M&B Engineering IPO subscribed over 3.11x on Day 2

M&B Engineering IPO subscribed over 3.11x on its second day of subscription, wherein QIB subscribed 0.02x, NII subscribed 4.56x, and RII subscribed 10.16x.

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M&B Engineering IPO subscription started on Wednesday, July 30, 2025, and will close on August 1, 2025, as per the schedule. The price band is set at ₹366 to ₹385 per share with a face value of ₹10. 

M&B Engineering IPO subscription Status 

M&B Engineering IPO subscribed over 3.11x on its second day till 5.00 PM on 31 July 2025. 

  • M&B Engineering IPO subscription QIB investors portion is 0.02 times, while NII subscribed 4.56 times and RII investors subscribed 10.16 times.
  • The company has received bids for 2,89,24,498 shares against 93,13,449 shares on offer on the second day of subscription.
  • M&B Engineering IPO subscribed over 3.11x on its day 2. 
  • M&B Engineering IPO subscribed over 0.70x on its day 1. 

About M&B Engineering Company 

Founded in 1981, M&B Engineering Limited specializes in Pre-Engineered Buildings and Self-Supported Roofing solutions. Moreover, the company manufactures and installs self-supported steel roofing systems across India. The company focuses on pre-engineered buildings, structural steel, and steel roofing. It offers design-driven manufacturing services that include design, engineering, production, and testing to deliver safe, reliable, and high-performance structures. 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. The company also have capabilities to provide wide range of solutions for PEBs such as estimation, designing, 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 IPO 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. 

M&B Engineering IPO GMP: 

M&B Engineering IPO GMP was ₹65 as of Thursday, 31 July 2025. That indicates the IPO is trading at ₹450 with a ₹65 premium in the grey market against the issue price of ₹385.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.