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M&B Engineering Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹385
Per Share
GMP
NIL
Grey Market
Est. Listing
₹385
Expected Price
Min. Application
₹29,260
2 lots × 38 shares
IPO Issue Details
Issue Price / Price Band₹385 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size38 Shares per Lot
Total Issue Size1,68,88,474 shares (aggregating up to ₹650.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 30 Jul 2025
Subscription CloseFri, 01 Aug 2025
Anchor AllotmentTue, 29 Jul 2025
Basis of AllotmentMon, 04 Aug 2025
Initiation of RefundsTue, 05 Aug 2025
Credit of Shares to DematTue, 05 Aug 2025
Listing DateWed, 06 Aug 2025
UPI Mandate Deadline2025-08-01
Application & Investment Details
Retail — Min (1 Lots)₹14,630 — 38 shares
Retail — Max (13 Lots)₹190,190 (13 Lots)
HNI — Min (14 Lots)₹2,04,820 — 532 shares
EPS (Pre-IPO)₹15.41
EPS (Post-IPO)₹13.48
P/E Ratio (Pre-IPO)24.98x
P/E Ratio (Post-IPO)28.55x
Pre-IPO Promoter Holding5,00,00,000 shares
Post-IPO Promoter Holding5,71,48,215 shares
Fresh Issue Shares71,48,215 shares (aggregating up to ₹275.12 Cr)
Offer for Sale Shares97,40,259 shares of ₹10 (aggregating up to ₹374.88 Cr)
About M&B Engineering Ltd.

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.Competitive Strenghths:One of the players in terms of installed capacity in the domestic PEB industry with presence in international markets and market leader in the domestic self-supported roofing industry.They provide a wide range of specialised products and services, making us a comprehensive solution provider for our customers.Relationships with customers across a diverse set of industries with an order book of Rs 8,428.38 million as of June 30, 2025.Strategically located manufacturing facilities for PEBs with comprehensive in-house design and engineering capabilities and 14 mobile manufacturing units for self-supported roofing systems.

Objects of the Issue

M&B Engineering Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
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
130.58
2
2 Investment in IT software upgradation by the Company
5.20
3
3 Re-payment or pre-payment of term loans, in full or in part, of certain borrowings availed by the Company
58.75
4
4 General corporate purposes
80.47
Shareholding & Lock-in
Pre-IPO Promoter Holding 5,00,00,000 shares
Post-IPO Promoter Holding 5,71,48,215 shares
Lock-in Period (30%)September 2, 2025
Lock-in Period (50%)November 1, 2025
Check AllotmentCheck Status →
M&B Engineering Ltd. — Live Price LIVE
₹385.00
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Issue ₹385.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹385
GMPNIL
Est. Listing₹385
Lot Size38 shares
Min Amount₹29,260
Listing Date06 Aug 2025
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹385
Listing Date06 Aug 2025
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 16,888,474 100.00% ₹650.21 Cr
* Based on ₹385.00 (upper price band)
Lot Size & Investment Details
Lot Size
38
Shares
Issue Price
₹385.00
Per Share
Min Investment
₹14,630
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 38 ₹14,630
Retail (Max) 13 494 ₹190,190
sNII (Min) 14 532 ₹204,820
bNII (Min) 69 2,622 ₹1,009,470
Company Financials — Restated Consolidated (Amount in Crore)
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 996.89 808.26 889.00
EBITDA 126.38 79.62 66.43
Profit After Tax (PAT) 77.05 45.63 32.89
Net Worth 306.53 233.03 180.51
Total Assets 849.21 633.11 558.79
Reserves & Surplus 256.53 183.03 160.51
Total Borrowings 186.13 204.84 148.75
Key Ratios & Valuation
Issue Price ₹385
Face Value ₹10 Per Share
P/BV 6.28
RoE 25.13%
RoCE 24.80%
RoNW 25.14%
PAT Margin (%) 7.73%
EBITDA Margin (%) 12.78%
Debt / Equity 0.33
Company Details
Company
M&B Engineering Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
MB House, 51, Chandrodaya Society, Opp. Golden Triangle, Stadium Post Navjivan, Ahmedabad, Gujarat, 380014
Book Running Lead Managers
Equirus Capital Pvt.Ltd.
Book Running Lead Manager (BRLM)
Dam Capital Advisors Ltd.
Book Running Lead Manager (BRLM)