M&B Engineering IPO Day 3 - Issue Subscribed 38.5x, GMP at ₹44
The bidding window for M&B Engineering IPO will close today on August 1, 2025 for public subscription. The company launched its IPO on July 30, 2025 with an issue size of ₹650.00 crores. The allotment process for the public issue is expected to be finalised on Monday, August 4, 2025. The company’s shares will be listed on both BSE and NSE, with a tentative listing date of Wednesday, August 6, 2025.
IPO Details
M&B Engineering IPO is a bookbuilding of ₹650.00 crores. The issue is a combination of fresh issue of 0.71 crore shares aggregating to ₹275.00 crores and offer for sale of 0.97 crore shares aggregating to ₹375.00 crores.
The IPO price band is set between ₹366 to ₹385 per share. The minimum lot size for an application is 38 and the minimum investment amount required for retail investor is ₹13,908 (38 shares).
Equirus Capital Private Limited is the book-running lead manager of the M&B Engineering IPO, while MUFG Intime India Private Limited (Link Intime) is the registrar for the issue.
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M&B Engineering IPO Day 3 Subscription Status
(August 1, 2025, 5 PM)
On Day 3, M&B Engineering IPO saw a subscription of 38.10 times. The public issue was subscribed 34.35 times in the retail category, 38.63 times in QIB, and 40.22 times in the NII category.
|
IPO Day (EOD) |
Subscription Status |
|||
|
QIB |
NII |
Retail |
Total |
|
|
Day 1 |
0.00 |
0.70 |
2.77 |
0.70 |
|
Day 2 |
0.02 |
4.56 |
3.81 |
3.11 |
Also Read : M&B Engineering IPO Day 1 Subscription Status , M&B Engineering IPO Day 2 Subscription Status
Utilisation of Proceeds
The Company will utilise the net proceeds from the issue for the following purposes:
- Funding the capital expenditure requirements for the purchase of equipment and machinery, building works, solar rooftop grid and transport vehicles at our Manufacturing Facilities.
- Investment in IT software upgradation by our Company.
- Re-payment or pre-payment of term loans, in full or in part, of certain borrowings availed by our Company.
- General corporate purposes.
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M&B Engineering GMP Details
According to Investorgain, the Grey Market Premium (GMP) of M&B Engineering is ₹57 as of August 1, 2025, 09:33 a.m. This indicates that the estimated listing price can be ₹442 as per the upper price band, which is ₹385. The estimated gain per share is 14.81%.
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Source: Investorgain Media Report dated August 1, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
M&B Engineering Ltd - Business Overview
M&B Engineering Ltd is one of India’s leading providers of Pre‑Engineered Buildings (PEBs) and self-supported steel roofing solutions. Headquartered in Ahmedabad, Gujarat, the company operates two major manufacturing facilities in Sanand (Gujarat) and Cheyyar (Tamil Nadu) with a combined installed capacity of 103,800 MTPA for PEBs and 1.8 million sq metres/year for roofing as of FY25.
Financially, the company saw a growth in FY25 with revenue of approximately ₹989 crore (up by 24% YoY) and net profit of around ₹77 crore (up by 69% YoY).
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