Mamata Machinery IPO
Mamata Machinery IPO — date, price band, lot size & details 2024
Mamata Machinery listed on 27 Dec 2024 at ₹600, 146.9% above the ₹243 issue price.
Mamata Machinery makes and exports plastic bag and pouch making machines, packaging machines and extrusion equipment for FMCG and other packaging users. Its total income was Rs 241.31 crore in FY2024.
Stock price
Mamata Machinery is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 11 November.
- Open 19 Dec 2024
- Close 23 Dec 2024
- Allotment 24 Dec 2024
- Refund/credit 26 Dec 2024
- Listing 27 Dec 2024
Issue summary
The terms of the offer, as filed.
| IPO Dates | 19 to 23 Dec, 2024 |
|---|---|
| Price Band | ₹230 – ₹243 |
| Face Value | ₹10 |
| Lot Size | 61 Shares |
| Issue Size | ₹179.35 Cr |
| Sale Type | OFS only |
| Listing On | BSE, NSE |
| Employee Discount | Rs 12.00 per share |
| Registrar | MUFG Intime India Private Limited |
| Min Investment | ₹ 14,823 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 61 shares at the ₹243 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 61 | ₹14,823 |
| Retail (max) | 13 | 793 | ₹1,92,699 |
| S-HNI (min) | 14 | 854 | ₹2,07,522 |
| S-HNI (max) | 67 | 4,087 | ₹9,93,141 |
| B-HNI (min) | 68 | 4,148 | ₹10,07,964 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01Profit after tax rose from Rs 21.70 crore in FY2022 to Rs 36.13 crore in FY2024.
- 02Total income rose from Rs 196.57 crore in FY2022 to Rs 241.31 crore in FY2024.
- 03The pre-issue P/E was 15.3 at the upper band of Rs 243, based on EPS of Rs 15.88.
- 04Borrowing was low at Rs 4.34 crore on 30 June 2024.
- 05The source puts return on net worth at 27.39%.
Risks · 5
- 01The whole Rs 179.35 crore issue was offer for sale by the promoters, so no money went to the company.
- 02Profit was only Rs 0.22 crore in the three months to 30 June 2024, as sales are seasonal.
- 03Machinery demand depends on capex by packaging and FMCG companies, and export sales add currency risk. Debt to equity was 0.09.
- 04The company is small, with net worth of Rs 132.82 crore.
- 05Promoters held 92.45% before the issue and 62.45% after it.
Three years of numbers
All figures in ₹ crore, as reported in the Mamata Machinery offer document.
| Metric | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 240.85 | 237.49 | 228.47 | 216.33 |
| Total Income | 29.19 | 241.31 | 210.13 | 196.57 |
| Profit After Tax | 0.22 | 36.13 | 22.51 | 21.70 |
| NET Worth | 132.82 | 131.88 | 127.38 | 103.56 |
| Total Borrowing | 4.34 | 11.60 | 18.63 | 20.86 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Mamata Machinery RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Mamata Machinery IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Pre-Issue | Post-Issue |
|---|---|---|
| EPS (₹) | ₹15.88 | ₹0.38 |
| P/E Ratio (x) | 15.30 | 633.97 |
| Market Cap at Offer Price (₹ Cr) | ₹3.37 | ₹140.68 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹243 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
How the company intends to use the proceeds of the issue.
Information about the usage of proceeds from the Mamata Machinery IPO will be updated shortly.
About the company
It provides end-to-end manufacturing solutions for the packaging industry. Products made on its machines are used in packing food, FMCG and other goods, and it mainly sells to consumer brands and packaging makers.
Its revenue from operations grew from Rs 1,922.47 million in Fiscal 2022 to Rs 2,366.11 million in Fiscal 2024. Its promoters include Mahendra Patel, Chandrakant Patel, Nayana Patel and Bhagvati Patel.
The IPO was Rs 179.35 crore and was entirely an offer for sale by the promoters, so the company received none of the money.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Mamata Machinery IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Beeline Capital Advisors Pvt. Ltd.
9 issues handled (5 mainboard, 4 SME)Best listing: Kratikal Tech (+42.2%). Weakest: Modern Diagnostic & Research Centre (0.0%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Mamata Machinery?
The current Grey Market Premium is ₹245, or 101% over the issue price.
What is the Mamata Machinery IPO price band?
₹230 to ₹243, on a face value of ₹10.
When is the allotment?
The basis of allotment is 24 December 2024, with listing on 27 December 2024.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
