M&B Engineering IPO

M&B Engineering IPO is listed on BSE and NSE, priced at ₹366–₹385 per share. The stock debuted at ₹385 with a flat listing performance. The IPO had a lot size of ₹38 shares and a minimum investment of ₹14,630.

M&B Engineering Limited IPO

Mainboard Listed
₹14,630 (38 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jul 30, 2025 – Aug 1, 2025
Price band
₹366-385 per equity share
Minimum Investment
₹14,630
Issue size
₹650 Cr
Lot size
38
Allotment Date
Aug 4, 2025
Listing
Aug 6, 2025
Listing At
BSE, NSE

IPO timeline

  1. Jul 30, 2025

    Open Date

    Completed

  2. Aug 1, 2025

    Close Date

    Completed

  3. Aug 4, 2025

    Allotment Date

    Completed

  4. Aug 6, 2025

    Listing Date

    Completed

Price Summary

Last closing
308.00 (-20%)
52 week high
535.90
52 week low
223.05
Last update

M&B Engineering IPO Essentials

M&B Engineering IPO Details

M&B Engineering IPO is priced at ₹366-385 per share with a total issue size of 650 crore. The IPO has a lot size of 38 shares and is listed on BSE and NSE.

Issue price
₹366-385 per equity share
Lot size
38 shares
Face value
₹10 Per Equity Share
Issue size
Total 650.00 Cr :
#Fresh Issue : 71,42,857 shares(aggregating up to ₹275.00 Cr) +
#OFS : 97,40,259 shares of ₹10(aggregating up to ₹375.00 Cr)
Total issue size
1,68,83,116 shares
(aggregating up to ₹650 crore)
Fresh issue
71,42,857 shares
(aggregating up to ₹275 crore)
Offer for sale (OFS)
97,40,259 shares
(aggregating up to ₹375 crore)
Listing at
BSE, NSE
List price
385.0(NSE)
Listing date
Registrar
MUFG Intime India Private Limited (Link Intime)
Lead manager
Equirus Capital Private Limited, am Capital Advisors Ltd (Formerly Idfc Securities Ltd)

Market Lot Size

Investors can bid for a minimum of 38 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 38 ₹14,630
Retail(max) 13 494 ₹1,90,190
sHNI(min) 14 532 ₹2,04,820
sHNI(max) 68 2,584 ₹9,94,840
sHNI(min) 69 2,622 ₹10,09,470

M&B Engineering IPO Documents

M&B Engineering IPO Reservation

M&B Engineering IPO reservation details show category-wise allocation of shares. Out of the total 1,99,82,008 shares, approximately 40.75% are reserved for QIB, 12.63% for NII, 8.42% for retail investors, 0.29% for employees, and 37.9% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 75,74,026 (37.9%)
QIB Shares Offered 81,42,883 (40.75%)
NII (HNI) Shares Offered 25,24,675 (12.63%)
bHNI > ₹10L 16,83,117 (8.42%) 3,163
sHNI < ₹10L 8,41,558 (4.21%) 1,581
Retail Shares Offered 16,83,117 (8.42%) 44,292
Employee Shares Offered 57,307 (0.29%)
Total Shares Offered 1,99,82,008 (100%)

M&B Engineering IPO Analytics

M&B Engineering IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

M&B Engineering IPO Subscription Status

M&B Engineering IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 50,49,351
25,24,675
16,83,117
8,41,558
16,83,117 93,13,449
Day 1 30-07-25 05:00 PM
0.00 x
0.66x
0.61x
0.77x
2.59 x 0.66 x
Day 2 31-07-25 05:00 PM
0.02 x
4.34x
3.31x
6.39x
9.57 x 2.94 x
Day 3 01-08-25 05:00 PM
36.72 x
38.24x
37.72x
39.72x
32.48 x 36.19 x
Total No. of Applications
bHNI sHNI Retail
14,20,430 (Approx) 7.8x 39x 32x

M&B Engineering Valuations

Earnings

EPS Pre IPO
₹15.41/-
EPS Post IPO
₹13.48/-
P/E Pre IPO
24.98
P/E Post IPO
28.55

Returns

ROE
25.13%
ROCE
24.80%
RoNW
25.14%
PAT Margin
7.73

Fundamentals

Debt / Equity
0.33
Price / Book
6.28

Data sourced from DRHP / RHP • For educational purposes only

M&B Engineering Financials( In Crs.)

31-Mar-25 31-Mar-24 31-Mar-23
Assets 849.21 633.11 558.79
Revenue 996.89 808.26 889.00
Profit After Tax 77.05 45.63 32.89
Net Worth 306.53 233.03 180.51
Reserves & Surplus 256.53 183.03 160.51
Total Borrowing 186.13 204.84 148.75

M&B Engineering Company & Offer Insights

About M&B Engineering

Established in 1981, M&B Engineering Limited is involved in the business of Pre-Engineered Buildings and Self-Supported Roofing solutions. They manufacture and installed self-supported steel roofing solutions across India.

The Company is providing design-driven manufacturing solutions, offering design, engineering, manufacturing, and testing to deliver reliable, safe, and high-performance structures, with specialties in pre-engineered buildings, structural steel, and steel roofing.The Company has serviced customers from different industries such as general engineering, manufacturing, food and beverages, warehousing, logistics, power, textiles, and railways.

Two manufacturing plants located in Sanand, Gujarat, and Cheyyar, Tamil Nadu, have a total PEB capacity of 103,800 MTPA. Sanand commenced in 2008, Cheyyar in 2024.The Company exports PEBs and structural steel components to 22 countries, including the USA, Brazil, South Africa, Qatar, Sri Lanka, Morocco, Nigeria, Kenya, and Seychelles since Fiscal 2010.

Services:
Phenix division: The company's Phenix Division offers integrated manufacturing solutions, including design, engineering, and production of PEBs, using advanced software and equipment to ensure efficiency, quality, and cost-effectiveness in customer projects.
Proflex Division: With its Proflex Division, the company produces and installs self-supported steel roofing on a customer's site using mobile units, makes panels, seames them, and installs with cranes upon the completion of the civil structure.

With more than 15 years of experience, Phenix Division has installed 1,575 projects, delivering 610,000 MT of PEBs and structural steel to customers in 22 nations and Proflex Division has installed more than 18 million square meters of roofing, finishing 7,825 projects in India for customers from different industries.

M&B Engineering Promoter(s)

Girishbhai Manibhai Patel, Chirag Hasmukhbhai Patel, Malav Girishbhai Patel, Birva Chirag Patel, Vipinbhai Kantilal Patel, Aditya Vipinbhai Patel, Leenaben Vipinbhai Patel, Chirag H Patel Family Trust, Vipin K Patel Family trust, MGM5 Family Trust, MGM11 Family Trust and Aditya V Patel Family Trust are the company's promoters of M&B Engineering.

M&B Engineering IPO Issue Objectives

Funding the capital expenditure requirements for the purchase of equipment and machinery, building works, solar rooftop grid and transport vehicles at our Manufacturing Facilities
Investment in IT software upgradation by our Company
Re-payment or pre-payment of term loans, in full or in part, of certain borrowings availed by our Company
General corporate purposes

M&B Engineering IPO - Anchor Investors

M&B Engineering raises Rs 291.6 crore of Rs 650-crore IPO through anchor book.
Major institutions names such as Ashoka India, Abu Dhabi Investment Authority, Integrated Core Strategies, Societe Generale, and Pinebridge Global Funds invested in the company through anchor book.
Besides, HDFC Mutual Fund, Kotak Mahindra AMC, Whiteoak Capital, Aditya Birla Sun Life AMC, Bandhan Mutual Fund, Abakkus Growth Fund, JM Financial Mutual Fund, Carnelian, ITI Mutual Fund, and Nuvama Crossover Opportunities Fund also entered into the shareholding of the company by investing in the anchor book.

M&B Engineering IPO - Strengths and Risks

M&B Engineering IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

Leading PEB player with strong domestic and global presence.
Market leader in self-supported roofing systems in India.
Strong order book and relationships across multiple industries.
Strategically located facilities with in-house design expertise.

Risks

Heavy reliance on PEB business for revenue generation.
Low capacity utilisation at Cheyyar facility affects profitability.
Business heavily relies on repeat orders from few customers.

Contact Information

Contact Details

M&B Engineering

+91 79-264637

compliance@mbel.in

http://www.mbel.in/

MB House, 51, Chandrodaya Society, Opp. Golden Triangle, Stadium,Post Navjivan, Ahmedabad, Gujarat, 380014

Registrar Contact Details

MUFG Intime India Private Limited (Link Intime)

+91-22-4918 6270

mbengg.ipo@linkintime.co.in

https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Frequently Asked Questions

Click any question to reveal the answer

M&B Engineering IPO is a book-built IPO worth ₹650 crore. The price band is ₹366–₹385 per share. The IPO opens on Jul 30, 2025 and closes on Aug 1, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited (Link Intime) is the registrar.

The price band of M&B Engineering IPO is ₹366 to ₹385 per share.

The lot size of M&B Engineering IPO is 38 shares.

The minimum investment for M&B Engineering IPO is approximately ₹14,630 based on the upper price band .

M&B Engineering IPO opens on Jul 30, 2025 and closes on Aug 1, 2025.

The allotment date of M&B Engineering IPO is Aug 4, 2025.

M&B Engineering IPO is expected to be listed on Aug 6, 2025, on BSE and NSE .

M&B Engineering IPO listed on Aug 6, 2025. It was issued at ₹385.0(NSE) and is currently around ₹308.00 as on 14-May-2026 3:30 PM, which is approximately -20.0% versus issue price. The 52-week high is ₹535.90.

Based on listing and post-listing performance, M&B Engineering IPO delivered around -20.0% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy M&B Engineering IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

M&B Engineering IPO valuation snapshot: P/E 28.55, EPS ₹13.48/-, P/B 6.28, RoNW 25.14%, and market cap N/A.

To apply for M&B Engineering IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of M&B Engineering IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for M&B Engineering IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check M&B Engineering IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the M&B Engineering IPO allotment status on IPO Ji for quick and easy access.