IPO Snapshot
 
M&B Engineering Ltd.
Issue Open Date 30-Jul-25  
Issue Closing Date 01-Aug-25  
Application Money 100  
Allotment Money  
Price Band 366 - 385  
Minimium Application No. 38  
Issue Size (Shares) 17765523  
Market Lot 1  
Objective
1. Funding the capital expenditure requirements for the purchase of equipment and machinery, building works, solar rooftop grid and transport vehicles at our Manufacturing Facilities.2. Investment in information technology (“IT”) software upgradation by our Company.3. Re-payment or pre-payment of term loans, in full or in part, of certain borrowings availed by our Company.4. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors        
Qualified Institutional Buyers        
Retail Individual Investors        
Business Description:
We are one of the India’s leading Pre-Engineered Buildings (“PEBs”) and Self-Supported Roofing provider in terms of installed capacity (103,800 MTPA related to PEB and 1,800,000 square metres per annum for Self-Supported Roofing) as on August 31, 2024. (Source: CRISIL Report). As of Fiscal 2024, we are the largest player in terms of revenue for the manufacturing and installation of self-supported steel roofing solutions in India with a market share of 75% (Source: CRISIL Report). As per the CRISIL Report, amongst the considered peers, we registered one of the highest OPBDIT and PAT CAGRs between Fiscals 2022 and 2024 of 38.0% and 67.3% respectively. Our business is structured into (a) Phenix division which provides comprehensive solutions for PEBs and complex structural steel components; and (b) Proflex division which provides self-supported steel roofing solutions. 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 8,700 projects until the end of June 2024 under our Phenix and Proflex Divisions.
Promoter's Holding
Total Share Capital   50000000  
Offered to Public   16883116  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)    
Address
M B House 51
Chandrodaya Society
Opp Golden Triangle Stadium Road
Post Navjivan
Ahmedabad ,
Gujarat ,
380014
Phone : 079-26463784
Email : compliance@mbel.in
Website : www.mbel.in
Registrar
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.)
Equirus Capital Pvt Ltd
Promoters
Aditya V Patel Family Trust
Aditya Vipinbhai Patel
Birva Chirag Patel
Chirag H Patel Family Trust
Chirag Hasmukhbhai Patel
Girishbhai Manibhai Patel
Leenaben Vipinbhai Patel
Malav Girishbhai Patel
MGM11 Family Trust
MGM5 Family Trust
Vipin K Patel Family Trust
Vipinbhai Kantilal Patel