Mittal Sections SME IPO Subscription Status
Mittal Sections SME IPO closed on 9 October 2025 with an overall subscription of 2.25x based on shares applied. QIB demand came in at 1.13x, NII at 0.66x, and retail at 4.08x.
Allotment will be finalised on 10 October 2025. The stock is scheduled to list on NSE and BSE on 14 October 2025.
Issue Price
Rs 143.00
GMP Today
-
Overall Subscription
2.25x
Issue Size
₹50.26 Cr
Allotment Date
10 Oct 2025
Listing Date
14 Oct 2025
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?
A subscription of 2.25x by shares means the IPO received bids for 2 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 1.13x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 1.13x, it reflects serious institutional conviction.
NII at 0.36x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 0.17x and sNII at 0.75x by applications.
At 4.09x subscription by applications, approximately 1 in 4 retail applicants can expect an allotment (~24% per application). Retail allotment is done by lottery when oversubscribed.
Mittal Sections SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 4.09x.
- •Allotment odds: about 1 in 4 (~24% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 0.75x.
BHNI (above Rs 10 lakh)
- •Application subscription: 0.17x.
Check the Mittal Sections SME IPO Allotment Status page from 10 October 2025 for your allotment result.
Mittal Sections SME IPO Day-wise Subscription
| 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 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
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
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 June 2026, 2:47 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. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Mittal Sections SME IPO NII subscription?
Mittal Sections SME IPO NII (Non-Institutional Investors) subscription is 0.36x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Mittal Sections SME IPO for retail?
At 4.09x subscription by applications, approximately 1 in 4 retail applicants can expect an allotment (~24% per application). Allotment is done by lottery.
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?
Allotment odds in Mittal Sections SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. 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.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.