Mamata Machinery IPO Subscription – Live Status

Mamata Machinery IPO GMP

Mamata Machinery Allotment Status

The highly anticipated Mamata Machinery IPO subscription starts on 19 December 2024 and ends on 23 December 2024. With a target to raise approximately INR 169.79 – 179.39 crores, this initial public offering is expected to attract significant investor attention. The share price band is set between INR 230 – 243 per share, with an additional employee discount of INR 12 per share requiring a minimum investment of INR 14,823 for a single lot of 61 shares.

The distribution of shares among investor categories has been allocated as follows:

• Retail Individual Investors (RII): 35%
• Qualified Institutional Buyers (QIB): 50%
• Non-Institutional Investors (NII): 15%

Mamata Machinery IPO Subscription Status

The subscription status for the Mamata Machinery IPO is being closely monitored. Here are the latest subscription figures across different investor categories:

Shares allotted to anchor investors are not included in these calculations. Similarly, shares allotted to market makers, if any, are not part of these calculations.

Mamata Machinery – Business Overview

Mamata Machinery, founded in 1979, is a prominent manufacturer and exporter of packaging machinery, specializing in plastic bag and pouch-making machines. The company has established a robust presence in the global market, with over 4,500 machines installed across 75 countries. Its product offerings cater primarily to the FMCG, food, and beverage sectors, providing end-to-end solutions that include extrusion equipment and packaging machines designed for various applications such as e-commerce and garment packaging.

The company operates two manufacturing facilities—one located in Gujarat, India, and another in Florida, USA—both equipped with advanced technology to ensure high-quality production. Mamata Machinery serves a diverse clientele that includes notable brands such as Balaji Wafers, Hershey India, and Patanjali Ayurved, among others. Mamata Machinery is recognized for its innovative approach, frequently launching new machine models to meet evolving market demands. Its commitment to sustainability is reflected in its development of machinery capable of using recyclable plastic films

In fiscal year 2024, Mamata Machinery reported a revenue increase from INR 192.25 crore to INR 236.61 crore, showcasing a compound annual growth rate (CAGR) of approximately 10.94%.

Understanding Investor Categories

The Mamata Machinery IPO is structured to cater to three main investor categories:

• Qualified Institutional Buyers (QIB):
  • Includes entities like mutual funds and foreign institutional investors.
  • Allocated 50% of the total offering.
• Non-Institutional Investors (NII):
  • Comprises high-net-worth individuals investing more than INR 200,000.
  • Receives approximately 15% of the shares.
• Retail Individual Investors (RII):
  • Designed for investors bidding up to INR 200,000.
  • Allotted 35% of the total shares.

Important Dates for the Mamata Machinery IPO

• IPO Opening Date: 19 December 2024
• IPO Closing Date: 23 December 2024
• Allotment Date: Expected on or around 24 December 2024
• Listing Date: Scheduled for 27 December 2024

Value-Added Insights for Investors

Before investing in the Mamata Machinery IPO, evaluating the company’s market positioning and growth potential within its sector is crucial. Additionally, understanding regulatory changes and industry dynamics can provide a clearer picture of potential risks and rewards. Leveraging IPO Central’s expert opinions can enhance decision-making and help identify long-term growth opportunities.

Mamata Machinery IPO Subscription FAQs