M&B Engineering Ltd, a civil construction company, made its stock market debut on Wednesday, 6 August 2025, with a relatively subdued response from investors. The stock listed flat on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), at its issue price.
Despite the flat opening, M&B Engineering shares quickly gained momentum, surging nearly 9% to reach an intraday high of ₹418.80. By 01:05 pm, the stock was trading at ₹405, reflecting a gain of ₹20 or 5.19% from its listing price.
M&B Engineering IPO Details and Subscription
M&B Engineering’s ₹650 crore initial public offering (IPO) received an overwhelming response, closing with a subscription of 36.2 times the total shares on offer. The IPO was open for public subscription from 30 July to 1 August 2025, and it was offered with 75% of the offer size allocated for qualified institutional buyers (QIBs), 15% for non-institutional investors (NIIs), and 10% reserved for retail participants.
Ahead of the IPO, the company raised nearly ₹292 crore from anchor investors, which included participation from both domestic and foreign institutional investors like HDFC Mutual Fund, Aditya Birla Sun Life Mutual Fund, Abu Dhabi Investment Authority, and Bandhan Mutual Fund.
Company Valuation
By 1:05 pm on its listing day, M&B Engineering’s market capitalisation was reported to be ₹2,315.93 crore, as per the official data from the Bombay Stock Exchange.
Conclusion
Although M&B Engineering’s stock listed flat, its subsequent surge in price reflects investor optimism about the company’s future prospects. The overwhelming subscription to its IPO suggests that market participants are confident in the company’s growth potential. Investors will now closely monitor how the company progresses, especially in the competitive civil construction sector.
If you are exploring more investment opportunities, check out our dedicated page on upcoming IPO listings to stay updated on the latest market offerings.
