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Home
InvestmentsIPOM&B Engineering IPO

M&B Engineering IPO

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Open Date

30 Jul 2025

Close Date

1 Aug 2025

Min Investment

₹ 13,908

Max Investment

₹ 5,00,000

Lot Size

38

Issue Size

₹ 377.23 Cr

Price Range

₹ 366 - ₹ 385
status

This IPO is now Live.

Click here for live price
IPO Timeline
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IPO Offer Start
30 Jul 2025
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IPO Offer Ends
1 Aug 2025
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Allotment Finalisation
4 Aug 2025
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Refund Initialisation
5 Aug 2025
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Non-Institutional Buyers (sHNI)
5 Aug 2025
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Listing of Shares
6 Aug 2025
IPO Subscription Details as on 8 Dec 2025, 12:16 PM
Qualified Instituational Buyers (QiB)
38.63 x
Retail
34.03 x
Employees
8.57 x
Non-Institutional Buyer (bHNI)
39.68 x
Non-Institutional Buyer (sHNI)
41.28 x
Note: This information is provided for general guidance only. Dates may be subject to change.
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About the Company
The company is one of the leading players in terms of installed capacity in the domestic PEB industry with presence in international markets. It provides a wide range of specialised products and services, making it a comprehensive solution provider for its customers. The company has relationships with customers across a diverse set of industries with an order book of ₹ 8,428.38 million as of June 30, 2025. The company has strategically located manufacturing facilities for PEBs with comprehensive in-house design and engineering capabilities and 14 mobile manufacturing units for self-supported roofing systems. The company is led by experienced and dedicated promoters and a professional management team with domain knowledge. The company aims to leverage its leading position in the domestic PEB market to capitalize on the expected industry growth and continue to strengthen and consolidate its presence in the self-supported steel roofing market in India. The company plans to augment its manufacturing facilities in its Phenix Division to better serve its customers by setting up strategically located facilities. The company also aims to increase revenue contribution from exports by focusing on the USA and other key markets, and expand its business through strategic alliances or inorganic opportunities.
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Founded In

1981

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CEO

Chirag Hasmukhbhai Patel

Financials of Mb Engineering IPO

Income Statement
Balance Sheet
Cash Flows
Total Income
Total Expenses
Total Profit
Key Performance IndicatorsMar 2023Mar 2024Mar 2025
Operating Revenue88,047.0079,506.0098,855.40
Other Income853.401,320.00833.50
Total Income
88,900.4080,826.0099,688.90
Total Expenses
84,352.0074,737.6089,465.30
Profit Before Tax4,548.406,088.4010,223.60
Total Profit
3,289.204,563.407,704.70

All figures are in lakhs (₹)

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Utilisation of Proceeds

All figures are in lakhs (₹)

PurposeAmount
Purchase of equipment and machinery, building works, solar rooftop grid and transport vehicles at Manufacturing Facilities to enhance manufacturing capabilities13,058
Upgrade existing SAP S/4 HANA software to 'Rise with SAP S/4 HANA' to improve operational efficiencies and enhance productivity520
Repay or pre-pay certain term loans availed by the Company to reduce outstanding indebtedness and improve debt-equity ratio5,875
Fund ongoing general corporate contingencies, strategic initiatives, acquisitions, working capital requirements and other business purposes-
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  • Leading player in the domestic PEB industry with international presence: The company is one of India's leading Pre-Engineered Buildings (PEBs) players with installed capacity greater than 100,000 MTPA. It has a total installed capacity of 103,800 MTPA for PEB structures and 1,800,000 square metres per annum for Self-Supported Roofing solutions as of March 31, 2025. The company has served customers in 22 countries since Fiscal 2010, including the US, Brazil, South Africa, Qatar, Sri Lanka, Morocco, Nigeria, Kenya and Seychelles.
  • Comprehensive product and service offerings: The company provides a wide range of specialized products and services, making it a comprehensive solution provider for customers. It offers innovative design, manufacturing and installation of pre-engineered metal buildings, complex structural steel components and self-supported steel roofing. The company has the flexibility to cater to diverse customer requirements, from simple PEB structures to complicated constructions.
  • Strong customer relationships across diverse industries: The company has established long-term relationships with customers across diverse industries. It has served over 2,000 customer groups from industries like general engineering, food and beverages, warehousing, power, textiles and railways. As of June 30, 2025, the company had an order book of ₹8,428.38 million. It has had relationships of over 15 years with some customers and gets significant repeat orders.
  • Strategically located manufacturing facilities with in-house capabilities: The company has two strategically located manufacturing facilities at Sanand, Gujarat and Cheyyar, Tamil Nadu for PEBs and structural steel components. It also has 14 mobile manufacturing units for self-supported roofing systems. The facilities have advanced equipment and the company has comprehensive in-house design and engineering capabilities with 98 employees in this team as of March 31, 2025.
  • Experienced management and strong financial performance: The company is led by experienced promoters in the PEB and structural steel industry. It has dedicated teams for each division led by experienced professionals. The company has delivered strong financial performance with revenue from operations of ₹9,885.54 million, EBITDA of ₹1,263.77 million and PAT of ₹770.47 million in Fiscal 2025.

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©2021-2025 Raise Securities Private Limited (formerly Moneylicious Securities Private Limited). All rights reserved. CIN: U74999MH2012PTC433549 Raise Securities is part of Raise Financial Services.

SEBI Stock Broker Registration No: INZ000006031 | Depository Participant (CDSL) ID: IN-DP-289-2016 | SEBI Research Analyst Registration No: INH000023357
Exchange Membership No. : NSE: 90133 | BSE: 6593 | MCX: 56320
Registered & Corporate Office: Unit No. 2201, 22nd Floor, Gold Medal Avenue, S.V. Road, Beside Patel Petrol Pump, Piramal Nagar, Goregaon West, Mumbai – 400104, Customer Care: 9987761000.


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