M & B Engineering Ltd

M & B Engineering Ltd IPO

M & B Engineering Ltd IPO Price Range is ₹366 - 385, with a minimum investment of ₹14,630 for 38 shares.

₹14,630

/ 38 shares

Minimum Investment

View M & B Engineering Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Live

Price Band

₹366 - 385

Open Date

2025-07-30

Close Date

2025-08-01

IPO Size

₹650.00 Cr

Lot Size

38 shares

Min Investment

₹14,630

Listing Exchange

NSE

M & B Engineering Ltd IPO Application Timeline

passed
Open Date30 Jul 2025
upcoming
Close Date1 Aug 2025
Allotment Date4 Aug 2025
Listing Date6 Aug 2025

IPO Subscription Status

IPO subscribed over

🚀 2.936x

This IPO has been subscribed by 9.573x in the retail category and 0.016x in the QIB category.

Subscription Rate

Total Subscription2.936x
Retail Individual Investors9.573x
Qualified Institutional Buyers0.016x
Non Institutional Investors4.337x

Strengths and Risks

Strengths

Strengths

  • One of the leading players in terms of installed capacity in the domestic PEB industry with presence in international markets.

  • We provide a wide range of specialised products and services, making us a comprehensive solution provider for our customers.

  • Relationships with customers across a diverse set of industries with an order book of ?8,428.38 million as of June 30, 2025.

  • Strategically located manufacturing facilities for PEBs with comprehensive in-house design and engineering capabilities and 14 mobile manufacturing units for self-supported roofing systems.

  • Experienced and dedicated promoters and professional management team with domain knowledge.

  • Sustained track record of financial performance.


Risks

Risks

  • The company business is dependent on and will continue to depends on its Manufacturing Facilities, and the company is subject to certain risks in its manufacturing process due to the usage of heavy machinery in the company manufacturing operations. In the past, there have been four instances of death in the course of its operations at the company project sites. Any slowdown or shutdown in its manufacturing operations or strikes or work stoppages could have an adverse effect on the company business, cash flows, financial condition and results of operations.

  • The company derives a majority portion of its revenues from the design, manufacture and installation of pre-engineered buildings. Loss or decline in the demand of pre-engineered buildings may result in an adverse effect on the company business, revenue from operations and financial condition.

  • The company is measured against high quality standards and stringent performance requirements by its customers. Any failures by the company to comply with these standards or performance requirements may lead to the cancellation of existing and future orders, recalls, liquidated damages, invocation of performance bank guarantees or warranty and indemnity or liability claims, which could adversely affect its reputation, business, results from operations, financial conditions and cash flows.

  • Its net cash flow from operating activities has reduced over Fiscal 2023 to Fiscal 2024. If the cash flow from operations continues to remain subdued, the company may have to curtail our scale of business, and its may be unable to meet the company financial obligations which may impact its overall financial stability and performance.

  • Some of its Directors and Promoters may have interest in entities, which are in businesses similar to its and this may result in conflict of interest with the company. Further, its Subsidiaries are in the same line of business as it, which may result in a conflict of interest.

  • The company derives a portion of its revenues from few customers and repeat orders which the company identify as orders placed by customer groups that have placed orders with the Company previously. For Fiscal 2025, 57.32% of its consolidated revenue from operations was derived from repeat customers, and 42.64% was contributed by its top five customer groups. Any loss of, or a reduction in the repeat orders received by it could adversely affect the company business, results of operations, financial condition and cash flows.

  • Its raw material cost constitutes a majority percentage of the company total expenses. During Fiscal 2025, 82.69% of its raw materials were procured from the company top five suppliers, calculated as a percentage of the total cost of materials consumed, including changes in inventories of finished goods, stock in trade, and work in progress. Any increase in the prices, availability and quality of raw materials could adversely affect its reputation, business, results from operations, financial conditions and cash flows. The company relies on limited suppliers for the company primary raw material steel, loss of these suppliers may have an adverse effect on its business, results of operations and financial conditions.

  • Its business is dependent on the company design and engineering teams to accurately carryout the pre-approval engineering studies for potential orders. Inability of its design and engineering teams to accurately estimate the cost of the project and to execute an order would have an adverse impact on the company business, results of operations, financial condition and cash flows.

  • Its Subsidiary, Phenix Construction Technologies Inc. has incurred losses in Fiscal 2023 and 2024 and may do so in the future, which could have a material adverse effect on the company business, prospects, financial condition, cash flows and results of operations.

  • The company has not yet placed orders in relation to the capital expenditure for the purchase of equipment and machinery, building works, solar rooftop grid and transport vehicles at its Manufacturing Facilities. In the event of any delay in placing the orders, or in the event the vendor is not able to provide the equipment and machinery, building works, solar rooftop grid and transport vehicles in a timely manner, or at all, it may result in time and cost overruns and its business, prospects and results of operations may be adversely affected. Further, such proposed capital expenditure may not result in an increase in revenue from operations for the Company.

How to Apply for M & B Engineering Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select M & B Engineering Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About M & B Engineering Ltd

We are one of Indias leading Pre-Engineered Buildings (PEBs) players (installed capacity being greater than 100,000 MTPA). Our Company has installed capacity of 103,800 MTPA related to PEB structures and 1,800,000 square metres per annum for Self-Supported Roofing solutions as on March 31, 2025. (Source: CRISIL Report). We offer our customers comprehensive turn-key solutions which includes project design, engineering, manufacturing and erection in accordance with customer requirements across industrial and infrastructure segments. We have delivered solutions for our customers engaged in diverse sectors including general engineering and manufacturing, food and beverages, warehousing and logistics, power, textiles, and railways. We have undertaken execution of over 9,500 projects until the end of Fiscal 2025 under our Phenix and Proflex Divisions.

Frequently Asked Questions of M & B Engineering Ltd IPO

What is the size of the M & B Engineering Ltd IPO?

The size of the M & B Engineering Ltd IPO is ₹650 Cr.

What is the allotment date of the M & B Engineering Ltd IPO?

M & B Engineering Ltd IPO allotment date is Aug 4, 2025 (tentative).

What are the open and close dates of the M & B Engineering Ltd IPO?

The M & B Engineering Ltd IPO will open on Jul 30, 2025 and close on Aug 1, 2025

What is the lot size of M & B Engineering Ltd IPO?

The lot size for the M & B Engineering Ltd IPO is 38.

When will my M & B Engineering Ltd IPO order be placed?

Your M & B Engineering Ltd IPO order will be placed on Jul 30, 2025

Can we invest in M & B Engineering Ltd IPO?

Yes, once M & B Engineering Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the M & B Engineering Ltd IPO?

The potential listing gains on the M & B Engineering Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for M & B Engineering Ltd IPO?

'Pre-apply' for M & B Engineering Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.