• Home
  • Mamata Machinery Limited IPO
Mamata Machinery Limited IPO Logo

Mamata Machinery Limited IPO (Mamata Machinery Limited IPO) Details

Mamata Machinery Limited

Mamata Machinery Limited IPO's overview

Mamata Machinery Limited IPO is a book built issue of ₹358.78 Cr (3,58,78,17,240). The issue is a combination of fresh issue of 73.82 Lakh (73,82,340) shares aggregating to ₹179.39 Cr (1,79,39,08,620) and offer for sale of 73.82 Lakh (73,82,340) shares aggregating to ₹179.39 Cr (1,79,39,08,620).

Mamata Machinery Limited IPO is open for subscription on Dec 19, 2024 and closes on Dec 23, 2024. The allotment for Mamata Machinery Limited IPO is expected to be finalized on Dec 24, 2024. The shares will list on NSE, BSE with tentative listing date fixed as Dec 27, 2024.

Mamata Machinery Limited IPO price band is set at ₹230 to ₹243 per share. The minimum lot size for an application is 61 Shares. The minimum amount of investment required by retail investors is ₹14,030.

Refer to Mamata Machinery Limited IPO DRHP for detailed information.

  • IPO date

    Dec 19,2024 - Dec 23,2024

  • Listing Date

    Dec 27,2024

  • Face value

    ₹10

  • Price Band

    ₹230 to ₹243 per share

  • Lot

    ₹61 Shares

  • Total Issue Size

    1.48 Cr (1,47,64,680)

    aggregating up to ₹358.78 Cr (3,58,78,17,240)

  • Fresh Issue

    73.82 Lakh (73,82,340)

    aggregating up to ₹179.39 Cr (1,79,39,08,620)

  • Offer for sale

    73.82 Lakh (73,82,340)

    aggregating up to ₹179.39 Cr (1,79,39,08,620)

  • Issue Type

    Book Building

  • IPO Type

    Main Board

  • Listing At

    NSEBSE

  • Thu, Dec 19, 2024

    IPO Open

  • Mon, Dec 23, 2024

    IPO Close

  • Tue, Dec 24, 2024

    Basis of Allotment

  • Thu, Dec 26, 2024

    Initiation of Refunds

  • Thu, Dec 26, 2024

    Credit of Shares to Demat

  • Fri, Dec 27, 2024

    Listing

Mamata Machinery Limited IPO Day-wise IPO GMP Trend

Mamata Machinery Limited IPO last GMP is ₹245, last updated Dec 26,2024. With the price band of 243.00, Mamata Machinery Limited IPO's estimated listing price is ₹488 (cap price + today's GMP).The expected percentage gain/loss per share is 100.82%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
26-Dec-24243.00245
488(100.82%)26-Dec-2024 15:30
25-Dec-24243.00255
498(104.94%)25-Dec-2024 22:30
24-Dec-24243.00260
503(107.00%)24-Dec-2024 22:27
23-Dec-24243.00260
503(107.00%)23-Dec-2024 22:31
22-Dec-24243.00260
503(107.00%)22-Dec-2024 22:23
21-Dec-24243.00260
503(107.00%)21-Dec-2024 22:23
20-Dec-24243.00250
493(102.88%)20-Dec-2024 22:27
19-Dec-24243.00260
503(107.00%)19-Dec-2024 22:27
18-Dec-24243.00200
443(82.30%)18-Dec-2024 22:23
17-Dec-24243.00111
354(45.68%)17-Dec-2024 22:32
16-Dec-24243.00111
354(45.68%)16-Dec-2024 18:02
15-Dec-24243.0092
335(37.86%)15-Dec-2024 17:24
14-Dec-24243.0092
335(37.86%)14-Dec-2024 22:31
13-Dec-24243.0075
318(30.86%)13-Dec-2024 22:30

Mamata Machinery Limited IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

161₹14,823

Retail(Max)

13793₹1.93 Lakh (1,92,699)

SHNI(Min)

14854₹2.08 Lakh (2,07,522)

SHNI(Max)

674,087₹9.93 Lakh (9,93,141)

BHNI(Min)

684,148₹10.08 Lakh (10,07,964)

Mamata Machinery Limited IPO Financial Information (Restated Consolidated)

LabelJun 30, 2024Mar 31, 2024Mar 31, 2023Mar 31, 2022
Assets240.85237.49228.47216.33
Revenue29.19241.31210.13196.57
Profit After Tax0.2236.1322.5121.70
Net Worth132.82131.88127.38103.56
Reserves and Surplus
Total Borrowing4.3411.6018.6320.86
Mamata Machinery Limited Financial Information

About Mamata Machinery Limited

ncorporated: April 1979
Industry: Machinery Manufacturing (Flexible Packaging Solutions)
Core Business: Manufacturing and exporting machinery for:

  • Plastic Bags
  • Pouch Making
  • Packaging Equipment
  • Extrusion Machinery

Key Products & Industries Catered

Mamata Machinery provides customized manufacturing solutions for the packaging industry, serving:

  • FMCG Sector
  • Food and Beverage Industries

Major Customers

The company serves prominent clients including:

  1. Balaji Wafers Private Limited
  2. Dass Polymers Private Limited
  3. Jflexy Packaging Private Limited
  4. Euphoria Packaging Private Limited
  5. Sunrise Packaging
  6. Om Flex India
  7. Chitale Foods
  8. V3 Polyplast Private Limited
  9. Dhalumal Packaging Industries LLC
  10. Laxmi Snacks Private Limited
  11. Ganges Jute Private Limited
  12. Western India Cashew Company Private Limited
  13. N. N. Print & Pack Private Limited
  14. Gits Food Products Private Limited
  15. Emirates National Factory for Plastic Ind LLC

Global Presence

  • Exports: Machines exported to 75+ countries.
  • Global Offices:
    • Bradenton, Florida
    • Montgomery, Illinois
  • Sales Agents: Over five countries across Europe, South Africa, and Asia.

Manufacturing Facilities

  1. India
  2. USA

Operational Workforce (As of May 31, 2024)

  • 87 skilled engineers and experts specializing in:
    • Electronics
    • Mechanics
    • Software
    • Design

Competitive Strengths

  1. Global Leadership in Flexible Packaging Machinery:

    • Specialized machinery for bag, pouch, and extrusion equipment.

  2. Customization Expertise:

    • Advanced manufacturing tools and materials tailored to customers' needs.

  3. Strong Global Presence:

    • Extensive sales and distribution network across 75+ countries.

  4. Experienced Management Team:

    • Decades of experience in machinery manufacturing and packaging solutions.

Key Statistics (As of FY 2024)

  • Machines in Operation:

    • 800 machines in Africa
    • 100 machines in the USA
    • 100 machines in India

  • Financial Performance:

    • Expenses:
      • FY 2021: ₹131.26 crores
      • FY 2022: ₹167.03 crores
      • FY 2023: ₹181.61 crores
      • FY 2024: ₹131.44 crores
    • Revenue (FY 2024): ₹148.25 crores

IPO Details

  • Total Shares Offered: 73,82,340 shares
  • Offer Type: Offer For Sale (OFS)

Vision

To establish itself as a globally recognized leader in the flexible packaging industry by delivering advanced, customizable, and reliable packaging solutions worldwide.

Conclusion

With a strong global footprint, advanced manufacturing capabilities, and a customer-centric approach, Mamata Machinery Limited is a major exporter and provider of flexible packaging machinery. Its IPO, structured as an OFS, offers a strategic opportunity to further strengthen its market leadership and enhance its international presence.

Mamata Machinery Limited IPO's documents

Mamata Machinery Limited Contact Details

Survey No. 423/P, Sarkhej-Bavla Road, N.H No. 8A,
Moraiya, Sanand, Ahmedabad, Gujarat – 382213
Phone: 02717–630 800/801
Email: [email protected]
Website: www.mamata.com

Mamata Machinery Limited IPO's Promoters

The promoters of the company are Mahendra Patel, Chandrakant Patel, Nayana Patel, Bhagvati Patel, Mamata Group Corporate Services LLP, and Mamata Management Services LLP.

Mamata Machinery Limited IPO Registrar

Link Intime India Private Ltd

Phone:

+91-22-4918 6270

Email:

[email protected]

Website:

https://linkintime.co.in/Initial_Offer/public-issues.html