M & B Engineering IPO Details
M & B Engineering IPO Summary
M & B Engineering IPO opens for subscription on 30 Jul 2025 and closes on 01 Aug 2025.The IPO will be listed on NSE, BSE with the tentative listing date set for 06 Aug 2025.
M & B Engineering IPO price band has been fixed at ₹366 – ₹385 per share. The face value is ₹10 per share with a lot size of 38.
M & B Engineering IPO total issue size comprises 1,68,83,116 shares (aggregating up to ₹650.00 Cr). This includes a fresh issue of 71,42,857 shares (aggregating up to ₹275.00 Cr). Offer for Sale consists of 97,40,259 shares (aggregating up to ₹375.00 Cr). Pre-issue shareholding stands at 5,00,00,000, which will increase to 5,71,42,857 post-issue.
M & B Engineering IPO carries a ₹55 (14.29%) GMP, reflecting investor sentiment.
M & B Engineering IPO Lot Size :Retail Minimum is 1 lot (38 shares) amounting to ₹14,630. Retail Maximum is 13 lots (494 shares) amounting to ₹190,190. SHNI Minimum is 14 lots (532 shares) amounting to ₹204,820. SHNI Maximum is 68 lots (2,584 shares) amounting to ₹994,840. BHNI Minimum is 69 lots (2,622 shares) amounting to ₹1,009,470.
The Lead Managers for M & B Engineering IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Equirus Capital Pvt Ltd, Dam Capital Advisors Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the M & B Engineering Limited RHP.
M & B Engineering IPO Details
M & B Engineering IPO Subscription
M & B Engineering IPO Application Wise Breakup (Approx)
M & B Engineering IPO Dates
- 30 Jul 2025Opening dateOpen
- 01 Aug 2025Closing dateClose
- 04 Aug 2025Allotment Date Allotment
- 05 Aug 2025Initiation of RefundsRefund
- 05 Aug 2025Credit of SharesCredit
- 06 Aug 2025Listing dateListing
M & B Engineering IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 38 | ₹14,630 |
| Retail Maximum | 13 | 494 | ₹190,190 |
| SHNI Minimum | 14 | 532 | ₹204,820 |
| SHNI Maximum | 68 | 2584 | ₹994,840 |
| BHNI Minimum | 69 | 2622 | ₹1,009,470 |
M & B Engineering IPO Reservation
Promoter Holding
Documents
M & B Engineering IPO Valuations
M & B Engineering Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 849.21 | 633.11 | 558.79 |
| Revenue | 996.89 | 808.26 | 889.00 |
| Profit After Tax | 77.05 | 45.63 | 32.89 |
| EBITDA | 126.38 | 79.62 | 66.43 |
| Net Worth | 306.53 | 233.03 | 180.51 |
| Reserves and Surplus | 256.53 | 183.03 | 160.51 |
| Total Borrowing | 186.13 | 204.84 | 148.75 |
| Amount in ₹ Crore | |||
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 Company has provided solutions to customers across various sectors, including general engineering, manufacturing, food and beverages, warehousing, logistics, power, textiles, and railways.
The Company operates two manufacturing facilities in Sanand, Gujarat, and Cheyyar, Tamil Nadu, with a combined PEB capacity of 103,800 MTPA. Sanand started 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: Through its Proflex Division, the company manufactures and installs self-supported steel roofing using mobile units at customer sites, producing panels, seaming them, and installing with cranes after civil structure completion.
The company has executed 9,500+ projects until Fiscal 2025 under Phenix and Proflex divisions.
Products:
- Phenix Division: The company manufactures PEBs, including primary structural components (frames, columns), secondary components (purlins, girts), claddings (pre-painted galvalume, PPGL), and standing seam roofs with various coatings.
- Proflex Division: Roof with Reinforced Cement Concrete (RCC) Structure, Roof with Steel Structure and L Section Roof.
Strength Of M & B Engineering IPO
- Leading PEB player with strong domestic and global presence.
- Market leader in self-supported roofing systems in India.
- Diverse product offerings with end-to-end customer solutions.
- Strong order book and relationships across multiple industries.
- Strategically located facilities with in-house design expertise.
Risk Of M & B Engineering IPO
- 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.
- Dependence on third-party contractors risks timely project execution.
- Unregistered trademarks could weaken brand identity and protection.
Objectives M & B Engineering IPO
- Funding the capital expenditure requirements for the purchase of equipment and machinery, building works, solar rooftop grid and transport vehicles at the Manufacturing Facilities.
- Investment in information technology (“IT”) software upgradation by the Company.
- Re-payment or pre-payment of term loans, in full or in part, of certain borrowings availed by the Company.
- General corporate purposes.
Company Contact Details
M&B Engineering Limited
MB House, 51, Chandrodaya Society,
Opp. Golden Triangle, Stadium
Post Navjivan,
Ahmedabad, Gujarat, 380014
Phone: +91 79- 264637
Email: compliance@mbel.in
Website: http://www.mbel.in/
Registrar Contact Details
M & B Engineering FAQs
The M & B Engineering IPO is a MAINBOARD public issue comprising 16883116 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹650.00 Cr. The issue price has been fixed at ₹385 per equity share, and the minimum application size is 38 shares.
The IPO opens for subscription on 30 Jul 2025, and closes on 01 Aug 2025.
MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹55 (14.29%).
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