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Mamata Machinery IPO: Key Details, Dates, and Investment Insights

Mamata Machinery IPO

Mamata Machinery Launches IPO to Raise ₹179.39 Crores via OFS

Mamata Machinery, a leader in manufacturing and exporting plastic packaging machinery, is set to launch its Initial Public Offering (IPO). The IPO aims to raise ₹179.39 crores through an Offer for Sale (OFS) of 7,382,340 equity shares by existing shareholders. No new shares will be issued, and the proceeds will go directly to the selling shareholders, not the company.


Key IPO Details

Timeline

  • Opens: December 19, 2024
  • Closes: December 23, 2024
  • Allotment Finalization: December 24, 2024
  • Listing Date: December 27, 2024 (BSE & NSE)

Pricing

  • Price Band: ₹230 to ₹243 per share
  • Face Value: ₹10 per share
  • Employee Discount: ₹12 per share

Investor Quotas

  • Retail Investors: 35%
  • Qualified Institutional Buyers (QIB): 50%
  • Non-Institutional Investors (NII): 15%

Minimum Investment for Retail Investors

  • 1 Lot (61 Shares): ₹14,823
  • 13 Lots (793 Shares): ₹192,699

Financial Performance

Mamata Machinery has shown consistent growth:

  • Revenue: ₹192.25 crores (2022) → ₹200.87 crores (2023)
  • Profit: ₹21.70 crores (2022) → ₹22.51 crores (2023)
    For more details, refer to the company’s financial reports.

Valuation Metrics

  • Return on Equity (ROE): 19.41%
  • Return on Capital Employed (ROCE): 15.71%
  • Industry peers include Rajoo Engineers, Windsor Machines, and Kabra Extrusion Technik, where Mamata Machinery holds a competitive edge.

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