M&B Engineering share price: IPO price band fixed at Rs 366–385; listing slated for August 6

Market Watch — M&B Engineering share price context

M&B Engineering share price isn’t live yet because the company will list on August 6. Until then, the only reference point is the IPO price band of Rs 366–385 per share.

Main News

Gujarat-based M&B Engineering has set a price band of Rs 366–385 a share for its Rs 650 crore IPO.

• Issue opens: July 30
• Anchor book: July 29
• Issue closes: August 1
• Allotment: August 4
• Refunds & credit of shares: August 5
• Listing date: August 6

The offer structure:

• Fresh issue: Rs 275 crore
• Offer for sale (OFS): Rs 375 crore by promoters

Proceeds from the fresh issue will fund:

• Rs 130.6 crore for equipment & machinery, building construction, solar rooftop grid, and transport vehicles
• Rs 5.2 crore for IT upgrades
• Rs 58.8 crore for debt repayment

As of May 2025, total outstanding borrowings stood at Rs 186.1 crore.

Company Details

M&B Engineering provides turnkey pre-engineered buildings (PEBs) and self-supported steel roofing solutions through its Phenix and Proflex divisions.

Industries served: general engineering, manufacturing, food & beverages, warehousing & logistics, power, textiles, railways.

Scale & capacity:

• 9,500+ projects executed as of March 2025
• PEB capacity: 1,03,800 metric tonnes per annum
• Roofing capacity: 18 lakh sq metres per annum

Peers mentioned: Pennar Industries, Bansal Roofing Products, BirlaNU, Everest Industries, Interarch Building Products.

Book runners: Equirus Capital and DAM Capital Advisors.

Financial Snapshot (FY25)

M&B Engineering share price will discover on listing, but here’s the FY25 financial performance backing the offer:

• Revenue: Rs 988.6 crore (+24.3% YoY)
• Net Profit: Rs 77 crore (+68.8% YoY)

Timeline at a Glance

• July 29: Anchor book opens
• July 30–August 1: IPO subscription window
• August 4: Basis of allotment
• August 5: Refunds & share credit
• August 6: Listing; M&B Engineering share price to start trading on exchanges

Summary

The M&B Engineering share price will be discovered on August 6, post listing. Until then, the Rs 366–385 band guides the conversation. The Rs 650 crore IPO mixes a Rs 275 crore fresh issue with a Rs 375 crore OFS, earmarking funds for capex, IT upgrades, and debt repayment. With 9,500+ projects, sizable capacities, and FY25 net profit up 68.8%, the company positions itself among established PEB and roofing players, ahead of its market debut.