MAMATA MACHINERY LIMITED
₹ 230 - ₹ 243
19-Dec-2024 - 23-Dec-2024
₹ 14823.00

/ 61 Shares

MAMATA MACHINERY LIMITED

19-Dec-2024 - 23-Dec-2024

₹ 230 - ₹ 243

Price Band

₹ 14823.00

Minimum Investment

61

Bid Lot

7,382,340

Shares

IPO Details

Offer for Sales of Up to 73,82,340 Equity Shares

Category % Shares/Amount
QIB 50% 3,673,670 Shares RS. 89.27 CR
HNI 1 5% 367,367 Shares RS.8.93 CR @ 430 FORM 1X
HNI 2 5% 734,734 Shares RS.17.85 CR @ 860 FORM 1X
Retail 35% 2,571,569 Shares RS.62.49 CR @ 42157 FORM 1X
Employee 0% 35,000 Shares RS.0.81 CR

BRLMs: Beeline Capital Advisors Pvt. Ltd

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
42157 FORM 1X 430 FORM 1X 860 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 61 ₹ 14,823
Retail (Upto 2 Lakh) 13 793 ₹ 192,699
S-HNI (2 Lakh to 10 Lakh) 14 854 ₹ 207,522
S-HNI (2 Lakh to 10 Lakh) 67 4087 ₹ 993,141
B-HNI (Above 10 Lakh) 68 4148 ₹ 1,007,964

IPO Timeline

  • Open Date

    19-Dec-2024

  • Close Date

    23-Dec-2024

  • Basis of Allotment Date

    24-Dec-2024

  • Initiation of Refunds

    26-Dec-2024

  • Credit Shares to Demat A/c

    26-Dec-2024

  • IPO Listing Date

    27-Dec-2024

Subscription as on
23-Dec-2024 16:53

Category Book Size Subscription No. of Times
QIB 1,469,468 ₹ 35.71 Cr. 346,643,968 ₹ 8423.45 Cr. 235.90x
HNI (<10 LAKH) 367,367 ₹ 8.93 Cr. 138,606,152 ₹ 3368.13 Cr. 377.30x
HNI2 (>10 LAKH) 734,734 ₹ 17.85 Cr. 163,630,731 ₹ 3976.23 Cr. 222.71x
RETAIL 2,571,569 ₹ 62.49 Cr. 352,825,952 ₹ 8573.67 Cr. 137.20x
EMP 35,000 ₹ 0.85 Cr. 5,329,753 ₹ 129.51 Cr. 152.28x
Total 5,178,138 1,007,036,556 194.48x
Category Book Size Subscription No. of Times
QIB 1,469,468 ₹ 35.71 Cr. 346,643,968 ₹ 8423.45 Cr. 235.90x
HNI (<10 LAKH) 367,367 ₹ 8.93 Cr. 138,606,152 ₹ 3368.13 Cr. 377.30x
HNI2 (>10 LAKH) 734,734 ₹ 17.85 Cr. 163,630,731 ₹ 3976.23 Cr. 222.71x
RETAIL 2,571,569 ₹ 62.49 Cr. 352,825,952 ₹ 8573.67 Cr. 137.20x
EMP 35,000 ₹ 0.85 Cr. 5,329,753 ₹ 129.51 Cr. 152.28x
Total 5,178,138 1,007,036,556 194.48x

*Excluding Anchor

Total No. of Application Approx : ~4830968 (114.60 Appwise)

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

  • The Company was incorporated as ‘Patel Machinery Pvt. Ltd’, on April 17, 1979, at Ahmedabad. In September 1988, the name was changed to ‘Mamata Machinery Pvt. Ltd’. Subsequently on conversion to public limited company the named was changed to ‘Mamata Machinery Ltd’ in June 2024.
  • The company manufactures and export plastic bags and pouch making machines, packaging machines and extrusion equipment. The company provides end-to-end manufacturing solutions for the packaging industry.
  • Products manufactured using the company’s machines are used across several industries as packaging applications, such as the packing of food and FMCG products.
  • The company operate 2 machine manufacturing facilities, 1 in India and 1 in the USA. In India, the manufacturing facility at Sanand, Ahmedabad, is the manufacturing base for all machines in the portfolio and design and development. The facility at USA, focuses on product applications, design and development of machines, and customization of the machines sold in the USA.
  • The company sells its machines under the brand name “Vega” and “Win”. As of September 30, 2024, the company has installed 4,500+ machines in 75 countries around the world.
  • The company has been able to create a global footprint in terms of customers, and its top 10 overseas customers in FY 2024, are located in the USA, UAE, Poland and Spain. The company’s top 10 customers contributed 31.69% and 74.64% of its revenue from operations in FY2024 and 3-month period ended June 30, 2024, respectively.
  • The company continues to invest in design and development and has an in-house team of 87 engineers and application experts. The company has registered 4 patents for products and processes and has applied for 2 patents that are currently pending for approval.
  • The company has a healthy track record of revenue growth and profitability. The company’s revenue from operations grew at a CAGR of 10.94% from ? 192.25 Cr in FY 2022 to ? 236.61 Cr in Fiscal 2024, while the EBITDA has grown at a CAGR of 25.53 % from ? 29.94 Cr in FY 2022 to ? 47.18 Cr in FY 2024.
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Strengths

Competitive Strength 

  • Among the leading exporter of machinery and equipment for bag and pouch making machinery, packaging machinery and co-extrusion blown film machinery and attachment
  • Advanced manufacturing infrastructure and material knowledge to customize systems and products based on customer specifications
  • Technology-driven operations with a strong focus on quality, innovation-led research and development, leading to products that cater to dynamic market requirements
  • Customer-centric operations, with an extensive global sales and distribution network
  • Skilled and experienced management team with committed employee base

 Business Strategies 

  • Leverage the industry-leading capabilities by continuing to diversify the customer base and increase penetration in new geographies
  • Continue to innovate across product categories, catering to wider end-applications
  • Reduce operating costs and improve operational efficiencies

Company Promoters

Company Financials

Mamata Machinery Limited's revenue increased by 15% and profit after tax (PAT) rose by 61% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended 30 Jun 2024 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 240.85 237.49 228.47 216.33
Revenue 29.19 241.31 210.13 196.57
Profit After Tax 0.22 36.13 22.51 21.7
Net Worth 132.82 131.88 127.38 103.56
Total Borrowing 4.34 11.6 18.63 20.86
Amount in ? Crore

Objects of the Issue

The Company will not receive any proceeds from the Offer (the " Offer Proceeds") and all the Offer Proceeds will be received by the Selling Shareholders post deduction of Offer-related expenses to be borne by the Selling Shareholders.

How to Apply

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    Once you create your account, Login to Us.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

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  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
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  • Maximum three bids will be accepted.
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