New Delhi, July 28 -- M&B Engineering is set to launch its initial public offering (IPO) on July 30, 2025, with the subscription window closing on August 1, 2025. The IPO, which has a price band of Rs.366- Rs.385 per share, comprises a fresh issue worth Rs.275 crore and an offer-for-sale (OFS) of Rs.375 crore by promoters. With the lot size fixed at 38 shares, the minimum retail investment comes to Rs.13,908. The offering will be managed by Equirus Capital and DAM Capital Advisors as book-running lead managers.
M&B Engineering is a key player in India's Pre-Engineered Buildings (PEB) and Self-Supported Roofing market. As of December 31, 2024, the company had an installed capacity of 103,800 MTPA for PEB and 1,800,000 square metres per an...
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