M&B Engineering IPO: GMP, price band, key dates, and financials
- Krishna Priya
- Jul 29
- 2 min read
The company has set a price band of ₹366 to ₹385 per equity share, with a lot size of 38 shares, translating to a minimum investment of ₹14,630 for retail investors.
IPO Snapshot
Total Issue Size | ₹650 Cr |
Fresh Issue | ₹275 Cr |
Offer for Sale | ₹375 Cr |
Face Value | ₹10 |
Price Band | ₹366 to ₹385 |
Lot Size | 38 shares |
Minimum Investment | ₹14,630 |
Listing | BSE, NSE |
Anchor Investors | 29 July, 2025 |
Opens | 30 July, 2025 |
Closes | 1 August, 2025 |
Incorporated in 1981, M&B Engineering Limited is a leading provider of Pre-Engineered Buildings (PEBs) and self-supported steel roofing solutions in India. The company offers end-to-end, design-led manufacturing services, including engineering, fabrication, and testing, tailored for sectors such as logistics, textiles, power, food & beverages, and railways. It operates two modern manufacturing facilities in Sanand (Gujarat) and Cheyyar (Tamil Nadu) with a combined PEB capacity of 103,800 MTPA. Since FY2010, M&B Engineering has also exported its structural solutions to 22 countries, including the USA, Brazil, South Africa, and Qatar.
Financial Performance
Period Ended | Revenue (Sales) | Profit After Tax (PAT) |
31 Mar 2025 | 988.55 | 77.05 |
31 Mar 2024 | 795.06 | 45.63 |
31 Mar 2023 | 880.47 | 32.89 |
GMP (Grey Market Premium)
As of now, the Grey Market Premium (GMP) for M&B Engineering IPO stands at ₹34, indicating a potential listing price of approximately ₹419, translating to an expected gain of around 8.83% over the upper price band.
Peer Comparison
Company Name | CMP (₹) | Market Cap | P/E | Sales | OPM % | PAT (TTM) |
M&B Engineering | — | — | — | 988.55 | — | 77.05 |
Interarch Building | 2250.00 | 3,744.11 | 34.69 | 1453.83 | 9.37 | 107.83 |
Everest Industries | 540.45 | 854.97 | — | 1722.82 | 1.74 | -11.82 |
Birla Precision (BirlaNu Ltd) | 2284.75 | 1,722.92 | — | 3615.23 | 1.67 | -89.28 |
Bansal Roofing | 126.80 | 167.17 | 30.22 | 96.63 | 9.50 | 5.54 |
Pennar Industries | 248.30 | 3,350.80 | 28.10 | 3226.58 | 9.61 | 119.27 |
Use of Proceeds
The net proceeds from the IPO will primarily be used to fund capital expenditure amounting to ₹130.58 crore for equipment, machinery, infrastructure development, solar rooftop installation, and transport vehicles at the company’s manufacturing facilities. Additionally, ₹5.20 crore will be allocated for IT software upgrades, while ₹58.75 crore is earmarked for partial or full repayment of existing term loans. The remaining funds will be used for general corporate purposes.
Disclaimer: This content is for educational purposes only; please conduct your own research and consult with a qualified investment advisor before making any investment decisions.
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