Mamata Machinery Limited

CLOSED

IPO 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 IPOAmount
Overall179.39 Cr
Fresh Issue0 Cr
Offer for Sale0 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date24 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.

DateIpo PriceGMPEstimated Listing Price
27 Dec 2024243260503 (107%)
26 Dec 2024243260503 (107%)
25 Dec 2024243255498 (104.94%)
24 Dec 2024243260503 (107%)
23 Dec 2024243260503 (107%)
22 Dec 2024243260503 (107%)
21 Dec 2024243260503 (107%)
20 Dec 2024243250493 (102.88%)
19 Dec 2024243260503 (107%)
18 Dec 2024243200443 (82.3%)
17 Dec 2024243111354 (45.68%)

Performance Mamata Machinery Limited

Issue PriceListing GainCurrent Market PriceP/L
230 to 243 1774 (159.26%) 377.955.51%

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 in1979
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

    CategorySubscription (No. of times)
    Qualified Institutional Buyers (QIBs)235.88
    Non-Institutional Investors (NIIs)274.38
    Retail Individual Investors (RIIs)138.08
    Employee153.27
    Total194.95