IPO

Mamata Machinery Limited IPO

Mainboard

Industrial Products

Listed On: Dec 27, 2024 at ₹ 600.0(NSE)

₹ 14823 /61 Shares

Check Allotment

19 Dec, 2024

Open Date

23 Dec, 2024

Close Date

24 Dec, 2024

Allotment Date

27 Dec, 2024

Listing Date
Price Summary

Last Closing

433.70 (78.48%)

52 Week High

630.00

52 Week Low

311.55

Last Update

17-Oct-2025 3:30 PM
Mamata Machinery IPO Issue Details
  • Issue Price ₹230-243 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 73,82,340 shares(aggregating up to ₹179.39 crore)
  • Offer For Sale 73,82,340 shares(aggregating up to ₹179.39 crore)
  • Listing at BSE, NSE
  • List Price 600.0(NSE)
  • Listing Date 2024-12-27
  • Lead Manager Beeline Capital Advisors Pvt Ltd
  • Registrar Link Intime India Private Ltd
Market Lot Size

Investors can bid for a minimum of 61 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min)161₹14,823
Retail(max)13793₹1,92,699
Mamata Machinery IPO Reservation

Mamata Machinery IPO offers total 73,82,340 shares. Out of which 14,69,557 (19.91%) allocated to QIB, 11,02,101 (14.93%) allocated to NII,25,71,569 (34.83%) allocated to RII, 35,000 (0.47%) allocated to employees and 22,04,113 (29.86%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares Offered22,04,113 (29.86%)
QIB Shares Offered14,69,557 (19.91%)
NII (HNI) Shares Offered11,02,101 (14.93%)
bNII < ₹10L7,34,734 (9.95%)
sNII < ₹10L3,67,367 (4.98%)
Retail Shares Offered25,71,569 (34.83%)
Employee Shares Offered35,000 (0.47%)
Total Shares Offered73,82,340 (100%)
Mamata Machinery IPO Documents
Mamata Machinery IPO Details


Mamata Machinery IPO is a book-built issue of ₹179.39 crores, The total issue size is ₹179.39 crores. The IPO of Mamata Machinery is priced at ₹230-243 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Dec 19, 2024 and ends on Dec 23, 2024. The allotment for Mamata Machinery IPO will be finalized on Dec 24, 2024. Mamata Machinery IPO will be listed on BSE, NSE, with a tentative listing date fixed as Dec 27, 2024. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.

Retail investors can bid for a minimum of 61 shares, extendable to 14,823. The book-running lead manager for the IPO is/are Beeline Capital Advisors Pvt Ltd.

The total issue ₹179.39 crore and having Offer for Sale (OFS) of 73,82,340 shares to mop up ₹179.39 crore.

The Mamata Machinery IPO sets its price band at 230-243 for each share. A single application for Mamata Machinery Limited IPO must contain at least 61 shares. Sentiment investors need to invest a minimum of 61 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,823

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Mamata Machinery IPO Subscription Analysis And Details
Retail
137.76x
QIB
235.88x
NII
274.32x
bNII
222.71x
sNII
377.55x
Total
194.77x
As onQIBNII
bNII   sNII
RetailTotal
Shares Offered / Reserved14,69,55711,02,101
7,34,734    3,67,367
25,71,56951,78,227
Day 1 19-12-24 05:00 PM
1.51 x18.87
10.99 x   34.63 x
23.84 x16.48 x
Day 2 20-12-24 05:00 PM
4.74 x50.23
32.94 x   84.81 x
51.03 x37.75 x
Day 3 23-12-24 05:00 PM
235.88 x274.32
222.71 x   377.55 x
137.76 x194.77 x

Total No of Applications
49,18,078
Subscription on the basis of Applications
Retail:109.64x BHNI:43.04x SHNI:357.27x
Mamata Machinery Valuations
EPS Pre IPO ₹15.88/-
EPS Post IPO ₹/-
P/E Pre IPO 15.3
ROE 27.76%
ROCE 31.29%
Debt/Equity 0.09
RoNW 27.39%
PAT Margin 15.27
Price to Book Value 4.50
Mamata Machinery Company Financials
In Crs.
In Cr.
31-Mar-2431-Mar-2331-Mar-22
Assets237.49228.47216.33
Revenue241.31210.13196.57
Profit After Tax36.1322.5121.7
Net Worth131.88127.38103.56
Total Borrowing11.618.6320.86
About Mamata Machinery Company

Mamata Machinery is a global manufacturer and exporter of cutting-edge plastic bag and pouch-making machines, packaging machines, and extrusions. It provides total solutions for the packaging industry. The company was established in 1989 and has now built a big global presence, from FMCG and food to e-commerce packaging. With operations in more than 75 countries, including the USA, Mamata Machinery has built a trust circle with major clients such as Balaji Wafers and Gits Food Products.

Mamata Machinery is the company reputed for innovation and patented design in delivering bag, pouch, and blown film machines. Specialized in innovations from leading products to meet the changing needs of the packaging sector, the company offers top-class products and after-sales service emanating from state-of-the-art manufacturing facilities in India and the USA.

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Mamata Machinery - Promoter(s)

Mahendra Patel

Chandrakant Patel

Nayana Patel

Bhagvati Patel

Mamata Group Corporate Services LLP

Mamata Management Services LLP

Pre Issue Share Holding : 92.45%

Post Issue Share Holding : 62.45%

Mamata Machinery IPO - Issue Objectives
1

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.

Mamata Machinery IPO - Anchor Investors

Mamata Machinery raises Rs 53.56 crore via anchor book.

3P India Equity Fund is the largest anchor investor in the company, buying 5.48 lakh shares worth Rs 13.33 crore, while Authum Investment, Winro Commercial, Subhkam Ventures, and Chartered Finance & Leasing picked 2.97 lakh shares worth Rs 7.23 crore each.

Belgrave Investment Fund invested Rs 6.07 crore and Aarth AIF Rs 5.21 crore in the company via anchor book.

Mamata Machinery IPO - Peers Comparison
Company NameEPS (Basic)EPS (Diluted)NAV (per share) (Rs)P/E (x)RoNW (%)P/BV RatioFinancial statements
Mamata Machinery Limited14.6514.6553.59N/A27.39N/AConsolidated
Rajoo Engineers Ltd.3.413.4120.5957.1616.599.7Consolidated
Windsor Machines Ltd.-1.19-1.1941.07N/A-2.891.61Consolidated
Kabra Extrusiontechnik Ltd.9.89.67134.5230.647.482.21Consolidated

Notes:

  1. All the financial information for the listed industry peers mentioned above is consolidated.
  2. Basic & Diluted EPS for peers is sourced from the annual report for the Financial Year 2024. In contrast, the Company is based on the Restated Consolidated Financial Information of the Company.
  3. The P/E Ratio has been computed based on the closing market price of equity shares on BSE on March 28, 2024, divided by the Diluted EPS provided under Note 2 above.
  4. RoNW is computed as profit for the year/period attributable to the owners of our Company divided by the Net Worth at the end of the respective year/period attributable to the owners of our Company.
  5. NAV per Equity Share (in Rs) = net worth at the end of the year/number of equity shares outstanding at the end of the year.
  6. Net Worth means aggregate equity share capital and other equity.
  7. CMP means the closing market price of the company's equity shares as of March 28, 2024.
  8. Windsor Machines Limited's EPS is Negative, resulting in a Negative PE ratio.
Strength
Mamata Machinery offers end-to-end packaging solutions, simplifying procurement and fostering customer loyalty.
The company has a global presence in 75 countries, providing access to diverse markets and a larger customer base
Strong focus on innovation, with a dedicated team and patents, helping them stay ahead of competitors.
Strategic manufacturing locations in India and the USA support cost-effective production and quick response to market demands.
Weakness
Heavy dependence on its top 10 customers, with 29.19% of revenue linked to them, poses a financial stability risk.
Volatile raw material prices (48.18% of revenue) may reduce margins if costs can’t be passed on to customers.
Contact Details

Mamata Machinery

Survey No. 423/P, Sarkhej-Bavla Road, N.H No. 8A, Moraiya, Sanand, Ahmedabad - 382213

02717-630 800/801

investor@mamata.com

https://www.mamata.com/

Registrar Contact Details