M&B Engineering Limited has made an initial public offering of equity shares aggregating to ₹650 crore, comprising a fresh issue of up to ₹275 crore and an offer for sale of up to ₹375 crore by certain selling shareholders.
Trilegal advised M&B Engineering on this IPO, according to the DRHP.
JSA Advocates & Solicitors advised Equirus Capital Private Limited and DAM Capital Advisors Limited, the Book Running Lead Managers, on this IPO.
The transaction team was led by Arka Mookerjee (Partner), with support from Siddhartha Desai (Partner), Govind Roy (Senior Associate), Ayushi Pandit (Associate), Prateek Khandelwal (Associate), Aditya Shendye (Associate), Anvita Sinha (Associate), Sharad Panwar (Associate) and Johann Duckworth (Junior Associate).
Founded in 1981, M&B Engineering Ltd. is a prominent subsidiary of the M&B Group. The Company provides customers with comprehensive turnkey solutions, covering project design, engineering, manufacturing and erection, all tailored to meet specific requirements across the industrial and infrastructure sectors. Their operations are organised into two main divisions: Phenix Construction Technologies and Proflex Roofing Solutions.
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