Comparison between Mittal Sections IPO and Neptune Petrochemicals IPO.
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 IPO | Neptune Petrochemicals IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Wealth Mine Networks Pvt.Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Mittal Sections IPO is up to ₹50.26 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 ₹143.00 per share and of Neptune Petrochemicals IPO is ₹122.00 per share.
| Mittal Sections IPO | Neptune Petrochemicals IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹136.00 per share | ₹115.00 per share |
| Issue Price (Upper) | ₹143.00 per share | ₹122.00 per share |
| Issue Price (Final) | ₹143.00 per share | ₹122.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 1000 shares |
| Fresh Issue Size | 35,15,000 shares | 57,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹50.26 Cr | up to ₹69.54 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 35,15,000 shares | 57,00,000 shares |
| Issue Size Total (Amount) | up to ₹50.26 Cr | up to ₹69.54 Cr |
Mittal Sections IPO opens on Oct 07, 2025, while Neptune Petrochemicals IPO opens on May 28, 2025. The closing date of Mittal Sections IPO and Neptune Petrochemicals IPO is Oct 09, 2025, and May 30, 2025, respectively.
| Mittal Sections IPO | Neptune Petrochemicals IPO | |
|---|---|---|
| Anchor Bid Date | May 27, 2025 | |
| Issue Open | Oct 07, 2025 | May 28, 2025 |
| Issue Close | Oct 09, 2025 | May 30, 2025 |
| Basis Of Allotment (Tentative) | Oct 10, 2025 | Jun 02, 2025 |
| Initiation of Refunds (Tentative) | Oct 13, 2025 | Jun 03, 2025 |
| Credit of Share (Tentative) | Oct 13, 2025 | Jun 03, 2025 |
| Listing date (Tentative) | Oct 14, 2025 | Jun 04, 2025 |
| Anchor Lockin End date 1 | Jul 01, 2025 | |
| Anchor Lockin End date 2 | Aug 30, 2025 |
Mittal Sections IPO P/E ratio is 31.15, as compared to Neptune Petrochemicals IPO P/E ratio of 8.79.
| Mittal Sections IPO | Neptune Petrochemicals IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)Mittal Sections Ltd.'s revenue decreased by 15% and profit after tax (PAT) rose by 91% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.92 | 94.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.95 | 70.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 31.15 | 8.79 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹165.42 Cr. | ₹276.37 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 34.92 | 65.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.27 | 65.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.59 | ₹13.87 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 34.92 | 65.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Mittal Sections IPO Retail Individual Investors (RII) are offered 16,65,000 shares while in Neptune Petrochemicals IPO retail investors are offered 16,65,000 shares. Qualified Institutional Buyers (QIB) are offered 1,85,000 shares in Mittal Sections IPO and 11,40,000 shares in Neptune Petrochemicals IPO.
| Mittal Sections IPO | Neptune Petrochemicals IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 17,09,000 shares |
| Market Maker Reservation | 1,85,000 shares | 3,00,000 shares |
| QIB | 1,85,000 shares | 11,40,000 shares |
| NII | 16,65,000 shares | 8,55,000 shares |
| RII | 16,65,000 shares | 19,96,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 35,15,000 shares | 57,00,000 shares |
Mittal Sections IPO subscribed 2.25x in total, whereas Neptune Petrochemicals IPO subscribed 4.11x.
| Mittal Sections IPO | Neptune Petrochemicals IPO | |
|---|---|---|
| QIB (times) | 1.13x | 7.12x |
| NII (times) | 0.55x | 2.91x |
| Big NII (times) | 0.41x | |
| Small NII (times) | 0.83x | |
| RII (times) | 4.08x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.25x | 4.11x |
