M&B Engineering IPO vs Seshaasai Technologies IPO

Comparison between M&B Engineering IPO and Seshaasai Technologies IPO.

IPO Details

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

Issue Size and Price

The total issue size of M&B Engineering IPO is up to ₹650.00 Cr whereas the issue size of the Seshaasai Technologies IPO is up to ₹813.28 Cr. The final issue price of M&B Engineering IPO is ₹385.00 per share and of Seshaasai Technologies IPO is ₹423.00 per share.

 M&B Engineering IPOSeshaasai Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹366.00 per share₹402.00 per share
Issue Price (Upper)₹385.00 per share₹423.00 per share
Issue Price (Final)₹385.00 per share₹423.00 per share
Discount (Retail)
Discount (Employee)₹36.00 per share₹40.00 per share
Market Lot Size38 shares35 shares
Fresh Issue Size71,48,215 shares1,13,52,526 shares
Fresh Issue Size (Amount)up to ₹275.12 Crup to ₹480.21 Cr
OFS Issue Size97,40,259 shares78,74,015 shares
OFS Issue Size (Amount)up to ₹374.88 Crup to ₹333.07 Cr
Issue Size Total1,68,88,474 shares1,92,26,541 shares
Issue Size Total (Amount)up to ₹650.00 Crup to ₹813.28 Cr

IPO Timetable

M&B Engineering IPO opens on Jul 30, 2025, while Seshaasai Technologies IPO opens on Sep 23, 2025. The closing date of M&B Engineering IPO and Seshaasai Technologies IPO is Aug 01, 2025, and Sep 25, 2025, respectively.

 M&B Engineering IPOSeshaasai Technologies IPO
Anchor Bid DateJul 29, 2025Sep 22, 2025
Issue OpenJul 30, 2025Sep 23, 2025
Issue CloseAug 01, 2025Sep 25, 2025
Basis Of Allotment (Tentative)Aug 04, 2025Sep 26, 2025
Initiation of Refunds (Tentative)Aug 05, 2025Sep 29, 2025
Credit of Share (Tentative)Aug 05, 2025Sep 29, 2025
Listing date (Tentative)Aug 06, 2025Sep 30, 2025
Anchor Lockin End date 1Sep 02, 2025Oct 25, 2025
Anchor Lockin End date 2Nov 01, 2025Dec 24, 2025

Financials & KPIs

M&B Engineering IPO P/E ratio is 24.98, as compared to Seshaasai Technologies IPO P/E ratio of 28.63.

 M&B Engineering IPOSeshaasai Technologies IPO
Financials

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

Company Financials (Restated Consolidated)

Seshaasai Technologies Ltd.'s revenue decreased by 6% and profit after tax (PAT) rose by 31% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets1,160.39958.41782.54
Total Income1,473.621,569.671,153.84
Profit After Tax222.32169.28108.10
EBITDA370.37303.01207.43
NET Worth669.67465.58321.64
Reserves and Surplus490.52286.43201.29
Total Borrowing378.68350.24311.99
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10093.21
Promoter Shareholding (Post-Issue)70.4581.8
P/E Ratio24.9828.63
Market Cap₹2200.00 Cr.₹6844.18 Cr.
ROE25.13%34.84%
ROCE24.80%31.87%
Debt/Equity0.330.37
EPS₹15.41₹14.78
RoNW25.14%33.20%

Shares Offered

In the M&B Engineering IPO Retail Individual Investors (RII) are offered 16,83,116 shares while in Seshaasai Technologies IPO retail investors are offered 16,83,116 shares. Qualified Institutional Buyers (QIB) are offered 50,49,351 shares in M&B Engineering IPO and 38,34,864 shares in Seshaasai Technologies IPO.

 M&B Engineering IPOSeshaasai Technologies IPO
Anchor Investor Reservation75,74,026 shares57,52,296 shares
Market Maker Reservation0 shares0 shares
QIB50,49,351 shares38,34,864 shares
NII25,24,675 shares28,76,149 shares
RII16,83,116 shares67,11,013 shares
Employee57,306 shares52,219 shares
Others
Total1,68,88,474 shares1,92,26,541 shares

Bids Received (Subscription)

M&B Engineering IPO subscribed 38.11x in total, whereas Seshaasai Technologies IPO subscribed 69.64x.

 M&B Engineering IPOSeshaasai Technologies IPO
QIB (times)38.63x189.49x
NII (times)40.22x51.43x
Big NII (times)39.68x54.40x
Small NII (times)41.31x45.49x
RII (times)34.36x9.46x
Employee (times)8.59x9.50x
Other (times)
Total (times)38.11x69.64x

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M&B Engineering IPO Vs Seshaasai Technologies IPO