Mamata Machinery Limited (MAINBOARD)

Dec 19, 2024 - Dec 23, 2024

Premium	₹260
Price	₹230 - ₹243
Lot size	61
Allotment	Dec 25, 2024
Listing	Dec 27, 2024

Category	Lot(s)	Qty	Amount	Reserved
Retail	1	61	14823	42157
sHNI	14	854	207522	430
bHNI	68	4148	1007964	860

Last updated on 23-Dec-2024 18:05:08

Category	Offered	Applied	Times
QIBs	1469557	346643968	235.88
HNIs	1102101	302393470	274.38
HNIs 10+	734734	163630731	222.71
HNIs 2+	367367	138762739	377.72
Retail	2571569	355080085	138.08
Employees	35000	5364279	153.27
Total	5178227	1009481802	194.95

Application-Wise Breakup (Approx. no. of Apps)
Category	Reserved	Applied	Times
HNIs (10L+)	860	37015	43.04
HNIs (2-10L)	430	153626	357.27
Retail	42157	4622062	109.64
Employee	-	66924	-

Subscription Demand (in ₹ crore)
Category	Offered	Demand	Times
QIBs	35.71	8423.45	235.88
FIIs	-	1381.72	-
DIIs	-	3706.11	-
Mutual funds	-	60.87	-
Others	-	3274.75	-
HNIs	26.78	7348.16	274.38
HNIs 10+	17.85	3976.23	222.71
HNIs 2+	8.93	3371.93	377.72
Retail	62.49	8628.45	138.08
Employees	0.85	130.35	153.27
Total	125.83	24530.41	194.95

QIB Interest Cost per share (7 Days)
@7% ₹76.9	@8% ₹87.9	@9% ₹98.9	@10% ₹109.9	@11% ₹120.9	@12% ₹131.9

About

Mamata Machinery IPO Details

Issue Size	7,382,340 shares (aggregating up to ₹179.39 Cr)
Offer for Sale	7,382,340 shares of ₹10 (aggregating up to ₹179.39 Cr)
Issue Type	Book Built Issue IPO
Listing At	BSE, NSE

Mamata Machinery IPO Reservation

Investor Category	Shares Offered
QIB Shares Offered	Not more than 50% of the Net Issue
Retail Shares Offered	Not less than 35% of the Net Issue
NII (HNI) Shares Offered	Not more than 15% of the Net Isssue

Key Performance Indicator

KPI	Jun-24	Mar-24	Mar-23
ROE	0.16%	27.76%	19.41%
ROCE	0.78%	31.29%	15.71%
RONW	0.16%	27.39%	17.67%
D/E	0.03	0.09	0.15
P/E Pre IPO		16.59

Company Financials

Mamata Machinery Limited Financial Information (Restated) In Crores.

Period	Jun-24	Mar-24	Mar-23	Mar-22
Assets	241	237	228	216
Revenue	29	241	210	197
Profit	36	36	23	22
Net Worth	133	132	127	104
Borrowing	4	12	19	21

About Company

Incorporated in April 1979, Mamata Machinery Limited is a global provider of manufacturing solutions for the packaging industry, specializing in machines for making plastic bags, pouches, packaging, and extrusion equipment. Serving FMCG, food, and beverage industries, its clients include prominent companies like Balaji Wafers, Chitale Foods, and Emirates National Factory for Plastic Ind LLC. With exports to over 75 countries and offices in the USA, along with sales agents in Europe, South Africa, and Asia, the company demonstrates a strong international presence. Operating two manufacturing facilities in India and the USA, it employs 87 skilled engineers and experts in electronics, mechanics, software, and design.

Lead Manager(s)

Beeline Capital Advisors Pvt Ltd

Strength

Global Exporter: Extensive experience in exporting bag and pouch-making machinery and packaging equipment to over 75 countries.

Custom Solutions: Advanced manufacturing tools and expertise in material science enable tailored systems for diverse customer requirements.

Wide Network: Strong global sales and distribution network with offices in the USA and agents across Europe, South Africa, and Asia.

Weakness

Material Risks: Price fluctuations, shortages, or delays in primary materials could disrupt operations, increase costs, and impact financial performance.

Industry Dependence: Reliance on FMCG, Food & Beverage, and Consumer industries makes the business vulnerable to slowdowns or adverse market conditions.

Inventory Management: High inventory levels (880 days as of June 30, 2024) pose risks of increased operating costs or unfulfilled customer orders, potentially affecting business outcomes.

Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: mamatamachinery.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html