Engineering

M&B Engineering Limited is set to open its Initial Public Offering (IPO) on July 30, aiming to raise Rs. 650 crore from the primary market. The offering is expected to include both fresh equity issuance and an offer for sale by existing shareholders. Proceeds from the IPO will be used for capacity enhancement, debt reduction, and strategic expansion initiatives. The company's strong positioning in industrial engineering services, combined with favorable sector dynamics and robust investor appetite, sets the stage for a promising market debut.

Transrail Lighting, a prominent engineering, procurement, and construction (EPC) player in India’s power transmission and distribution landscape, is aggressively scaling operations with the goal of capturing an 8–10% share of Power Grid Corporation of India’s FY26 project allocations. The company is capitalizing on robust infrastructure investment, an expanding international footprint across 59 countries, and a strong unexecuted order book exceeding Rs. 15,900 crore.