Mamata Machinery IPO Details
The Mamata Machinery IPO is a book build issue with a total issue size of ₹179.39 cr, and a offer for sale of 7382340 equity shares. Mamata Machinery IPO opened for subscription on Dec 19, 2024 and closed on Dec 23, 2024. Mamata Machinery IPO is set price band at ₹230 to ₹243 per share, with a lot size of 61 shares. Minimum investment for Retail investors was ₹14,823.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Dec 24, 2024, and listed on both the NSE and BSE on Dec 27, 2024.
MUFG Intime India Private Limited has been appointed as the registrar. Beeline Capital Advisors Pvt Ltd are the Book Running Lead Manager for the issue.
Before investing in the Mamata Machinery IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 230 – 243
- Lot Size
- 61
- Issue Size
- ₹179.39 Cr
- Minimum Investment
- ₹14823 (61 Shares)
- Listing Date
- 27 December 2024
Current GMP
₹260 (+107.00%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
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.
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
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
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 with a total issue size of ₹179.39 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.
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 per share.
Mamata Machinery IPO lot size is 61 shares, Retail investors need a minimum investment of ₹14823 based on the upper price band
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.
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.
Mamata Machinery IPO issue size is ₹179.39 crores.
Mamata Machinery IPO allotment date is Wed, Jul 1, 2026.
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.
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 0% over the issue price.