Initial public issue of 37,00,000 equity shares of face value of Rs. 10/- each of Mittal Sections Limited ("MSL" or the "Company" or the "Issuer") for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share (the "Issue Price") aggregating to Rs. [*] crores ("the Issue"), of which [*] equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. 185,000 lakhs will be reserved for subscription by market maker to the issue (the "Market maker reservation portion"). The issue less the market maker reservation portion i.e., net issue f 35,15,000 equity shares of face value of Rs. 10/- each at a price of Rs. [*]/-per equity share including a share premium of Rs. [*]/- per equity shareaggregating to Rs. [*] crores is herein after referred to as the "net issue". Theissue and the net issue will constitute 31.99%, and 30.39 %, respectively, ofthe post issue paid up equity share capital of the company.
Price Band: Rs. 136/- to Rs. 143 for equity share of face value of Rs. 10 each.
The floor price is 13.6 times times the face value and cap price is 14.3 of the face value of the equity shares.
Bids can made for a minimum of 2,000 equity shares and in multiples of 1,000 equity shares thereafter.