Mamata Machinery IPO Details: The Mamata Machinery IPO is scheduled to open on December 19, 2024, and close on December 23, 2024. This IPO follows the Book Built Issue format and aims to raise approximately ₹179.39 crores. The offering includes a fresh issue of ₹[.] crores and an Offer for Sale (OFS) of up to 73,82,340 equity shares with a face value of ₹10 each.
The IPO is priced within a band of ₹230 to ₹243 per share. The allocation quota reserves 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net Worth Individuals (HNIs). Mamata Machinery IPO is expected to list on both the BSE and NSE on December 27, 2024, with the allotment date set for December 24, 2024.
The company demonstrated strong financial growth, reporting a revenue of ₹241.31 crores in FY 2024 compared to ₹210.13 crores in FY 2023. Its profit also increased significantly, reaching ₹36.13 crores in FY 2024, up from ₹22.51 crores in FY 2023. Based on these financials, long-term investors may find this IPO appealing.
Mamata Machinery IPO Objectives:
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 IPO Review (Apply or Not)
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Mamata Machinery IPO Date & Price Band Details:
| IPO Open Date: | December 19, 2024 |
| IPO Close Date: | December 23, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹230 to ₹243 Per Share |
| Issue Size: | Approx ₹179.39 Crores |
| Offer for Sale: | Approx 73,82,340 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Employee Discount: | ₹12 Per Share |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Mamata Machinery IPO Lot Size:
The minimum market lot for the Mamata Machinery IPO is 61 shares, requiring an application amount of ₹14,823. Retail investors can apply for a maximum of 13 lots, equating to 793 shares, with a total application amount of ₹192,699.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 61 | ₹14,823 |
| Retail Maximum | 13 | 793 | ₹1,92,699 |
| S-HNI Minimum | 14 | 854 | ₹2,07,522 |
| B-HNI Minimum | 68 | 4,148 | ₹10,07,964 |
Mamata Machinery IPO Timeline:
The Mamata Machinery IPO will open on December 19, 2024, and close on December 23, 2024. The allotment of shares is scheduled to be finalized on December 24, 2024, with the IPO listing set for December 27, 2024.
| IPO Open Date: | December 19, 2024 |
| IPO Close Date: | December 23, 2024 |
| Basis of Allotment: | December 24, 2024 |
| Refunds: | December 26, 2024 |
| Credit to Demat Account: | December 26, 2024 |
| IPO Listing Date: | December 27, 2024 |
Mamata Machinery IPO GMP Today:
The Grey Market Premium (GMP) for the Mamata Machinery IPO stands at ₹150 as of today, indicating an expected return of approximately 62%.
Promoters of Mamata Machinery IPO
The promoters of Mamata Machinery are Mahendra Patel, Chandrakant Patel, Nayana Patel, Bhagvati Patel, Mamata Group Corporate Services LLP, and Mamata Management Services LLP.
About Mamata Machinery IPO
Established in 1979, Mamata Machinery specializes in manufacturing and exporting plastic pouch sealing machines, packaging machinery, plastic bags, and extrusion equipment. The company caters primarily to brands in the FMCG, food, and beverage industries.
Mamata Machinery has a global footprint, with its packaging machinery operating in over 75 countries. This includes 800 machines across Africa, 100 machines in the USA supported by two regional offices, and another 100 machines in India. With a vision to become a globally recognized leader in the flexible packaging industry, the company is focused on innovation and growth.
From FY 2021 to FY 2024, the company’s expenses have fluctuated, recorded at ₹131.26 crores in FY 2021, ₹167.03 crores in FY 2022, ₹181.61 crores in FY 2023, and ₹131.44 crores in FY 2024. For FY 2024, the company reported revenue of ₹148.25 crores.
The IPO comprises a total of 73,82,340 equity shares, entirely through an Offer for Sale (OFS).
Mamata Machinery IPO Company Financial Report
The company reported revenue of ₹241.31 crores in 2024 against ₹210.13 crore in 2023. The company reported Profit of ₹36.13 crores in 2024 against Profit of ₹22.51 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹196.57 | ₹167.03 | ₹21.70 | ₹216.33 |
| 2023 | ₹210.13 | ₹181.61 | ₹22.51 | ₹228.47 |
| 2024 | ₹241.31 | ₹194.38 | ₹36.13 | ₹237.49 |
| June 2024 | ₹29.19 | ₹28.87 | ₹0.22 | ₹240.85 |
Mamata Machinery IPO Valuation – FY2024
Check Mamata Machinery IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 27.76% |
| ROCE: | 31.29% |
| EBITDA Margin: | 19.94% |
| PAT Margin: | 15.27% |
| Debt to equity ratio: | 0.09 |
| Earning Per Share (EPS): | ₹14.65 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 27.39% |
| Net Asset Value (NAV): | ₹53.59 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Rajoo Engineers Limited | 3.41 | 57.16 | 16.59 | 20.59 | 201.29 Cr. |
| Windsor Machines Limited | (1.19) | NA | (2.89) | 41.07 | 356.92 Cr. |
| Kabra Extrusion Technik Limited | 9.80 | 30.64 | 7.48 | 134.52 | 614.66 Cr. |
Mamata Machinery IPO Registrar
Link Intime India Private Limited
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Phone: +91 22 4918 6200
Email: mamatamachinery.ipo@linkintime.co.in
Website: www.linkintime.co.in
IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Private Limited
Company Address
Mamata Machinery Limited
Survey No. 423/P, Sarkhej-Bavla Road, N.H No. 8A,
Moraiya, Sanand, Ahmedabad, Gujarat – 382213
Phone: 02717–630 800/801
Email: cs@mamata.com
Website: www.mamata.com
Mamata Machinery IPO FAQs
What is the Mamata Machinery IPO?
The Mamata Machinery IPO is a main-board IPO through which the company plans to raise ₹179.39 crores. The issue is priced in the range of ₹230 to ₹243 per equity share and will be listed on both BSE and NSE.
When will the Mamata Machinery IPO open for subscription?
The IPO will open for subscription on December 19, 2024, and will close on December 23, 2024, for QIB, NII, and retail investors.
What is the investor allocation for the Mamata Machinery IPO?
The allocation is divided as follows:
- Qualified Institutional Buyers (QIB): 50%
- Non-Institutional Investors (NII): 15%
- Retail Investors: 35%
How can I apply for the Mamata Machinery IPO?
You can apply for the Mamata Machinery IPO through the ASBA (Application Supported by Blocked Amount) process via your bank account. Alternatively, you can apply using UPI through your stockbroker’s platform or submit an offline application form through your stockbroker.
What is the issue size of the Mamata Machinery IPO?
The total issue size of the Mamata Machinery IPO is ₹179.39 crores.
What is the price band for the Mamata Machinery IPO?
The IPO price band is set between ₹230 and ₹243 per equity share.
What is the lot size for the Mamata Machinery IPO?
The minimum lot size is 61 shares, requiring an investment of ₹14,823.
When will the allotment for the Mamata Machinery IPO be finalized?
The allotment date for the Mamata Machinery IPO is December 24, 2024.
What is the listing date for the Mamata Machinery IPO?
The Mamata Machinery IPO is scheduled to list on December 27, 2024, on both BSE and NSE.
