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M&B Engineering IPO Subscription Status

M&B Engineering IPO was subscribed 38.1 times when bidding closed on 1 Aug 2025: QIB 38.63x, NII 40.22x, Retail 34.36x.

The M&B Engineering IPO has been subscribed 38.1x times overall. Retail investors have shown interest with bids for 34.36x the shares available. The Non-Institutional Investor (NII) category has been subscribed 40.22x. Within NII, Big HNI (B-HNI) subscribed 39.68x and Small HNI (S-HNI) subscribed 41.31x. Qualified Institutional Buyers (QIBs) have subscribed 38.63x. Data last updated on 10 Nov, 01:05 AM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 30 Jul, 2025 and closes on 01 Aug, 2025. The shares are expected to list on stock exchanges on 06 Aug, 2025.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 01:05 AM
Category Bid details Times
QIB - of - - 38.63x
NII - of - - 40.22x
bHNI — bid amount above ₹10 Lakh
- - 39.68
sHNI — bid amount ₹2–10 Lakh
- - 41.31
Retail - of - - 34.36x
Employee - of - - 8.59x
TOTAL - 13,88,402 applications - 38.1x
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M&B Engineering IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹385.

Applications
13,88,402
Allottees
49,457
Overall odds
1 out of 28
Amount collected
₹13,843 Cr
Category Apps Got Odds
TOTAL 21.30x subscribed 13,88,402 49,457 1 out of 28

M&B Engineering IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 34
~2.9% chance per PAN — based on 34.36x subscription. Winners get exactly 1 lot (₹14,630) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 41
~2.4% chance — based on 41.31x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 40
~2.5% chance — based on 39.68x subscription. Lottery allots the minimum NII application of 14 lots (₹2 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
38.63x
Proportionate allotment — at 38.63x, institutions receive ~2.6% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 35 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 38.63x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
01 Aug 2025
Day 3
38.1x ▼
QIB38.63x BHNI39.68x SHNI41.31x Retail34.36x Employee8.59x
31 Jul 2025
Day 2
2.94x ▼
QIB0.02x BHNI3.31x SHNI6.39x Retail9.57x
30 Jul 2025
Day 1
0.66x ▼
QIB- BHNI0.61x SHNI0.77x Retail2.59x

M&B Engineering IPO dates

From the bidding window to listing. Today is 10 November.

Key dates Listed
  1. Open 30 Jul 2025
  2. Close 01 Aug 2025
  3. Allotment 04 Aug 2025
  4. Refund/credit 05 Aug 2025
  5. Listing 06 Aug 2025

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

Anchor Investor Amt (₹ cr.) % Allocated
ABU DHABI INVESTMENT AUTHORITY-STABLE ₹35.00 Cr 12.00%
HDFC MANUFACTURING FUND ₹31.25 Cr 10.72%
ADITYA BIRLA SUN LIFE SMALL CAP FUND ₹30.00 Cr 10.29%
KOTAK INFRASTRUCTURE & ECONOMIC REFORM FUND ₹18.75 Cr 6.43%
KOTAK MANUFACTURE IN INDIA FUND ₹18.75 Cr 6.43%
WHITEOAK CAPITAL SPECIAL OPPORTUNITIES FUND ₹15.00 Cr 5.14%
BANDHAN LARGE & MID CAP FUND ₹12.50 Cr 4.29%
BANDHAN SMALL CAP FUND ₹12.50 Cr 4.29%
PINEBRIDGE GLOBAL FUNDS-PINEBRIDGE INDIA EQUITY FUND ₹12.50 Cr 4.29%
ABAKKUS GROWTH FUND-2 ₹12.50 Cr 4.29%
IKIGAI EMERGING EQUITY FUND ₹12.50 Cr 4.29%
SBI GENERAL INSURANCE CO.LTD. ₹10.00 Cr 3.43%
ASHOKA INDIA EQUITY INVESTMENT TRUST PLC ₹10.00 Cr 3.43%
NUVAMA CROSSOVER OPPORTUNITIES FUND-SERIES III A ₹9.55 Cr 3.28%
WHITEOAK CAPITAL FLEXI CAP FUND ₹8.57 Cr 2.94%
CARNELIAN STRUCTURAL SHIFT FUND ₹7.05 Cr 2.42%
HDFC BUSINESS CYCLE FUND ₹6.25 Cr 2.14%
JM SMALL CAP FUND ₹5.00 Cr 1.71%
JM VALUE FUND ₹5.00 Cr 1.71%
INTEGRATED CORE STRATEGIES (ASIA) PTE.LTD. ₹5.00 Cr 1.71%
SOCIETE GENERALE-ODI ₹5.00 Cr 1.71%
ITI MID CAP FUND ₹5.00 Cr 1.71%
WHITEOAK CAPITAL MULTI CAP FUND ₹3.30 Cr 1.13%
WHITEOAK CAPITAL ELSS TAX SAVER FUND ₹0.63 Cr 0.22%
TOTAL ₹291.60 Cr 100.00%
View allotment letter PDF →

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of M&B Engineering IPO?

As of IPO close date (01 Aug, 2025), the M&B Engineering IPO is subscribed 38.1x times. Retail category is 34.36x, and NII is 40.22x subscribed.

When is the allotment date for M&B Engineering IPO?

The allotment for M&B Engineering IPO is expected to be finalized on 04 August, 2025.

What is the GMP of M&B Engineering?

The Grey Market Premium (GMP) for M&B Engineering is currently ₹47, indicating a potential listing gain of 12%.

When will M&B Engineering IPO list on the stock market?

M&B Engineering is scheduled to list on BSE and NSE on 06 August, 2025.

What are the chances of getting allotment in M&B Engineering IPO?

The retail category is oversubscribed at 34.36x, meaning allotment is by lottery. Statistically, approximately 1 in 35 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 38.63x mean for M&B Engineering IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 38.63x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check M&B Engineering IPO allotment status?

After the allotment date (04 Aug, 2025), you can check your M&B Engineering IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
38.1x
QIB
38.63x
NII
40.22x
bHNI
39.68x
sHNI
41.31x
Retail
34.36x
Full IPO details
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