Listed
Mamata Machinery IPO
Mamata Machinery IPO is a book built issue of Rs 179.39 crores. The issue is entirely an offer for sale of 0.74 crore shares. Mamata Machinery IPO bidding started from December 19, 2024 and ended on December 23, 2024. The allotment for Mamata Machinery IPO was finalized on Tuesday, December 24, 2024. The shares got listed on BSE, NSE on December 27, 2024.
Min Investment
₹14,030
Lot Size
61 Shares
Price Range
₹243
Issue Size (₹ Cr.)
₹179.39 Cr
IPO Type
Mainboard
Key Metrics
Face Value
₹ 10 per share
GMP
Subscription
194.95x
EPS
₹ 0.38
P/E Ratio
23.15 x
RoNW
27.39%
ROE
27.76%
Debt to Equity (₹ Cr.)
0.09
Timeline
IPO Opened19/12/2024Thursday
IPO Closed23/12/2024Monday
Allotted24/12/2024Tuesday
Refunded26/12/2024Thursday
Listed27/12/2024Friday
Strengths
- Low Debt & Strong Financials – With a Debt-to-Equity ratio of 0.09, Mamata Machinery operates with minimal debt, ensuring financial stability and low financial risk.
- Strong Market Position in Packaging Machinery – The company is a leading manufacturer of flexible packaging and converting machinery, catering to both domestic and international markets.
- High IPO Demand & Strong Subscription – The IPO was oversubscribed 194.95 times, reflecting strong investor confidence and market enthusiasm for its growth prospects.
- Diverse Product Portfolio & Global Reach – Mamata Machinery serves multiple industries, including food, pharmaceuticals, and consumer goods, with exports contributing significantly to its revenue.
- Rising Demand for Sustainable Packaging – As the global push for eco-friendly packaging increases, Mamata Machinery is well-positioned to benefit from the demand for biodegradable and recyclable packaging solutions.
Weaknesses
- Dependence on the Packaging Industry – The company’s revenue is highly dependent on the flexible packaging and converting machinery sector, making it vulnerable to industry slowdowns and regulatory changes.
- Exposure to Raw Material Price Fluctuations – Rising costs of metals, electronics, and industrial components can impact profit margins if not effectively managed.
- Intense Competition – Faces strong competition from both domestic and international players, which can impact pricing power and market share.
- High Working Capital Requirements – Being in the capital goods sector, the company requires significant investment in inventory, R&D, and machinery, leading to potential cash flow constraints.
- Foreign Exchange Risk – With a significant portion of revenue coming from exports, Mamata Machinery is exposed to currency fluctuations, which can affect profitability.
Financials
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets (₹Cr) | 240.85 | 237.49 | 228.47 | 216.33 |
| Revenue (₹Cr) | 29.19 | 241.31 | 210.13 | 196.57 |
| Profit After Tax (₹Cr) | 0.22 | 36.13 | 22.51 | 21.7 |
| Net Worth (₹Cr) | 132.82 | 131.88 | 127.38 | 103.56 |
| Total Borrowing(₹Cr) | 4.34 | 11.6 | 18.63 | 20.86 |
Subscription Details
IPO Bidding Live Updates from BSE, NSE
| Day | # of Share Offered | Number of Lots Offered | 19th Dec 2024 19:04 | 20th Dec 2024 18:56 | 23rd Dec 2024 18:21 |
|---|---|---|---|---|---|
| QIB | 14,69,557 | 24091 | 1.51x | 4.74x | 235.88x |
| NII | 11,02,101 | 18067 | 18.99x | 50.88x | 274.38x |
| S-NII | 3,67,367 | 6022 | 34.99x | 86.72x | 377.72x |
| B-NII | 7,34,734 | 12045 | 10.99x | 32.96x | 222.71x |
| RII | 25,71,569 | 42157 | 24.23x | 52.96x | 138.08x |
| EMP | 35,000 | 574 | 29.08x | 56.69x | 153.27x |
| Total | 51,78,227 | 84889 | 16.70x | 38.86x | 194.95x |
IPO Bidding Live Number of Shares by Category
| Category | Number of Shares offered | Number of Shares Bid | Bid Amount(Rs Cr) | ||
|---|---|---|---|---|---|
| QIB | 14,69,557 | 34,66,43,968 | 8,423.45 | ||
| NII | 11,02,101 | 30,23,93,470 | 7,348.16 | ||
| Small NII | 3,67,367 | 13,87,62,739 | 3,371.93 | ||
| Big NII | 7,34,734 | 16,36,30,731 | 3,976.23 | ||
| RII | 25,71,569 | 35,50,80,085 | 8,628.45 | ||
| EMP | 35,000 | 53,64,279 | 130.35 | ||
| Total | 51,78,227 | 1,00,94,81,802 | 24,530.41 |
Company Details
- 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 Details
- Link Intime India Private Ltd
+91-22-4918 6270
- mamatamachinery.ipo@linkintime.co.in
- https://linkintime.co.in/Initial_Offer/public-issues.html
