Mamata Machinery IPO
Open MainLineCurrent GMP
₹260 (+107.00%)
Price Band
₹ 230 – 243
Lot Size
61
Issue Size
₹179.39 Cr
Minimum Investment
₹14823 (61 Shares)
Listing Date
27 December 2024
Subscription
194.95x
About the Company
Mamata Machinery Limited is a leading manufacturer and exporter of plastic bag and pouch making machines, packaging machinery, and extrusion equipment. The company offers comprehensive end-to-end solutions for the packaging industry, providing machinery used across various sectors such as food, FMCG, e-commerce, and garment packaging.
Founded in 1989, Mamata initially focused on microprocessor-controlled bag-making machines. Over the years, the company expanded its product range to include film extrusion machinery and entered international markets, including the European Union and the United States. Today, Mamata operates through its wholly-owned subsidiary, Mamata Enterprises Inc., which generates a significant portion of its revenue from global markets. The company’s products are used in over 75 countries, with offices and agents across continents including the USA, Europe, South Africa, and Asia.
Mamata’s product portfolio includes:
- Bag and Pouch Making Machines: Machines for converting plastic films into various bags and pouches.
- Packaging Machines: Horizontal and vertical form fill seal machines (HFFS, VFFS) and pick-fill-seal machines (PFS) for packing end products.
- Co-extrusion Blown Film Machines: Machines that process polymers into multi-layer films, ranging from mono-layer to seven-layer films.
The company sells its machines under the brand names "Vega" and "Win," and has installed over 4,500 machines globally. Mamata serves numerous well-known customers, including Balaji Wafers, Dass Polymers, Chitale Foods, Hershey India, and many more.
Mamata has a strong presence in the growing Indian packaging industry, which is projected to reach a value of USD 130 billion by 2023. The Indian flexible packaging market alone is expected to grow at a compound annual growth rate (CAGR) of 12.6% between 2022 and 2027.
The company operates two manufacturing facilities, one in India and one in the USA, and maintains a focus on quality and innovation. It holds patents for various innovative technologies in the packaging sector, with a dedicated team of engineers working on design and development.
Mamata’s machinery and equipment are recognized for their high quality, with the company's manufacturing facility in India certified for international quality standards (ISO 9001:2015). The company also invests in research and development to continually improve its product offerings and remain at the forefront of the packaging industry.
Promoters
The promoters of the Company are
- Mahendra Patel
- Chandrakant Patel
- Nayana Patel
- Bhagvati Patel
- Mamata Group Corporate Services LLP
- Mamata Management Services LLP
Promoters Holding
Holding Pre Issue
92.45%
Holding Post Issue
0.00%
Objects of the Issue
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.
Address / Contact Info
Mamata Machinery Limited
Survey No. 423/P, Sarkhej-Bavla Road
N.H No. 8A, Moraiya, Sanand,
Ahmedabad, Gujarat – 382 213
Phone: 02717–630 800/801
Email: investor@mamata.com
Website: https://www.mamata.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Thursday, 19 December 2024
IPO Close Date
Monday, 23 December 2024
Basis of Allotment
Tuesday, 24 December 2024
Initiation of Refunds
Thursday, 26 December 2024
Credit of Shares to Demat
Thursday, 26 December 2024
Listing Date
Friday, 27 December 2024 — NSE & BSE
Important Dates
Open Date
19 December 2024
Close Date
23 December 2024
Basis Of Allotment
24 December 2024
Listing Date
27 December 2024
Financial Performance (₹ in Crores)
| Particular | 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 | 21.7 |
| Net Worth | 132.82 | 131.88 | 127.38 | 103.56 |
| Reserve & Surplus | 0 | 0 | 0 | 0 |
| Total Borrowings | 4.34 | 11.6 | 18.63 | 20.86 |
EPS Pre
0.00%
EPS Post
0.00%
P/E Pre
16.59
P/E (Post Issue)
0.00x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 27.76 |
| ROCE % | 31.29 |
| Debt / Equity | 0.09 |
| RoNW % | 27.39 |
| PbW | 0 |
| Pat Margin % | 15.27 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 2204202 | 29.86 | 0 |
| Qualified Institutions | 1469557 | 19.91 | 0 |
| Non-Institutional | 1102101 | 14.93 | 0 |
| BNII | 734734 | 9.95 | 0 |
| SNII | 367367 | 4.98 | 0 |
| Retail Investors | 2571569 | 34.83 | 0 |
| Employees | 35000 | 0.47 | 0 |
| Total | 7382340 | 100 | 0 |
Subscription Status ( Mon, 23 Dec 24 01:07 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 1469557 | 346643968 | 235.88x |
| Non-Institutional | 1102101 | 302393470 | 274.38x |
| BNII | 734734 | 163630731 | 222.71x |
| SNII | 367367 | 138762739 | 377.72x |
| Retail Investors | 2571569 | 355080085 | 138.08x |
| Employees | 35000 | 5364279 | 153.27x |
| Total | 5178227 | 1009481802 | 194.95x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 61 | 14,823.00 |
| Retail (Max) | 13 | 793 | 192,699.00 |
| S-HNI (Min) | 14 | 854 | 207,522.00 |
| S-HNI (Max) | 67 | 4,087 | 993,141.00 |
| B-HNI (Min) | 68 | 4,148 | 1,007,964.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Mamata Machinery IPO is a Book-building IPO worth ₹179.39 crores. The price band is ₹230 to 243 per share. The IPO opens on Thu, Dec 19, 2024 and closes on Mon, Dec 23, 2024. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Mamata Machinery IPO opens on Thu, Dec 19, 2024 and closes on Mon, Dec 23, 2024
Mamata Machinery IPO Price Band is ₹230 to 243.
Mamata Machinery IPO lot size is 61, and the minimum amount required for application is ₹14823.
The minimum investment for Mamata Machinery IPO is approximately ₹14823 based on the upper price band.
To apply for the Mamata Machinery IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Mon, Dec 23, 2024. After submission, funds are blocked until the basis of allotment of Mamata Machinery IPO is finalised.
Mamata Machinery IPO issue size is ₹179.39 crores.
Mamata Machinery IPO allotment date is Sat, Jun 27, 2026.
The registrar for Mamata Machinery IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Mamata Machinery IPO through their official website or helpline.
The Mamata Machinery IPO GMP (Grey Market Premium) is ₹260 as of Fri, Dec 27, 2024. Based on the upper price band of ₹243 per share, the estimated Mamata Machinery IPO listing price is ₹503, indicating a potential listing gain of approximately 31% over the issue price.