M & B Engineering

M & B Engineering Limited IPO

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M & B Engineering Stock Price

462.00 A2ZIPO
26.60 (6.11%)
19 Aug, 2025 02:00:42 PM | All Prices in ₹
Previous Close
435.40
Open
438.05
High
468.80
Low
438.05
Exchange
NSE
52 week High (08 Aug 2025)
488.90
52 week Low (06 Aug 2025)
373.50
Upper Price Band
522.45
Lower Price Band
348.35
Price Band
20.00%
459.00 A2ZIPO
23.35 (5.36%)
19 Aug, 2025 04:01:00 PM | All Prices in ₹
Previous Close
435.65
Open
439.75
High
468.55
Low
438.10
Exchange
BSE
52 week High
489.00
52 week Low
373.25
Upper Price Band
-
Lower Price Band
-
Price Band
-

M & B Engineering IPO Details

Listing Price : ₹385 at Par
Open Date
30 Jul 2025
Close Date
01 Aug 2025
Listing Date
06 Aug 2025
Issue Price
₹366 - ₹385
Face Value
₹10 per share
Lot Size
38
GMP
₹55 (14.3%)
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
50000000
Share holding post issue
57142857
Total Issue Size
1,68,83,116 shares (aggregating up to ₹650.00 Cr)
Fresh Issue
71,42,857 shares (aggregating up to ₹275.00 Cr)
Offer for Sale
97,40,259 shares (aggregating up to ₹375.00 Cr)

M & B Engineering IPO Subscription

M & B Engineering IPO Application Wise Breakup (Approx)

M & B Engineering IPO Dates

  • 30 Jul 2025
    Opening dateOPD
  • 01 Aug 2025
    Closing dateCOD
  • 04 Aug 2025
    Basis of AllotmentBOA
  • 05 Aug 2025
    Initiation of RefundsIOR
  • 05 Aug 2025
    Credit of SharesCOS
  • 06 Aug 2025
    Listing dateLID

M & B Engineering IPO Lot Size

ApplicationLotsSharesAmount
Retain Minimum138₹14,630
Retain Maximum13494₹190,190
SHNI Minimum14532₹204,820
SHNI Maximum682584₹994,840
BHNI Minimum692622₹1,009,470

M & B Engineering IPO Reservation

Promoter Holding

Pre Issue:100.00%
Post Issue:70.45%
Promoter Names:
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, Aditya V Patel Family Trust

M & B Engineering IPO Valuations

ROE:25.13%
ROCE:24.80%
DEBT/EQUITY:0.33
RONW:25.14%
PAT MARGIN:7.73%

M & B Engineering Limited Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets849.21633.11558.79
Revenue996.89808.26889.00
Profit After Tax77.0545.6332.89
EBITDA126.3879.6266.43
Net Worth306.53233.03180.51
Reserves and Surplus256.53183.03160.51
Total Borrowing186.13204.84148.75
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

  1. Funding the capital expenditure requirements for the purchase of equipment and machinery, building works, solar rooftop grid and transport vehicles at the Manufacturing Facilities.
  2. Investment in information technology (“IT”) software upgradation by the Company.
  3. Re-payment or pre-payment of term loans, in full or in part, of certain borrowings availed by the Company.
  4. 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

Name: MUFG Intime India Private Limited
Phone: +91-22-4918 6270

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