Mamta Machinery IPO Allotment Full Details: GMP Price, Listing Schedule

by

    Mamta Machinery IPO Allotment Full Details: GMP Price, Listing Schedule
    Contents hide
    1 Mamta Machinery IPO Allotment
    1.1 Mamata Machinery IPO final subscription status
    1.2 Mamata Machinery IPO grey market premium (GMP) Price today
    1.3 Mamata Machinery IPO listing price prediction
    1.4 Mamata Machinery Company Review


    Mamta Machinery IPO Allotment

    The allocation of shares for the Mamata Machinery IPO is expected to be determined today, Tuesday, December 24, 2024. The public offering concluded its subscription period on Monday, December 23, 2024, and attracted significant interest from investors, resulting in an oversubscription rate of nearly 200 times.


    Investors will be able to verify the status of their Mamata Machinery IPO share allotment once it has been finalized. This information can be accessed through the official websites of the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), or Link Intime India, which serves as the registrar for this issue. 

    Additionally, direct links are available for checking the Mamata Machinery IPO allotment status.

    To verify the allotment status of the Mamata Machinery IPO, please visit the BSE website.

    To verify the allotment status of the Mamata Machinery IPO, please visit the Link Intime India website.


    To verify the allotment status of the Mamata Machinery IPO, please visit the NSE website.

    Mamata Machinery IPO final subscription status

    The public offering of Mamata Machinery, valued at Rs 179 crore and priced within a range of Rs 230 to Rs 243 for a lot size of 61 shares, attracted significant interest, receiving bids for 1,00,94,81,802 shares compared to the 51,78,227 shares available. 


    This resulted in an impressive oversubscription rate of 194.95 times by the conclusion of the subscription period, according to data from the BSE.

    Mamata Machinery’s IPO experienced remarkable interest from Non-Institutional Investors (NIIs), who oversubscribed their designated quota by an impressive 274.38 times. 

    Following closely was the Qualified Institutional Buyers (QIBs), who submitted bids amounting to 235.88 times their allotted share. 

    Retail Individual Investors (RIIs) also showed significant participation, subscribing to 138.08 times their reserved portion. Additionally, the quota set aside for employees was oversubscribed by 153.27 times.

    Mamata Machinery IPO grey market premium (GMP) Price today

    The unlisted shares of Mamata Machinery were observed trading at Rs 503, indicating a grey market premium (GMP) of Rs 260, which represents a 107 percent increase over the upper limit of the IPO price range set at Rs 243, as reported by sources monitoring grey market trends.

    Mamata Machinery IPO listing price prediction

    Mamata Machinery’s shares are set to debut on the BSE and NSE on Friday, December 27, 2024. Should the prevailing trends in the grey market continue, it is anticipated that the shares will list at approximately Rs 503, which would represent a return of close to 107 percent above the upper limit of the issue price. 


    Nevertheless, it is important to note that these projections could fluctuate, as the grey market operates without regulation, and the Grey Market Premium (GMP) should not be viewed as a dependable measure of future performance.

    Mamata Machinery Company Review 

    Established in 1979, Mamata Machinery (MML) specializes in the production and export of machines for making plastic bags and pouches, as well as packaging and extrusion equipment. The company offers comprehensive manufacturing solutions tailored for the packaging sector. 


    The machinery produced by Mamata is utilized in various industries for packaging purposes, including the packaging of food items and fast-moving consumer goods (FMCG).




    Leave a Comment