Check out the Mamata Machinery IPO GMP (Grey Market Premium) as of today. The GMP on IPO for Mamata Machinery has started off strong. Stay tuned for the latest updates on Mamata Machinery IPO GMP.
Mamata Machinery IPO is set to open on December 19, 2024. The Mamata Machinery IPO is a Mainboard IPO. The Mamata Machinery IPO Price band is fixed at ₹230 to ₹243 with a lot of 61 shares.
About Mamata Machinery IPO
Established in 1979, Mamta Manufacturing specializes in producing and exporting plastic pouch sealing machines, packing machinery, plastic bags, and extrusion equipment. The company primarily caters to FMCG, food, and beverage brands, delivering reliable packaging solutions. With a global presence spanning over 75 countries, Mamta Manufacturing has 800 machines operational across Africa, 100 machines in the USA supported by two representative offices, and 100 machines in India. The company aspires to become a globally recognized leader in the flexible packaging industry.
From 2021 to 2024, its expenses have fluctuated, recording ₹131.26 crores in 2021, ₹167.03 crores in 2022, ₹181.61 crores in 2023, and ₹131.44 crores in 2024. For FY 2024, the revenue stands at ₹148.25 crores. The company has announced an IPO comprising 73,82,340 shares, entirely an Offer for Sale (OFS).
Mamata Machinery IPO GMP Live Rates
| Date | IPO GMP |
|---|---|
| December 26, 2024 | ₹ 255 (104.94%) |
| December 25, 2024 | ₹ 255 (104.94%) |
| December 24, 2024 | ₹ 260 (107.00%) |
| December 23, 2024 | ₹ 260 (107.00%) |
| December 22, 2024 | ₹ 260 (107.00%) |
| December 21, 2024 | ₹ 260 (107.00%) |
| December 20, 2024 | ₹ 250 (102.88%) |
| December 19, 2024 | ₹ 260 (107.00%) |
| December 18, 2024 | ₹ 200 (82.30%) |
| December 17, 2024 | ₹ 111 (45.68%) |
| December 16, 2024 | ₹ 111 (45.68%) |
| December 15, 2024 | ₹ 92 (37.86%) |
| December 14, 2024 | ₹ 92 (37.86%) |
| December 13, 2024 | ₹ 75 (30.86%) |
Mamata Machinery IPO Details
| Overview Points | Description |
|---|---|
| Company Name | Mamata Machinery Limited |
| Industry | Industrial Machinery and Equipment |
| IPO Issue Type | Book Built Issue |
| Open Date | December 19, 2024 |
| Close Date | December 23, 2024 |
| Total Issue Size | Approx ₹179.39 Crores |
| Fresh Issue | Approx ₹[.] Crores |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹230 to ₹243 Per Share |
| Listing on | BSE & NSE |
| Employee Discount | ₹12 Per Share |
| Lot Size | 61 Shares Per Lot |
| Offer for Sale | Approx 73,82,340 Equity Shares |
| Shares Offered to Retail | 30% |
| Shares Offered to QIB | 50% |
| Shares Offered to HNI | 15% |
Mamata Machinery IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | December 19, 2024 |
| IPO Close Date | December 23, 2024 |
| Basis of Allotment | December 24, 2024 |
| Refunds | December 26, 2024 |
| Credit to Demat Account | December 26, 2024 |
| IPO Listing Date | December 27, 2024 |
FAQs
What is the Current GMP for Mamata Machinery IPO?
The Mamata Machinery IPO GMP is ₹ 92 as of today.
What are the Expected Returns for Mamata Machinery IPO?
The expected returns for Mamata Machinery IPO are 38%.
Disclaimer:
- The IPO Grey Market Premium (Mamata Machinery IPO GMP) mentioned is applicable only for the specific date noted above.
- We do not participate in buying or selling IPO forms in the Grey Market.
- Please do not base your decision to subscribe to an IPO solely on the premium price, as it may fluctuate before the listing. Always consider the company’s fundamentals before investing.
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