Published 15:05 IST, December 23rd 2024
Mamata Machinery IPO:Check Price Band, Latest GMP, Minimum Investment, Lot Size
Mamata Machinery Limited, a leader in packaging machinery, launches its IPO worth Rs 179.39 crores.
Incorporated in April 1979, Mamata Machinery Limited has established itself as a prominent manufacturer and exporter of machines for producing plastic bags, pouches, packaging, and extrusion equipment. The company’s products cater to the FMCG, Food, and Beverage industries, offering advanced manufacturing solutions for the packaging sector.
The Mamata Machinery IPO is a book-built issue valued at Rs 179.39 crores. The entire issue comprises an offer for sale of 0.74 crore shares. The IPO bidding period began on December 19, 2024, and concluded on December 23, 2024.
Mamata Machinery IPO Price Band
The IPO price band is set between Rs 230 and Rs 243 per share.
Mamata Machinery IPO Lot Size
Retail Investors: Minimum application size is 61 shares, requiring a minimum investment of Rs 14,823.
sNII Investors: Minimum of 14 lots (854 shares) for an investment of Rs 2,07,522.
bNII Investors: Minimum of 68 lots (4,148 shares) for an investment of Rs 10,07,964.
Mamata Machinery IPO GMP Today
According to market tracker websites, the Mamata Machinery IPO GMP (grey market premium) stands at Rs 260 today. With the cap price of Rs 243, the estimated listing price is Rs 503 per share. This suggests an impressive gain of 107% per share.
Mamata Machinery IPO Allotment and Listing Dates
The allotment of shares is expected to be finalized on Tuesday, December 24, 2024. The Mamata Machinery IPO is slated to list on both BSE and NSE, with the tentative listing date set for Friday, December 27, 2024.
Mamata Machinery IPO Face Value
Each share carries a face value of Rs 10.
Mamata Machinery IPO Running Lead Managers
Beeline Capital Advisors Private Limited serves as the book-running lead manager for the IPO, while Link Intime India is the appointed registrar.
Updated 15:05 IST, December 23rd 2024