₹ 14823 / 61 shares
IPO Details
RHP/DRHPIssue Date
19 Dec - 23 Dec'24
Investment/lot
₹ 14823
Price Range
230 - 243
Lot Size
61
IPO Size
₹ 179.35 cr
IPO Listing Details
Listing On
27 Dec'24
Issue Price
243
Listed Price
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Retail Gain/Listing Gain
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IPO Timeline
About Mamata Machinery IPO
Mamata Machinery IPO is an IPO of ₹179.39 crores. The issue is an offer for sale of ₹179.39 crores. The IPO opens for subscription on December 19, 2024 and closes on December 23, 2024. The shares will be allotted on Dec 24, 2024 and the initiation of refunds will happen on Dec 26, 2024.
Objective of Mamata Machinery IPO
- Achieve listing benefits.
- Offer for Sale to allow promoters to reduce shareholding
Mamata Machinery IPO Valuation
| Detail | Information |
|---|---|
Upper Price Band (₹) | ₹243 |
Existing Shares to be Sold | 73,82,340 equity shares |
Fresh Issue | None (No fresh issue; complete Offer for Sale) |
Market Capitalisation (₹) | ₹598 crore |
EPS (₹) | 14.65 (FY24) |
Mamata Machinery IPO Lot Size
| 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 |
Mamata Machinery IPO Share offer and Subscription Details
| Investor Category | Shares Offered |
|---|---|
QIB shares offered | Not more than 50% of the Net issue |
Retail shares offered | Not more than 35% of the issue |
NII(HNI) shares offered | Not more than 15% of the issue |
Industry Overview
The packaging machinery market is projected to grow at a CAGR of 4.5%, reaching USD 60.8 billion by 2028. India is rapidly emerging as a key player due to rising demand in FMCG and food sectors.
Company Information
Mamata Machinery Ltd, established in 1979, specialises in manufacturing packaging and plastic bag machinery. The company has a robust international presence and exports machinery to multiple countries. Their machines are primarily used for FMCG and F&B industries.
Strengths of Mamata Machinery IPO
Strong Export Market:
Significant global presence with 70% revenue from exports.
Robust Financials:
Strong revenue and profit growth.
Innovative Machinery:
Advanced technologies for flexible packaging solutions
Risks of Mamata Machinery IPO
Revenue Dependency: High reliance on exports, especially the US market. Regulatory Changes: Potential government restrictions on plastic packaging. Labour Dependency: Dependence on skilled and contract labour IPO Financials (graphs)
Comparison with peers
| Name of the company | Total Income (in Million) | Basic | NAV per share | PE | CMP | RoNW |
|---|---|---|---|---|---|---|
Mamata Machinery Limited | 2413.08 | 14.65 | 53.59 | . | . | 27.39 |
Rajoo Engineers Limited | 2012.86 | 3.41 | 20.59 | 57.16 | 194.9 | 16.59 |
Windsor Machines Limited | 3569.18 | -1.19 | 41.07 | 66.07 | -2.89 | |
Kabra Extrusion Technik Limited | 6146.55 | 9.8 | 134.52 | 30.64 | 296.3 | 7.48 |
Anchor Investor Information
IPO Registrar and Book Running Lead Managers
Beeline Capital Advisors Private Limited
Registrar for the IPO is Link Intime India Private Limited
Business Model
Mamata Machinery Ltd operates a comprehensive business model that focuses on manufacturing high-quality packaging and plastic bag machinery, catering primarily to the FMCG, food, and beverage industries.
The company generates revenue through the production and sale of customised machines, including bag and pouch-making systems, and offers after-sales services such as maintenance, repairs, and spare parts supply.
Additionally, with a significant emphasis on exports, Mamata Machinery leverages its global presence to serve clients across various international markets, ensuring sustainable growth and consistent revenue generation.
Company Growth Trajectory
Revenue Growth: Increased from ₹1,922.47 million in FY22 to ₹2,366.11 million in FY24. PAT: Improved from ₹216.97 million in FY22 to ₹361.25 million in FY24
How To Apply for Mamata Machinery Ltd IPO?
Here are the steps to apply for Mamata Machinery Ltd IPO:
Step 1: Log in to your Kotak Securities Demat account Log in to your Demat account to access IPO investments. Next, select the current IPO section.
Step 2: Specify IPO details Enter the number of lots and the price you wish to apply for.
Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.
Step 4: Mandate Notification Your UPI app will receive a mandate notification to block funds.
Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.
All Financial Information about Mamata Machinery
Comprehensive financial data, including revenue, profit/loss statements, EBITDA, and other critical metrics.
Particulars (in Rs. million)
Particulars (in Rs. million)
Company Profit & Loss
| Metric | FY22 (₹ Mn) | FY23 (₹ Mn) | FY24 (₹ Mn) |
|---|---|---|---|
Profit for the Year | 294.31 | 1,312.73 | 1,663.17 |
Net Cash from Operations | 521.64 | 741.39 | 1,025.81 |
Net Cash from Investing | -300.78 | -412.34 | -200.45 |
Net Cash from Financing | 150.23 | -500.12 | -350.6 |
Cash & Cash Equivalents | 215.98 | 264.25 | 338.41 |
How To Check Allotment Status of Mamata Machinery Ltd IPO?
You can check the allotment status of shares either on the website of the Bombay Stock Exchange (BSE) or on the website of the registrar — Link InTime India Pvt Ltd. To check the status on the BSE website:
- Visit the BSE website
- Click on “Investor Services” and choose “Application Status Check”
- Choose the issue type — Equity or Debt (Equity in this case)
- Select the Issue Name from the drop-down. The issue name is the company’s name, which is Ventive Hospitality Limited.
- Enter your application number or PAN number
- Check the box which says “I’m not a Robot” and click on “Search” to know the allotment status
Follow these steps to know the allotment status on the registrar’s website:
- Visit the Link Intime website
- Choose “Public Issues” from the “Investor Services” drop-down
- Select Ventive Hospitality Ltd from the drop-down
- Enter your PAN number or Application number
- Click on “Submit” to know the allotment status
Mamata Machinery IPO FAQs
What is the minimum lot size required for Mamata Machinery IPO?
The minimum lot size is 61 shares and the investment required is ₹14823.
What is the price band of the Mamata Machinery IPO?
The price band of Mamata Machinery IPO is ₹230 to ₹243.
Where can I read more about Mamata Machinery business?
You can read more about Mamata Machinery and its IPO from the company’s red herring prospectus (RHP) here.
What is the Mamata Machinery Ltd IPO?
The Mamata Machinery Ltd IPO has an issue size of ₹179.3 crores. The IPO opens for subscription on 19/12/2024 and closes on 23/12/2024.
Who is the Registrar for Mamata Machinery Limited IPO?
Kfin Technologies Limited is the registrar for this IPO.
