Archive · 30 Jul 2025
M&B Engineering IPO Opens, Garnering Positive Brokerage Ratings
M&B Engineering, a company that builds buildings, is selling shares to raise money.
They are selling shares to investors at a certain price per share.
Many investment firms are recommending that people buy these shares as they think it will do well, while some recommend watching the company post-listing.
This money will be used to expand their business.
The shares will be available for trading on the stock market soon, and the price per share is expected to have a high return.
M&B Engineering's IPO opened on July 30, with shares priced at ₹366-385 apiece.
The IPO aims to raise funds for capital expenditure, debt repayment, and general corporate purposes.
The company finalized the allocation of 75.74 lakh shares to anchor investors, raising ₹291.6 crore.
Brokerage firms recommend subscribing to the IPO for listing gains or long-term investment.
Shares are expected to list on BSE and NSE on August 6.
- Who
- M&B Engineering, an Ahmedabad-based company.
- What
- M&B Engineering launched its IPO for bidding.
- When
- The IPO opened on July 30 and closes on August 1.
- Where
- BSE and NSE (listing).
- Why
- To raise capital for expansion, debt repayment, and general corporate purposes.
Investment Perspectives
Market Valuation
Brokerage Ratings
Investment Perspectives
Several brokerages recommend subscribing for long-term gains due to strong fundamentals, growth potential and fair valuation.
Market Valuation
SBI Securities maintains a neutral view, suggesting monitoring performance relative to peers.
- IPO Opening Date
- July 30
- IPO Closing Date
- August 1
- Share Price Range
- ₹366-385
- Anchor Investors Raised
- ₹291.6 crore
- Listing Date
- August 6
