M P K Steels (I) Ltd IPO
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M P K Steels (I) Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| TBA | TBA | TBA | TBA | DBC | ₹ 25.74 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 26 Sep, 25 | 30 Sep, 25 | 3000 | ₹ 2,25,000 | Book Building - SME | 06 Oct, 25 |
M P K Steels (I) Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Steel - Medium |
| Sub Sector | Small |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 0x | 0 | 0 |
| Retail | 0x | 0 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 0 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
M P K Steels (I) Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 8.36 | 4.72 | 2.74 |
| EBITDA | 8.80 | 5.13 | 3.03 |
| PAT | 6.05 | 3.11 | 1.81 |
| Total Assets | 58.38 | 53.10 | 42.11 |
| Share Capital | 6.92 | 3.46 | 3.46 |
| Total Borrowings | 25.11 | 30.27 | 25.17 |
| Operating Activities (Net Cash) | 6.49 | 3.52 | 2.10 |
| Investing Activities (Net Cash) | 0.02 | 0.05 | 0.05 |
| Financing Activities (Net Cash) | 25.11 | 30.27 | 25.17 |
| Net Cashflow | 1.25 | 0.80 | 0.30 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About M P K Steels (I) Ltd
Our Company was initially incorporated on February 28, 2005, as a Private Limited Company in the name of M P K Steels (I) Private Limited under the provisions of the Companies Act, 1956 bearing Identification Number U27109AS2005PTC007674 with the Registrar of Companies, Assam, Mizoram, Manipur, Tripura, Nagaland, Arunachal Pradesh & Meghalaya, Shillong. Subsequently, pursuant to a Special Resolution of our Shareholders passed in the Extra-Ordinary General Meeting held on November 12, 2024, our Company was converted from a Private Limited Company to Public Limited Company and consequently, the name of our Company was changed to `M P K Steels (I) Limited' and a Fresh Certificate of Incorporation consequent to Conversion was issued on December 16, 2024 by the Registrar of Companies, Central Processing Centre. The Corporate Identification Number of the Company is U27109AS2005PLC007674.
The structural steel industry is a vital component of the global economy, primarily supporting the construction, infrastructure, and manufacturing sectors. Structural steel products, such as M.S. Joist/Beam, M.S. columns, and M.S. plates, are essential for building strong frameworks for high-rise buildings, bridges, and industrial facilities. The demand for structural steel is driven by urbanization, industrial growth, and significant infrastructure development, especially in emerging markets like China and India. Technological advancements in manufacturing of steel products, including automation and robotics, have improved efficiency, while a growing focus on sustainability in pushing for the use of recycled steel and greener production processes.
M P K STEELS (I) LIMITED is a manufacturer of general purpose structural steel products which includes M.S. Channel, M.S. Joist/Beam, M.S. Angle, M.S. Square Bar, M.S. Round Bar, and M.S. Flat which are being sold through network of distributors and dealers with whom the company has long-term relationships. These products are commonly used in industries such as Railways, Telecom Industries, State Electricity Boards, Power & Energy Industries, Automotive Industry, Offshore Structures, Construction Industries, Fabrication Industries, Auto Body Builders and Infrastructural Development Authorities.
Peer Comparison:
- Rathi Bars Ltd
- Mangalam Worldwide Ltd
M P K Steels (I) Ltd IPO Key Points
Strengths
- Dual Plant Operations at a Single Location.
- Extensive Range of Dies for Diverse Steel Measurements.
- Strong Brand and Long-Term Relationships.
- Rigorous Quality Assurance and Control
Risk
- Our factory is located at Rajasthan. Any delay in production at, or shutdown of, or any interruption for a significant period of time, in these facilities may in turn adversely affect our business, financial condition and results of operations.
- Our Company is dependent on a few suppliers for purchases of raw materials and consumables. The loss of any of these large suppliers may affect our business operations.
- We derive a majority portion of our revenue from operations from our top 10 customers, contributing towards our total gross sales.
Strategy
- Increasing our production to focus on the growing demand of our core products.
- Strengthen our brand value & expand the dealership network.
- Diversification and Market Expansion.
- Cost Optimization and Lean Manufacturing.
- Customer Relationship Management.
- Dual Plant Operations at a Single Location.
- Extensive Range of Dies for Diverse Steel Measurements.
- Strong Brand and Long-Term Relationships.
- Rigorous Quality Assurance and Control
How To Apply for M P K Steels (I) Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
