M & B Engineering shares saw a flat listing at ₹385 on the NSE on Wednesday. The shares, though, declined slightly post listing, however, they recovered too.
M & B Engineering share price movement
M & B Engineering’s share price got listed at ₹385 on the NSE on Wednesday at par with the upper end of the IPO price. M & B Engineering’s IPO price band had been set at ₹385.
The M & B Engineering shares post listing, however, saw a decline, though they also recovered . Overall, the M & B Engineering shares remained range-bound thereafter between highs of ₹407.60 and lows of ₹373.50.
M & B Engineering IPO saw strong investor interest
M&B Engineering IPO was subscribed 38.11 times. By August 1, 2025, the public offering had been subscribed 34.36 times in the retail category, 38.63 times in the QIB category, and 40.22 times in the NII category.
The bookbuilding M&B Engineering’s IPO was valued at ₹650.00 crores. The offering consisted of an offer to sell 0.97 crore shares worth ₹375.00 crores and a new issue of 0.71 crore shares for ₹275.00 crores.
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