IPO Issue Details
Issue Price / Price Band₹243 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size61 Shares per Lot
Total Issue Size73,82,340 shares (aggregating up to ₹179.35 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryOffer For Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenThu, 19 Dec 2024
Subscription CloseMon, 23 Dec 2024
Anchor AllotmentWed, 18 Dec 2024
Basis of AllotmentTue, 24 Dec 2024
Initiation of RefundsThu, 26 Dec 2024
Credit of Shares to DematThu, 26 Dec 2024
Listing DateFri, 27 Dec 2024
UPI Mandate Deadline2024-12-23
Application & Investment Details
Retail — Min (1 Lots)₹14,823 — 61 shares
Retail — Max (13 Lots)₹192,699 (13 Lots)
HNI — Min (14 Lots)₹2,07,522 — 854 shares
EPS (Pre-IPO)₹15.88
EPS (Post-IPO)₹0.38
P/E Ratio (Pre-IPO)15.3x
P/E Ratio (Post-IPO)633.97x
Pre-IPO Promoter Holding2,27,49,820 shares
Post-IPO Promoter Holding2,27,49,820 shares
About Mamata Machinery Ltd.
Incorporated in April 1979, Mamata Machinery Limited manufactures and exports machines for making plastic bags, pouches, packaging, and extrusion equipment. The company provides manufacturing solutions for the packaging industry.The company caters to FMCG, Food, & Beverage industries. The company's customers 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 and N. N. Print & Pack Private Limited and Gits Food Products Private Limited and Emirates National Factory for Plastic Ind LLC.As of May 31, 2024, the company has exported machines to over 75 countries. The company has international offices in Bradenton, Florida, and Montgomery, Illinois, as well as sales agents in over five countries across Europe, South Africa, and Asia..The company has two machine manufacturing facilities, one in India and one in the USA.As of May 31, 2024, the company employs 87 skilled engineers and application experts in electronics, mechanics, software, and design.Competitive StrengthA major exporter of machinery and equipment for bag and pouch making, packaging, and co-extrusion blown film machinery and attachments.Advanced manufacturing tools and material knowledge to customize systems and products based on customers' needs.Customer-centric operations, with an extensive global sales and distribution network.Experienced Management Team
Objects of the Issue
Mamata Machinery Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
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.
Shareholding & Lock-in
Pre-IPO Promoter Holding
2,27,49,820 shares
Post-IPO Promoter Holding
2,27,49,820 shares
Lock-in Period (30%)January 22, 2025
Lock-in Period (50%)March 23, 2025