
MPK Steels IPO Description – Incorporated on 28 February 2005, MPK Steels is a structural steel manufacturer headquartered in Jaipur, Rajasthan. The company’s core business lies in manufacturing and trading general-purpose structural steel products, serving diverse industries including Railways, Telecom, State Electricity Boards, Power & Energy, Automotive, Offshore Structures, Construction, Fabrication, Auto Body Building, and Infrastructure Development Authorities.Our factory is located on the Delhi-Mumbai Highway covering the 10,393.75 Sqm.
The company’s product portfolio includes M.S. Channels, Joists/Beams, Angles, Flats, Round Bars, and Square Bars, with M.S. Channels contributing over 94% of revenue. These products are widely used in applications such as building frameworks, bridges, railway electrification, power plant structures, industrial sheds, machinery frames, and automotive components.
As of 15 September 2025, the company has a total of 79 employees on payroll.

Promoters of MPK Steels – Mr. Manoj Upadhyay, Mr. Suresh Kumar Sharma, Mrs. Nidhi Upadhyay, Mrs. Santosh Devi Sharma, M/S. Suresh Kumar Sharma and Sons Huf and M/S. Manoj Kumar Upadhyay HUF.
Table of Contents
MPK Steels Offer Details
| MPK Steels IPO Dates | 26 – 30 September 2025 |
| MPK Steels Issue Price | INR 75 – 79 per share |
| Fresh Issue | 32,57,600 shares (INR 24.43 – 25.74 crore) |
| Offer For Sale | Nil |
| Total IPO Size | 32,57,600 shares (INR 24.43 – 25.74 crore) |
| Minimum Bid | 3,200 shares (INR 2,52,800) |
| Lot Size | 1,600 shares (INR 1,26,400) |
| Face Value | INR 10 per share |
| Individual Allocation | 35% |
| Listing On | BSE SME |
MPK Steels Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 137.55 | 186.61 | 206.58 |
| Expenses | 136.39 | 184.86 | 200.11 |
| Net income | 1.81 | 3.11 | 6.05 |
MPK Steels Offer News
- MPK Steels RHP
- MPK Steels Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
MPK Steels Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 3.35 | 4.49 | 8.74 |
| PE ratio | – | – | 8.58 – 9.04 |
| RONW (%) | 12.00 | 17.10 | 24.98 |
| NAV | 21.76 | 26.25 | 35.00 |
| ROCE (%) | 5.47 | 8.93 | 19.32 |
| EBITDA (%) | 1.39 | 1.76 | 4.21 |
| Debt/Equity | 0.96 | 0.77 | 0.76 |
MPK Steels IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
MPK Steels IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 1,50,400 | 9,31,200 | 20,12,800 | 30,94,400 |
| 30 Sep 2025 | 19.95 | 0.83 | 0.58 | 1.60 |
| 29 Sep 2025 | 16.80 | 0.18 | 0.03 | 0.89 |
| 26 Sep 2025 | 0.00 | 0.18 | 0.01 | 0.06 |
The market maker reservation portion of 1,63,200 shares is not included in the above calculations.
MPK Steels IPO Allotment Status
MPK Steels IPO allotment status is now available on the Maashitla Securities website. Click on this link to get the allotment status.
MPK Steels IPO Dates & Listing Performance
| IPO Opening Date | 26 September 2025 |
| IPO Closing Date | 30 September 2025 |
| Finalization of Basis of Allotment | 1 October 2025 |
| Initiation of refunds | 3 October 2025 |
| Transfer of shares to demat accounts | 3 October 2025 |
| IPO Listing Date | 6 October 2025 |
| Opening Price on BSE SME | INR 83.50 per share (up 5.70%) |
| Closing Price on BSE SME | Coming soon |
MPK Steels Offer Lead Manager
GRETEX CORPORATE SERVICES LIMITED
A-401, Floor 4th, Plot FP-616, (PT), Naman Midtown,
Senapati Bapat Marg, Near Indiabulls, Dadar (w),
Delisle Road, Mumbai 400013, Maharashtra
Phone: +91 9331926937
Email: [email protected]
Website: www.gretexcorporate.com
MPK Steels Offer Registrar
MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square, Netaji
Subhash Place, Pitampura, Northwest, New Delhi-110034
Tel: +91 1147581432
E-mail: [email protected]
Website: www.maashitla.com
MPK Steels Contact Details
M P K STEELS LIMITED
A – 195, RIICO Industrial Area Extension,
Phase 2, Bagru, Jaipur, Rajasthan – 303007.
Phone: +91 8696000318
E-mail: [email protected]
Website: www.mpksteels.com
IPO FAQs
What is the MPK Steels’ offer size?
MPK Steels’ offer size is INR INR 24.43 – 25.74 crores.
What is the MPK Steels’ offer price band?
MPK Steels’ public offer price is INR 75 – 79 per share.
What is the lot size of the MPK Steels IPO?
MPK Steels offer lot size is 1,600 shares.
What is the MPK Steels IPO GMP today?
MPK Steels IPO GMP today is INR NA per share.
What is the MPK Steels kostak rate today?
MPK Steels’ kostak rate today is INR NA per application.
What is the MPK Steels IPO Subject to Sauda rate today?
MPK Steels Subject to Sauda rate today is INR NA per application.





































