Mamata Machinery Limited
CLOSEDIPO Date: 19 Dec - 23 Dec 2024
Listing Date: 27 Dec 2024
Price Range
230 to 243
Issue Size
179.39 Cr
Min Investment
₹14,030
Lot Size
61 Shares
Schedule of Mamata Machinery Limited
Issue open date
19 Dec 2024
Issue close date
23 Dec 2024
UPI mandate deadline
23 Dec 2024 (5 PM)
Allotment finalization
24 Dec 2024
Share credit
26 Dec 2024
Listing date
27 Dec 2024
Mandate end date
7 Jan 2025
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 179.39 Cr |
| Fresh Issue | 0 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 24 Dec 2024 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 27 Dec 2024 | ₹243 | ₹260 | ₹503 (107%) |
| 26 Dec 2024 | ₹243 | ₹260 | ₹503 (107%) |
| 25 Dec 2024 | ₹243 | ₹255 | ₹498 (104.94%) |
| 24 Dec 2024 | ₹243 | ₹260 | ₹503 (107%) |
| 23 Dec 2024 | ₹243 | ₹260 | ₹503 (107%) |
| 22 Dec 2024 | ₹243 | ₹260 | ₹503 (107%) |
| 21 Dec 2024 | ₹243 | ₹260 | ₹503 (107%) |
| 20 Dec 2024 | ₹243 | ₹250 | ₹493 (102.88%) |
| 19 Dec 2024 | ₹243 | ₹260 | ₹503 (107%) |
| 18 Dec 2024 | ₹243 | ₹200 | ₹443 (82.3%) |
| 17 Dec 2024 | ₹243 | ₹111 | ₹354 (45.68%) |
Performance Mamata Machinery Limited
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| 230 to 243 | ₹ 1774 (159.26%) | ₹ 377.9 | 55.51% |
About Mamata Machinery Limited
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
| Founded in | 1979 |
| Managing director | |
| Parent organization |
Financial Overview
Strengths
- 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
Risks
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 235.88 |
| Non-Institutional Investors (NIIs) | 274.38 |
| Retail Individual Investors (RIIs) | 138.08 |
| Employee | 153.27 |
| Total | 194.95 |