| IPO Close Date | 9 October 2025 |
| Allotment Date | 10 October 2025 |
| Refund Initiation | 11 October 2025 |
| Share Credit to Demat | 11 October 2025 |
| Listing Date | 14 October 2025 |
| Minimum Investment | Rs 2,86,000.00 |
| Lot Size | 1000 shares |
About Mittal Sections SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Mittal Sections SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Mittal Sections SME Details
Issue size, price, financials, and company info
Mittal Sections SME GMP
Live grey market premium and listing estimate
Mittal Sections SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Mittal Sections SME Allotment
Allotment date, chances, and check by PAN
Mittal Sections SME Review
SWOT, strengths, risks, and IPO review
Mittal Sections SME FAQ
Common questions on dates, GMP, and allotment
Mittal Sections SME Registrar
Registrar website and how to check allotment
Mittal Sections SME Timeline
Open, close, allotment, and listing dates
Mittal Sections SME News
Updates, blogs, and latest IPO news
Mittal Sections SME IPO Subscription FAQs
What is Mittal Sections SME IPO subscription status today?
Mittal Sections SME IPO subscription closed on 9 October 2025 with overall subscription of 2.25x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 1.13x, NII 0.36x, IND 4.09x.
What is the overall subscription of Mittal Sections SME IPO?
Mittal Sections SME IPO is subscribed 2.25x overall by shares at close on 9 October 2025. QIB 1.13x, NII 0.36x, and IND 4.09x.
What is Mittal Sections SME IPO QIB subscription?
Mittal Sections SME IPO QIB (Qualified Institutional Buyers) subscription is 1.13x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Mittal Sections SME IPO IND subscription?
Mittal Sections SME IPO IND subscription is 4.09x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Mittal Sections SME IPO NII, SHNI, and BHNI subscription?
Mittal Sections SME IPO NII subscription is 0.36x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 0.75x and BHNI (above Rs 10L) at 0.17x.
What are Mittal Sections SME IPO retail allotment chances?
At 4.09x subscription by applications, about 1 in 4 retail applicants may get allotment (~24% chance per application). Allotment is by lottery.
What are Mittal Sections SME IPO SHNI allotment chances?
Mittal Sections SME IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are Mittal Sections SME IPO BHNI allotment chances?
Mittal Sections SME IPO BHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
When is Mittal Sections SME IPO allotment date?
Mittal Sections SME IPO allotment date is 10 October 2025. Check Mittal Sections SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Mittal Sections SME IPO subscription close?
Mittal Sections SME IPO subscription closed on 9 October 2025. No new applications are accepted after the close.
What is Mittal Sections SME IPO GMP today?
GMP for Mittal Sections SME IPO is not available yet. Track Mittal Sections SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Mittal Sections SME IPO issue price and lot size?
Mittal Sections SME IPO issue price is ₹143 per share. Lot size is 1000 shares. Minimum investment is ₹2,86,000 per lot (minimum 2 lots for SME). Issue size: ₹50.26 Cr.
When is Mittal Sections SME IPO listing date?
Mittal Sections SME IPO listing date is 14 October 2025 on NSE and BSE. Allotment is on 10 October 2025.
How does subscription affect Mittal Sections SME IPO allotment?
In Mittal Sections SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 2.25x overall, competition is moderate.
For allotment results from 10 October 2025, visit the Mittal Sections SME IPO Allotment Status page. For listing day updates on 14 October 2025, download the IPOwiz App.
Sources
We match Mittal Sections SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.