M&B Engineering IPO GMP - Live Grey Market Premium

Listed
M&B Engineering IPO

M&B Engineering Limited, incorporated in 1981, is one of the leading Pre-Engineered Buildings (PEBs) players in India, offering comprehensive turnkey solutions encompassing project designing, engineering, manufacturing, and erection services. The company operates through two main divisions: the Phenix division, which provides PEBs and complex structural steel components for bridges, flyovers, power plant structures, and other industrial applications; and the Proflex division, specializing in self-supported steel roofing solutions. M&B Engineering has executed over 9,500 projects by Fiscal 2025, including over 1,600 PEB projects globally (640,000 MT in 22 countries) and over 18.5 million square meters of roofing across 7,900 projects.

Issue Price
385
Current GMP
51
GMP %
+13.25
Est. Listing Price
436
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IPO Details

Price Range
₹366.00-385.00
Issue Size
₹650.00 Cr
Lot Size
38 shares
IPO Type
Mainboard
Open Date
30 Jul 2025
Close Date
1 Aug 2025
Allotment Date
4 Aug 2025
Listing Date
6 Aug 2025

GMP Timeline

DateIPO PriceGMPEst. Price% Change
4 Aug 2025Live
385
46
431
+11.95
3 Aug 2025
385
45
430
+11.69
2 Aug 2025
385
45
430
+11.69
1 Aug 2025
385
45
430
+11.69
31 Jul 2025
385
57
442
+14.81
30 Jul 2025
385
58
443
+15.06
29 Jul 2025
385
43
428
+11.17
28 Jul 2025
385
34
419
+8.83
27 Jul 2025
385
32
417
+8.31
26 Jul 2025
385
50
435
+12.99
25 Jul 2025
385
65
450
+16.88
24 Jul 2025
385
0
385
0.00
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Important Notes About Grey Market Premium

Grey Market Premium (GMP) is an unofficial value that indicates investor sentiment before the IPO listing. It is the premium amount at which IPO shares are traded in the grey market before they are officially listed on the stock exchange.

GMP fluctuates based on market conditions and investor sentiment. A positive GMP suggests the market expects the stock to list above its issue price, while a negative GMP suggests it may list below the issue price.

The actual listing price may differ from the estimated price based on GMP due to market conditions on the listing day. GMP is not an official indicator and should not be the sole basis for investment decisions.

IPOwiz updates the GMP values regularly, but these values are sourced from unofficial channels and should be used as a reference only.

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Frequently Asked Questions

What is GMP (Grey Market Premium)?
GMP (Grey Market Premium) is the premium at which IPO shares are traded in the unofficial market before official listing. It indicates market sentiment and expected listing price. A positive GMP suggests strong demand, while negative GMP indicates weak market sentiment.
What is the current GMP for M&B Engineering IPO?
The current GMP for M&B Engineering IPO is ₹51. This represents a 13.25% premium over the issue price of ₹385.
What is the estimated listing price based on current GMP?
Based on the current GMP of ₹51 and issue price of ₹385, the estimated listing price for M&B Engineering IPO is ₹436. However, the actual listing price may differ based on market conditions on 6 August 2025.
How is GMP calculated?
GMP is determined by market demand and supply in the unofficial grey market. It's the difference between the expected listing price and the issue price. Higher GMP indicates strong demand and investor confidence, while lower or negative GMP suggests weak demand.
Is GMP reliable for IPO investment decisions?
GMP provides market sentiment but shouldn't be the sole factor for investment decisions. It's unofficial and can change daily. Consider company fundamentals, financials, market conditions, and your risk appetite before investing. GMP is a reference indicator, not a guarantee.
Can GMP change before listing?
Yes, GMP is highly volatile and can change daily based on market conditions, subscription levels, overall market sentiment, and news about the company. The GMP you see today may be different tomorrow, and it can change until 6 August 2025.
What happens if GMP is negative?
A negative GMP indicates the stock may list below the issue price, suggesting weak market demand. However, actual listing price may differ from GMP predictions, and negative GMP doesn't guarantee a loss.
How does GMP affect IPO subscription?
High GMP often correlates with high subscription rates as investors expect good listing gains. However, this isn't always true. Some IPOs with high GMP may have lower subscription if investors are cautious. GMP reflects market sentiment, which can influence subscription behavior.
What is the estimated profit based on GMP?
For a lot size of 38 shares, the estimated profit based on current GMP of ₹51 is ₹1,938. This is calculated as: Lot Size × GMP × Number of Lots. Note: This is an estimate and actual listing price may vary.