Mamata Machinery IPO GMP Today: Mamata Machinery is a renowned name in the manufacturing and export of packaging machinery, focusing on plastic pouch sealing machines, packing equipment, and extrusion solutions. With a legacy spanning over four decades, the company has solidified its reputation as a trusted partner for industries like FMCG, food, and beverages. As Mamata Machinery enters the public market, its IPO has garnered significant attention, especially in the grey market.
This article delves deep into the Mamata Machinery IPO details, including its Grey Market Premium (GMP), expected returns, and important dates, providing a one-stop resource for potential investors.
Key Highlights of Mamata Machinery IPO
| IPO Open Date: | December 19, 2024 |
| IPO Close Date: | December 23, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹230 to ₹243 Per Share |
| Issue Size: | Approx ₹179.39 Crores |
| Offer for Sale: | Approx 73,82,340 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Employee Discount: | ₹12 Per Share |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Mamata Machinery IPO GMP Live Rates Today
The Grey Market Premium (GMP) serves as an indicator of investor sentiment before an IPO’s listing. For Mamata Machinery, the GMP trends reflect robust demand, showcasing potential for strong listing gains.
GMP Trends
| Date | IPO GMP | Kostak | Subject to Sauda |
|---|---|---|---|
| December 26 | ₹260 | ₹- | ₹13,000 |
| December 25 | ₹260 | ₹- | ₹13,000 |
| December 24 | ₹260 | ₹- | ₹13,000 |
| December 23 | ₹260 | ₹- | ₹11,600 |
| December 21 | ₹260 | ₹- | ₹12,100 |
| December 20 | ₹200 | ₹- | ₹9,000 |
| December 19 | ₹150 | ₹- | ₹6,000 |
| December 18 | ₹110 | ₹- | ₹5,000 |
| December 16 | ₹120 | ₹- | ₹3,500 |
| December 14 | ₹75 | ₹- | ₹3,500 |
Note: A positive GMP indicates high demand in the grey market, hinting at potential listing gains, whereas a negative GMP signals weaker investor interest.
About Mamata Machinery
Company Overview
Founded in 1979, Mamata Machinery has a global presence, exporting its packaging solutions to over 75 countries. Notably:
- Over 800 machines are operational across Africa.
- 100 machines operate in the USA, supported by two dedicated offices.
- Another 100 machines are actively used in India.
The company’s diverse portfolio and strategic global network underscore its robust operational capabilities and industry relevance.
Mamata Machinery IPO Important Dates
| Event | Date |
|---|---|
| IPO Open Date | December 19, 2024 |
| IPO Close Date | December 23, 2024 |
| Basis of Allotment | December 24, 2024 |
| Refunds | December 26, 2024 |
| Credit to Demat Account | December 26, 2024 |
| IPO Listing Date | December 27, 2024 |
These dates are critical for investors to track and ensure timely participation in the IPO process.
Factors Driving Investor Interest
1. Strong Global Footprint
Mamata Machinery’s widespread presence in international markets enhances its credibility and growth prospects.
2. High Grey Market Demand
The consistently rising GMP underscores strong investor confidence, signaling significant listing gains.
3. Industry Relevance
The company’s focus on packaging solutions aligns with the growing demand from FMCG and food sectors, providing a robust growth trajectory.
FAQs on Mamata Machinery IPO
What is Mamata Machinery IPO GMP Today?
As of December 25, 2024, the GMP is ₹260.
What is the Kostak Rate for Mamata Machinery IPO?
The Kostak Rate is currently unavailable (₹-).
What is the Subject to Sauda Rate?
The Subject to Sauda rate is ₹13,000 as of today.
What are the Expected Returns?
The expected returns for Mamata Machinery IPO stand at an impressive 107%.
How Should Investors Evaluate the IPO?
While the GMP is a positive indicator, investors should focus on the company’s fundamentals, industry positioning, and financial health before subscribing.
Disclaimer
The GMP figures mentioned are valid as of specific dates and may vary over time. Investors are advised to rely on comprehensive research and not base decisions solely on GMP trends. Always consider the company’s fundamentals and industry dynamics before investing.
By presenting valuable insights into the Mamata Machinery IPO, this article equips investors with the knowledge to make informed decisions. Stay updated for further developments as the IPO progresses!
