Mamata Machinery IPO
GMP, Subscription, Price, Dates & Financial Details
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,…
Open Date
Thu, 19 Dec 2024
Close Date
Mon, 23 Dec 2024
Price Band
₹ 230 – 243
Lot Size
61
Issue Size
₹ 179.00 Cr
Minimum Investment
₹ 14,823 (61 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Mamata Machinery IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹179.00 Crore and an offer for sale (OFS) of 73.82 Lakh equity shares aggregating to ₹179.00 Crore by the existing shareholders.
The Mamata Machinery IPO remained open for subscription from December 19, 2024, to December 23, 2024. The basis of allotment was finalized on December 24, 2024, and the company's shares were listed on the NSE and BSE on December 27, 2024.
The company had fixed the price band at ₹230 to ₹243 per share, with a lot size of 61 shares. Retail investors were required to make a minimum investment of ₹14,823 (based on the upper price band) to apply for one lot.
The IPO also included a reservation of 35,000 equity shares for eligible employees, who received a discount of ₹12 per share.
MUFG Intime India Private Limited served as the registrar to the issue. Beeline Capital Advisors Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Mamata Machinery Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Mamata Machinery IPO Timeline (Tentative)
- IPO Open Date
- Thu, 19 Dec 24
- IPO Close Date
- Mon, 23 Dec 24
- Basis of Allotment
- Tue, 24 Dec 24
- Initiation of Refunds
- Thu, 26 Dec 24
- Credit of Shares to Demat
- Thu, 26 Dec 24
- Listing Date
- Fri, 27 Dec 24 — NSE & BSE
Open Date
19 December 2024
Close Date
23 December 2024
Basis Of Allotment
24 December 2024
Listing Date
27 December 2024
IPO Subscription
Check Live Subscription →The Mamata Machinery IPO has received bids for 1,00,94,81,802 shares against 51,78,227 shares offered, resulting in an overall subscription of 194.95x. the NII category is subscribed 274.38x, Retail Investors 138.08x, Employees 153.27x, and QIBs 235.88x. Within the NII category, BNII is subscribed 222.71x, while SNII is subscribed 377.72x.
QIB
235.88x
NII
274.38x
BNII
222.71x
SNII
377.72x
RII
138.08x
EMP
153.27x
Total
194.95x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 25,71,569 shares, representing 34.83% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 14,69,557 shares (19.91%), while Non-Institutional Investors (NIIs) receive 11,02,101 shares (14.93%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Anchor Investors | 2,204,202 | 29.86% |
| Qualified Institutions | 1,469,557 | 19.91% |
| Non-Institutional | 1,102,101 | 14.93% |
| BNII | 734,734 | 9.95% |
| SNII | 367,367 | 4.98% |
| Retail Investors | 2,571,569 | 34.83% |
| Employees | 35,000 | 0.47% |
| Total | 7,382,340 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Mamata Machinery Limited KPI Information
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 27.76 |
| ROCE % | 31.29 |
| Debt / Equity | 0.09 |
| RoNW % | 27.39 |
| Pat Margin % | 15.27 |
Peers Comparison
No Peer Comparision Available
About Mamata Machinery Limited
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.
Mamata Machinery IPO 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%
Mamata Machinery IPO Objective
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 Limited Address / Contact Details
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
Mamata Machinery IPO Lot Size
The Mamata Machinery IPO has a lot size of 61 shares. Retail investors require a minimum investment of ₹14,823 by applying for 1 lot (61 shares). The maximum application allowed for the retail category is 13 lots (793 shares), requiring an investment of ₹1,92,699.
| 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 |
Issue Reservation
- Anchor Investors — 29.86%
- QIB — 19.91%
- NII — 14.93%
- RII — 34.83%
- EMP — 0.47%
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Mamata Machinery IPO?
Mamata Machinery IPO is a Book-building IPO with a total issue size of ₹179 crore. The Mamata Machinery IPO price band is ₹230 to 243 per share. The Mamata Machinery IPO subscription opens on Thu, Dec 19, 2024, and closes on Mon, Dec 23, 2024. The Mamata Machinery IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Mamata Machinery IPO.
When will the Mamata Machinery IPO open for subscription?
The Mamata Machinery IPO opens on Thu, Dec 19, 2024 and closes on Mon, Dec 23, 2024
What is Mamata Machinery IPO Price Band?
Mamata Machinery IPO Price Band is ₹230 to 243 per share.
What is Mamata Machinery IPO Lot Size?
Mamata Machinery IPO lot size is 61 shares, Retail investors need a minimum investment of ₹14823 based on the upper price band
What is the minimum investment for Mamata Machinery IPO?
The minimum investment for Mamata Machinery IPO is ₹14823, based on one lot of 61 shares at the upper price band of ₹243 per share.
How to apply for Mamata Machinery IPO?
Investors can apply for the Mamata Machinery IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Dec 23, 2024. The application amount remains blocked until the Mamata Machinery IPO allotment is finalized.
What is Mamata Machinery IPO Issue Size?
Mamata Machinery IPO issue size is ₹179 crores.
What is the Mamata Machinery IPO Allotment Date?
Mamata Machinery IPO allotment date is Tue, Dec 24, 2024.
Who is the Mamata Machinery IPO Registrar?
The registrar for Mamata Machinery IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Mamata Machinery IPO allotment status, refund processing, and other IPO-related information.
What is the Mamata Machinery IPO GMP?
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 107.00% over the issue price.
Who is the Mamata Machinery IPO Lead Manager?
The book-running lead managers (BRLMs) for the Mamata Machinery IPO are Beeline Capital Advisors Pvt Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Mamata Machinery IPO Red Herring Prospectus (RHP).