Mittal Sections IPO: Muted subscription and GMP suggest listing premium may be subdued

Mittal Sections’ Rs 52.9 crore SME IPO has closed with moderate investor interest. The company is set to list on the BSE SME platform on October 14. Retail investors showed strong participation, while other categories were less enthusiastic. The grey market indicates a muted debut. Funds raised will support capacity expansion and working capital.

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