M&B Engineering Limited IPO
MainboardListed On: Aug 6, 2025 at ₹ 385.0(NSE)
₹ 14630 /38 Shares
Check Allotment30 Jul, 2025
Open Date01 Aug, 2025
Close Date04 Aug, 2025
Allotment Date06 Aug, 2025
Listing DateIssue Price
₹366-385 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
MUFG Intime India Private Limited (Link Intime)List Price
385.0(NSE)Listing Date
2025-08-06Market Lot
Retail : 38 Shares (₹14,630/-)S-HNI : 532 Shares (₹2,04,820/-)
B-HNI : 2,622 Shares (₹10,09,470/-)
Lead Manager
Equirus Capital Private Limitedam Capital Advisors Ltd (Formerly Idfc Securities Ltd)
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)
Retail Portion
10% (Number of Retail Applications: 44,293 Approx),(Number of S-HNI Applications : 1,582 Approx),
(Number of B-HNI Applications : 3,164 Approx)
Subscription
36.19 timesM&B Engineering IPO Details
M&B Engineering IPO is a book-built issue of ₹650 crores, The total issue size is ₹650 crores. The IPO of M&B Engineering is priced at ₹366-385 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Jul 30, 2025 and ends on Aug 1, 2025. The allotment for M&B Engineering IPO will be finalized on Aug 4, 2025. M&B Engineering IPO will be listed on BSE, NSE, with a tentative listing date fixed as Aug 6, 2025. The company shall list its equity shares on the BSE, NSE. MUFG Intime India Private Limited (Link Intime) is the registrar of the issue.
Retail investors can bid for a minimum of 38 shares, extendable to 14,630. S-HNIs will be able to bid for 532 shares at ₹2,04,820, while B-HNIs can also apply for a bid of 2,622 shares at ₹10,09,470. The book-running lead manager for the IPO is/are Equirus Capital Private Limited , Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) .
The total issue ₹650 crore, comprising a fresh issue of 71,42,857 shares ₹275 crore and an Offer for Sale (OFS) of 97,40,259 shares to mop up ₹375 crore.
The M&B Engineering IPO sets its price band at 366-385 for each share. A single application for M&B Engineering Limited IPO must contain at least 38 shares. Sentiment investors need to invest a minimum of 38 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,630 In order to participate in the sNII, investors must purchase at least 14 lots of 532 shares for ₹2,04,820, while the bNII requires 69 lots of 2,622 shares for an investment of ₹10,09,470.
M&B Engineering IPO Subscription Details
| As on | QIB | NII bNII sNII | 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 | 0.66 0.61 x 0.77 x | 2.59 x | 0.66 x |
| Day 2 - 31-07-25 05:00 PM | 0.02 x | 4.34 3.31 x 6.39 x | 9.57 x | 2.94 x |
| Day 3 - 01-08-25 05:00 PM | 36.72 x | 38.24 37.72 x 39.72 x | 32.48 x | 36.19 x |
M&B Engineering Valuations
EPS Pre IPO
₹15.41/-EPS Post IPO
₹13.48/-P/E Pre IPO
24.98P/E Post IPO
28.55ROE
25.13%ROCE
24.80%Debt/Equity
0.33RoNW
25.14%PAT Margin
7.73Price to Book Value
6.28M&B Engineering Company Financials All values are in ₹ Cr.
| 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 |
About The Company
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 - Strength and Weakness
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.
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.
M&B Engineering - Promoter(s)
Pre Issue Share Holding: N/A%
Post Issue Share Holding: N/A%
- 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
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
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.
Other Details
M&B Engineering
MB House, 51, Chandrodaya Society, Opp. Golden Triangle, Stadium,Post Navjivan, Ahmedabad, Gujarat, 380014MUFG Intime India Private Limited (Link Intime)
Phone: +91-22-4918 6270
Email: mbengg.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
M&B Engineering IPO - FAQs
Ans. M&B Engineering Limited IPO is a Mainboard IPO. The issue is priced at ₹366-385 per equity share. The minimum order quantity is 38 Shares. The IPO opens on Jul 30, 2025, and closes on Aug 1, 2025. MUFG Intime India Private Limited (Link Intime) is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The M&B Engineering Limited IPO opens on Jul 30, 2025 and closes on Aug 1, 2025.
Ans. The size of M&B Engineering Limited IPO is 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).
Ans. The IPO price band is set between ₹366-385 per equity share.
Ans. To apply for M&B Engineering Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find M&B Engineering Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of M&B Engineering Limited IPO is Aug 4, 2025.
Ans. The M&B Engineering Limited IPO will be listed on Aug 6, 2025.
Ans. Follow the steps to check the allotment status for M&B Engineering Limited IPO here.
