Mamata Machinery IPO Price: ₹230 to ₹243 per share
IPO Dates: December 19, 2024 to December 23, 2024
About Mamata Machinery Limited
Founded in April 1979, Mamata Machinery Limited specializes in the manufacturing and export of machines used for producing plastic bags, pouches, packaging, and extrusion equipment. The company provides innovative manufacturing solutions tailored to the packaging industry.
Key Clients:
Mamata Machinery serves major players in the FMCG, Food, and Beverage industries, including Balaji Wafers Private Limited, Dass Polymers Private Limited, Jflexy Packaging Private Limited, Euphoria Packaging Private Limited, Sunrise Packaging, Om Flex India, Chitale Foods, V3 Polyplast Private Limited, Dhalumal Packaging Industries LLC, Laxmi Snacks Private Limited, Ganges Jute Private Limited, Western India Cashew Company Private Limited, N. N. Print & Pack Private Limited, Gits Food Products Private Limited, and Emirates National Factory for Plastic Ind LLC.
International Presence (as of May 31, 2024):
- Exported machines to over 75 countries worldwide.
- Operates international offices in Bradenton, Florida, and Montgomery, Illinois.
- Sales agents across five countries in Europe, South Africa, and Asia.
Manufacturing Facilities:
The company has two manufacturing plants: one in India and another in the USA.
Workforce (as of May 31, 2024):
Mamata employs 87 skilled engineers and application experts specializing in electronics, mechanics, software, and design.
Competitive Strengths
- A leading exporter of machinery for bag and pouch making, packaging, and co-extrusion blown film machinery.
- Expertise in advanced manufacturing tools and materials, enabling the customization of systems to meet customer needs.
- A customer-focused approach with a strong global sales and distribution network.
- A highly experienced management team.
Bidding Starts In
Mamata Machinery IPO Specifics:
| IPO Date | December 19, 2024 to December 23, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹230 to ₹243 per share |
| Lot Size | 61 Shares |
| Total Issue Size | 73,82,340 shares (aggregating up to ₹179.39 Cr) |
| Offer for Sale | 73,82,340 shares of ₹10 (aggregating up to ₹179.39 Cr) |
| Employee Discount | 12.00 |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Mamata Machinery IPO Timeline (Tentative Schedule)
Mamata Machinery IPO IPO opens on December 19, 2024, and closes on December 23, 2024.
| IPO Open Date | Thursday, December 19, 2024 |
| IPO Close Date | Monday, December 23, 2024 |
| Basis of Allotment | Tuesday, December 24, 2024 |
| Initiation of Refunds | Thursday, December 26, 2024 |
| Credit of Shares to Demat | Thursday, December 26, 2024 |
| Listing Date | Friday, December 27, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 23, 2024 |
Mamata Machinery IPO Lot Size
Bidders have the opportunity to bid for a minimum of 35 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 61 | ₹14,823 |
| Retail (Max) | 13 | 793 | ₹1,92,699 |
| S-HNI (Min) | 14 | 854 | ₹2,07,522 |
| S-HNI (Max) | 67 | 4,087 | ₹9,93,141 |
| B-HNI (Min) | 68 | 4,148 | ₹10,07,964 |
Mamata Machinery IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not more than 15% of the Net Isssue |
Mamata Machinery Limited Financial Information
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.
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 240.85 | 237.49 | 228.47 | 216.33 |
| Revenue | 29.19 | 241.31 | 210.13 | 196.57 |
| Profit After Tax | 0.22 | 36.13 | 22.51 | 21.70 |
| Net Worth | 132.82 | 131.88 | 127.38 | 103.56 |
| Total Borrowing | 4.34 | 11.60 | 18.63 | 20.86 |
| Amount in ₹ Crore | ||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 27.76% |
| ROCE | 31.29% |
| Debt/Equity | 0.09 |
| RoNW | 27.39% |
| PAT Margin | 15.27 |
Objects of the Issue (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 Prospectus
