Mittal Sections IPO: GMP, price band among key details to know before subscription

Ahmedabad-based Mittal Sections is launching a Rs 53 crore IPO on Tuesday to fund expansion, working capital, and debt reduction. The steel manufacturer aims to significantly boost its production capacity. With a price band of Rs 136-143, the issue closes October 9, targeting a BSE SME listing on October 14. Investors can anticipate a potential boost in the steel sector.