M&B Engineering
Mainboard₹14,630 / 38 Shares
IPO Live Subscription Details (times)
NII (bids below ₹10L): 39.29x
NII Total: 38.24
IPO Details
M&B Engineering IPO is priced between ₹366-385 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the Mainboard, and MUFG Intime India Private Limited (Link Intime) is managing the issue as the registrar.
The IPO bidding period opened on 30 Jul, 2025, and closed on 1 Aug, 2025. The allotment results will be announced on 4 Aug, 2025, with a tentative listing date set for 6 Aug, 2025.
The total issue comprises Total 650.00 Cr :#Fresh Issue : 71,42,857 shares, amounting to ₹275.00 Cr.
M&B Engineering IPO Highlights
| IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
|---|---|---|---|---|---|---|---|
| Jul 30, 2025 - Aug 1, 2025 | 6 Aug, 2025 | ₹10 Per Equity Share | ₹366-385 per equity share | 38 Shares | 71,42,857 Shares | 97,40,259 shares of ₹10 | BSE, NSE |
M&B Engineering IPO Timeline
Issue Price
₹366-385 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
MUFG Intime India Private Limited (Link Intime)Market 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 Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 25 | 849.21 | 996.89 | 77.05 | 306.53 | 256.53 | 186.13 |
| 31 Mar 24 | 633.11 | 808.26 | 45.63 | 233.03 | 183.03 | 204.84 |
| 31 Mar 23 | 558.79 | 889.00 | 32.89 | 180.51 | 160.51 | 148.75 |
All values are in ₹ Cr.
M&B Engineering IPO Valuations
EPS PRE IPO ₹15.41/- | EPS POST IPO ₹13.48/- | PE PRE IPO 24.98 | PE POST IPO 28.55 | ROE 25.13% |
ROCE 24.80% | DEBT EQUITY 0.33 | RONW 25.14% | PAT MARGIN 7.73 | PRICE TO BOOK VALUE 6.28 |
About 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 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 |
Retail:34.2x
BHNI:7.8x
SHNI:39.0x times
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
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