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 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.
What is an IPO Price Band?
IPO price band is the price range of the upcoming IPO set by the issuing company after consulting investment banks handling the IPO. Within the price band, investors can bid for the shares during the IPO bidding time.
The IPO price band is set based on factors like market conditions, industry trends and company valuation. The IPO price bands include a floor price (minimum bid price) and a cap price (maximum bid price).
Investors submit the IPO bids within this IPO range during the IPO subscription period. The final issue price is determined through a process called book-building, where the company anticipates the investors demand. The IPO price band is important for investors and for ensuring a successful IPO launch.