The initial public offering (IPO) of M&B Engineering Limited will close today, August 1, 2025. Investors are still pouring their buds in what could be one of most watched mid cap engineering IPO listings.
Subscription Status: Day 3 Surpasses Expectations
As of today, the third and final day of the book built issue, the IPO is subscribed 15.10 times. Non institutional investors (NIIs) led the charge with a subscription of about 29.04x, retail investors also showed huge interest with a 25.49x subscription, however, qualified institutional buyers (QIBs) remained at low at 4.76x subscription. Demand has gained momentum significantly across investor categories.
Key IPO Details at a Glance
Consolidated Bid Details
(Data: Aug 01, 2025 | 14:50)
Company Overview & Financial Snapshot
M&B Engineering, founded in 1981, is working in industrial and heavy engineering space. The company is based out in Ahmedabad and is offering design, fabrication, and project delivery of pre engineered buildings (PEBs) and self supported steel roofing. As per Financial Year 2025, the company declared a net profit of around ₹77 crore with a revenue of approximately ₹989–996 crore.
Why M&B Engineering Could Be a Strategic Mid Cap Opportunity
•Positioned in a growth-heavy capital goods sector boosted by India’s infrastructure expansion and make in India priorities.
•IPO proceeds will fund capital expenditure ₹58.8 crore, strengthening operations and balance sheet.
(Disclaimer: This article is informational and not financial advice. Investors should review the prospectus and consult a registered financial advisor before making investment decisions.)
Also Read: NSDL IPO Closes Today Amid Strong Demand: Will It Set A ₹4,012 Crore Milestone?
Ankur Mishra is a journalist who covers an extensive range of news, from business, stock markets, IPOs to geopolitics, world affairs, international crises, and general news. With over a decade of experience in the business domain, Ankur has been associated with some of the reputed media brands. Through a sharp eye on global marketplaces along with deep insights and analysis of business strategies, Ankur brings simplicity to the complex economic matrix to decode market trends and empower people.
He is committed to entrenched data, facts, research, solutions, and a dedication to value-based journalism. He has covered trade tariff wars, international alliances, corporate policies, government initiatives, regulatory developments, along with micro- and macroeconomic shifts impacting global fiscal dynamics.
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