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M&B Engineering IPO Allotment Status: Here's How to Check If You Got Shares

By HDFC SKY | Published at: Aug 2, 2025 01:35 PM IST

M&B Engineering IPO Allotment Status: Here's How to Check If You Got Shares
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Mumbai, August 2, 2025 – The allotment status for M&B Engineering Limited’s ₹650 crore IPO will be available soon, with finalization expected on Monday, August 4, 2025. Investors can use a variety of platforms to check if they’ve received shares in what turned out to be one of the most oversubscribed IPOs of the year.

M&B Engineering IPO was subscribed 36.20 times overall, led by strong institutional and retail participation. Due to the steep oversubscription, particularly in the retail and NII categories, allotments will be made through a computerized lottery.

Allotment Status on BSE: Fastest Way to Know If You Got Shares

The Bombay Stock Exchange (BSE) provides a quick and convenient method to check IPO allotment results – no login or OTP required.

Steps to check via BSE:

  • Visit: https://www.bseindia.com/investors/appli_check.aspx
  • Select ‘Equity’ as the issue type
  • Choose ‘M&B Engineering Limited’ from the dropdown
  • Enter your Application Number or PAN
  • Complete the CAPTCHA and click ‘Search’

This platform is typically among the first to reflect allotment results upon finalization.

NSE Portal: Verify Bid Upload and Allotment Together

The National Stock Exchange (NSE) portal is ideal for confirming whether your bid was successfully uploaded and later checking your allotment.

Steps to check via NSE:

  • Go to: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
  • Select ‘Equity & SME IPO Bid Details
  • Choose ‘National Securities Depository Ltd
  • Enter your PAN and Application Number
  • Click ‘Submit’

This is especially helpful for verifying the accuracy of your application submission with the exchange.

Registrar Portal (MUFG): Official Source for Final Allotment Results

MUFG Intime India Pvt Ltd, the official registrar to the issue, will publish the most authoritative allotment status. This includes full, partial, or no allotment details, along with refund initiation and demat credit status.

Steps to check on MUFG:

  • Visit: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
  • Select ‘M&B Engineering Limited’ from the dropdown
  • Choose a search method:
    • PAN
    • Application Number
    • DP/Client ID
    • Bank Account Number / IFSC
  • Enter your details and click ‘Submit’

This portal offers the most detailed view of your application outcome once activated.

What Happens After Allotment?

According to the IPO schedule:

Process Date
Refunds Initiated August 5
Shares Credited to Demat August 5
Stock Exchange Listing August 6

IPO Snapshot

Category Subscription (x)
QIBs 36.72
Non-Institutional 38.24
Retail Individual 32.53
Employee 8.13
Total 36.20

The issue received bids for over 35 crore shares against just 97.98 lakh shares on offer, including 4.74 crore shares at the cut-off price, reflecting widespread investor interest.

About the Company

M&B Engineering Limited is a leading pre-engineered buildings (PEBs) and steel roofing solutions company operating under its Phenix and Proflex brands. With dual manufacturing hubs in Gujarat and Tamil Nadu, the company serves industries ranging from warehousing to food processing.

Anchor Investors Backed the IPO with ₹291.60 Crore

Ahead of the IPO opening, M&B Engineering raised ₹291.60 crore through anchor investors by allotting 75,74,026 equity shares at ₹385 per share on July 29, 2025.

Notable Anchor Investors:

Anchor Investor Shares Allotted Investment (₹ Cr)
Abu Dhabi Investment Authority 9,09,074 ₹34.99
HDFC MF – Manufacturing Fund 8,11,680 ₹31.25
Aditya Birla Sun Life – Small Cap Fund 7,79,190 ₹29.99
Kotak Infra & Economic Reform Fund 4,87,008 ₹18.74
WhiteOak Capital Special Opportunities Fund 3,89,614 ₹15.00

In total, 24 investors were allocated shares, with domestic mutual funds accounting for over 59% of the anchor book, including schemes from WhiteOak, Bandhan, Ashoka, and HDFC.

Disclaimer:  At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations

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