Mamata Machinery Limited manufactures and exports machines for making plastic bags, pouches, packaging, and extrusion equipment. The company provides manufacturing solutions for the packaging industry.
The company caters to FMCG, Food, & Beverage industries. The company’s customers include Balaji Wafers Private Limited, Dass Polymers Private Limited, Jflexy Packaging Private Limited, Euphoria Packaging Private Limited, Sunrise Packaging, Om Flex India, Chitale Foods, V3 Polyplast Private Limited, Dhalumal Packaging Industries LLC, Laxmi Snacks Private Limited, Ganges Jute Private Limited, Western India Cashew Company Private Limited and N. N. Print & Pack Private Limited and Gits Food Products Private Limited and Emirates National Factory for Plastic Ind LLC.
As of May 31, 2024, the company has exported machines to over 75 countries. The company has international offices in Bradenton, Florida, and Montgomery, Illinois, as well as sales agents in over five countries across Europe, South Africa, and Asia..
The company has two machine manufacturing facilities, one in India and one in the USA.
As of May 31, 2024, the company employs 87 skilled engineers and application experts in electronics, mechanics, software, and design.
Mamata Machinery IPO – Details
| IPO Opening Date | 19 December 2024 |
| IPO Closing Date | 23 December 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 73,82,340 Shares Worth ₹179.39 Crore Offer For Sale: 73,82,340 Shares Worth ₹179.39 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹230 – ₹243 per share |
| Market Lot | 61 Shares |
| Min Order | 61 Shares (1 Lot) |
| Employee Discount | ₹12 |
| Listing At | BSE, NSE |
| Register | Link Intime India Private Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Mamata Machinery IPO – Date Schedule
| IPO Open Date | 19 November 2024 |
| IPO Close Date | 23 December 2024 |
| Basis of Allotment | 24 December 2024 |
| Initiation of Refund | 26 December 2024 |
| Credit of Shares to Demat Account | 26 December 2024 |
| IPO Listing Date | 27 December 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 23, 2024 |
Mamata Machinery IPO – Lots Size & Price
| 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 |
Competitive Strengths
- A major exporter of machinery and equipment for bag and pouch making, packaging, and co-extrusion blown film machinery and attachments.
- Advanced manufacturing tools and material knowledge to customize systems and products based on customers’ needs.
- Customer-centric operations, with an extensive global sales and distribution network.
- Experienced Management Team.
Company Promoters
- Mahendra Patel
- Chandrakant Patel
- Nayana Patel
- Bhagvati Patel
- Mamata Group Corporate Services LLP
- Mamata Management Services LLP
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 196.56 | 167.03 | 21.69 | 20.86 |
| 31 March 2022 | 210.12 | 181.60 | 22.50 | 18.63 |
| 31 March 2023 | 241.30 | 194.37 | 36.12 | 11.60 |
| 30 June 2024 | 29.19 | 28.87 | 0.21 | 4.34 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 27.76% |
| ROCE | 31.29% |
| Debt/Equity | 0.09 |
| RoNW | 27.39% |
| PAT Margin (%) | 15.27 |
| Pre IPO | Post IPO | |
| EPS (Rs) | – | – |
| P/E (x) | 16.59 | – |
Object 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.
Mamata Machinery IPO Peer Comparison
| S. No. | Face Value | Company Name | PE |
| 1 | 1 | Rajoo Engineers Limited | 57.16 |
| 2 | 2 | Windsor Machines Limited | – |
| 3 | 5 | Kabra Extrusion Technik Limited | 30.64 |
Mamata Machinery IPO Promoter Holding
| Pre Issue Share Holding | 92.45% |
| Post Issue Share Holding | 62.45% |
Mamata Machinery IPO Prospectus
Company Contact Information
| Mamata Machinery Limited Survey No. 423/P, Sarkhej-Bavla Road N.H No. 8A Moraiya, Sanand, Ahmedabad– 382213, Phone: 02717–630 800/801 Email: investor@mamata.com Website: https://www.mamata.com/ |
Mamata Machinery IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: mamatamachinery.ipo@linkintime.co.in Website: https://linkintime.co.in/initial_offer/public-issues.html |
Mamata Machinery IPO Lead Manager(s)
| 1. Beeline Capital Advisors Private Limited |
Mamata Machinery IPO FAQs
| What is Mamata Machinery IPO? Mamata Machinery IPO is a main-board IPO. The issue is priced at ₹230 to ₹243 per equity share. The IPO is to be listed on BSE & NSE. |
| When Mamata Machinery IPO will open? The IPO is to open on 19 December 2024 for QIB, NII, and Retail Investors. |
| What is Mamata Machinery IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Mamata Machinery IPO? You can apply Mamata Machinery IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Mamata Machinery IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Mamata Machinery IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Mamata Machinery IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Mamata Machinery IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Mamata Machinery IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Mamata Machinery IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Mamata Machinery IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Mamata Machinery IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Mamata Machinery IPO Size? Mamata Machinery IPO size is ₹179.39 Crore. |
| What is the Mamata Machinery IPO Price Band? Mamata Machinery IPO Price Band is ₹230 to ₹243. |
| What is Mamata Machinery IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 61 Shares with ₹14,823 amount while the maximum bid is 793 Shares with ₹1,92,699. |
| What is the Mamata Machinery IPO Allotment Date? Mamata Machinery IPO allotment date is 24 December 2024. |
| What is the Mamata Machinery IPO Listing Date? Mamata Machinery IPO listing date is 27 December 2024. The IPO is to be listed on BSE and NSE. |
