Mamata Machinery IPO GMP: Key Details, Price, and Timeline
Introduction
Mamata Machinery Limited is set to launch its Initial Public Offering (IPO) on December 19, 2024. Investors are already keen to learn about the Mamata Machinery IPO GMP (Grey Market Premium) and its potential listing performance. With a total issue size of ₹179.39 crores through an Offer for Sale (OFS), Mamata Machinery IPO presents a significant investment opportunity.
In this article, we will cover key IPO details, GMP trends, subscription timelines, price band, and other critical information for investors.
Mamata Machinery IPO GMP (Grey Market Premium)
The Grey Market Premium (GMP) is an indicator of the listing expectations for an IPO. As per market trends, the Mamata Machinery IPO GMP reflects positive investor sentiment.
GMP is subject to market volatility and demand, so it is essential to track its progress regularly. For a deeper understanding of how GMP works, you can refer to our guide on IPO GMP: Grey Market Premium.
Mamata Machinery IPO Details
| IPO Open Date | December 19, 2024 |
| IPO Close Date | December 23, 2024 |
| Listing Date | December 27, 2024 |
| Price Band | ₹230 to ₹243 per share |
| Lot Size | 61 shares |
| Total Issue Size | 73,82,340 shares (₹179.39 Cr) |
| Offer for Sale (OFS) | Entire 73,82,340 shares |
| Listing Exchanges | NSE, BSE |
Timeline for Mamata Machinery IPO
- IPO Opens: Thursday, December 19, 2024
- IPO Closes: Monday, December 23, 2024
- Allotment Date: Tuesday, December 24, 2024
- Refund Initiation: Thursday, December 26, 2024
- Credit to Demat Accounts: Thursday, December 26, 2024
- Listing Date: Friday, December 27, 2024
Mamata Machinery IPO Lot Size and Investment Limits
The table below shows the minimum and maximum investment required across investor categories:
| Investor Category | Lots | Shares | Investment (₹) |
| Retail (Min) | 1 | 61 | 14,823 |
| Retail (Max) | 13 | 793 | 1,92,699 |
| S-HNI (Min) | 14 | 854 | 2,07,522 |
| B-HNI (Min) | 68 | 4,148 | 10,07,964 |
Retail investors can bid for a minimum of 1 lot (61 shares). High Net-Worth Individuals (HNIs) and Non-Institutional Investors (NIIs) have different bidding thresholds as mentioned above.
About Mamata Machinery Limited
Founded in 1979, Mamata Machinery Limited is a leading manufacturer and exporter of plastic bag-making machines, pouches, and packaging solutions. The company also caters to FMCG, food, and beverage industries across global markets, including the USA, Europe, and Asia.
Key Customers
Some of Mamata Machinery’s notable clients include:
- Balaji Wafers Private Limited
- Dass Polymers Private Limited
- Sunrise Packaging
- Om Flex India
- Emirates National Factory for Plastic Ind LLC
With an export presence in over 75 countries, Mamata Machinery has built a strong reputation for delivering customized and advanced machinery solutions.
Financial Performance
The company has shown steady growth in revenue and profits:
| Particulars | FY 2024 | FY 2023 | FY 2022 |
| Revenue (₹ Cr) | 241.31 | 210.13 | 196.57 |
| Profit After Tax (PAT) | 36.13 | 22.51 | 21.70 |
Mamata Machinery’s Profit After Tax (PAT) has grown by 60.52% in FY 2024, showcasing strong financial fundamentals.
Mamata Machinery IPO Anchor Investors
The IPO secured ₹53.56 crores from anchor investors on December 18, 2024. Anchor investors’ lock-in period will partially end on January 23, 2025, and fully end on March 24, 2025.
OFS vs IPO: Key Difference
Mamata Machinery IPO is a complete Offer for Sale (OFS). Unlike a fresh issue, no new shares are issued in an OFS; instead, existing shareholders sell their holdings. To understand the difference, check our detailed guide on OFS vs IPO Differences.
Should You Invest in Mamata Machinery IPO?
Here are key factors to consider before investing:
- Strong Financials: Revenue and PAT growth showcase consistent performance.
- Global Presence: The company has a significant export market in 75+ countries.
- Customer Base: Well-established clients across FMCG and food industries.
- Positive GMP: Strong Grey Market Premium reflects investor confidence.
However, as with any IPO, it is important to weigh the risks and opportunities. Some investors might consider IPO flipping as a strategy to capitalize on short-term listing gains. Learn more about IPO flipping before making a decision.
FAQs About Mamata Machinery IPO
1. What is the GMP of Mamata Machinery IPO? The Grey Market Premium (GMP) for Mamata Machinery IPO reflects strong listing expectations. However, GMP trends fluctuate daily.
2. What is the price band of Mamata Machinery IPO? The price band is set at ₹230 to ₹243 per share.
3. What are the lot size and minimum investment? The minimum lot size is 61 shares, requiring a minimum investment of ₹14,823 for retail investors.
4. When is the listing date for Mamata Machinery IPO? The tentative listing date is December 27, 2024 on NSE and BSE.
5. How can I check Mamata Machinery IPO allotment status? The allotment status can be checked on the registrar’s website post December 24, 2024.
Conclusion
Mamata Machinery IPO presents a compelling opportunity for investors, with strong financials, a global presence, and positive GMP trends. Investors must analyze the company’s fundamentals and track the Grey Market Premium to make informed decisions.
Stay updated with the latest developments on Mamata Machinery IPO and related investment insights at Tap Invest.
