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M&B Engineering IPO Subscription

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Updated 6 August 2025, 9:15 AM IST· Mainboard

M&B Engineering IPO subscription closed on 1 August 2025 at 38.11x overall by shares. QIB demand came in at 38.63x, NII at 40.22x, and retail at 34.35x. See Retail, SHNI, and BHNI allotment chances in the table below.

Allotment date is 4 August 2025. Listing date on NSE and BSE is 6 August 2025.

Issue Price
Rs 385.00
GMP Today
Rs 51.00 (+13.25%)
Overall Sub
38.11x
Issue Size
₹650.00 Cr
Allotment
4 Aug 2025
Listing
6 Aug 2025

M&B Engineering IPO Day-wise Subscription

Daily QIB, NII, Retail, and overall subscription as bids come in

DayQIBNIIRetailOverall
Day 1 - 30 Jul 20250.00x0.70x2.77x0.53x
Day 2 - 31 Jul 20250.02x4.56x10.16x3.11x
Day 3 - 1 Aug 202538.63x40.22x34.35x38.10x

M&B Engineering IPO Allotment Chances

Retail, SHNI, and BHNI chances based on application subscription

M&B Engineering IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.

CategorySubscription (Apps)Allotment Chances
Retail34.35x (shares)Updating soon
SHNI (Rs 2L to Rs 10L)41.31x (shares)Updating soon
BHNI (above Rs 10L)39.68x (shares)Updating soon

Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.

Check the M&B Engineering IPO Allotment Status page from 4 August 2025 for your result.

M&B Engineering IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 385.00

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 194.40 CrRs 7,508.97 Cr38.63x
NIIRs 97.20 CrRs 3,909.48 Cr40.22x
sNII (Rs 2L to Rs 10L)Rs 32.40 CrRs 1,338.44 Cr41.31x
bNII (above Rs 10L)Rs 64.80 CrRs 2,571.04 Cr39.68x
RetailRs 64.80 CrRs 2,225.76 Cr34.35x
TotalRs 356.40 CrRs 13,644.20 Cr38.28x

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.

CategoryShares OfferedShares BidSubscription
QIB50,49,35119,50,38,07838.63x
NII25,24,67510,15,44,85440.22x
sNII (Rs 2L to Rs 10L)8,41,5583,47,64,68041.31x
bNII (above Rs 10L)16,83,1176,67,80,17439.68x
Retail16,83,1175,78,11,83234.35x
Total92,57,14335,43,94,76438.28x

What Do These Subscription Numbers Mean?

38.11x overall by shares means bids covered about 38 times the shares on offer. Allotment chances depend on applications in each category.

QIB at 38.63x by shares shows institutional demand from mutual funds, FIIs, and banks.

NII covers bids above Rs 2 lakh (40.22x by shares). SHNI and BHNI allotment is by lottery.

Retail at 34.35x by shares. Exact lottery chances need application data.

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 Key Dates

EventDate
IPO Open Date30 July 2025
IPO Close Date1 August 2025
Allotment Date4 August 2025
Refund Initiation5 August 2025
Share Credit to Demat5 August 2025
Listing Date6 August 2025
Minimum InvestmentRs 14,630.00
Lot Size38 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 (SHNI & BHNI)

Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.

Retail - Retail Individual Investors

Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.

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M&B Engineering IPO Subscription FAQs

What is M&B Engineering IPO subscription status today?

M&B Engineering IPO subscription closed on 1 August 2025 with overall subscription of 38.11x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 38.63x, NII 40.22x, Retail 34.35x.

What is the overall subscription of M&B Engineering IPO?

M&B Engineering 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 QIB subscription?

M&B Engineering 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 Retail subscription?

M&B Engineering IPO Retail subscription is 34.35x by shares. Retail bids are up to Rs 2 lakh per PAN.

What is M&B Engineering IPO NII, SHNI, and BHNI subscription?

M&B Engineering IPO NII subscription is 40.22x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).

What are M&B Engineering IPO retail allotment chances?

M&B Engineering IPO retail share subscription is 34.35x. Application data is needed for exact lottery chances.

What are M&B Engineering IPO SHNI allotment chances?

M&B Engineering IPO SHNI share subscription is 41.31x. Application data is needed for exact lottery chances.

What are M&B Engineering IPO BHNI allotment chances?

M&B Engineering IPO BHNI share subscription is 39.68x. Application data is needed for exact lottery chances.

When is M&B Engineering IPO allotment date?

M&B Engineering 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 subscription close?

M&B Engineering IPO subscription closed on 1 August 2025. No new applications are accepted after the close.

What is M&B Engineering IPO GMP today?

M&B Engineering 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 issue price and lot size?

M&B Engineering 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 listing date?

M&B Engineering 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 allotment?

In M&B Engineering IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. 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.

Sources

We match M&B Engineering IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • IPO RegistrarRegistrar details are on the allotment page for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.