Mumbai, Oct. 6 -- The scrip was listed at Rs 80, a premium of 1.27% over the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.

The counter hit a high of Rs 84 and a low of Rs 80. About 14.88 lakh shares of the company changed hands at the counter.

M P K Steels' IPO was subscribed 1.52 times. The issue opened for bidding on 26 September 2025 and it closed on 30 September 2025. The price of the IPO was fixed between Rs 75 to Rs 79 per share.

The IPO comprised a fresh issue of 32,58,000 equity shares. The company intends to utilize the net proceeds for capital expenditure towards purchase of machinery & dies, capital expenditure towards installation of solar plant, to meet wor...