M&B Engineering IPO allotment to be finalised today: Here's how to check your status

Synopsis

Investors eagerly await the M&B Engineering IPO allotment finalization. The IPO witnessed strong subscription across all categories. Allotment status can be checked online. Successful applicants will receive shares in their demat accounts soon. Refunds for unallotted investors will be processed. The listing is anticipated with a healthy premium. The company's strong presence in the PEB segment boosts investor confidence.

All eyes are on the allotment of M&B Engineering's Rs 650 crore IPO, which is likely to be finalized on August 4. Investors who subscribed to the issue—oversubscribed a robust 38.11 times—can check their allotment status online through the registrar’s website.

The company is expected to list on BSE and NSE on Wednesday with the grey market premium (GMP) steady at 12%, indicating a potential listing pop.

The IPO drew strong investor response across categories: QIBs subscribed 38.63 times, NIIs 40.22 times, and retail investors 34.36 times. The IPO comprised both a fresh issue worth Rs 275 crore and an offer for sale of Rs 375 crore.

Here's how to check M&B Engineering IPO allotment status

Via Link Intime (Registrar):

Visit https://linkintime.co.in/IPO/public-issues.html

Select "M&B Engineering Ltd." from the dropdown

Enter your PAN, Application Number, or DP/Client ID

Click “Search” to view allotment status

Via BSE Website:

Go to https://www.bseindia.com/investors/appli_check.aspx

Select “Equity” and the issue name “M&B Engineering”

Enter Application Number and PAN

Click “Search”

Applicants who get allotment will have shares credited to their demat accounts by August 5, and refunds for unallotted investors will also be processed the same day.

The listing on Wednesday is being keenly watched, with the Rs 385 issue price expected to command a healthy premium, given the strong order book, robust subscription, and the 12% GMP.

The company’s presence in the booming pre-engineered buildings (PEB) segment and a diversified clientele across industries is likely to add to investor confidence.

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