M&B Engineering IPO Date, Review, Price, Details
M&B Engineering is set to open its IPO for subscriptions from July 30 to August 1, 2025, via a Book Build Issue. The company is targeting to raise approximately ₹650crores, comprising a fresh issue of ₹275crores and an offer for sale of up to 97,40,259 equity shares, each with a face value of ₹10. The IPO price band is fixed between ₹366 and ₹385 per share. The allocation divides shares among retail investors (10%), Qualified Institutional Buyers (75%), and High Networth Individuals (15%). The allotment announcement is scheduled for August 4, 2025, with the listing on BSE and NSE expected on August 6, 2025.
In terms of financial performance, M&B Engineering posted revenue of ₹996.89crores for 2025, a significant increase from ₹808.26crores the previous year. Profit after tax also saw a notable jump, reaching ₹77.05crores in 2025 compared to ₹45.63crores in 2024.

M&B Engineering IPO Market Lot Size
The M&B Engineering IPO minimum market lot is 38 shares with ₹14,630 application amount. The retail investors can apply up-to 13 lots with 494 shares of ₹1,90,190 amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 38 | ₹14,630 |
Retail Maximum | 13 | 494 | ₹1,90,190 |
S-HNI Minimum | 14 | 532 | ₹2,04,820 |
B-HNI Minimum | 69 | 2,622 | ₹10,09,470 |
M&B Engineering IPO Details
IPO Open Date: | July 30, 2025 |
IPO Close Date: | August 1, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹366 to ₹385 Per Share |
Issue Size: | Approx ₹650 Crores |
Fresh Issue: | Approx ₹275 Crores |
Offer for Sale: | Approx 97,40,259 Equity Shares |
Lot Size: | 38 Shares |
Issue Type: | Book Build Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 10% |
QIB Quota: | Not more than 75% |
NII Quota: | Not more than 15% |
M&B Engineering IPO Valuation – FY2025 (KPI)
Check M&B Engineering IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 25.13% |
ROCE: | 24.80% |
EBITDA Margin: | 12.78% |
PAT Margin: | 7.73% |
Debt to equity ratio: | 0.33 |
Earning Per Share (EPS): | ₹15.41 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 25.14% |
Net Asset Value (NAV): | ₹61.31 |
M&B Engineering IPO Company Financial Report
The company reported revenue of ₹996.89 crores in 2025 against ₹808.26 crores in 2024. The company reported profit of ₹77.05 crores in 2025 against profit of ₹45.63 crores in 2024.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹698.92 | ₹675.94 | ₹16.31 | ₹547.11 |
2023 | ₹889.00 | ₹843.52 | ₹32.89 | ₹558.79 |
2024 | ₹808.26 | ₹747.38 | ₹45.63 | ₹633.11 |
2025 | ₹996.89 | ₹894.65 | ₹77.05 | ₹849.21 |
M&B Engineering IPO Dates
The M&B Engineering IPO date is July 30 and the close date is August 1. The M&B Engineering IPO allotment will be finalized on August 4 and the IPO listing on August 6.
IPO Open Date: | July 30, 2025 |
IPO Close Date: | August 1, 2025 |
Basis of Allotment: | August 4, 2025 |
Refunds: | August 5, 2025 |
Credit to Demat Account: | August 5, 2025 |
IPO Listing Date: | August 6, 2025 |
Promoters of M&B Engineering IPO
The promoters of the company are 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 and Aditya V Patel Family Trust.
About M&B Engineering IPO
M&B Engineering Limited, established in 1981, is a specialist in Pre-Engineered Buildings (PEBs) and self-supported steel roofing solutions. The company designs, manufactures, and installs steel roofing systems throughout India, focusing on structural steel and pre-engineered building components. Their comprehensive services encompass design, engineering, production, and rigorous testing to ensure the delivery of safe, durable, and high-quality structural solutions. M&B Engineering caters to a diverse range of industries, including general engineering, manufacturing, food and beverage, warehousing, logistics, power, textiles, and railways. Additionally, the company offers end-to-end PEB solutions, covering estimation, design, engineering, and manufacturing. As of March 2025, M&B Engineering has successfully completed over 9,500 projects through its Phenix and Proflex divisions.
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Pennar Industries Limited | 8.84 | 25.23 | 11.96% | 73.99 | 3226.58 Cr. |
Bansal Roofing Products Limited | 4.20 | 28.39 | 16.71% | 25.13 | 96.63 Cr. |
BirlaNU Limited | (43.63) | NA | (2.72)% | 1,606.51 | 3615.23 Cr. |
Everest Industries Limited | (2.28) | NA | (0.60)% | 377.13 | 1722.82 Cr. |
Interarch Building Products Limited | 68.51 | 33.69 | 14.35% | 451.56 | 1453.83 Cr. |
Objects of the IPO
Financing capital expenditures for acquiring equipment, machinery, building improvements, solar rooftop installations, and transport vehicles at the manufacturing facilities
Investing in upgrading the company’s IT software systems
Repaying or prepaying, wholly or partially, certain term loans borrowed by the company
Utilizing funds for various general corporate and operational purposes
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: [email protected]
Website: http://www.mbel.in/
M&B Engineering IPO Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Check Grey market premium at below
(GMP)