IPO IPO-Synopsis
M & B Engineering Ltd

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Registered Office: MB House 51 Chandrodaya Societ,Opp.Stadium Road Post Navjivan , Ahmedabad - 380014 , Gujarat , India.
Phone : 91-79-2646 3784   Fax:
Email :  compliance@mbel.in  
Website :  www.mbel.in
Initial public offering of 16,888,474 equity shares of face value of Rs10 each ("Equity Shares") of M & B Engineering Limited ("the Company" or the "Issuer") for cash at a price of Rs385.00 per equity share ("Offer Price") aggregating to Rs650.00 crores (the "Offer"). The offer comprises of a fresh issue of 7,148,215 equity shares by the company aggregating to Rs275.00 crores (the "Fresh Issue") and an offer for sale of 9,740,259 equity shares (the "Offered Shares") including 3,983,119 equity shares aggregating to Rs153.35 crores by Girishbhai Manibhai Patel, 3,383,116 equity shares aggregating to Rs130.25 crores by Chirag Hasmukhbhai Patel, 487,012 equity shares aggregating to Rs18.75 crores by Vipinbhai Kantilal Patel, 1,000,000 equity shares aggregating to Rs38.50 crores by Birva Chirag Patel, and 487,012 equity shares aggregating to Rs18.75 crores by Aditya Vipinbhai Patel (collectively the "Promoter Selling Shareholders"), 400,000 equity shares aggregating to Rs15.40 crores by Umaben Girishbhai Patel (the "Promoter Group Selling Shareholder" and together with the promoter selling shareholders the "Selling Shareholders") aggregating to Rs375.00 crores (the "Offer for Sale"). The offer includes a reservation of 57,306 equity shares, aggregating to Rs2.00 crores (constituting up to 0.10 % of the post-offer paid-up equity share capital), for subscription by eligible employees ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 29.55% and 29.45%, respectively, of the post-offer paid-up equity share capital of the company. The company in consultation with the brlms, offered a discount of Rs36.00 per equity share to the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount"). The face value of the equity shares is Rs10 each and the offer price is 38.50 times the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Jul-25 01-Aug-25 Rs385.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :38  Further Multiples of :38

  Rs Cr Lead Managers to the Issue
Project Cost 275.00
DAM Capital Advisors Ltd
Project Financed through Current Offer 650.00  
Post Issue Equity Share Capital 57.14  
Issue Price Rs385.00  
Projects
Funding the capital expenditure requirements for the purchase of equipment and machinery, building works, solar rooftop grid and transport vehicles at the company manufacturing facilitiesRe-payment or pre-payment of term loans, in full or in part, of certain borrowings availed by the company
Investment in IT software upgradation by its companyGeneral corporate purposes
Promoted By
Girishbhai Manibhai Patel
Chirag Hasmukhbai Patel
Malav Girishbhai Patel
Listing At
BSE 
NSE 
Registrar to the Issue
MUFG Intime India Pvt Ltd