Mamata Machinery Limited IPO

Mainboard

Industrial Products

Listed On: Dec 27, 2024 at ₹ 600.0(NSE)

₹ 14823 /61 Shares

Check Allotment

Price Summary

Last Closing

501.60 (106.42%)

52 Week High

630.00

52 Week Low

412.80

Last Update

17-Jan-2025 3:30 PM

Mamata Machinery IPO Details

19 Dec, 2024

Open Date

23 Dec, 2024

Close Date

24 Dec, 2024

Allotment Date

27 Dec, 2024

Listing Date

Issue Price

₹230-243 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

600.0(NSE)

Listing Date

2024-12-27

Market Lot

Retail : 61 Shares (₹14,823/-)
S-HNI : 854 Shares (₹2,07,522/-)
B-HNI : 4,148 Shares (₹10,07,964/-)

Lead Manager

Beeline Capital Advisors Pvt Ltd

Issue Size

OFS : 7,382,340 shares of ₹10(aggregating up to ₹179.39 Cr)

Retail Portion

35% (Number of Retail Applications: 42,157 Approx),
(Number of S-HNI Applications : 430 Approx),
(Number of B-HNI Applications : 860 Approx)

Subscription

194.77 times

IPO Docs

DRHP RHP ANCHOR

Mamata Machinery IPO Subscription Details

As on	QIB	NII bNII sNII	Retail	Total
Shares Offered / Reserved	14,69,557	11,02,101 7,34,734 3,67,367	25,71,569	51,78,227
Day 1 - 19-12-24 05:00 PM	1.51 x	18.87 10.99 x 34.63 x	23.84 x	16.48 x
Day 2 - 20-12-24 05:00 PM	4.74 x	50.23 32.94 x 84.81 x	51.03 x	37.75 x
Day 3 - 23-12-24 05:00 PM	235.88 x	274.32 222.71 x 377.55 x	137.76 x	194.77 x

Total No. of Applications: 49,18,078 (Approx)

Retail Subscription on the basis of Applications: Retail:109.64x BHNI:43.04x SHNI:357.27x times

Mamata Machinery Valuations

EPS Pre IPO

₹15.88/-

EPS Post IPO

₹/-

P/E Pre IPO

15.3

P/E Post IPO

ROE

27.76%

ROCE

31.29%

Debt/Equity

0.09

RoNW

27.39%

PAT Margin

15.27

Price to Book Value

4.50

Mamata Machinery Company Financials All values are in ₹ Cr.

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	237.49	228.47	216.33
Revenue	241.31	210.13	196.57
Profit After Tax	36.13	22.51	21.7
Net Worth	131.88	127.38	103.56
Total Borrowing	11.6	18.63	20.86

About The Company

Mamata Machinery is a global manufacturer and exporter of cutting-edge plastic bag and pouch-making machines, packaging machines, and extrusions. It provides total solutions for the packaging industry. The company was established in 1989 and has now built a big global presence, from FMCG and food to e-commerce packaging. With operations in more than 75 countries, including the USA, Mamata Machinery has built a trust circle with major clients such as Balaji Wafers and Gits Food Products.

Mamata Machinery is the company reputed for innovation and patented design in delivering bag, pouch, and blown film machines. Specialized in innovations from leading products to meet the changing needs of the packaging sector, the company offers top-class products and after-sales service emanating from state-of-the-art manufacturing facilities in India and the USA.

Mamata Machinery - Strength and Weakness

Strength

Mamata Machinery offers end-to-end packaging solutions, simplifying procurement and fostering customer loyalty.

The company has a global presence in 75 countries, providing access to diverse markets and a larger customer base

Strong focus on innovation, with a dedicated team and patents, helping them stay ahead of competitors.

Strategic manufacturing locations in India and the USA support cost-effective production and quick response to market demands.

Weakness

Heavy dependence on its top 10 customers, with 29.19% of revenue linked to them, poses a financial stability risk.

Volatile raw material prices (48.18% of revenue) may reduce margins if costs can’t be passed on to customers.

Mamata Machinery - Promoter(s)

Pre Issue Share Holding: 92.45%

Post Issue Share Holding: 62.45%

Company Promoter(s)

Mahendra Patel
Chandrakant Patel
Nayana Patel
Bhagvati Patel
Mamata Group Corporate Services LLP
Mamata Management Services LLP

Mamata Machinery IPO - Issue 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 - Anchor Investors

Mamata Machinery raises Rs 53.56 crore via anchor book.

3P India Equity Fund is the largest anchor investor in the company, buying 5.48 lakh shares worth Rs 13.33 crore, while Authum Investment, Winro Commercial, Subhkam Ventures, and Chartered Finance & Leasing picked 2.97 lakh shares worth Rs 7.23 crore each.

Belgrave Investment Fund invested Rs 6.07 crore and Aarth AIF Rs 5.21 crore in the company via anchor book.

Other Details

Company Contact Details

Mamata Machinery

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/

Registrar Contact Details

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

Mamata Machinery IPO - FAQs

Ans. Mamata Machinery Limited IPO is a Mainboard IPO. The issue is priced at ₹230-243 per equity share. The minimum order quantity is 61 Shares. The IPO opens on Dec 19, 2024, and closes on Dec 23, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Mamata Machinery Limited IPO opens on Dec 19, 2024 and closes on Dec 23, 2024.

Ans. The size of Mamata Machinery Limited IPO is OFS : 7,382,340 shares of ₹10(aggregating up to ₹179.39 Cr).

Ans. The IPO price band is set between ₹230-243 per equity share.

Ans. To apply for Mamata Machinery Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Mamata Machinery Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Mamata Machinery Limited IPO is Dec 24, 2024.

Ans. The Mamata Machinery Limited IPO will be listed on Dec 27, 2024.

Ans. Follow the steps to check the allotment status for Mamata Machinery Limited IPO here.