Mamata Machinery IPO Logo

Mamata Machinery IPO

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Dec 19 to Dec 23 2024
Price Band ₹230 - 243
Current GMP ₹600 (146.91%)
Subscription 194.95 times

IPO Details

IPO Date
December 19, 2024 to December 23, 2024
Listing Date
Friday, December 27, 2024
Face Value
₹10 per share
Price Band
₹230 to ₹243 per share
Lot Size
61 Shares
Total Issue Size
73,82,340 shares (aggregating up to ₹179.39 Cr)
Offer for Sale
73,82,340 shares of ₹10 (aggregating up to ₹179.39 Cr)
Employee Discount
12.00
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE

IPO Subscription Details

Anchor Investors
1
Qualified Institutions
235.88
Non-Institutional Buyers
274.38
bNII (bids above ₹10L)
222.71
sNII (bids below ₹10L)
377.72
Retail Investors
138.08
Employees
153.26
Total **
194.95

Day Wise Sub

DayDay 1 Dec 19, 2024
QIB1.51
NII18.99
NII (> ₹10L)10.99
NII (< ₹10L)34.99
Retail24.23
EMP29.08
Total16.7
DayDay 2 Dec 20, 2024
QIB4.74
NII50.88
NII (> ₹10L)32.96
NII (< ₹10L)86.72
Retail52.96
EMP56.69
Total38.86
DayDay 3 Dec 23, 2024
QIB235.88
NII274.38
NII (> ₹10L)222.71
NII (< ₹10L)377.72
Retail138.08
EMP153.26
Total194.95

Day Wise GMP

Date27-12-2024
Price243.00
GMP260(107%)
Estimate List Price503
Date26-12-2024
Price243.00
GMP260(107%)
Estimate List Price503
Date25-12-2024
Price243.00
GMP255(104.94%)
Estimate List Price498
Date24-12-2024
Price243.00
GMP260(107%)
Estimate List Price503
Date23-12-2024
Price243.00
GMP260(107%)
Estimate List Price503
Date22-12-2024
Price243.00
GMP260(107%)
Estimate List Price503
Date21-12-2024
Price243.00
GMP260(107%)
Estimate List Price503
Date20-12-2024
Price243.00
GMP250(102.88%)
Estimate List Price493
Date19-12-2024
Price243.00
GMP260(107%)
Estimate List Price503
Date18-12-2024
Price243.00
GMP200(82.3%)
Estimate List Price443
Date17-12-2024
Price243.00
GMP111(45.68%)
Estimate List Price354
Date16-12-2024
Price243.00
GMP111(45.68%)
Estimate List Price354
Date15-12-2024
Price243.00
GMP92(37.86%)
Estimate List Price335
Date14-12-2024
Price243.00
GMP92(37.86%)
Estimate List Price335
Date13-12-2024
Price243.00
GMP75(30.86%)
Estimate List Price318

IPO Important Dates

IPO Open Date
Thursday, December 19, 2024
IPO Close Date
Monday, December 23, 2024
Basis of Allotment
Tuesday, December 24, 2024
Initiation of Refunds
Thursday, December 26, 2024
Credit of Shares to Demat
Thursday, December 26, 2024
Listing Date
Friday, December 27, 2024
Cut-off time for UPI mandate confirmation
5 PM on December 23, 2024

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares61
Amount₹14,823
ApplicationRetail (Max)
Lots13
Shares793
Amount₹1,92,699
ApplicationS-HNI (Min)
Lots14
Shares854
Amount₹2,07,522
ApplicationS-HNI (Max)
Lots67
Shares4,087
Amount₹9,93,141
ApplicationB-HNI (Min)
Lots68
Shares4,148
Amount₹10,07,964

Financial Information

Period EndedPeriod Ended
30 Jun 202430 Jun 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
30 Jun 2024240.85
31 Mar 2024237.49
31 Mar 2023228.47
Period EndedRevenue
30 Jun 202429.19
31 Mar 2024241.31
31 Mar 2023210.13
Period EndedProfit After Tax
30 Jun 20240.22
31 Mar 202436.13
31 Mar 202322.51
Period EndedNet Worth
30 Jun 2024132.82
31 Mar 2024131.88
31 Mar 2023127.38
Period EndedTotal Borrowing
30 Jun 20244.34
31 Mar 202411.6
31 Mar 202318.63

IPO Reservation

Investor CategoryAnchor Investor Shares Offered
Shares Offered22,04,113 (29.86%)
Maximum AllotteesNA
Investor CategoryQIB Shares Offered
Shares Offered14,69,557 (19.91%)
Maximum AllotteesNA
Investor CategoryNII (HNI) Shares Offered
Shares Offered11,02,101 (14.93%)
Maximum Allottees
Investor CategorybNII > ₹10L
Shares Offered7,34,734 (9.95%)
Maximum Allottees860
Investor CategorysNII < ₹10L
Shares Offered3,67,367 (4.98%)
Maximum Allottees430
Investor CategoryRetail Shares Offered
Shares Offered25,71,569 (34.83%)
Maximum Allottees42,156
Investor CategoryEmployee Shares Offered
Shares Offered35,000 (0.47%)
Maximum AllotteesNA
Investor CategoryTotal Shares Offered
Shares Offered73,82,340 (100%)
Maximum Allottees

Information about company

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

Objectives of IPO

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.

Disclaimer

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