IPO Synopsis

M & B Engineering Ltd

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 Rs. 10 each ("Equity Shares") of M & B Engineering Limited ("the Company" or the "Issuer") for cash at a price of Rs.385.00 per equity share ("Offer Price") aggregating to Rs. 650.00 crores (the "Offer"). The offer comprises of a fresh issue of 7,148,215 equity shares by the company aggregating to Rs.275.00 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 Rs. 153.35 crores by Girishbhai Manibhai Patel, 3,383,116 equity shares aggregating to Rs. 130.25 crores by Chirag Hasmukhbhai Patel, 487,012 equity shares aggregating to Rs.18.75 crores by Vipinbhai Kantilal Patel, 1,000,000 equity shares aggregating to Rs. 38.50 crores by Birva Chirag Patel, and 487,012 equity shares aggregating to Rs. 18.75 crores by Aditya Vipinbhai Patel (collectively the "Promoter Selling Shareholders"), 400,000 equity shares aggregating to Rs. 15.40 crores by Umaben Girishbhai Patel (the "Promoter Group Selling Shareholder" and together with the promoter selling shareholders the "Selling Shareholders") aggregating to Rs. 375.00 crores (the "Offer for Sale"). The offer includes a reservation of 57,306 equity shares, aggregating to Rs.2.00 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 Rs. 36.00 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 Rs.10 each and the offer price is 38.50 times the face value of the equity shares. Issue Opens On Closes On 30-Jul-25 01-Aug-25 Money Payable On Application Allotment 385.00 0.00 Minimum Application for shares in Nos : 38 Further Multiples of : 38 Cr Lead Managers to the Issue Project Cost (.Cr) 275.00 DAM Capital Advisors Ltd Project Financed through Current Offer (.Cr) 650.00   Post Issue Equity Share Capital (.Cr) 57.14 Issue Price () 385.00

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 facilities Investment in IT software upgradation by its company Re-payment or pre-payment of term loans, in full or in part, of certain borrowings availed by the company General corporate purposes

Promoted By

Girishbhai Manibhai Patel

Chirag Hasmukhbai Patel

Malav Girishbhai Patel

Listing At

BSE

NSE

Registrar to the Issue

No Data Available