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Mittal Sections IPO vs Neptune Petrochemicals IPO

Comparison between Mittal Sections IPO and Neptune Petrochemicals IPO.

IPO Details

Mittal Sections IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Neptune Petrochemicals IPO is a SME Bookbuilding proposed to list at NSE SME.

 Mittal Sections IPONeptune Petrochemicals IPO
LogoMittal Sections IPO LogoNeptune Petrochemicals IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersWealth Mine Networks Pvt.Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerSpread X Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of Mittal Sections IPO is up to ₹0.00 Cr whereas the issue size of the Neptune Petrochemicals IPO is up to ₹69.54 Cr. The final issue price of Mittal Sections IPO is and of Neptune Petrochemicals IPO is ₹122.00 per share.

 Mittal Sections IPONeptune Petrochemicals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹115.00 per share
Issue Price (Upper)₹122.00 per share
Issue Price (Final)₹122.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares
Fresh Issue Size37,00,000 shares57,00,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹69.54 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total37,00,000 shares57,00,000 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹69.54 Cr

IPO Timetable

Mittal Sections IPO opens on , while Neptune Petrochemicals IPO opens on May 28, 2025. The closing date of Mittal Sections IPO and Neptune Petrochemicals IPO is , and May 30, 2025, respectively.

 Mittal Sections IPONeptune Petrochemicals IPO
Anchor Bid DateMay 27, 2025
Issue OpenMay 28, 2025
Issue CloseMay 30, 2025
Basis Of Allotment (Tentative)Jun 02, 2025
Initiation of Refunds (Tentative)Jun 03, 2025
Credit of Share (Tentative)Jun 03, 2025
Listing date (Tentative)Jun 04, 2025
Anchor Lockin End date 1Jul 01, 2025
Anchor Lockin End date 2Aug 30, 2025

Financials & KPIs

Mittal Sections IPO P/E ratio is , as compared to Neptune Petrochemicals IPO P/E ratio of 8.79.

 Mittal Sections IPONeptune Petrochemicals IPO
Financials

Mittal Sections Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets35.1129.0433.3732.3
Total Income68.97161.65167.53149.35
Profit After Tax2.411.890.560.6
Net Worth9.146.734.844.28
Reserves and Surplus6.524.112.211.66
Total Borrowing12.991520.3913.54
Amount in ₹ Crore

Neptune Petrochemicals Limited Financial Information (Restated Consolidated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets117.00120.95107.8897.51
Total Income620.16675.97709.3182.16
Profit After Tax19.4720.8210.390.68
Net Worth61.2331.9011.080.69
Reserves and Surplus44.5731.8911.070.68
Total Borrowing0.160.005.120.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9294.3
Promoter Shareholding (Post-Issue)70.3
P/E Ratio8.79
Market Cap₹276.37 Cr.
ROE28.13%65.00%
ROCE42.05%65.00%
Debt/Equity2.23
EPS₹13.87
RoNW28.13%65.25%

Shares Offered

In the Mittal Sections IPO Retail Individual Investors (RII) are offered while in Neptune Petrochemicals IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Mittal Sections IPO and 11,40,000 shares in Neptune Petrochemicals IPO.

 Mittal Sections IPONeptune Petrochemicals IPO
Anchor Investor Reserveration17,09,000 shares
Market Maker Reserveration3,00,000 shares
QIB11,40,000 shares
NII8,55,000 shares
RII19,96,000 shares
Employee0 shares
Others
Total57,00,000 shares

Bids Received (Subscription)

Mittal Sections IPO subscribed in total, whereas Neptune Petrochemicals IPO subscribed 4.11x.

 Mittal Sections IPONeptune Petrochemicals IPO
QIB (times)7.12x
NII (times)2.91x
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)4.11x