IPO Details
Bidding Dates
19 Dec 24 - 23 Dec 24
Price Range ₹
230 - 243
Total Equity
₹ 179.39Cr
Lot Size
61
Exchange Status
NSE,BSE
IPO Doc
Subscription Rate
Non-Institutional Investor
138.08×
Qualified Institutional Buyers
235.88×
Employees
153.27×
Retail Investors
138.08×
Total subscription Rate
194.95×
IPO Timeline
Offer start
19 Dec 2024
Offer end
23 Dec 2024
Allotment
24 Dec 2024
Refund initiation
26 Dec 2024
Demat transfer
26 Dec 2024
Listing
27 Dec 2024
Offer start
19 Dec 2024
Offer end
23 Dec 2024
Allotment
24 Dec 2024
Refund initiation
26 Dec 2024
Demat transfer
26 Dec 2024
Listing
27 Dec 2024
About Company
Established in April 1979, Mamata Machinery Limited specializes in manufacturing and exporting machines for producing plastic bags, pouches, packaging, and extrusion equipment, offering comprehensive solutions for the packaging industry. The company serves industries such as FMCG, Food, and Beverages, with a clientele that includes 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, N.N. Print & Pack Private Limited, Gits Food Products Private Limited, and Emirates National Factory for Plastic Ind LLC. As of May 31, 2024, Mamata Machinery has exported its machines to over 75 countries and operates international offices in Bradenton, Florida, and Montgomery, Illinois, along with sales agents in more than five countries across Europe, South Africa, and Asia. The company operates two manufacturing facilities—one in India and one in the USA—and employs 87 skilled engineers and experts specializing in electronics, mechanics, software, and design.
Year Founded
17-04-1979
Promotor Details
Mahendra Patel
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 98.18 | 62.45 |
| Share Capital | 24159496 | 15367570 |
Offer to Public
73,82,340.00 Cr
Project Details
- None - Nonecr
Objectives
- (i) to carry out the Offer for Sale of up to 7,382,340 Equity Shares by the Selling Shareholders
- (ii) achieve the benefits of listing the Equity Shares on the Stock Exchanges.
Highlights
- Mamata Machinery delivers end-to-end packaging solutions tailored to industry needs.
- The company operates in over 75 countries, demonstrating a strong and expanding international market reach.
- Backed by patents and a skilled team, the company focuses on cutting-edge technology and innovation.
- ISO-certified operations ensure consistent delivery of high-quality products and services.
- Dual manufacturing bases in India and the USA enable cost-efficient production and faster market responsiveness.
Challenges
- Heavy dependence on the top 10 customers creates a significant risk to financial stability in case of reduced business or customer loss.
- Exposure to currency fluctuations could adversely affect profitability, especially in international operations.
- Unstable raw material costs may shrink margins if price increases cannot be passed on to customers.
- Lack of traceable corporate records related to promoters may result in potential legal or regulatory challenges.
- Concentrated revenue streams from a few clients reduce resilience to market disruptions.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2023 | 2,226.07 | 29.72 | 225.05 | 225.05 | 8.4137 |
| 2022 | 2,096.70 | 29.72 | 361.25 | 361.25 | 14.6814 |
| 2024 | 2,327.89 | 27.34 | 361.25 | 361.25 | 14.6814 |
| 2021 | 1,732.26 | 29.72 | 361.25 | 361.25 | 14.6814 |
