GK Energy IPO vs M&B Engineering IPO

Comparison between GK Energy IPO and M&B Engineering IPO.

IPO Details

GK Energy IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while M&B Engineering IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of GK Energy IPO is up to ₹464.26 Cr whereas the issue size of the M&B Engineering IPO is up to ₹650.00 Cr. The final issue price of GK Energy IPO is ₹153.00 per share and of M&B Engineering IPO is ₹385.00 per share.

 GK Energy IPOM&B Engineering IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹145.00 per share₹366.00 per share
Issue Price (Upper)₹153.00 per share₹385.00 per share
Issue Price (Final)₹153.00 per share₹385.00 per share
Discount (Retail)
Discount (Employee)₹36.00 per share
Market Lot Size98 shares38 shares
Fresh Issue Size2,61,43,790 shares71,48,215 shares
Fresh Issue Size (Amount)up to ₹400.00 Crup to ₹275.12 Cr
OFS Issue Size42,00,000 shares97,40,259 shares
OFS Issue Size (Amount)up to ₹64.26 Crup to ₹374.88 Cr
Issue Size Total3,03,43,790 shares1,68,88,474 shares
Issue Size Total (Amount)up to ₹464.26 Crup to ₹650.00 Cr

IPO Timetable

GK Energy IPO opens on Sep 19, 2025, while M&B Engineering IPO opens on Jul 30, 2025. The closing date of GK Energy IPO and M&B Engineering IPO is Sep 23, 2025, and Aug 01, 2025, respectively.

 GK Energy IPOM&B Engineering IPO
Anchor Bid DateSep 18, 2025Jul 29, 2025
Issue OpenSep 19, 2025Jul 30, 2025
Issue CloseSep 23, 2025Aug 01, 2025
Basis Of Allotment (Tentative)Sep 24, 2025Aug 04, 2025
Initiation of Refunds (Tentative)Sep 25, 2025Aug 05, 2025
Credit of Share (Tentative)Sep 25, 2025Aug 05, 2025
Listing date (Tentative)Sep 26, 2025Aug 06, 2025
Anchor Lockin End date 1Oct 23, 2025Sep 02, 2025
Anchor Lockin End date 2Dec 22, 2025Nov 01, 2025

Financials & KPIs

GK Energy IPO P/E ratio is 20.29, as compared to M&B Engineering IPO P/E ratio of 24.98.

 GK Energy IPOM&B Engineering IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 2025
Assets583.62
Total Income1,099.18
Profit After Tax133.21
EBITDA199.69
NET Worth209.09
Reserves and Surplus175.07
Total Borrowing217.79
Amount in ₹ Crore

Company Financials (Restated Consolidated)

M&B Engineering Ltd.'s revenue increased by 23% and profit after tax (PAT) rose by 69% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets849.21633.11558.79
Total Income996.89808.26889.00
Profit After Tax77.0545.6332.89
EBITDA126.3879.6266.43
NET Worth306.53233.03180.51
Reserves and Surplus256.53183.03160.51
Total Borrowing186.13204.84148.75
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.29100
Promoter Shareholding (Post-Issue)78.6470.45
P/E Ratio20.2924.98
Market Cap₹3103.10 Cr.₹2200.00 Cr.
ROE63.71%25.13%
ROCE55.65%24.80%
Debt/Equity0.740.33
EPS₹7.54₹15.41
RoNW63.71%25.14%

Shares Offered

In the GK Energy IPO Retail Individual Investors (RII) are offered 1,06,20,327 shares while in M&B Engineering IPO retail investors are offered 1,06,20,327 shares. Qualified Institutional Buyers (QIB) are offered 60,68,758 shares in GK Energy IPO and 50,49,351 shares in M&B Engineering IPO.

 GK Energy IPOM&B Engineering IPO
Anchor Investor Reservation91,03,136 shares75,74,026 shares
Market Maker Reservation0 shares0 shares
QIB60,68,758 shares50,49,351 shares
NII45,51,569 shares25,24,675 shares
RII1,06,20,327 shares16,83,116 shares
Employee0 shares57,306 shares
Others
Total3,03,43,790 shares1,68,88,474 shares

Bids Received (Subscription)

GK Energy IPO subscribed 93.58x in total, whereas M&B Engineering IPO subscribed 38.11x.

 GK Energy IPOM&B Engineering IPO
QIB (times)193.01x38.63x
NII (times)128.56x40.22x
Big NII (times)144.08x39.68x
Small NII (times)97.51x41.31x
RII (times)21.78x34.36x
Employee (times)8.59x
Other (times)
Total (times)93.58x38.11x

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GK Energy IPO Vs M&B Engineering IPO