Mamata Machinery IPO is open now for subscription. It is a small-cap company in the engineering sector. The small-cap company is a highly profitable company, and its demand can be also seen in the Mamata Machinery IPO GMP (grey market premium) Today. As per the GMP, the stock can give a huge return on the listing day.
India’s flexible packaging market size increased from $12.92 billion to $49 billion by 2023 due to the high demand for packed food and many other packing needs. As per experts, it is expected that the market may also increase in the upcoming years with almost the same growth rate as the demand for packed food and related packing requirements are increasing rapidly.
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Mamata Machinery IPO GMP Today
As of 11 Dec 2024, Mamata Machinery IPO GMP (grey market premium) Today is trading at Rs. 111. As per the GMP, the estimated listing price of the IPO in NSE and BSE is Rs. 354.
| Date | Live IPO GMP | EST. Listing Gains | Price Band | Issue Size | Bidding Dates |
|---|---|---|---|---|---|
| 11 Dec 2024 (Today) | ₹111 | ₹354 (45.68%) | ₹230 – ₹243 | ₹179.39 Crore | 19 Dec – 23 Dec 2024 |
Disclaimer: You should not completely rely on the IPO GMP as it is not an accurate indicator, and its trend may change rapidly anytime. Before applying for an IPO, you should check various things like Brokerage or Expert view, Subscription Levels or Status, Risks Involved, Financials, Industry and Market Conditions, Valuations, Company Fundamentals, Promoters and management, etc.
About Mamata Machinery Ltd
Mamata Machinery Ltd was established in 1989, the company is engaged in the business of the manufacturing and exporting of plastic bags and pouch-making machines. The company has various types of machines for different purposes.
Currently, the Mamata Machiner exported more than 4500+ machines in more than 75+ countries. It makes it one of the major players globally in the business. The financials of the company are also strong as low debt in the company, and it is making annual profits consistent.
Mamata Machinery Ltd’s IPO Details
Mamata Machinery’s IPO open date is set to 19 December 2024 and the IPO will close on 23 December 2024. The issue size of the IPO is nearly Rs. 179.39 Crore with a price band of Rs. 230 to Rs. 243. The IPO will be listed on the NSE and BSE on 27 December 2024.
| IPO Type | Mainboard |
| IPO Open Date | 19 December 2024 |
| IPO Close Date | 23 December 2024 |
| IPO Listing Date | 27 December 2024 |
| IPO Refund Date | 26 December 2024 |
| IPO Allotment Date | 24 December 2024 |
| IPO Demat Credit Date | 26 December 2024 |
| IPO Price Band | ₹xxx to ₹xxx Per Share |
| IPO Listing | NSE & BSE |
| Issue Size | Approx ₹179.29 Crore |
| Fresh Issue | Approx ₹N/A |
| Offer For Sale | Approx 73,82,340 Equity Shares |
| NII Quota | Not More Than 15% |
| QIB Quota | Not More Than 50% |
| Retail Quota | Not More Than 35% |
| Prospectus | Click Here |
Profit & Loss
Mamata Machinery Ltd is a small-cap company but its financials are strong as it is a low-debt company with a debt of Rs. 5.95 Crore. Over the years, the company has made consistent profits.
Currently, only the June 2024 quarterly results of the company are available publicly. In the quarter, the company reported a Rs. 0.22 Crore Net Profit and a profit before tax of Rs. 0.32 Crore.
Annual Profit and Loss, currently 5 years of profit and loss of the company is available from March 2020 to March 2024. In March 2024 the company reported a net profit was Rs. 1 Crore, In March 2021 Rs. 15 Crore, In March 2022 Rs. 33 Crore, In March 2023 Rs. 22 Crore, and in March 2024 Rs. 36 Crore.
FAQs
As of 17 December 2024, the Mamata Machinery IPO is not open, it will open on 19 December 2024. But its IPO has started trading in the grey market.
As of now, the Mamata Machinery IPO GMP (grey market premium) is trading at Rs. 111. As per the GMP, the stock’s estimated listing price is Rs. 354 (45.68%).
The Mamata Machinery is engaged in the business of manufacturing and exporting of plastic bags and pouch-making machines. The company has various types of machines for different purposes.
The company is selling its machines all over the world, in the past years the company sold or installed more than 4500 machines in more than 75 countries. In the business, the Mamata Machinery is one of the major players.
Yes, Mamata Machinery is a small-cap company. The current market cap of the company is Rs. 598 Crore as of 17 December 2024.
However, the company is financially strong and has a strong presence in the business. The annual loss and profit of the company is In March 2024 the company reported a net profit was Rs. 1 Crore, In March 2021 Rs. 15 Crore, In March 2022 Rs. 33 Crore, In March 2023 Rs. 22 Crore, and in March 2024 Rs. 36 Crore.
The Bottom Line
Mamata Machinery is a small-cap company in the engineering sector, but the company is financially and fundamentally strong. The company sells its products in dozens of countries. As of now, Mamata Machinery IPO GMP (grey market premium) is trading at Rs. 111.