M&B Engineering IPO vs Travel Food Services IPO

Comparison between M&B Engineering IPO and Travel Food Services IPO.

IPO Details

M&B Engineering IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Travel Food Services 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 Travel Food Services IPO is up to ₹2,000.00 Cr. The final issue price of M&B Engineering IPO is ₹385.00 per share and of Travel Food Services IPO is ₹1,100.00 per share.

 M&B Engineering IPOTravel Food Services IPO
Face Value₹10 per share₹1 per share
Issue Price (Lower)₹366.00 per share₹1,045.00 per share
Issue Price (Upper)₹385.00 per share₹1,100.00 per share
Issue Price (Final)₹385.00 per share₹1,100.00 per share
Discount (Retail)
Discount (Employee)₹36.00 per share₹104.00 per share
Market Lot Size38 shares13 shares
Fresh Issue Size71,48,215 shares0 shares
Fresh Issue Size (Amount)up to ₹275.12 Crup to ₹0.00 Cr
OFS Issue Size97,40,259 shares1,81,82,802 shares
OFS Issue Size (Amount)up to ₹374.88 Crup to ₹2,000.00 Cr
Issue Size Total1,68,88,474 shares1,81,82,802 shares
Issue Size Total (Amount)up to ₹650.00 Crup to ₹2,000.00 Cr

IPO Timetable

M&B Engineering IPO opens on Jul 30, 2025, while Travel Food Services IPO opens on Jul 07, 2025. The closing date of M&B Engineering IPO and Travel Food Services IPO is Aug 01, 2025, and Jul 09, 2025, respectively.

 M&B Engineering IPOTravel Food Services IPO
Anchor Bid DateJul 29, 2025Jul 04, 2025
Issue OpenJul 30, 2025Jul 07, 2025
Issue CloseAug 01, 2025Jul 09, 2025
Basis Of Allotment (Tentative)Aug 04, 2025Jul 10, 2025
Initiation of Refunds (Tentative)Aug 05, 2025Jul 11, 2025
Credit of Share (Tentative)Aug 05, 2025Jul 11, 2025
Listing date (Tentative)Aug 06, 2025Jul 14, 2025
Anchor Lockin End date 1Sep 02, 2025Aug 08, 2025
Anchor Lockin End date 2Nov 01, 2025Oct 07, 2025

Financials & KPIs

M&B Engineering IPO P/E ratio is 24.98, as compared to Travel Food Services IPO P/E ratio of 38.15.

 M&B Engineering IPOTravel Food Services 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)

Travel Food Services Ltd.'s revenue increased by 21% and profit after tax (PAT) rose by 27% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets1,902.731,696.441,332.32
Total Income1,762.711,462.401,103.58
Profit After Tax379.66298.12251.30
EBITDA676.35549.99458.05
NET Worth1,048.45869.05651.12
Reserves and Surplus1,040.24869.74651.60
Total Borrowing63.7831.05
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100100
Promoter Shareholding (Post-Issue)70.4586.19
P/E Ratio24.9838.15
Market Cap₹2200.00 Cr.₹14484.74 Cr.
ROE25.13%35.47%
ROCE24.80%51.40%
Debt/Equity0.33
EPS₹15.41₹28.83
RoNW25.14%34.64%

Shares Offered

In the M&B Engineering IPO Retail Individual Investors (RII) are offered 16,83,116 shares while in Travel Food Services 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 36,29,091 shares in Travel Food Services IPO.

 M&B Engineering IPOTravel Food Services IPO
Anchor Investor Reservation75,74,026 shares54,43,635 shares
Market Maker Reservation0 shares0 shares
QIB50,49,351 shares36,29,091 shares
NII25,24,675 shares27,21,818 shares
RII16,83,116 shares63,50,909 shares
Employee57,306 shares40,160 shares
Others
Total1,68,88,474 shares1,81,85,613 shares

Bids Received (Subscription)

M&B Engineering IPO subscribed 38.11x in total, whereas Travel Food Services IPO subscribed 3.03x.

 M&B Engineering IPOTravel Food Services IPO
QIB (times)38.63x8.10x
NII (times)40.22x1.67x
Big NII (times)39.68x1.83x
Small NII (times)41.31x1.33x
RII (times)34.36x0.73x
Employee (times)8.59x1.81x
Other (times)
Total (times)38.11x3.03x

Compare with others

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M&B Engineering IPO Vs Travel Food Services IPO