About Mamata Machinery:
The company manufactures and exports plastic bags, pouch-making machines, packaging machines, and extrusion equipment, providing end-to-end solutions for the packaging industry. Its products are used for packaging food, FMCG products, and more. The company primarily sells machinery to FMCG, food, and beverage brands, as well as converters and service providers. Its equipment is also used for non-packaging applications, such as e-commerce and garment bags. The company focuses on innovation, regularly launching advanced machines and offering after-sales services to its customers.
About the Industry in which Mamata Machinery operates:
The global economy is expected to grow by 3% in CY 2023 and 2.9% in CY 2024, while GDP growth in Emerging and Developing Asia, including India, is projected to increase from 4.4% in CY 2022 to 5.3% in CY 2023. India ranks as the third-largest economy in PPP terms. The global packaging machinery market, valued at USD 46.8 billion in 2022, is expected to grow at a 4.5% CAGR to USD 60.8 billion by 2028, with increasing demand for flexible packaging.
| Important Information and Timelines of the IPO of Mamata Machinery: | |
|---|---|
| Open Date | 19 December 2024 |
| Close Date | 23 December 2024 |
| Total Issue Size – Number of Shares | 7382340 |
| Minimum Bid Price | 230 |
| Maximum Bid Price | 243 |
| Lot Size | 61 |
| Basis of Allotment | 24 December 2024 |
| Initiation of Refunds and Credit of Shares to Demat | 26 December 2024 |
| Listing Date | 27 December 2024 |
| Listing Exchange(s) | NSE and BSE |
Minimum and Maximum Lot Sizes for the IPO of Mamata Machinery:
| Category | Lots | Shares | Amount (in ₹) |
|---|---|---|---|
| Retail – Minimum | 1 | 61 | 14823 |
| Retail – Maximum | 13 | 793 | 192699 |
| sHNI – Minimum | 14 | 854 | 207522 |
| sHNI – Maximum | 67 | 4087 | 993141 |
| bHNI – Minimum | 68 | 4148 | 1007964 |
Objective of the IPO of Mamata Machinery:
The objectives of the offer are to
- conduct the Offer for Sale of up to 7,382,340 equity shares by the Selling Shareholders
- achieve the benefits of listing the equity shares on the Stock Exchanges.
The company will not receive any proceeds from the offer instead all proceeds will be directed to the Selling Shareholders.
Financials of Mamata Machinery:
| Particulars | As at and for the three month period ended June 30, 2024 | As at and for the Fiscal ended March 31, 2024 | As at and for the Fiscal ended March 31, 2023 | As at and for the Fiscal ended March 31, 2022 |
|---|---|---|---|---|
| Equity Share Capital | 246.08 | 27.34 | 29.72 | 29.72 |
| Total Equity | 1,333.22 | 1,323.82 | 1,278.76 | 1,040.56 |
| Total Borrowings | 43.44 | 115.96 | 186.34 | 208.61 |
| Total Income | 291.93 | 2,413.08 | 2,101.29 | 1,965.68 |
| Revenue from Operations | 276.20 | 2,366.11 | 2,008.65 | 1,922.47 |
| PAT (after exceptional items) | 2.18 | 361.25 | 225.05 | 216.97 |
| PAT Margin (after exceptional items) | 0.79 | 15.27 | 11.20 | 11.29 |
| Earnings per share (basic) (after exceptional items) | 0.09 | 14.65 | 8.41 | 8.11 |
| Earnings per share (diluted) (after exceptional items) | 0.09 | 14.65 | 8.41 | 8.11 |
| Net Worth | 1,328.22 | 1,318.82 | 1,273.76 | 1,035.56 |
| Return on Net Worth (after exceptional item) | 0.16 | 27.39 | 17.67 | 20.95 |
| Adjusted NAV per equity share | 53.98 | 53.59 | 47.62 | 38.71 |
For more details on the IPO, refer to the DRHP here.
Did you know that you can now Pre-Apply for an IPO on Dhan? You can place your IPO Bid on Dhan and the order will be pushed to the Exchange as soon as the Bidding starts for Mamata Machinery. You will receive a UPI mandate after 10:00 AM on 19 December 2024.
###1. How to apply for the IPO of Mamata Machinery on Dhan?
You can apply for the IPO of Mamata Machinery from either Dhan Mobile App or Web
On Dhan Mobile App you can find the IPO under the Money Section > IPO Tab
On Dhan Web you can find the IPO under Markets Tab > IPOs
###2. In case of successful allotment, when the IPO shares of Mamata Machinery be visible on Dhan?
The CDSL will intimate you regarding the credit of shares into your Demat account by 26 December 2024. However, you will be able to see the shares of Mamata Machinery on Dhan before the market starts on the listing date which is 27 December 2024.