18-Dec-2024
2 mins read
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Mamata Machinery IPO Subscription Details
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 FAQ
1. 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.
2. 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.
3. 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.
4. 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.
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 Subscription?
The IPO subscription is a process by which investors bid for shares of the company during its first public offer. Investors from the different categories like retail, institutional and non-institutional apply for shares within the IPO price-band. The level of subscription is measured in terms of how many times shares offered are applied.
A higher subscription time in a specific category reflects strong investors' interest and high demand. Whereas, low subscription reflects lack of demand and under subscription. The subscription data is updated daily which drives the investors sentiment while applying for any IPO.