Mumbai, July 30 -- The initial public offer of M&B Engineering received bids for 64,63,534 shares as against 97,98,309 shares on offer, according to stock exchange data at 17:00 IST on Wednesday (30 July 2025). The issue was subscribed 0.66 times.

The issue opened for bidding on 30 July 2025 and it will close on 1 August 2025. The price band of the IPO is fixed between Rs 366 and 385 per share. An investor can bid for a minimum of 38 equity shares and in multiples thereof.

The offer consists of the fresh issue of equity shares aggregating up to Rs 275 crore and the offer for sale of equity shares aggregating up to Rs 375 crore. The entire portion of the offer for sale is made by members of the promoters/promoter group.

The company prop...