M&B Engineering
06 Aug '25MAINBOARD
Min. Investment
₹13,908
Issue size
₹650 Cr
GMP
Locked
Overall subscription: 36.07x
Check allotment status
Expert verdict
IPO dates
30 Jul
Opening
01 Aug
Closing
04 Aug
Allotment
06 Aug
Listing
*Refunds will be initiated on 05 Aug '25
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 38 | ₹14,630 |
| HNI (Min) | 14 | 532 | ₹2,04,820 |
Subscription (as on 18 October 2025, 08:30 AM)
Overall36.07x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 1981|MD: Mr Chirag Hasmukhbhai Patel and Mr Malav Girishbhai Patel
- M&B Engineering is involved in the design, engineering, manufacturing, and erection of pre-engineered buildings (PEBs) and self-supported steel roofing solutions. Its operations are structured into two divisions: the Phenix division, which focuses on PEBs and structural steel components, and the Proflex division, which provides self-supported roofing systems.
- The Phenix division handles end-to-end solutions, including estimation, design, and erection for industrial structures, while also manufacturing steel components for bridges and power plants. The Proflex division operates mobile units for on-site production and installation of roofing systems.
- The company serves sectors such as general engineering, food and beverage, logistics, textiles, power, and railways.
- M&B Engineering has two manufacturing facilities located in Sanand (Gujarat) and Cheyyar (Tamil Nadu).
- Use of proceeds:
- The IPO consists of both a fresh issue and an offer for sale (OFS). The net proceeds from the OFS will go to the respective selling shareholders, while the net proceeds from the fresh issue will be utilised for the following purposes:
- To fund the capital expenditure requirements for the purchase of equipment and machinery, building works, solar rooftop grid, and transport vehicles at the company’s manufacturing facilities.
- Investment in information technology (IT) software upgradation by the company.
- Repayment/ pre-payment of term loans, in full or in part, of certain borrowings availed of by the company.
- General corporate purposes.
Issue Details & Objective
Lot size
38 Shares
Price band
₹366 to 385
Face value
₹10 per share
- Funding the capital expenditure requirements for the purchase of equipment and machinery, building works, solar rooftop grid and transport vehicles at our Manufacturing Facilities
- Investment in IT software upgradation by our Company
- Re-payment or pre-payment of term loans, in full or in part, of certain borrowings availed by our Company
- General corporate purposes
Financials
Download DRHP (IPO Doc)FAQs
Should I apply for the M&B Engineering IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of M&B Engineering IPO?
The issue size of M&B Engineering IPO is ₹650 Cr
What are the open and close dates for M&B Engineering IPO?
The M&B Engineering IPO will be open for applications from 30 Jul '25 to 01 Aug '25
What is the lot size and minimum order quantity of M&B Engineering IPO?
The lot size of M&B Engineering IPO is 38 Shares and its minimum investment amount is ₹13,908.
What is the GMP value of M&B Engineering IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for M&B Engineering IPO is 13.25
