Mamata Machinery IPO GMP, Open Date, Price Band, Allotment Status

Mamata Machinery IPO open date is on 19 December to 23 December 2024. This new IPO is a book-built issue of Rs 179.39 crore. This upcoming IPO is a fully offer-for-sale of 0.74 crore equity shares.

Mamata Machinery IPO price band is set as Rs 230 to Rs 243 per share. As of now, Mamata Machinery IPO GMP is 42 per share indicates mild bullish sentiment for this IPO among investors.

Mamata Machinery IPO lot size is 61 shares and the allotment status is finalised on Tuesday, December 24, 2024. The minimum investment for the retail investors for 1 lot is Rs 14,823. The registrar for the Mamata Machinery IPO is Link Intime India Private Limited. The listing date is 27 December 2024.

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Mamata Machinery IPO GMP

Mamata Machinery IPO GMP quotation is around Rs 42 per share. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then Mamata Machinery IPO GMP might rise in the coming days.

Mamata Machinery IPO Open Date, Close Date

Mamata Machinery IPO open date is Thursday, 19 December 2024 and closing will be on Monday, 23 December 2024. Initiation of refund date is 26 December 2024 and credit of shares will be on 26 December 2024.

Mamata Machinery IPO Price Band

Mamata Machinery IPO price band is Rs 230 to Rs 243 per share. The minimum amount of investment for the retail category is to be around Rs 14,823 and for small NII minimum investment is to be around Rs 2,07,522. The minimum investment for the Big NII is to be around Rs 10,07,964.

Mamata Machinery IPO Allotment Status

Mamata Machinery IPO allotment status will be finalised on Thursday, 19 December 2024. The listing will be on the BSE and NSE platforms on Friday 27 December, 2024. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

Mamata Machinery IPO Listing Date

Mamata Machinery IPO listing date will be on Friday, 27 December 2024. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

Mamata Machinery IPO: Listing Date, Lot Size, Price Band

Mamata Machinery Limited: About the Company

Mamata Machinery Limited was founded in 1979, manufactures and exports machines for making plastic bags, pouches, packaging, and extrusion equipment. The company provides manufacturing solutions for the packaging industry.

Mamata Machinery Limited caters to FMCG, Food, & Beverage industries. The company has exported machines to over 75 countries.

The strengths are 1) It is a major exporter of machinery and equipment for bag and pouch making, packaging, and co-extrusion blown film machinery and attachments. 2) The company has advanced manufacturing tools and material knowledge to customize systems and products based on customers' needs.

Mamata Machinery IPO Objectives

Mamata Machinery IPO funds will directly go to the selling shareholders due to the OFS. The company will not receive any funds.

Mamata Machinery IPO: Key Dates, Allotment, Listing Date

Mamata Machinery IPO Subscription Details, IPO Reservation

Mamata Machinery IPO subscription details will be available after the IPO opens on 19 December  2024. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors.

Mamata Machinery IPO Lot Size Details

Mamata Machinery IPO IPO lot size is set at 61 shares per lot. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,823, and the maximum is 13 lots, amounting to be around Rs 1,92,699. For small HNI, the minimum lot size is 14, amounting to be around Rs 2,07,522.

Mamata Machinery IPO Promoter Holdings

Mamata Machinery IPO promoters are Mahendra Patel, Chandrakant Patel, Nayana Patel, Bhagvati Patel, Mamata Group Corporate Services LLP and Mamata Management Services LLP. The promoters' shareholdings before the IPO were 92.45%; however, after the IPO, shareholdings will decline.

Mamata Machinery IPO Registrar

Mamata Machinery IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Mamata Machinery IPO Lead Managers

Mamata Machinery IPO lead managers are Beeline Capital Advisors Private Limited.

How to apply to Mamata Machinery IPO

Interested investors can apply to the Mamata Machinery IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Mamata Machinery IPO Review

Mamata Machinery IPO may get a neutral response from the general public. The company is involved in manufacturing, packaging and exporting business. So, investors interested in the exports sector can apply to this IPO.

This upcoming IPO is expected to witness normal subscription till the last bidding date. Moreover, if the IPO gets a positive response then Mamata Machinery IPO GMP will also rise.

Mamata Machinery IPO FAQ

1. What are the details of the Mamata Machinery IPO?

Mamata Machinery IPO is a book-built issue of Rs 179.39 crore. This upcoming IPO is a fully offer-for-sale of 0.74 crore equity shares.

2. When will the Mamata Machinery IPO open and close?

Mamata Machinery IPO open date is Thursday, 19 December 2024 and closing will be on Monday, 23 December 2024. Initiation of refund date is 26 December 2024 and credit of shares will be on 26 December 2024.

3. What is Mamata Machinery IPO GMP?

Mamata Machinery IPO GMP quotation is around Rs 42 per share. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed, then Mamata Machinery IPO GMP might rise in the coming days.

4. What are the details of Mamata Machinery IPO reservation?

Mamata Machinery IPO subscription details will be available after the IPO opens on 19 December 2024. In the QIB category, 50% of the net offer is reserved. The remaining 35% is reserved for retail investors, and 15% is for Net Institutional investors.

5. Write the details of the IPO Allotment Status?

Mamata Machinery IPO allotment status will be finalised on Thursday, 19 December 2024. The listing will be on the BSE and NSE platforms on Friday 27 December, 2024. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for Mamata Machinery IPO?

Mamata Machinery IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status.The lead managers are Beeline Capital Advisors Private Limited.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?