M&B Engineering IPO Subscription Status
M&B Engineering IPO closed on 1 August 2025 with an overall subscription of 38.11x based on shares applied. QIB demand came in at 38.63x, NII at 40.22x, and retail at 34.35x.
Allotment will be finalised on 4 August 2025. The stock is scheduled to list on NSE and BSE on 6 August 2025.
Issue Price
Rs 385.00
GMP Today
Rs 51.00 (+13.25%)
Overall Subscription
38.11x
Issue Size
₹650.00 Cr
Allotment Date
4 Aug 2025
Listing Date
6 Aug 2025
M&B Engineering IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 385.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 194.40 Cr | Rs 7,508.97 Cr | 38.63x |
| NII | Rs 97.20 Cr | Rs 3,909.48 Cr | 40.22x |
| sNII (Rs 2L to Rs 10L) | Rs 32.40 Cr | Rs 1,338.44 Cr | 41.31x |
| bNII (above Rs 10L) | Rs 64.80 Cr | Rs 2,571.04 Cr | 39.68x |
| Retail | Rs 64.80 Cr | Rs 2,225.76 Cr | 34.35x |
| Total | Rs 356.40 Cr | Rs 13,644.20 Cr | 38.28x |
M&B Engineering IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 50,49,351 | 19,50,38,078 | 38.63x |
| NII | 25,24,675 | 10,15,44,854 | 40.22x |
| sNII (Rs 2L to Rs 10L) | 8,41,558 | 3,47,64,680 | 41.31x |
| bNII (above Rs 10L) | 16,83,117 | 6,67,80,174 | 39.68x |
| Retail | 16,83,117 | 5,78,11,832 | 34.35x |
| Total | 92,57,143 | 35,43,94,764 | 38.28x |
What Do These Subscription Numbers Mean?
A subscription of 38.11x by shares means the IPO received bids for 38 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 38.63x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 38.63x, it reflects serious institutional conviction.
NII at 40.22x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 34.35x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
M&B Engineering IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Share subscription: 34.35x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Share subscription: 41.31x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
BHNI (above Rs 10 lakh)
- •Share subscription: 39.68x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the M&B Engineering IPO Allotment Status page from 4 August 2025 for your allotment result.
M&B Engineering IPO GMP After Subscription
GMP for M&B Engineering IPO stands at Rs 51.00 today, giving an estimated listing price of Rs 436.00 per share.
A subscription of 38.11x combined with a GMP of 13.25% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the M&B Engineering IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
M&B Engineering IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 30 Jul 2025 | 0.00x | 0.70x | 2.77x | 0.53x |
| Day 2 - 31 Jul 2025 | 0.02x | 4.56x | 10.16x | 3.11x |
| Day 3 - 1 Aug 2025 | 38.63x | 40.22x | 34.35x | 38.10x |
M&B Engineering IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 30 July 2025 |
| IPO Close Date | 1 August 2025 |
| Allotment Date | 4 August 2025 |
| Refund Initiation | 5 August 2025 |
| Share Credit to Demat | 5 August 2025 |
| Listing Date | 6 August 2025 |
| Minimum Investment | Rs 14,630.00 |
| Lot Size | 38 shares |
About 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.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
M&B Engineering IPO Subscription FAQs
What is M&B Engineering IPO IPO subscription status today?
M&B Engineering IPO IPO subscription closed on 1 August 2025 with overall subscription of 38.11x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 38.63x, NII 40.22x, Retail 34.35x.
What is the overall subscription of M&B Engineering IPO IPO?
M&B Engineering IPO IPO is subscribed 38.11x overall by shares at close on 1 August 2025. QIB 38.63x, NII 40.22x, and Retail 34.35x.
What is M&B Engineering IPO IPO QIB subscription?
M&B Engineering IPO IPO QIB (Qualified Institutional Buyers) subscription is 38.63x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is M&B Engineering IPO IPO Retail subscription?
M&B Engineering IPO IPO Retail subscription is 34.35x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is M&B Engineering IPO IPO NII subscription?
M&B Engineering IPO IPO NII (Non-Institutional Investors) subscription is 40.22x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in M&B Engineering IPO IPO for retail?
M&B Engineering IPO IPO retail share subscription is 34.35x. Application-wise data is needed for accurate lottery odds.
When is M&B Engineering IPO IPO allotment date?
M&B Engineering IPO IPO allotment date is 4 August 2025. Check M&B Engineering IPO Allotment Status on IPOwiz from that day using your PAN.
When does M&B Engineering IPO IPO subscription close?
M&B Engineering IPO IPO subscription closed on 1 August 2025. No new applications are accepted after the close.
What is M&B Engineering IPO IPO GMP today?
M&B Engineering IPO IPO GMP is ₹51 today (+13.25% over issue price ₹385). See live GMP on the M&B Engineering IPO GMP Today page.
What is M&B Engineering IPO IPO issue price and lot size?
M&B Engineering IPO IPO issue price is ₹385 per share. Lot size is 38 shares. Minimum investment is ₹14,630 per lot. Issue size: ₹650.00 Cr.
When is M&B Engineering IPO IPO listing date?
M&B Engineering IPO IPO listing date is 6 August 2025 on NSE and BSE. Allotment is on 4 August 2025.
How does subscription affect M&B Engineering IPO IPO allotment?
Allotment odds in M&B Engineering IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 38.11x overall, competition is high.
For allotment results from 4 August 2025, visit the M&B Engineering IPO Allotment Status page. For listing day updates on 6 August 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.