M AND B ENGINEERING LIMITED
₹ 366 - ₹ 385
30-Jul-2025 - 01-Aug-2025
₹ 14630.00

/ 38 Shares

M AND B ENGINEERING LIMITED

30-Jul-2025 - 01-Aug-2025

₹ 366 - ₹ 385

Price Band

₹ 14630.00

Minimum Investment

38

Bid Lot

16,888,476

Shares
  • Face Value - ₹ 10/- Per Share

  • Listing at BSE, NSE

  • 44,292 Application Required in Retail for 1 Time.

  • Registrar : Link Intime India Private Ltd

IPO Details

Category % Shares/Amount
QIB 75% 12,623,377 Shares RS.486.00 CR
HNI 1 5% 841,558 Shares RS.32.40 CR @ 1582 FORM 1X
HNI 2 10% 1,683,117 Shares RS.64.80 CR @ 3164 FORM 1X
Retail 10% 1,683,117 Shares RS.64.80 CR @ 44293 FORM 1X
Employee 0% 57,307 Shares RS.2.00 CR

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
44293 FORM 1X 1582 FORM 1X 3164 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 38 ₹ 14,630
Retail (Upto 2 Lakh) 13 494 ₹ 190,190
S-HNI (2 Lakh to 10 Lakh) 14 532 ₹ 204,820
S-HNI (2 Lakh to 10 Lakh) 68 2584 ₹ 994,840
B-HNI (Above 10 Lakh) 69 2622 ₹ 1,009,470

IPO Timeline

  • Open Date

    30-Jul-2025
  • Close Date

    01-Aug-2025
  • Basis of Allotment Date

    04-Aug-2025
  • Initiation of Refunds

    05-Aug-2025
  • Credit Shares to Demat A/c

    05-Aug-2025
  • IPO Listing Date

    06-Aug-2025

Subscription as on
01-Aug-2025 17:40

Category Book Size Subscription No. of Times
QIB 5,049,351 ₹ 194.40 Cr. 195,038,078 ₹ 7508.97 Cr. 38.63x
HNI (<10 LAKH) 841,558 ₹ 32.40 Cr. 34,781,932 ₹ 1339.10 Cr. 41.33x
HNI2 (>10 LAKH) 1,683,117 ₹ 64.80 Cr. 66,780,174 ₹ 2571.04 Cr. 39.68x
RETAIL 1,683,117 ₹ 64.80 Cr. 57,625,784 ₹ 2218.59 Cr. 34.24x
EMP 57,307 ₹ 2.21 Cr. 492,936 ₹ 18.98 Cr. 8.60x
Total 9,314,450 354,718,904 38.08x
Category Book Size Subscription No. of Times
QIB 5,049,351 ₹ 194.40 Cr. 195,038,078 ₹ 7508.97 Cr. 38.63x
HNI (<10 LAKH) 841,558 ₹ 32.40 Cr. 34,781,932 ₹ 1339.10 Cr. 41.33x
HNI2 (>10 LAKH) 1,683,117 ₹ 64.80 Cr. 66,780,174 ₹ 2571.04 Cr. 39.68x
RETAIL 1,683,117 ₹ 64.80 Cr. 57,625,784 ₹ 2218.59 Cr. 34.24x
EMP 57,307 ₹ 2.21 Cr. 492,936 ₹ 18.98 Cr. 8.60x
Total 9,314,450 354,718,904 38.08x

*Excluding Anchor

Total No. of Application Approx : ~1368382 (30.89 Appwise)

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

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.
Read More

Strengths

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.

Company Promoters

Company Financials

Period Ended 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 849.21 633.11 558.79
Revenue 996.89 808.26 889.00
Profit After Tax 77.05 45.63 32.89
EBITDA 126.38 79.62 66.43
Net Worth 306.53 233.03 180.51
Reserves and Surplus 256.53 183.03 160.51
Total Borrowing 186.13 204.84 148.75
Amount in ? Crore

Objects of the Issue

The Company M&B Engineering IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

S.No. Objects of the Issue Expected Amount (? in crores)
1 Funding the capital expenditure requirements for the purchase of equipment and machinery, building works, solar rooftop grid and transport vehicles at our Manufacturing Facilities 130.58
2 Investment in IT software upgradation by our Company 5.20
3 Re-payment or pre-payment of term loans, in full or in part, of certain borrowings availed by our Company 58.75
4 General corporate purposes

How to Apply

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  • Step 01 :

    Once you create your account, Login to Us.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with Us, in just a few clicks your application is processed. You can bid for any IPO through Us, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
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  • Enter the number of shares you wish to buy, as per the lot size.
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  • Maximum three bids will be accepted.
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  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
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