Incorporated in 2005, M P K Steels (I) Limited is engaged in manufacturing of structural steel products.The company manufactures general-purpose structural steel products for industries like railways, telecom, power, automotive, construction, fabrication, offshore structures, and infrastructure development, ensuring high-quality solutions.The company manufactures and trades structural steel products like M.S. Channels, Beams, Angles, Squares, Rounds, and Flats, with M.S. Channels being the main revenue driver and key to success.The company’s factory is located at A-195, RIICO Industrial Area, Jaipur, offering strong market connectivity. It employs a mix of skilled and unskilled staff, including engineers and professionals.Products:M.S. Channel: Strong frames for industrial sheds, machinery, material handling, vehicle chassis, railway bridges, fencing, and versatile applications.M.S. Angle: Supports building frames, bridges, roof trusses, machinery, security barriers, vehicle frames, and railway infrastructure.M.S. Flat: Used for custom metalwork, welding, heavy-duty racks, furniture, gates, fencing, structural reinforcement, automotive parts, bridges, and architectural designs.The company has a distribution network across Rajasthan, Punjab, West Bengal, Gujarat, Haryana, Uttar Pradesh, Assam, and Madhya Pradesh.Competitive Strengths:Dual Plant Operations at a Single LocationExtensive Range of Dies for Diverse Steel MeasurementStrong Brand and Long-Term RelationshipsRigorous Quality Assurance and Control
| Category | Shares Offered* | Total Amt* (₹ Cr.) |
|---|---|---|
|
Anchor
|
163,500 | ₹1.290 |
|
QIB (Ex Anchor)
|
150,400 | ₹1.190 |
|
NII
|
930,900 | ₹7.350 |
|
Retail
|
2,012,800 | ₹15.900 |
| Total ** | 3,257,600 | ₹25.740 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min — 2 Lots) | 2 | 3,000 | ₹237,000 |
| Retail (Max — 13 Lots) | 13 | 19,500 | ₹1,540,500 |
| S-HNI (Min — 14 Lots) | 14 | 21,000 | ₹1,659,000 |
| S-HNI (Max — 66 Lots) | 66 | 99,000 | ₹7,821,000 |
| B-HNI (Min — 67 Lots) | 67 | 100,500 | ₹7,939,500 |
| Category | QIB | NII | Retail | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | |||
| Allocation (No. of shares) | — | — | — | — | — | 930,900 | 2,012,800 | 2,943,700 |
| Allotment price (Rs.) | 79 | 79 | 79 | 79 | 79 | 79 | 79 | 79 |
| No. of applications | — | — | — | — | — | — | — | — |
| No. of shares applied | — | — | — | — | — | — | — | — |
| Amount collected (Rs.cr.) | 1.19 | 1.29 | 2.48 | — | — | 7.35 | 15.90 | 25.73 |
| No. of times subscribed | — | — | — | — | — | — | — | — |
| No. of shares allotted | — | — | — | — | — | 930,900 | 2,012,800 | 2,943,700 |
| Amount (Rs.cr.) | 1.19 | 1.29 | 2.48 | — | — | 7.35 | 15.90 | 23.26 |
| No. of allottees | — | — | — | — | — | — | — | — |
| Category | Shares Offered | Amt (₹ Cr) | Size (%) |
|---|---|---|---|
| Anchor / Market Maker | 163,500 | ₹1.29 |
5.02%
|
| QIB (Ex Anchor) | 150,400 | ₹1.19 |
4.62%
|
| NII / HNI | 930,900 | ₹7.35 |
28.58%
|
| Retail (RII) | 2,012,800 | ₹15.90 |
61.79%
|
| Total | 3,257,600 | ₹25.74 |
100.00%
|
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 208.03 | 189.17 | 138.85 |
| EBITDA | 8.69 | 3.28 | 1.91 |
| Profit After Tax (PAT) | 6.05 | 3.11 | 1.81 |
| Net Worth | 24.23 | 18.18 | 15.07 |
| Total Assets | 62.36 | 56.64 | 45.67 |
| Reserves & Surplus | 17.31 | 14.72 | 11.61 |
| Total Borrowings | 18.48 | 13.94 | 14.54 |
| EBITDA Margin (%) | 4.21% | — | — |
| PAT Margin (%) | 2.93% | — | — |
M P K Steels (I) Ltd proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI: