M&B Engineering IPO
M&B Engineering IPO
Overview
M&B Engineering IPO is a bookbuilding of ₹650.00 crores. The issue is a combination of fresh issue of 0.71 crore shares aggregating to ₹275.00 crores and offer for sale of 0.97 crore shares aggregating to ₹375.00 crores. M&B Engineering IPO opens for subscription on July 30, 2025 and closes on August 1, 2025. The allotment for the M&B Engineering IPO is expected to be finalized on Monday, August 4, 2025. M&B Engineering IPO will be list on BSE, NSE with a tentative listing date fixed as Wednesday, August 6, 2025. M&B Engineering IPO price band is set at ₹366 to ₹385 per share. The lot size for an application is 38. The minimum amount of investment required by an retail is ₹13,908 (38 shares). The lot size investment for sNII is 14 lots (532 shares), amounting to ₹2,04,820, and for bNII, it is 69 lots (2,622 shares), amounting to ₹10,09,470. Equirus Capital Private Limited is the book-running lead manager of the M&B Engineering IPO, while MUFG Intime India Private Limited (Link Intime) is the registrar for the issue.
Total Shares
1,68,83,116
Issue Size
₹650.00 Cr
Price Band
₹366 – ₹385
Lot Size
38 shares
Min. Investment
₹14,630
Max. Investment
₹1,90,190
Open Date
30 Jul, 2025
Close Date
01 Aug, 2025
Allotment
04 Aug, 2025
Listing
06 Aug, 2025
Max. Investment
₹1,90,190
Announced
30 Jul, 2025
Opening Date
30 Jul, 2025
Closing Date
01 Aug, 2025
Basis of Allotment
04 Aug, 2025
Initiation of Refunds
05 Aug, 2025
Credit of Shares
05 Aug, 2025
Listing Date
06 Aug, 2025
Live GMP
Est. Listing: ₹445
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About M&B Engineering IPO
Incorporated in 1981, M&B Engineering Limited is engaged in the business of Pre-Engineered Buildings and Self-Supported Roofing solutions. They manufactures and installed self-supported steel roofing solutions in India.
The Company offers design-led manufacturing solutions, providing design, engineering, manufacturing, and testing to ensure reliable, safe, and high-performance structures, specializing in pre-engineered buildings, structural steel, and steel roofing.
The Compan
M&B Engineering IPO Share Price
Issue Breakdown
Shareholding
Dilution: 14.3% increase in shares
M&B Engineering IPO Promoters Holding
M&B Engineering IPO Financial Health
M&B Engineering Ltd.'s revenue increased by 23% and profit after tax (PAT) rose by 69% between the financial year ending with March 31, 2025 and March 31, 2024.
M&B Engineering IPO 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 Individual Investors (Retail) 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 |
| S-HNI (Min) | 14 | 532 | ₹2,04,820 |
| S-HNI (Max) | 68 | 2584 | ₹9,94,840 |
| B-HNI (Min) | 69 | 2622 | ₹10,09,470 |
(All values in CR)
M&B Engineering IPO Valuations
The market capitalization of M&B Engineering IPO is ₹2200.00 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROE | 25.13 |
| ROCE | 24.80 |
| Debt/Equity | 0.33 |
| RoNW | 25.14 |
| PAT Margin | 7.73 |
| EBITDA Margin | 12.78 |
| Price to Book Value | 6.28 |
(All values in CR)
M&B Engineering IPO Strength & Risk
M&B Engineering IPO Strength:
Dominant player in Pre‑Engineered Buildings (PEB) and self‑supported steel roofing, commanding 75% market share in India as of FY 2024.
Established infrastructure with two manufacturing facilities (Sanand, Gujarat & Cheyyar, Tamil Nadu) plus 14 mobile roofing units, enabling flexibility and wide reach.
Strong recent financial performance: FY 2025 revenue of ₹997 crore (+24%) and PAT ₹77 crore (+69%); ROE 25.1%, ROCE ~24.8% .
Attractive growth metrics: CAGR in EBITDA at 38% and PAT 67% between FY 22–FY 24, outperforming peers.
Diversified customer base across sectors—engineering, manufacturing, logistics, textiles, power, railways—and 73% of revenue from repeat clients.
In‑house design and engineering capabilities permit full turnkey solutions, enhancing control over execution and quality .
M&B Engineering IPO Risk:
Heavy reliance on manufacturing sites: Any operational issues (e.g. facility disruption, capacity underutilization, labor/power issues) at Sanand or Cheyyar could impact deliveries and margins.
Revenue concentration in PEB business: A significant portion of revenue (73%) comes from the Phenix division; exposure to market demand cycles in PEB is material.
Customer concentration risk: Though repeat business is strong, heavy reliance on select clients may expose downside if order flows slow.
Promoter-related interests: Some promoters and directors have stakes in related businesses and subsidiaries, posing potential conflict of interest scenarios .
Unutilized capacity at newer plant: Cheyyar facility’s volume ramp-up still underway—underutilization may weigh on profitability.
Cost pressures: Risks tied to raw material supply/delays and volatility in steel prices, potentially impacting margins.
M&B Engineering IPO Subscriptions Status
M&B Engineering IPO subscribed 0.70 times. The public issue subscribed 2.77 times in the retail category, 0.00 times in QIB, and 0.70 times in the NII category by July 30, 2025 5:04:58 PM (Day 1).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 75,74,026 | 75,74,026 | 291.6 |
| Qualified Institutions | 0.00 | 50,49,351 | 10,640 | 0.41 |
| Non-Institutional Buyers | 0.70 | 25,24,675 | 17,58,754 | 67.712 |
| bNII (bids above ₹10L) | 0.64 | 16,83,117 | 10,79,846 | 41.574 |
| sNII (bids below ₹10L) | 0.81 | 8,41,558 | 6,78,908 | 26.138 |
| Retail | 2.77 | 16,83,117 | 46,58,800 | 179.364 |
| Employees | 2.26 | 57,307 | 1,29,656 | 4.992 |
| Total | 0.70 | 93,13,449 | 65,57,850 | 252.477 |
M&B Engineering IPO GMP
M&B Engineering IPO last GMP is ₹60, last updated Jul 30th 2025 05:35 PM. With the price band of 385.00, M&B Engineering IPO's estimated listing price is ₹445 (cap price + today's GMP).The expected percentage gain/loss per share is 15.58%. >> M&B Engineering IPO Retail Subject to Sauda: ₹1700 >> M&B Engineering IPO Small HNI Subject to Sauda: ₹23800 The lowest GMP is ₹0.00, while the highest GMP is ₹65.00.
Last updated 30 Jul, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 30 Jul, 2025 | 385 | ₹60▲ | 1700/23800 | ₹445 (15.58%) | 2280 | 30 Jul, 2025 |
| 29 Jul, 2025 | 385 | ₹43▲ | 1200/16800 | ₹428 (11.17%) | 1634 | 29 Jul, 2025 |
| 28 Jul, 2025 | 385 | ₹34▲ | 1000/14000 | ₹419 (8.83%) | 1292 | 28 Jul, 2025 |
| 27 Jul, 2025 | 385 | ₹32▼ | 900/12600 | ₹417 (8.31%) | 1216 | 27 Jul, 2025 |
| 26 Jul, 2025 | 385 | ₹50▼ | 1400/19600 | ₹435 (12.99%) | 1900 | 26 Jul, 2025 |
| 25 Jul, 2025 | 385 | ₹65▲ | 1900/26600 | ₹450 (16.88%) | 2470 | 25 Jul, 2025 |
| 24 Jul, 2025 | 0 | ₹0 | - | - | - | 24 Jul, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for M&B Engineering IPO
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Find M&B Engineering IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.