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Steel
Sub Sector: Manufacturing and installation of self-supported steel roofing solutions in India
M&B Engineering Limited ,one of India’s leading Pre-Engineered Buildings, (“PEBs”) (installed capacity being greater than 100,000 MTPA) 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 December 31, 2024. (Source: CRISIL Report). For details, see “Industry Overview- Overview of key players” on page 194. As of Fiscal 2024, they 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, they 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 self-supported steel roofing solutions. They 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. They 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. They have undertaken execution of over 9,400 projects until the end of December 2024 under their Phenix and Proflex Divisions.
MUFG Intime India Private Limited
M&B Engineering operates in Steel and Manufacturing and installation of self-supported steel roofing solutions in India. The Issue would be listed on MainBoard. The registrar of the Issue is MUFG Intime India Private Limited. The IPO type of M&B Engineering is Book Building Process and Object of issue is
Merchant Banker of M&B Engineering IPO is Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , Equirus Capital Private Limited
The DRHP (Draft Red Herring Prospectus) of M&B Engineering IPO was filed on 17 Feb 2025.
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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