243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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M & B Engineering Limited

Ahmedabad

Date of DRHP : 25 Sep 2024

Issue Type : Book Building Process

IPO Type :
MainBoard IPO

M & Basic Details

   Infrastructure

Sub Sector: Manufacturing and installation of self-supported steel roofing solutions

About the Company

M & B Engineering is 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. As of Fiscal 2024, M & B Engineering is 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%. As per the CRISIL Report, amongst the considered peers, M & B Engineering registered one of the highest OPBDIT and PAT CAGRs between Fiscals 2022 and 2024 of 38.0% and 67.3% respectively. their business is structured into (a) Phenix division which provides comprehensive solutions for PEBs and complex structural steel components; and (b) Proflex division which provides selfsupported steel roofing solutions. M & B Engineering offer their customers comprehensive turn-key solutions which includes project design, engineering, manufacturing and erection in accordance with customer requirements across industrial and infrastructure segments. M & B Engineering have delivered solutions for their customers engaged in diverse sectors including general engineering and manufacturing, food and beverages, warehousing and logistics, power, textiles, and railways. M & B Engineering have undertaken execution of over 8,700 projects until the end of June 2024 under their Phenix and Proflex Divisions.

Financial Summary (Annualised Basis)

Revenue :
808.26 Cr.

PAT :
45.64 Cr.

M & IPO Registrar

Link Intime India Private Limited

M & DRHP Details

Objects of issue

  • Funding the capital expenditure requirements for the purchase of equipment and machinery at the Manufacturing Facilities;
  • Re-payment or pre-payment, in full or in part, of certain borrowings availed by the Company;
  • Funding the working capital requirements of the Company
  • General corporate purposes

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FAQs

M & B Engineering operates in Infrastructure and Manufacturing and installation of self-supported steel roofing solutions. The Issue would be listed on MainBoard. The registrar of the Issue is Link Intime India Private Limited. The IPO type of M & B Engineering is Book Building Process and Object of issue is

  • Funding the capital expenditure requirements for the purchase of equipment and machinery at the Manufacturing Facilities;
  • Re-payment or pre-payment, in full or in part, of certain borrowings availed by the Company;
  • Funding the working capital requirements of the Company
  • General corporate purposes

The DRHP (Draft Red Herring Prospectus) of M & B Engineering IPO was filed on 25 Sep 2024.

No, M & B Engineering IPO is not yet listed. See other upcoming MainBoard IPOs here.

The IPO open date and IPO close date of M & B Engineering are not available now. You can apply in M & B Engineering IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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