Ajay Poly IPO vs M&B Engineering IPO

Comparison between Ajay Poly IPO and M&B Engineering IPO.

IPO Details

Ajay Poly 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 Ajay Poly IPO is up to ₹0.00 Cr whereas the issue size of the M&B Engineering IPO is up to ₹650.00 Cr. The final issue price of Ajay Poly IPO is and of M&B Engineering IPO is ₹385.00 per share.

 Ajay Poly IPOM&B Engineering IPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)₹366.00 per share
Issue Price (Upper)₹385.00 per share
Issue Price (Final)₹385.00 per share
Discount (Retail)
Discount (Employee)₹36.00 per share
Market Lot Size38 shares
Fresh Issue Size0 shares71,48,215 shares
Fresh Issue Size (Amount)up to ₹238.00 Crup to ₹275.12 Cr
OFS Issue Size93,00,000 shares97,40,259 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹374.88 Cr
Issue Size Total0 shares1,68,88,474 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹650.00 Cr

IPO Timetable

Ajay Poly IPO opens on , while M&B Engineering IPO opens on Jul 30, 2025. The closing date of Ajay Poly IPO and M&B Engineering IPO is , and Aug 01, 2025, respectively.

Financials & KPIs

Ajay Poly IPO P/E ratio is , as compared to M&B Engineering IPO P/E ratio of 24.98.

 Ajay Poly IPOM&B Engineering IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202431 Mar 202430 Jun 202331 Mar 202331 Mar 2022
Assets329.01297.46218.49202.33129.07
Total Income130.74366.3987.82242.25142.72
Profit After Tax12.1622.537.6312.993.64
NET Worth105.5093.2778.1570.5254.28
Reserves and Surplus104.5792.3477.2269.5853.39
Total Borrowing129.13119.1594.2182.5044.82
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)98.03100
Promoter Shareholding (Post-Issue)70.45
P/E Ratio24.98
Market Cap₹2200.00 Cr.
ROE27.37%25.13%
ROCE22.37%24.80%
Debt/Equity1.280.33
EPS₹15.41
RoNW27.37%25.14%

Shares Offered

In the Ajay Poly IPO Retail Individual Investors (RII) are offered while in M&B Engineering IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Ajay Poly IPO and 50,49,351 shares in M&B Engineering IPO.

 Ajay Poly IPOM&B Engineering IPO
Anchor Investor Reservation75,74,026 shares
Market Maker Reservation0 shares
QIB50,49,351 shares
NII25,24,675 shares
RII16,83,116 shares
Employee57,306 shares
Others
Total1,68,88,474 shares

Bids Received (Subscription)

Ajay Poly IPO subscribed in total, whereas M&B Engineering IPO subscribed 38.11x.

 Ajay Poly IPOM&B Engineering IPO
QIB (times)38.63x
NII (times)40.22x
Big NII (times)39.68x
Small NII (times)41.31x
RII (times)34.36x
Employee (times)8.59x
Other (times)
Total (times)38.11x

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Ajay Poly IPO Vs M&B Engineering IPO