Mamata Machinery IPO Date, Review, Price, Allotment Details

Mamata Machinery IPO GMP Today, Mamata Machinery IPO Grey Market Premium Updates | Mamata Machinery IPO, Latest target, Opening gain

Mamata Machinery IPO began on Dec 19, 2024. It will close on Dec 23, 2024. The Total IPO Size is ₹179.39 Crore Approx. The company set its IPO price is ₹230 to ₹243 per share Per Share. There are three basic categories in Mamata Machinery IPO Subscription:- 1) Qualified Institutional Buyers.  2) Non-Institutional Investors. 3) Retail.

Incorporated in April 1979, Mamata Machinery Limited manufactures and exports machines for making plastic bags, pouches, packaging, and extrusion equipment. The company provides manufacturing solutions for the packaging industry.

As of May 31, 2024, the company has exported machines to over 75 countries. The company has international offices in Bradenton, Florida, and Montgomery, Illinois, as well as sales agents in over five countries across Europe, South Africa, and Asia..

The company has two machine manufacturing facilities, one in India and one in the USA.

The company caters to FMCG, Food, & Beverage industries. The company’s customers include Balaji Wafers Private Limited, Dass Polymers Private Limited, Jflexy Packaging Private Limited, Euphoria Packaging Private Limited, Sunrise Packaging, Om Flex India, Chitale Foods, V3 Polyplast Private Limited, Dhalumal Packaging Industries LLC, Laxmi Snacks Private Limited, Ganges Jute Private Limited, Western India Cashew Company Private Limited and N. N. Print & Pack Private Limited and Gits Food Products Private Limited and Emirates National Factory for Plastic Ind LLC.

Competitive Strength

  • A major exporter of machinery and equipment for bag and pouch making, packaging, and co-extrusion blown film machinery and attachments.
  • Advanced manufacturing tools and material knowledge to customize systems and products based on customers’ needs.
  • Customer-centric operations, with an extensive global sales and distribution network.
  • Experienced Management Team

As of May 31, 2024, the company employs 87 skilled engineers and application experts in electronics, mechanics, software, and design.

Mamata Machinery IPO Details:

Issuer Mamata Machinery IPO
Issue Type Book Built Issue IPO
Issue Period Issue Opens: Dec 19, 2024
Issue Closes: Dec 23, 2024
Price Brand ₹230 to ₹243 per share
Issue Size ₹179.39 Cr
Face Value ₹10 per share
Market Lot 61 – Shares
Retail (Max) ₹192,699
QIB 50%
HNI 15%
Retail Individual Bidders 35%
Listing at NSE & BSE
✔️ Apply With ANGEL Free DEMAT Account
Total Shares 7,382,340 shares

Mamata Machinery IPO GMP Rates day by day

Mamata Machinery IPO Market Lot:

Application Lots Shares Amount
Retail (Min) 1 61 ₹14,823
Retail (Max) 13 793 ₹192,699
S-HNI (Min) 14 854 ₹207,522
S-HNI (Max) 67 4,087 ₹993,141
B-HNI (Min) 68 4,148 ₹1,007,964

Mamata Machinery IPO Date, Allotment & Listing:

Mamata Machinery IPO Opening Date: December 19, 2024
Mamata Machinery IPO Closing Date: December 23, 2024
Basis of Allotment: December 24, 2024
Initiation of Refunds: December 26, 2024
Credit to Demat Account: December 26, 2024
Listing Date: December 27, 2024

Mamata Machinery Limited Financial Information (Restated)

Mamata Machinery Limited’s revenue increased by 14.84% and profit after tax (PAT) rose by 60.52% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended 30 Jun 2024 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 240.85 237.49 228.47 216.33
Revenue 29.19 241.31 210.13 196.57
Profit After Tax 0.22 36.13 22.51 21.70
Net Worth 132.82 131.88 127.38 103.56
Total Borrowing 4.34 11.60 18.63 20.86
Amount in ₹ Crore

Key Performance Indicator

KPI as of March 31, 2024.

KPI Values
ROE 27.76%
ROCE 31.29%
Debt/Equity 0.09
RoNW 27.39%
PAT Margin (%) 15.27
Pre IPO Post IPO
P/E (x)  16.59

Objects of the Issue (Mamata Machinery IPO Objectives)

The Company will not receive any proceeds from the Offer (the ” Offer Proceeds”) and all the Offer Proceeds will be received by the Selling Shareholders post deduction of Offer-related expenses to be borne by the Selling Shareholders.

Mamata Machinery IPO ALLOTMENT STATUS

How to Apply for Mamata Machinery IPO?

If you’re a new investor Open a DEMAT Account for free with Angel One and build wealth with the best stock choices. Join a 1 million+ family of happy customers.

How to Apply Mamata Machinery IPO through Zerodha?

Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Mamata Machinery”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.

How to Apply Mamata Machinery IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Mamata Machinery”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before the UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released after the mandate expiry date.

PARENT COMPANY FOR SHAREHOLDER QUOTA

IPO ALLOTMENT TIPS & TRICKS

Frequently Asked Questions

What is Mamata Machinery IPO?

Mamata Machinery IPO is a main-board initial public offering of 7,382,340 –Equity shares of the face value of ₹10 aggregating up to ₹179.39 Crores. The issue price of the IPO is ₹230 to ₹243 Per Equity Share. The minimum order quantity is Shares per application and the offer type is Book Built Issue. The IPO opens on Dec 19, 2024 and closes on Dec 23, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

When Mamata Machinery IPO will open?

The Mamata Machinery IPO opens on Dec 19, 2024 and closes on Dec 23, 2024.

How to apply for Mamata Machinery IPO?

You can apply in Mamata Machinery IPO online using either UPI or ASBA as payment method. Beeline Capital Advisors Pvt Ltd is the book running lead manager of the Mamata Machinery IPO, while Link Intime India Private Ltd is the registrar for the issue.

When Mamata Machinery IPO allotment?

The finalization of Basis of Allotment for Mamata Machinery IPO will be done on Dec 24, 2024, and the allotted shares will be credited to your demat account by Dec 26, 2024.

Check the Mamata Machinery IPO allotment status.

When is Mamata Machinery IPO listing date?

The Mamata Machinery IPO listing date is not yet announced. The tentative date of Mamata Machinery IPO listing is Dec 27, 2024.

What is the lot size of Mamata Machinery IPO?

Mamata Machinery IPO lot size is 61 Shares and the minimum order quantity is 1 Shares.