M&B Engineering, a leading player in the pre-engineered building (PEB) and self-supported roofing sector, has announced plans to raise ₹650 crore through an initial public offering (IPO). The move highlights the company’s intent to strengthen its market presence, enhance production capabilities, and reduce debt.
According to the proposed structure, ₹275 crore from the IPO proceeds will be allocated towards capital expenditure and repayment of existing borrowings, while the remaining ₹375 crore will be raised through an offer for sale. Post-listing, the promoters’ stake in the company is expected to reduce from a full 100 per cent to 70.5 per cent, reflecting a significant dilution aimed at broadening the company’s shareholder base.
A key strength of M&B Engineering lies in its Sanand facility in Gujarat, which stands out as the only PEB manufacturing plant in India certified by the American Institute of Steel Construction (AISC). This certification underscores the company’s commitment to international quality standards, giving it a competitive edge in a rapidly expanding market. The distinction is particularly relevant at a time when demand for sustainable, efficient, and standardised building solutions is on the rise across industrial, commercial, and warehousing segments.
Industry analysts note that the IPO positions M&B Engineering to capitalise on the fast-growing PEB sector in India. With increasing adoption of pre-engineered solutions in infrastructure, logistics, and large-scale industrial projects, the company is expected to benefit from rising demand for high-quality, quick-to-install steel structures.
By combining its certified manufacturing capabilities with the capital infusion from the IPO, M&B Engineering aims to strengthen its leadership in the PEB space while meeting the evolving needs of India’s infrastructure growth.
 capabilities, aiming to boost capacity, strengthen market presence, and support future growth.){kind=link}