Mamata Machinery IPO Live
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Schedule of Mamata Machinery
| Issue open date | 19 Dec 2024 |
| Issue close date | 23 Dec 2024 |
| UPI mandate deadline | 23 Dec 2024 (5 PM) |
| Allotment finalization | 24 Dec 2024 |
| Refund initiation | 26 Dec 2024 |
| Share credit | 26 Dec 2024 |
| Listing date | 27 Dec 2024 |
| Mandate end date | 07 Jan 2025 |
| Lock-in end date for anchor investors (50%) | 23 Jan 2025 |
| Lock-in end date for anchor investors (remaining) | 24 Mar 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Mamata Machinery
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.
Financials of Mamata Machinery
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹179.39 crores |
| Offer for Sale | ₹179.39 crores |
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.
Subscription Figures for Mamata Machinery
Subscription numbers as of 5:00 PM on 20 Dec 2024:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 14.70 | 69.67 | 4.74x |
| HNI (₹2L+) | 11.02 | 553.55 | 50.23x |
| Retail (upto ₹2L) | 25.72 | 1312.38 | 51.03x |
| Employees | 0.35 | 19.01 | 54.31x |
| Total | 51.78 | 1954.62 | 37.75x |