Mamata Machinery Limited IPO (Mamata Machinery IPO)

Established in April 1979, Mamata Machinery Limited stands as a prominent pioneer in the development, production, and export of high-performance machinery for manufacturing plastic bags, pouches, packaging materials, and extrusion equipment. The company specializes in delivering innovative, end-to-end solutions customized to meet the evolving demands of the packaging industry, with a strong focus on the FMCG, Food, and Beverage sectors.

Mamata Machinery’s esteemed clientele features leading industry names such as Balaji Wafers Private Limited, Dass Polymers Private Limited, Laxmi Snacks Private Limited, Western India Cashew Company Private Limited and many more.

As of May 31, 2024, the company has successfully expanded its reach to over 75 countries, exporting cutting-edge machinery to global markets. With international offices strategically positioned in Bradenton, Florida, and Montgomery, Illinois, and a well-established network of sales representatives across Europe, South Africa, and Asia, Mamata Machinery keeps up its leadership in packaging technologies on a global scale.

Mamata Machinery Limited IPO

With a total value of ₹179.39 crores, the Mamata Machinery IPO is set up as a book-built issue and includes an offer to sell 0.74 crore equity shares. The IPO subscription is set to begin on December 19, 2024, and will remain open until December 23, 2024. The allotment of shares is likely to be finalized on Tuesday, December 24, 2024, with the shares expected to list on the BSE and NSE on Friday, December 27, 2024.

The price band for the IPO has been set at ₹230 to ₹243 per share. The minimum application size for retail investors is 61 shares, representing an investment of ₹14,823. The minimum lot size for sNII (small non-institutional investors) is 14 lots (854 shares), which is equivalent to ₹2,07,522, and for bNII (large non-institutional investors), it is 68 lots, the minimum requirement is 68 lots (4,148 shares), requiring an investment of ₹10,07,964.

Beeline Capital Advisors Pvt Ltd serves as the book-running lead manager for the issue, while Link Intime India Private Ltd acts as the registrar. For comprehensive details, please refer to the Mamata Machinery IPO RHP.

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 Details

Open and Close Date of Mamata Machinery IPO

Mamata Machinery IPO opens on December 19, 2024, and closes on December 23, 2024.

Mamata Machinery IPO Share Price

The price band for the Mamata Machinery IPO

Mamata Machinery IPO Issue Type, Face Value, IPO Price, Market Lot, Listing, Total Issue Size

Mamata Machinery IPO Promoter Holding

The promoters of the Company are Mahendra Patel, Chandrakant Patel, Nayana Patel, Bhagvati Patel, Mamata Group Corporate Services LLP and Mamata Management Services LLP.

Mamata Machinery Limited Financial Information (Restated)

Mamata Machinery Limited’s revenue increased by 14.84% and profit after tax (PAT) rose by 60.52% between the financial year ending with March 31, 2024 and March 31, 2023.

Mamata Machinery IPO Registrar

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

Contact Details

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/

Mamata Machinery IPO Prospectus

•   Mamata Machinery IPO DRHP
•   Mamata Machinery IPO RHP

You can Apply for this IPO by clicking on this link:
How to apply for Mamata Machinery IPO

Step by step guide to apply for the Mamata Machinery IPO

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