Mumbai, Oct. 14 -- The scrip was listed at Rs 114.40, a discount of 20% over the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 114.40 and a low of Rs 108.70. About 14,000 shares of the company changed hands at the counter.

Mittal Sections' IPO was subscribed 2.19 times. The issue opened for bidding on 7 October 2025 and it closed on 9 October 2025. The price of the IPO was fixed between Rs 136 to Rs 143 per share.

The IPO comprised a fresh issue of 37,00,000 equity shares. The promoter and promoter group shareholding diluted to 67.96% from 99.92% pre-issue.

The company intends to utilize the net proceeds for capital expenditure towards the ...