SENSEX
NIFTY
GOLD
USD/INR

Weather

image 28    C

Company News

The Economic Times

Company / The Economic Times

details

MP Steel files IPO papers; plans Rs 95 crore fresh issue, 23.07 lakh-share OFS

MP Steel Limited has submitted its Draft Red Herring Prospectus (DRHP) to SEBI as it prepares for its initial public offering. The company aims to generate capital via a fresh issuance of shares and an offer for sale. The funds raised will go towards establishing a new billet manufacturing facility, thereby boosting its backward integration.

24 Aug 2026 3:14 pm