M&B Engineering IPO Details
The M&B Engineering IPO is a book build issue with a total issue size of ₹650 cr, comprising of fresh issue of 7142857 equity shares., and a offer for sale of 9740259 equity shares. M&B Engineering IPO opened for subscription on Jul 30, 2025 and closed on Aug 01, 2025. M&B Engineering IPO is set price band at ₹366 to ₹385 per share, with a lot size of 38 shares. Minimum investment for Retail investors was ₹14,630.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Aug 04, 2025, and listed on both the NSE and BSE on Aug 06, 2025.
MUFG Intime India Private Limited has been appointed as the registrar. Equirus Capital Private Limited and Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) are the Book Running Lead Manager for the issue.
Before investing in the M&B Engineering IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 366 – 385
- Lot Size
- 38
- Issue Size
- ₹650 Cr
- Minimum Investment
- ₹14630 (38 Shares)
- Listing Date
- 06 August 2025
Current GMP
₹55 (+14.29%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About M&B Engineering Ltd
Incorporated in 1981, M&B Engineering Limited is a prominent Indian company specializing in Pre-Engineered Buildings (PEBs) and self-supported steel roofing solutions. With a strong focus on design-led manufacturing, the company provides end-to-end services including design, engineering, manufacturing, testing, and installation, ensuring high-performance and structurally reliable solutions.
Divisional Structure
Phenix Division
- Offers integrated PEB solutions, including the design and production of primary (frames, columns) and secondary (purlins, girts) structural components.
- Manufactures claddings, including pre-painted galvalume (PPGL) and standing seam roofing systems.
- Uses advanced design software and modern manufacturing techniques for efficiency, precision, and cost-effectiveness.
- Has delivered over 1,575 projects across 22 countries, supplying more than 610,000 MT of PEBs and structural steel since inception.
Proflex Division
- Specializes in self-supported steel roofing systems using mobile manufacturing units at client locations.
- Solutions include:
- RCC roof structures
- Steel roof structures
- L-section roof systems
- Completed over 7,825 roofing projects, installing more than 18 million square metres of roofing across India.
- Holds a dominant 75% market share in India’s self-supported roofing segment.
Manufacturing Infrastructure
- Sanand, Gujarat (since 2008)
- Cheyyar, Tamil Nadu (operational since 2024)
- Combined PEB manufacturing capacity: 103,800 MTPA
- Self-supported roofing capacity: 1.8 million square metres per annum
- Operates 14 mobile roofing units for on-site manufacturing and installation
Global & Domestic Reach
- Exported to 22 countries including the USA, Brazil, South Africa, Qatar, Sri Lanka, Morocco, Nigeria, Kenya, and Seychelles since FY 2010
- Served over 2,000 customer groups, including marquee clients such as:
- Adani Group
- Tata Advanced Systems
- Intas Pharmaceuticals
- Haldiram Foods
- Repeat business remains a significant contributor to revenue
Product Range
Phenix Division
- Primary Structures: Columns, rafters, rigid frames
- Secondary Structures: Purlins, girts
- Roofing & Cladding: Pre-painted galvalume (PPGL), standing seam roofs, coated sheet systems
Proflex Division
- Roofing systems for:
- RCC structures
- Steel structures
- L-section configurations
Competitive Strengths
- Market Leadership: Among the top domestic PEB manufacturers and the leading provider of self-supported roofing in India
- AISC Certification: Only Indian PEB manufacturer certified by the American Institute of Steel Construction
- Robust Order Book: Valued at INR 8,428.38 million as of June 30, 2025
- Strategic Manufacturing Locations: Backed by full-fledged in-house design and engineering teams
- Comprehensive Solutions: Ability to serve multiple industries, including general engineering, manufacturing, F&B, logistics, textiles, power, and railways
Conclusion
M&B Engineering Limited stands as a trusted and innovative leader in India’s industrial construction landscape, offering comprehensive structural and roofing solutions through its Phenix and Proflex divisions. With a global footprint, cutting-edge technology, and a strong client base, the company continues to expand its presence and redefine standards in the PEB and roofing sectors.
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M&B Engineering IPO Promoters
- Girishbhai Manibhai Patel
- Chirag Hasmukhbhai Patel
- Malav Girishbhai Patel
- Birva Chirag Patel
- Vipinbhai Kantilal Patel
- Aditya Vipinbhai Patel
- Leenaben Vipinbhai Patel
- Chirag H Patel Family Trust
- Vipin K Patel Family trust
- MGM5 Family Trust
- MGM11 Family Trust
- Aditya V Patel Family Trust
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
0.00%
M&B Engineering IPO Objective
The Company M&B Engineering IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- 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
Address / Contact Info
M&B Engineering Limited
MB House, 51, Chandrodaya Society,
Opp. Golden Triangle, Stadium
Post Navjivan,
Ahmedabad, Gujarat, 380014
Phone: +91 79- 264637
Email: compliance@mbel.in
Website: http://www.mbel.in/
IPO Snapshot
Book Running Lead Managers
- Equirus Capital Private Limited
- Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
M&B Engineering IPO is a Book-building IPO with a total issue size of ₹650 crore. The M&B Engineering IPO price band is ₹366 to 385 per share. The M&B Engineering IPO subscription opens on Wed, Jul 30, 2025, and closes on Fri, Aug 1, 2025. The M&B Engineering IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the M&B Engineering IPO.
The M&B Engineering IPO opens on Wed, Jul 30, 2025 and closes on Fri, Aug 1, 2025
M&B Engineering IPO Price Band is ₹366 to 385 per share.
M&B Engineering IPO lot size is 38 shares, Retail investors need a minimum investment of ₹14630 based on the upper price band
The minimum investment for M&B Engineering IPO is ₹14630, based on one lot of 38 shares at the upper price band of ₹385 per share.
Investors can apply for the M&B Engineering IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Aug 1, 2025. The application amount remains blocked until the M&B Engineering IPO allotment is finalized.
M&B Engineering IPO issue size is ₹650 crores.
M&B Engineering IPO allotment date is Wed, Jul 1, 2026.
The registrar for M&B Engineering IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check M&B Engineering IPO allotment status, refund processing, and other IPO-related information.
The M&B Engineering IPO GMP (Grey Market Premium) is ₹55 as of Wed, Aug 6, 2025. Based on the upper price band of ₹385 per share, the estimated M&B Engineering IPO listing price is ₹440, indicating a potential listing gain of approximately 0% over the issue price.