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Mamata Machinery IPO
Price Band
₹230.0–243.0
Issue Size
₹179.35 Cr
Lot Size
61 shares
Min Investment
₹14,823
GMP
+₹260.0 (107.0%)
Issue Price
₹243.0
Subject to Sauda
₹12100
Paid only if allotted
Mamata Machinery IPO AI Summary
- Mamata Machinery IPO is listed on BSE, NSE in the Industrial Products sector.
- Price band: ₹230.0–₹243.0 per share, lot size 61 shares (min. investment ₹14,823).
- Subscription window: 19 Dec–23 Dec 2024, listing on 27 Dec 2024.
- Current GMP is +₹260.0 (107.0%), an estimated listing price of ₹503 — unofficial and can change daily.
Mamata Machinery Limited is poised to enter the market with a strong history in manufacturing and exporting packaging machinery. While the company has notable strengths, recent financial performance raises questions about its short-term outlook.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Mamata Machinery IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 23 Dec 2024 — not a current signal.
4 of 4 reviewers say Positive
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Mamata Machinery IPO Grey Market Premium (GMP) Today
GMP
+₹260.0
GMP %
+107.0%
Est. Listing
₹503.0
Updated: 25 Jul 2026 14:02
About the Company
Incorporated in April 1979, Mamata Machinery Limited manufactures and exports machines for making plastic bags, pouches, packaging, and extrusion equipment. The company provides manufacturing solutions for the packaging industry. The company caters to FMCG, Food, & Beverage industries. The company's customers include 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 and N. N. Print & Pack Private Limited and Gits Food Products Private Limited and Emirates National Factory for Plastic Ind LLC. As of May 31, 2024, the company has exported machines to over 75 countries. The company has international offices in Bradenton, Florida, and Montgomery, Illinois, as well as sales agents in over five countries across Europe, South Africa, and Asia.. The company has two machine manufacturing facilities, one in India and one in the USA. As of May 31, 2024, the company employs 87 skilled engineers and application experts in electronics, mechanics, software, and design. Competitive Strength A major exporter of machinery and equipment for bag and pouch making, packaging, and co-extrusion blown film machinery and attachments. Advanced manufacturing tools and material knowledge to customize systems and products based on customers' needs. Customer-centric operations, with an extensive global sales and distribution network. Experienced Management Team
Company Financials (₹ Cr)
As of 2024-06-30
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 240.85 | 237.49 | 228.47 | 216.33 |
| Total Income | 29.19 | 241.31 | 210.13 | 196.57 |
| Profit After Tax | 0.22 | 36.13 | 22.51 | 21.70 |
| NET Worth | 132.82 | 131.88 | 127.38 | 103.56 |
| Total Borrowing | 4.34 | 11.60 | 18.63 | 20.86 |
Key Ratios
EPS
₹15.88
NAV
₹53.98
ROE
27.76%
ROCE
31.29%
RoNW
27.39%
P/B Value
4.50
P/E Ratio
15.3
Market Cap
₹552.82 Cr
PAT Margin
15.27%
Debt/Equity
0.09
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Kabra Extrusiontechnik Ltd. | 134.52 | 7.48% | 30.64 | 9.8 | 9.67 |
| Windsor Machines Ltd. | 41.07 | -2.89% | — | -1.19 | -1.19 |
| Rajoo Engineers Ltd. | 20.59 | 16.59% | 57.16 | 3.41 | 3.41 |
| Mamata Machinery Limited This IPO | 53.59 | 27.39% | — | 14.65 | 14.65 |
Promoters
Mahendra Patel, Chandrakant Patel, Nayana Patel, Bhagvati Patel, Mamata Group Corporate Services LLP and Mamata Management Services LLP
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 The company will not receive any proceeds from the Offer (the “Offer Proceeds”) and all the Offer Proceeds will be received by the Selling Shareholders
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹196.57 Cr in the year ending 31 Mar 2022, rising to ₹210.13 Cr by 31 Mar 2023, and further increasing to ₹241.31 Cr by 31 Mar 2024. However, as of 30 Jun 2024, total income has significantly decreased to ₹29.19 Cr, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit after tax was ₹21.70 Cr in the year ending 31 Mar 2022, increasing to ₹22.51 Cr by 31 Mar 2023, and then rising to ₹36.13 Cr by 31 Mar 2024. As of 30 Jun 2024, profit after tax has dropped to ₹0.22 Cr, though this is a 9-month figure, not a full year, so isn't directly comparable.
Valuation
Mamata Machinery Limited has an implied P/E ratio of 15.3 at the issue price, compared to peers like Kabra Extrusiontechnik Ltd. with a P/E of 30.64 and Rajoo Engineers Ltd. with a P/E of 57.16.
Grey Market Premium, Explained
The grey market refers to the unofficial trading of shares before they are listed on the stock exchange. The Grey Market Premium (GMP) indicates the expected listing price of an IPO based on demand and supply dynamics in this unofficial market.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy, considering factors such as market conditions and the company's growth potential.
Who May Want to Wait
Investors who are risk-averse or prefer stable, established companies may want to avoid this IPO, especially given the recent fluctuations in financial performance.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when shares are listed at a higher price than the issue price. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and the company's performance post-listing.
This evaluation is generated from Mamata Machinery's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Mamata Machinery IPO GMP today?
Mamata Machinery IPO GMP today is +₹260.0 (107.0%), indicating an estimated listing price of ₹503. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Mamata Machinery IPO?
The price band of Mamata Machinery IPO is ₹230.0–₹243.0 per share.
When does Mamata Machinery IPO open and close?
Mamata Machinery IPO opens on 19 December 2024 and closes on 23 December 2024.
When does Mamata Machinery IPO list on the stock exchange?
Mamata Machinery IPO listed on 27 December 2024 at ₹503.0.
What is the lot size for Mamata Machinery IPO?
The lot size for Mamata Machinery IPO is 61 shares, requiring a minimum investment of ₹14,823.
What is the price band for the IPO?
The price band for the IPO is ₹230.0 to ₹243.0.
What is the minimum investment required?
The minimum investment required is ₹14,823.0.
What is the lot size for the IPO?
The lot size for the IPO is 61 shares.
When does the IPO open and close?
The IPO opens on December 19, 2024, and closes on December 23, 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of an IPO based on unofficial trading.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
19 Dec 2024
Close
23 Dec 2024
Allotment
24 Dec 2024
Listing
27 Dec 2024
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