Investing in M&B Engineering IPO: Key Details
M&B Engineering, an Ahmedabad-based provider of pre-engineered buildings and self-supported steel roofing solutions, is set to launch its Rs 650-crore Initial Public Offering (IPO) from July 30 to Aug. 1. The IPO offers investors a chance to own a stake in the company by subscribing to the shares within the price band of Rs 366 to Rs 385 per equity share.
Key Things to Consider Before Investing
Before diving into the M&B Engineering IPO, here are 10 essential things that you should keep in mind:
- The IPO subscription period is from July 30 to Aug. 1.
- The price band for the equity shares is set between Rs 366 and Rs 385.
- Investors must place bids starting from a minimum of 38 shares and in multiples thereafter.
- The IPO comprises a fresh issue of 71 lakh shares and an offer-for-sale of 97 lakh shares.
- The shares of M&B Engineering will be listed on both the BSE and NSE on Aug. 6.
- Equirus Capital Private Ltd. and DAM Capital Advisors Ltd. are the book-running lead managers for the public issue.
If you are considering investing in the M&B Engineering IPO, it is crucial to assess the company’s financial health, market positioning, and growth prospects.
Make an informed decision based on your investment goals and risk tolerance.
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