
M&B Engineering Limited IPO (M&B Engineering IPO)
The M&B Engineering Ltd IPO is a ₹650 crores Public Cum Offer for Sale (Book Building) IPO with the price range between ₹366 to ₹385 per share. The IPO will be open for subscription from 30th July 2025 and will close on 1st August 2025. Retail investors need to make an application for a minimum lot size of 38 equity shares and this would amount to ₹14,630 at the higher price band. Finalization of the basis of allotment will be done by 4th August 2025 and refunds and share credits are likely to be done on 5th August 2025. The shares will be listed on the BSE and NSE on 6th August 2025 as it's a mainboard IPO.
Company Background
M&B Engineering Limited is one of the leading Indian companies, which was established in 1981 and deals with pre-engineered buildings (PEBs) and self-supported steel roofing systems. The company has manufacturing plants in Gujarat and Tamil Nadu and serves the domestic and international markets. M&B Engineering has a broad portfolio of industrial applications with its Phenix and Proflex divisions offering complete customer solutions supported by powerful design and in-house engineering resources.
Operations & Product Range
Facility and Production
M&B Engineering IPO operations focus on producing PEBs and self-supported roofing systems that have widespread industrial applications. M&B Engineering has 14 mobile manufacturing units that are specially designed for self-supported roofing and positioned strategically to get more out of it. The company boasts an order book of approximately ₹842.8 crores as of June 30, 2025. Its integrated design, manufacturing and installation capabilities enable timely project execution and customer satisfaction.
Brand and Market Presence
The company is the leader in the Indian PEB industry and has a large presence in the international markets. Its brand is known to be of quality, reliability and offering a wide range of products. M&B Engineering has good relations with its clients in diversified industries, which has contributed to maintaining a healthy order pipeline.
Revenue Channels
M&B Engineering IPO revenues primarily come from:
- • Sale and installation of pre-engineered buildings
- • Supply and installation of self-supported steel roofing systems
- • Engineering services and industrial turnkey project execution for industrial clients
Management & Shareholding
Promoters and Shareholders
The promoters of M&B Engineering IPO are experienced professionals like Girishbhai Manibhai Patel, Chirag Hasmukhbhai Patel, Malav Girishbhai Patel and Birva Chirag Patel who have steered the company since its inception in 1981. They currently hold 100% of the equity share capital pre-IPO. Post-IPO, the promoter shareholding is expected to dilute to accommodate public shareholders while retaining significant control and strategic oversight.
Board Members
The company’s board includes seasoned professionals and experts in engineering, finance and corporate governance. The management team is supported by industry practitioners with domain expertise to drive growth.

WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
M&B Engineering Limited IPO (M&B Engineering IPO)
GMP Date | IPO Price | GMP | Last Updated |
---|---|---|---|
- | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
M&B Engineering Limited IPO (M&B Engineering IPO) Details
Detail | Description |
---|---|
IPO Date | July 30, 2025 to August 1, 2025 |
Listing Date | [.] |
Face Value | ₹10 per share |
Issue Price Band | ₹366 to ₹385 per share |
Lot Size | 38 Shares |
Sale Type | Fresh Capital-cum-Offer for Sale |
Total Issue Size (aggregating up to ₹650.00 Cr) | 1,68,83,116 shares |
Fresh Issue (aggregating up to ₹275.00 Cr) | 71,42,857 shares |
Offer for Sale (aggregating up to ₹375.00 Cr) | 97,40,259 shares of ₹10 |
Employee Discount | ₹36.00 |
Issue Type | Bookbuilding IPO |
Listing At | BSE, NSE |
Share Holding Pre Issue | 5,00,00,000 shares |
Share Holding Post Issue | 5,71,42,857 shares |
M&B Engineering Limited IPO (M&B Engineering IPO) Timeline
Detail | Description |
---|---|
IPO Open Date | Wed, Jul 30, 2025 |
IPO Close Date | Fri, Aug 1, 2025 |
Tentative Allotment | Mon, Aug 4, 2025 |
Initiation of Refunds | Tue, Aug 5, 2025 |
Credit of Shares to Demat | Tue, Aug 5, 2025 |
Tentative Listing Date | Wed, Aug 6, 2025 |
Cut-off time for UPI mandate confirmation | 5 PM on August 1, 2025 |
M&B Engineering Limited IPO (M&B Engineering IPO) Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 38.00 | ₹14,630 |
Retail (Max) | 13 | 494.00 | ₹1,90,190 |
S-HNI (Min) | 14 | 532 | ₹2,04,820 |
S-HNI (Max) | 68 | 2,584 | ₹9,94,840 |
B-HNI (Min) | 69 | 2,622 | ₹10,09,470 |
M&B Engineering IPO Reservation
Investor Category | Shares Offered |
---|---|
QIB Shares Offered | Not more than 75% of the Net Offer |
Retail Shares Offered | Not more than 10% of the Net Offer |
NII Shares Offered | Not more than 15% of the Net Offer |
M&B Engineering Limited IPO (M&B Engineering IPO) Promoter Holding
Share Holding Pre Issue | Share Holding Post Issue |
---|---|
100.00% | - |
Competitive Strength:
- ● Market leader in PEB and self-supported roofing systems in India
- ● Strong domestic and international presence with diversified industry exposure
- ● Comprehensive product and service portfolio offering turnkey solutions
- ● Strategically located manufacturing facilities with strong in-house design and engineering teams
- ● Healthy order book ensuring revenue visibility
M&B Engineering Limited IPO (M&B Engineering IPO) Financial Information
Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
31 Mar 2025 | 849.21 | 996.89 | 77.05 | 306.53 | 186.13 | |||||||||||||||||||||||||||||||||||
31 Mar 2024 | 633.11 | 808.26 | 45.63 | 233 | 204.84 | |||||||||||||||||||||||||||||||||||
31 Mar 2023 | 558.79 | 889.00 | 32.89 | 180.51 | 148.75 | |||||||||||||||||||||||||||||||||||
Amount in ₹ Crore |
Key Performance Indicator
KPI | Values |
---|---|
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 |
Pre IPO | Post IPO | |
---|---|---|
EPS (Rs) | 15.41 | 13.48 |
P/E (x) | 24.98 | 28.55 |
Objectives of M&B Engineering IPO
-
The primary purposes of the money raised through the M&B Engineering IPO are:
- ● Investment in manufacturing capacity and infrastructure.
- ● Investment in technology and software upgrades
- ● Repayment of outstanding debts in full or in part to improve the balance sheet
- ● General corporate purposes
Conclusion
M&B Engineering Ltd IPO provides the investors with a chance to invest in a well-established industrial engineering business with a long history, a wide product portfolio and good growth potential. The leadership position of the company in pre-engineered buildings and roofing systems makes it well placed to grow in the Indian industrial infrastructure market
RHP:
DRHP:
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Frequently asked Questions (FAQs )
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What is the issue size and price band of the M&B Engineering IPO?
The IPO issue size is ₹650 crores with a price band between ₹366 and ₹385 per share.
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When will the IPO be open for subscription?
The subscription window is from 30th July 2025 to 1st August 2025.
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Who are the promoters of M&B Engineering?
The company was founded and promoted by experienced professionals active since 1981.
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What is the minimum amount that retail investors must invest in M&B Engineering IPO?
Retail investors must apply for a minimum of 38 shares, costing approximately ₹14,630 at the upper band.