Mamata Machinery IPO Subscription Status started on Thursday, December 19, 2024, and will close on December 23, 2024. The IPO aims to raise approximately ₹179.39 crores through public issuance. The allocation for investor categories includes 10% for Retail Investors, 75% for Qualified Institutional Buyers (QIBs), and 15% for Non-Institutional Investors (NII). The price band is set at ₹230 to ₹243 per equity share, offering an opportunity for investors to participate in this anticipated offering.
The Mamata Machinery IPO requires a minimum market lot of 61 shares, amounting to an application value of ₹14,823. This IPO is classified as a Mainboard IPO and will be listed on the BSE.
About Mamata Machinery
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 crore in 2021, ₹167.03 crore in 2022, ₹181.61 crore in 2023, and ₹131.44 crore 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).
GMP on IPO of Mamata Machinery
For the latest updates on Mamata Machinery IPO Grey Market Premium (GMP) and GMP of IPOs, please visit our IPO GMP Page. Stay informed on premium trends and investor interest before making your investment decision.
BapuKhabar View on Mamata Machinery
We recommend investors consider applying for this IPO with a Long-Term Perspective, as it holds potential for growth in the coming years. However, before committing, it’s wise to review the QIB, NII, and Retail subscription numbers.
Mamata Machinery IPO Subscription Status (Day Wise)
Category | Day 1 | Day 2 | Day 3 |
---|---|---|---|
QIB | 1.51 | 4.74 | 235.88 |
NII | 18.89 | 50.88 | 274.38 |
RII | 24.23 | 52.96 | 138.08 |
Total | 16.70 | 38.86 | 194.95 |
Investor Insights
Employee Category (EMP): Reserved specifically for eligible employees, providing an opportunity to invest at the IPO price.
Qualified Institutional Buyers (QIB): Typically larger institutions, including mutual funds and banks, this category has shown [interest level, e.g., strong demand].
Non-Institutional Investors (NII): Includes corporate bodies and HNIs who often bid for a significant portion.
Retail Individual Investors (RII): Subscription levels in this category reflect the enthusiasm of individual retail investors.
Mamata Machinery IPO Review and Rating
- Recommendation: Apply
- Rating: ★★★★★ (5/5)
Mamata Machinery IPO Forms
How to apply for the Mamata Machinery IPO?
You can apply for the Mamata Machinery IPO through the ASBA option available in your bank account. Simply log in to your online banking, navigate to the Invest section, and select the Mamata Machinery IPO to apply directly. Alternatively, you can apply using IPO forms downloaded online. Download the blank Mamata Machinery IPO forms, fill them out, and submit them at your bank or through your broker.
FAQs
When will the Mamata Machinery IPO Subscription Start?
The IPO subscription starts on December 19, 2024 for QIB, NII, and Retail Investors.
How to Subscribe to the IPO?
You can subscribe via ASBA or non-ASBA options. Log in to your bank account and apply for the IPO through ASBA, or download the IPO application form, fill it out, and submit it to your broker or bank.
How Can I Check Live Mamata Machinery IPO Subscription Numbers Today?
Visit our portal for live IPO subscription updates, which we refresh hourly from official sources. You can also check live subscription data on the official websites associated with the IPO.
How to Apply for the IPO through Zerodha?
- Log in to your Zerodha account (website or app).
- Go to Portfolio and select IPO.
- Select the IPO name and click on the Bid button.
- Enter your UPI ID, quantity, and price, then submit the application.
- Approve the mandate in your UPI app or Net Banking/BHIM App.
How to Apply for the IPO through Upstox?
- Log in to your Upstox account.
- Select the IPO name and click on Bid.
- Confirm your application and go to your UPI app or Net Banking/BHIM App to approve the mandate.
How to Apply for the IPO through Paytm Money?
- Log in to Paytm Money and select the IPO name.
- Click on the Bid button and confirm your application.
- Approve the mandate through your UPI app or Net Banking/BHIM App.
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