Mamata Machinery
Listed
Listed
IPO Timeline
Issue open date
19 Dec 2024Issue close date
23 Dec 2024UPI mandate deadline
23 Dec 2024Allotment finalization
24 Dec 2024Refund initiation
26 Dec 2024Share credit
26 Dec 2024Listing date
27 Dec 2024Mandate end date
7 Jan 2025Lock-in end date for anchor investors (50%)
23 Jan 2025Lock-in end date for anchor investors (remaining)
24 Mar 2025Key Dates
Open
19 Dec 2024Close
23 Dec 2024Listing
27 Dec 2024Quick Stats
Issue Size:179cr
Lot Size:61 shares
About the Company
Mamata Machinery manufactures and exports plastic bag and pouch-making machines, packaging machines, and extrusion equipment, offering end-to-end solutions for the packaging industry. Its products are used across various sectors, including FMCG, food, and e-commerce packaging. Mamata Machinery serves clients like Balaji Wafers and Gits Food Products and provides after-sales service as well. Established in 1989, the company has expanded globally, with operations in over 75 countries, including the USA. It offers bags, pouches, and blown film machines, constantly innovating with patented designs. Mamata Machinery’s manufacturing facilities are in India and the USA, supporting a growing packaging industry.
Strengths
- Mamata Machinery provides complete packaging solutions.
- The company operates in 75 countries, expanding its market reach.
- Innovation-driven with patents and a dedicated team.
- ISO certified, ensuring high-quality products.
- Manufacturing in India and the USA supports cost-effective production and quick market response.
Risks
- Heavy dependence on its top 10 customers poses a financial stability risk.
- Exposure to foreign currency fluctuations could negatively impact profitability.
- Volatile raw material prices may reduce margins if costs aren’t passed on to customers.
- Untraceable corporate records related to promoters may lead to future legal or regulatory complications.
Mamata Machinery IPO – Frequently Asked Questions
- The price band for the Mamata Machinery IPO is set at ₹230 to ₹243 per share.
- The Mamata Machinery IPO opens on December 19, 2024 and closes on December 23, 2024.
- The tentative listing date for the Mamata Machinery IPO is December 27, 2024.
- You can apply for the Mamata Machinery IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Mamata Machinery, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Mamata Machinery IPO is 61 shares. Investors must apply for at least one lot (i.e., 61 shares).