M&B Engineering IPO Subscribed 38.08 Times on Final Day, Backed by Strong Institutional and HNI Demand

M&B Engineering's initial public offering (IPO) has demonstrated outstanding investor demand through its third and final day of subscription, with M&B Engineering's stock price set at ₹385 per share reflecting overwhelming market reception. The ₹650.00 crore IPO surged dramatically to 38.08 times by 4:54:46 PM on day three, indicating exceptional investor interest in this Pre-Engineered Buildings and Self-Supported Roofing solutions provider incorporated in 1981.

M&B Engineering IPO small non-institutional investors segment leads with impressive 41.28 times subscription, whilst non-institutional investors demonstrate exceptional participation at 40.21 times and qualified institutional buyers show strong interest at 38.63 times, whilst retail investors and employees show solid participation at 34.21 times and 8.56 times respectively, reflecting tremendous investor confidence in this company.

M&B Engineering IPO ubscription reached an exceptional 38.08 times on day three, led by sNII (41.28x), NII (40.21x), and bNII (39.68x). Total applications reached 14,17,129.

Subscription Status of M&B Engineering IPO:

Here are the subscription details for M&B Engineering IPO as of Day 3 (August 1, 2025, 4:54:46 PM):

Key Highlights - Day 3:

• Overall subscription reaching exceptional 38.08 times, a massive surge from day two's 3.11 times.
• The sNII category leading with impressive demand at 41.28 times, dramatically exploding from day two's 6.72 times.
• The NII segment demonstrating exceptional participation at 40.21 times, substantially increasing from day two's 4.56 times.
• The bNII category showing remarkable growth at 39.68 times, building impressively from day two's 3.48 times.
• The QIB segment displaying outstanding performance at 38.63 times, dramatically increasing from day two's 0.02 times.
• Retail investors maintaining solid performance at 34.21 times, building substantially from day two's 10.16 times.
• The employee segment showing encouraging improvement at 8.56 times, building from day two's 3.81 times.
• Total applications reached 14,17,129, indicating massive investor participation for this mainboard IPO.
• The cumulative bid amount reached ₹13,653.19 crores against the issue size of ₹650.00 crores.

M&B Engineering IPO - Day 2 Subscription at 3.11 Times

Key Highlights - Day 2:

• Overall subscription reaching encouraging 3.11 times, a substantial improvement from day one's 0.70 times.
• Retail investors demonstrating impressive performance at 10.16 times, building dramatically from day one's 2.77 times.
• The sNII category displaying solid interest at 6.72 times, substantially increasing from day one's 0.81 times.
• The NII segment showing encouraging growth at 4.56 times, building impressively from day one's 0.70 times.
• The employee segment demonstrating reasonable improvement at 3.81 times, building from day one's 2.26 times.
• The bNII category showing steady participation at 3.48 times, building from day one's 0.64 times.
• The QIB segment showing minimal participation at 0.02 times, marginally improving from day one's 0.00 times.
• Total applications reached 4,02,486, indicating substantial investor participation for this mainboard IPO.
• The cumulative bid amount reached ₹1,113.59 crores against the issue size of ₹650.00 crores.

M&B Engineering IPO - Day 1 Subscription at 0.70 Times

Key Highlights - Day 1:

• Overall subscription opening cautiously at 0.70 times, showing measured initial investor interest.
• Retail investors demonstrating modest confidence at 2.77 times, showing tentative retail sentiment.
• The employee segment displaying reasonable participation at 2.26 times, showing moderate internal confidence.
• The sNII category showing limited interest at 0.81 times, indicating cautious smaller HNI approach.
• The NII segment displaying modest participation at 0.70 times, indicating reserved high-net-worth appetite.
• The bNII category showing minimal interest at 0.64 times, reflecting very cautious larger HNI approach.
• The QIB segment showing no participation at 0.00 times, indicating highly cautious institutional approach.
• Total applications reached 1,04,051, indicating moderate investor participation for this mainboard IPO.
• The cumulative bid amount reached ₹252.48 crores against the issue size of ₹650.00 crores.

About M&B Engineering Limited

Incorporated in 1981, M&B Engineering Limited is engaged in the business of Pre-Engineered Buildings and Self-Supported Roofing solutions, manufacturing and installing self-supported steel roofing solutions in India. The company offers design-led manufacturing solutions, providing design, engineering, manufacturing, and testing to ensure reliable, safe, and high-performance structures, specialising in pre-engineered buildings, structural steel, and steel roofing.

The company operates two manufacturing facilities in Sanand, Gujarat, and Cheyyar, Tamil Nadu, with a combined PEB capacity of 103,800 MTPA, exporting PEBs and structural steel components to 22 countries including the USA, Brazil, South Africa, Qatar, and Sri Lanka since Fiscal 2010. The company has executed over 9,500 projects until Fiscal 2025 under its Phenix and Proflex divisions, serving customers across various sectors including general engineering, manufacturing, food and beverages, warehousing, logistics, power, textiles, and railways, with an order book of ₹8,428.38 million as of June 30, 2025.