How to Check M P K Steels IPO Allotment Status?

M P K Steels (I) Limited is engaged in manufacturing of structural steel products, incorporated in 2005, manufacturing general-purpose structural steel products for industries including railways, telecom, power, automotive, construction, fabrication, offshore structures, and infrastructure development ensuring high-quality solutions, producing and trading structural steel products like M.S. Channels, Beams, Angles, Squares, Rounds, and Flats with M.S. Channels being main revenue driver, operating products including M.S. Channel for strong frames in industrial sheds, machinery, vehicle chassis, and others.

The M P K Steels IPO came with a total issue size of ₹25.74 crore, comprising entirely a fresh issue of 0.33 crore shares aggregating to ₹25.74 crore. The IPO opened on September 26, 2025, and closed on September 30, 2025. The allotment for the M P K Steels IPO is expected to be finalized on Wednesday, October 1, 2025. The M P K Steels IPO share price band was set at ₹75 to ₹79 per share.

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Steps to Check M P K Steels IPO Allotment Status on Registrar Site

• Visit the Maashitla Securities Pvt.Ltd. website 
• Select "M P K Steels" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check M P K Steels IPO Allotment Status on BSE

• Navigate to the BSE SME IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "M P K Steels" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

M P K Steels IPO Subscription Status

M P K Steels IPO received moderate investor interest, being subscribed 1.54 times overall. The subscription showed mixed confidence with very strong QIB interest but weak retail and NII participation. Here is a category-wise breakdown of the subscription as of 5:05:00 PM on September 30, 2025:

• Non-Institutional Investors (NII): 0.65 times.
• QIB Category (Ex Anchor): 19.95 times.
• Individual Investors: 0.58 times.

M P K Steels IPO Share Price and Investment Details

The M P K Steels IPO stock price band was set at ₹75 to ₹79 per share with a minimum lot size of 1,600 shares. The minimum investment required for retail investors was ₹2,52,800 for 2 lots (3,200 shares). The issue included 1,63,500 shares allocated to market maker raising ₹1.29 crore. Given the moderate subscription response of 1.54 times overall, with exceptional institutional interest at 19.95 times but poor retail participation at 0.58 times and weak NII subscription at 0.65 times, the M P K Steels IPO share price is expected to list with modest premium.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Capital expenditure for purchase of machinery and dies: ₹2.65 crore.
• Capital expenditure for installation of solar plant: ₹7.00 crore.
• Meeting working capital requirements: ₹9.18 crore.
• General corporate purposes: Remaining amount.

Business Overview

M P K Steels (I) Limited operates with dual plant operations at single location providing operational efficiency, extensive range of dies for diverse steel measurements enabling product flexibility, strong brand recognition with long-term customer relationships, rigorous quality assurance and control systems, and strategically located factory in RIICO Industrial Area, Jaipur with distribution network spanning eight states.