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MTE Structures IPO IPO

SME[.][.]
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Open
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Close
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Allotment
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Listing
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Issue Size
43,60,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets112.5572.8533.77
Total Income249.21194.51121.01
Profit After Tax23.5613.444.86
EBITDA32.7418.817.00
NET Worth45.7522.198.76
Reserves and Surplus32.859.298.61
Total Borrowing35.6522.1614.56
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
G.V.Electricals Ltd.SME₹42.25 Cr₹13010.28₹165.90+27.62%₹139.90
IC Electricals Co.Ltd.SME₹47.91 Cr₹999.42₹174.30+76.06%₹125.20
Vivid Electromech Ltd.SME₹130.54 Cr₹55519.2₹563.05+1.45%₹1,953.85
INDO SMC Ltd.SME₹91.95 Cr₹14916.1₹154.80+3.89%₹528.10
Fujiyama Power Systems Ltd.Mainboard₹828.00 Cr₹22840.85₹208.44-8.58%₹447.80
Emmvee Photovoltaic Power Ltd.Mainboard₹2,900.00 Cr₹21734.9₹219.40+1.11%₹346.00
Saatvik Green Energy Ltd.Mainboard₹900.00 Cr₹46524.35₹440.70-5.23%₹395.95

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding working capital requirements of the Company44.17
2Funding capital expenditure towards expansion of the manufacturing facility of the Company by building a factory shed and installation of additional plant and machinery therein6.68
3Repayment of certain borrowing availed by the Company, in part or full1.37
4General corporate purposes
Total52.22

About MTE Structures IPO

Updated on Sep 7, 2026

Contact Details

MTE Structures Ltd. AddressPlot No. 1063Canal Road, ManjusaSavliVadodara, Gujarat, 391775+91-635486931cs@mtegroup.inVisit Website