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M&B Engineering Limited IPO (M&B Engineering IPO) GMP, Date, Price Band & Review

M&B Engineering Limited IPO opens on 30 July 2025 with a price band of ₹366–385 per share and a total issue size of ₹650 crore (₹275 Cr fresh issue + ₹375 Cr OFS)

IPO Details
M&B Engineering Limited IPO (M&B Engineering IPO)

M&B Engineering Limited IPO (M&B Engineering IPO)

M&B Engineering Limited IPO (M&B Engineering IPO) IPO Details

DetailDescription
IPO DateJuly 30, 2025 to August 1, 2025
Listing Date[.]
Face Value₹ 10 per share
Issue Price Band₹ 366 to ₹ 385 per share
Lot Size38 Shares
Sale TypeFresh 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 TypeBookbuilding IPO
Listing AtBSE, NSE
Share Holding Pre Issue5,00,00,000 shares
Share Holding Post Issue5,71,42,857 shares

About 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.

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

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) Financial Information

Latest Revenue

996.89 Cr

Profit After Tax

77.05 Cr

Net Worth

306.53 Cr

Total Borrowing

186.13 Cr

Period EndedAssetsRevenue From OperationsProfit After TaxNet WorthTotal Borrowing
31 Mar 2025849.21996.8977.05306.53186.13
31 Mar 2024633.11808.2645.63233204.84
31 Mar 2023558.79889.0032.89180.51148.75
Amount in ₹ Crore

M&B Engineering Limited IPO (M&B Engineering IPO) Key Performance Indicator

KPIValues
ROE25.13%
ROCE24.80%
Debt/Equity0.33
RoNW25.14%
PAT Margin7.73%
EBITDA Margin12.78%
Price to Book Value6.28
Pre IPOPost IPO
EPS (Rs)15.4113.48
P/E (x)24.9828.55

Frequently Asked Questions

The IPO issue size is ₹650 crores with a price band between ₹366 and ₹385 per share.
The subscription window is from 30th July 2025 to 1st August 2025.
The company was founded and promoted by experienced professionals active since 1981.
Retail investors must apply for a minimum of 38 shares, costing approximately ₹14,630 at the upper band.
Published By
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Competitive Strengths

1

Market leader in PEB and self-supported roofing systems in India

2

Strong domestic and international presence with diversified industry exposure

3

Comprehensive product and service portfolio offering turnkey solutions

4

Strategically located manufacturing facilities with strong in-house design and engineering teams

5

Healthy order book ensuring revenue visibility

Official Documents

Download regulatory filings

M&B Engineering Limited IPO (M&B Engineering IPO) IPO Timeline

IPO Open DateWed, Jul 30, 2025
IPO Close DateFri, Aug 1, 2025
Tentative AllotmentMon, Aug 4, 2025
Initiation of RefundsTue, Aug 5, 2025
Credit of Shares to DematTue, Aug 5, 2025
Tentative Listing DateWed, Aug 6, 2025
Cut-off time for UPI mandate confirmation5 PM on August 1, 2025

IPO Lot Size

InvestorsNo.of lotsShares OfferedMax Bid Amount
Retail (Min)138.00₹ 14,630
Retail (Max)13494.00₹ 1,90,190
S-HNI (Min)14532₹ 2,04,820
S-HNI (Max)682,584₹ 9,94,840
B-HNI (Min)692,622₹ 10,09,470
M&B Engineering Limited IPO 2025: ₹650 Cr Issue, Price Band ₹366–385 | Opening 30 Jul, Listing on 6 Aug