The Mamata Machinery IPO is being offered as a book-built issue amounting to ₹179.39 crores. It comprises an offer for sale of 0.74 crore shares.
The subscription period for the Mamata Machinery IPO is scheduled from December 19, 2024, to December 23, 2024. The allotment of shares is anticipated to be finalized on Tuesday, December 24, 2024. The listing of the IPO is planned on BSE and NSE, with the tentative listing date set as Friday, December 27, 2024.
A price band of ₹230 to ₹243 per share has been established for the IPO. The minimum application requires a lot size of 61 shares, with a minimum investment amount of ₹14,823 for retail investors. For sNII, the minimum investment is set at 14 lots (854 shares), amounting to ₹207,522, while for bNII, it is 68 lots (4,148 shares), requiring an investment of ₹1,007,964.
Get the Mamata Machinery IPO RHP for detailed information.
| IPO Date | December 19, 2024 to December 23, 2024 |
| Listing Date | December 27, 2024 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 230 to ₹ 243 / Share |
| Lot Size | 61 Shares |
| Total Issue Size | ₹179.39 Cr |
| Fresh Issue | ₹179.39 Cr |
| Offer for Sale | |
| Employee Discount | ₹12 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 92.45% |
| Share holding post issue | |
| Market Maker portion |
Mamata Machinery Limited IPO opens on December 19, 2024, and closes on December 23, 2024.
| IPO Open Date | December 19, 2024 |
| IPO Close Date | December 23, 2024 |
| Basis of Allotment | December 24, 2024 |
| Initiation of Refunds | December 26, 2024 |
| Credit of Shares to Demat | December 26, 2024 |
| Listing Date | December 27, 2024 |
| Cut-off time for UPI mandate confirmation | December 23, 2024 |
A minimum of 61 shares, and multiples thereof, can be bid by investors. The table below illustrates the minimum and maximum investments by retail investors and HNIs in terms of shares and amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 61 | Rs.14,823 |
| Retail (Max) | 13 | 793 | Rs.192,699 |
| S-HNI (Min) | 14 | 854 | Rs.207,522 |
| S-HNI (Max) | 67 | 4,087 | Rs.993,141 |
| B-HNI (Min) | 68 | 4,148 | Rs.1,007,964 |
| HNI (Min) |
| Share Holding Pre Issue | 12,49,96,767 shares |
| Share Holding Post Issue | 13,42,56,026 shares |
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50% of the Net Issue Retail Shares Offered Not less than 35% of the Net Issue NII (HNI) Shares Offered Not more than 15% of the Net Isssue |
|
| NII (HNI) Shares Offered | Not more than 15% of the Net Isssue |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35% of the Net Issue |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
| Bid Date | 2024-12-18 |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | 53.56 |
| Anchor lock-in period end date for 50% shares (30 Days) | January 23, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | March 24, 2025 |
Incorporated in April 1979, Mamata Machinery Limited is engaged in the manufacturing and export of machines for producing plastic bags, pouches, packaging, and extrusion equipment. Manufacturing solutions are provided by the company for the packaging industry.
The industries served include FMCG, Food, and Beverage sectors. Customers of the company include Balaji Wafers Private Limited, Dass Polymers Private Limited, Jflexy Packaging Private Limited, Euphoria Packaging Private Limited, Sunrise Packaging, Om Flex India, Chitale Foods, V3 Polyplast Private Limited, Dhalumal Packaging Industries LLC, Laxmi Snacks Private Limited, Ganges Jute Private Limited, Western India Cashew Company Private Limited, N. N. Print & Pack Private Limited, Gits Food Products Private Limited, and Emirates National Factory for Plastic Ind LLC.
As of May 31, 2024, machines have been exported by the company to over 75 countries. International offices are maintained in Bradenton, Florida, and Montgomery, Illinois, along with sales agents located in over five countries across Europe, South Africa, and Asia.
| KPI | Values |
|---|---|
| ROE | 27.76% |
| ROCE | 31.29% |
| Debt/Equity | 0.09 |
| RoNW | 27.39% |
| P/BV | 15.27 |
| PAT Margin (%) |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 16.59 | |
| P/E (x) |
No proceeds from the Offer (the "Offer Proceeds") will be received by the company. All Offer Proceeds, after the deduction of Offer-related expenses, will be received by the Selling Shareholders, who will bear these expenses.
Mamata Machinery Limited Survey No. 423/P, Sarkhej-Bavla Road N.H No. 8A Moraiya, Sanand, Ahmedabad– 382213, Phone: 02717–630 800/801 Email: investor@mamata.com Website: https://www.mamata.com/ |
Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: mamatamachinery.ipo@linkintime.co.in Website: https://linkintime.co.in/initial_offer/public-issues.html |
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