M&B Engineering IPO is scheduled to open for subscription on July 30, 2025 and will close on August 1, 2025. The basis of allotment will be finalized on August 4, refunds will be processed on August 5, and shares will be credited to demat accounts on the same day. The IPO is expected to list on BSE and NSE on August 6, 2025.
This IPO is a Book Build Issue worth around ₹650 crores. It includes a fresh issue of ₹275 crores and an offer for sale (OFS) of 97,40,259 equity shares, valued at ₹375 crores. The price band is fixed at ₹366 to ₹385 per share, and each share has a face value of ₹10. The lot size for retail investors is 38 shares, requiring a minimum investment of ₹13,908. For small HNIs (sNII), the minimum application is 14 lots (532 shares) costing ₹2,04,820, while for big HNIs (bNII), it is 69 lots (2,622 shares) requiring an investment of ₹10,09,470.
The IPO quota is divided as follows: QIBs get 75%, HNIs have 15%, and retail investors have a smaller 10% reservation. On the financial front, the company has shown strong growth — revenue increased to ₹996.89 crores in FY2025 from ₹808.26 crores in FY2024, while profit rose to ₹77.05 crores from ₹45.63 crores during the same period. Based on these numbers, the company shows solid potential, and long-term investors may consider applying for this IPO.
Overview of Contents
M&B Engineering IPO Overview
| Particulars | Details |
|---|---|
| Face Value | ₹10 per equity share |
| Price Band | ₹366 to ₹385 per share |
| Lot Size | 38 Shares |
| Minimum Retail Investment | ₹13,908 (for 1 lot) |
| Issue Size | 1,68,83,116 shares (₹650.00 Cr) |
| Fresh Issue | 71,42,857 shares (₹275.00 Cr) |
| Offer for Sale (OFS) | 97,40,259 shares (₹375.00 Cr) |
| Issue Type | Book Building IPO |
| Listing At | BSE & NSE |
| Employee Discount | ₹36 per share |
| Retail Quota | Not more than 10% |
| QIB Quota | Not more than 75% |
| NII (HNI) Quota | Not more than 15% |
| Pre-Issue Shareholding | 5,00,00,000 shares |
| Post-Issue Shareholding | 5,71,42,857 shares |
M&B Engineering IPO Prospectus
| DRHP | Click here |
| RHP | Click here |
M&B Engineering IPO Dates
| Event | Date & Day |
|---|---|
| IPO Open Date | July 30, 2025 (Wednesday) |
| IPO Close Date | August 1, 2025 (Friday) |
| Basis of Allotment | August 4, 2025 (Monday) |
| Refunds Initiation | August 5, 2025 (Tuesday) |
| Credit to Demat Account | August 5, 2025 (Tuesday) |
| IPO Listing Date | August 6, 2025 (Wednesday) |
M&B Engineering IPO Lot Size
| Investor Category | Application Range (Lots) | No. of Shares | Total Amount (Approx) |
|---|---|---|---|
| B-HNI (Max) | 69 Lots | 2,622 Shares | ₹10,09,470 |
| S-HNI (Max) | 68 Lots | 2,584 Shares | ₹9,94,840 |
| S-HNI (Min) | 14 Lots | 532 Shares | ₹2,04,820 |
| Retail (Max) | 13 Lots | 494 Shares | ₹1,90,190 |
| Retail (Min) | 1 Lot | 38 Shares | ₹14,630 |
Object of the Issue
- Purchase of equipment, machinery, transport vehicles & solar rooftop grid
- Building construction at manufacturing facilities
- Investment in IT software upgradation
- Repayment/prepayment of existing term loans
- General corporate purposes
M&B Engineering IPO GMP
- To be Updated Soon
M&B Engineering IPO Financial Performance
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 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 |
| Reserves & Surplus | 256.53 | 183.03 | 160.51 |
| Total Assets | 849.21 | 633.11 | 558.79 |
| Total Borrowing | 186.13 | 204.84 | 148.75 |
M&B Engineering IPO Promoter Holding
The promoters of M&B Engineering include key individuals like Girishbhai Manibhai Patel, Chirag Hasmukhbhai Patel, Malav Girishbhai Patel, and associated family trusts such as the Chirag H Patel Family Trust and Vipin K Patel Family Trust. Their combined shareholding before the IPO stands at 100%, which will reduce post-issue once shares are allotted to the public.
M&B Engineering IPO Key Financial Ratios (FY2025)
| Metric | Value |
|---|---|
| 📌 Net Asset Value (NAV) | ₹61.31 |
| 📌 Earnings Per Share (EPS) | ₹15.41 (Basic) |
| 📌 Return on Net Worth (RoNW) | 25.14% |
| 📌 Return on Equity (ROE) | 25.13% |
| 📌 Return on Capital Employed (ROCE) | 24.80% |
| 📌 Profit After Tax (PAT) Margin | 7.73% |
| 📌 EBITDA Margin | 12.78% |
| 📌 Debt-to-Equity Ratio | 0.33 |
| 📌 Price/Earnings (P/E) Ratio | Not Available |
M&B Engineering IPO Review
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M&B Engineering IPO Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: mbengg.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Equirus Capital Private Limited
- Dam Capital Advisors Ltd
Company Address
M&B Engineering Ltd.
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/
M&B Engineering IPO FAQs
What is the open and close date of the M&B Engineering IPO?
The IPO opens on July 30, 2025 and closes on August 1, 2025.
What is the price band of M&B Engineering IPO?
The price band has not been officially disclosed yet. It will be updated once announced.
What is the minimum and maximum lot size for retail investors?
Minimum 1 lot (38 shares) for ₹14,630 and maximum 13 lots (494 shares) for ₹1,90,190.
Who are the promoters of M&B Engineering Limited?
The promoters include Girishbhai Manibhai Patel, Chirag H. Patel, Malav G. Patel, and their family trusts.
How much is the pre-issue and post-issue shareholding of promoters?
Promoter shareholding is 100% pre-issue. Post-issue percentage will be updated after final allotment.