As an investor, deciding whether the IPO is Good or Bad to invest in can often be challenging. If you are confused and worried about whether to apply or not to the M&B Engineering IPO. Then worry not, here we are describing 10 important key points & an in-depth, detailed M&B Engineering IPO review which will help you to make the decision.
Strengths and Weaknesses of M&B Engineering IPO
Strengths:
- M&B Engineering is one of the leading players in the Indian pre-engineered building (PEB) industry in terms of installed capacity, with a presence in international markets.
- The company provides a variety of specialised products and services, making it a one-stop solution provider for its customers.
- They are guided by experienced and dedicated promoters, and a professional management team, which makes them one of the growing companies in the pre-engineered building industry the India.
Weaknesses:
- The company’s business mainly depends on its manufacturing facilities, which use heavy machinery, meaning there are certain risks involved in the manufacturing process, like slowdown, shutdown, strike, work stoppage, which can badly affect the business, cash flow, and overall performance.
- M&B Engineering mostly generates its revenue from designing, manufacturing, and installing pre-engineered buildings. If the demand for these buildings drops or slows down can badly affect the business, cash flow, and finances.
- The company has established a presence among customers to meet high-quality and performance standards. Unable to match those expectations of clients can lead to issues like order cancellations, recalls, penalties, or claims, which will harm their reputation.
- The part of its revenue comes from a few key customers and through repeat orders from them. In case of losing any of those customers or receiving a few orders from them can lead to cash flow, financial issues, and performance issues.
M&B Engineering IPO Details
| IPO Size | ₹650 crores |
| Offer-for-sale | 97,40,259 equity shares |
| Fresh issue | ₹275 crores |
| Price band | ₹366 to ₹385 |
| Subscription | Opens on July 30, 2025, and the closing date is on August 1, 2025 |
| Purpose of IPO | Fresh Issue and Offer-for-Sale |
M&B Engineering IPO Open and closing date?
M&B Engineering IPO will open for subscription on July 30, 2025, and close for subscription on August 1, 2025.
What is the size of the M&B Engineering IPO?
The company planned to raise funds of around ₹650 crores via IPO. This IPO comprises both a fresh issue of ₹275 crores and an Offer-for-sale up to 97,40,259 equity shares with a face value of ₹10 each.
What are the subscription details of the M&B Engineering IPO?
The M&B Engineering IPO price range is set at ₹366 to ₹385 per share. In this IPO, a total of 38 shares were available in 1 lot size for the minimum Retail category, and for the maximum retail category, 494 shares in 13 lot sizes were available, and for the S-HNI Minimum category, 532 shares were available in 14 lot sizes. While for the B-HNI Minimum category, 2,622 shares were available in 69 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,630 and maximum investment of ₹1,90,190.
- Small HNI (S-HNI): Minimum investment of ₹2,04,820.
- Big HSI (S-HNI): A minimum investment of ₹10,09,470 is required.
What is the M&B Engineering IPO listing Date?
M&B Engineering is a Mainboard IPO shares will be listed on August 6, 2025, on the BSE (Bombay Stock Exchange) & NSE (National Stock Exchange).
What are the objectives of the M&B Engineering IPO Issue?
The objective behind raising funds via IPO is to use the funds towards the capital expenditure requirements for the purchase of equipment and machinery, building works, solar rooftop grid, and transport vehicles at our Manufacturing Facilities. Some funds will be used for the Investment in IT software upgradation by our Company. Many funds will be used towards the Repayment or prepayment of term loans, in full or in part, of certain borrowings availed by our Company. The remaining funds will be used to support the general corporate purposes of the company.
About M&B Engineering
M&B Engineering Limited, incorporated in 1981, is a growing company that focuses on Pre-engineered buildings and Self-Supported Roofing solutions. Across India, the company manufactures and installs self-supported steel roofing systems. The company focuses on pre-engineered buildings, structural steel, and steel roofing. M&B Engineering provides design-driven manufacturing services that comprise design, engineering, production, and testing to deliver safe, reliable, and high-performance structures. The company also has capabilities to provide a wide range of solutions for PEBs, such as estimation, design, engineering, and manufacturing. The Company also has successfully executed more than 9,500 projects under our Phenix and Proflex Divisions as of March 2025. M&B Engineering has served clients across a wide range of industries, such as general engineering, manufacturing, food and beverages, warehousing, logistics, power, textiles, and railways.
M&B Engineering IPO Financials
The company reported revenue of ₹996.89 crores in 2025 against ₹808.26 crores in 2024. The company reported a profit of ₹77.05 crores in 2025 against a profit of ₹45.63 crores in 2024.
M&B Engineering IPO Promoters
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.
Who are the M&B Engineering IPO lead managers and registrar?
Equirus Capital Private Limited and Dam Capital Advisors Ltd are the lead managers of M&B Engineering, while MUFG Intime India Private Limited is the registrar of the company.
Should you apply or not for the M&B Engineering IPO?
Whether to apply or not for the M&B Engineering IPO depends on your investment goals and risk appetite. M&B Engineering Limited is launching a ₹650 crore IPO, which includes a fresh issue and an Offer-for-Sale. The quota is split as 75% to institutional investors, 15% to HNIs, and just 10% for retail investors. M&B Engineering is one of the growing players in India’s pre‑engineered buildings (PEB) and self‑supported steel roofing segments, with an installed capacity (103,800 MTPA related to PEB and 1,800,000 square metres per annum.
If we talk about the company’s revenue, in FY25, the company generated a revenue of ₹988 crore, and Profit After Tax rose to ₹77 crore, showcasing a strong financial condition. Integrated design-to-installation services, diversified customer base, and growing financial performance are some of the strengths of the company. Whereas, volatility, dependence on large customers, and dependency on manufacturing facilities are some of the risks associated with the company. Now the question that arises is, should you apply or not for the IPO? If you believe that India’s infrastructure-building market will grow, then this IPO can be worth considering. However, we recommend always doing a good financial background check on the company you want to invest in, and investing at your own risk.
