Aliceblue ANTInstall and trade smarter everywhere
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Mamata Machinery Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹243
Per ShareLot Size
61 Shares
Minimum Investment
₹14,823
Issue Size
₹179.39 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
92.45%
Promoter Holding (Post-Issue)
62.45%
Issue Type
Book Building
ISIN
INE0TO701015
Mamata Machinery Limited manufactures and exports plastic bags and pouch making machines, packaging machines and extrusion equipment. The company provides end-to-end manufacturing solutions for the packaging industry. Products manufactured using its machines are used across several industries as packaging applications, such as the packing of food and FMCG products. We primarily sell its packaging machinery to direct consumer brands catering to the FMCG, Food, & Beverage Industry and bag and pouch making machines to convertors and service providers who, in turn, mainly catering the FMCG and consumer industry. Its machineries are also utilised in non-packaging applications, such as e-commerce bags and garment packaging bags. The company consistently endeavour to expand its product offerings and solutions to its customers. The Company also provides after-sales service to its customers. As part of its focus on innovation, the company has launched new and advanced machines from time to time.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 7,382,340* equity shares of face value of Rs. 10 each ("Equity Shares") of Mamata Machinery Limited (the "Company" or the "Issuer") for cash at a price of Rs. 243.00 per equity share ("Offer Price") aggregating to Rs. 179.35^ crores (the "Offer") comprising an offer for sale of 534,483* equity shares aggregating to Rs. 12.99^ crores by Mahendra Patel, 1,967,931* equity shares aggregating to Rs. 47.81^ crores by Nayana Patel, 1,227,042* equity shares aggregating to Rs. 29.81^ crores by Bhagvati Patel, 2,129,814* equity shares aggregating to Rs. 51.74^ crores by Mamata Group Corporate Services llp and 1,523,070* equity shares aggregating to Rs. 37.00^ crores by Mamata Management Services llp ("Selling Shareholders") (the "Offer for Sale"). The offer includes a reservation of 35,000* equity shares aggregating to Rs. 0.81^ crores (constituting 0.14% of the post offer paid-up equity share capital), for subscription by eligible employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 30.00%* and 29.86%*, respectively, of the post-offer paid-up equity share capital of the company. The company in consultation with the book running lead manager, offered a discount of Rs. 12.00 per equity share to the offer price to eligible employees bidding under the employee reservation portion ("Employee Discount"). The face value of the equity share is Rs. 10.00 each and the offer price is 24.30 times the face value of the equity shares. *Subject to finalisation of basis of allotment. ^Employee discount of Rs. 12.00 per equity share was offered to eligible employees bidding in the employee reservation portion.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
The global economy is expected to report a moderate further to 3% GDP growth in CY 2023 and 2.9% in CY 2024. Meanwhile, GDP growth in Emerging and Developing Asia (India, China, Indonesia, Malaysia etc.) is expected to increase from 4.4% in CY 2022 to 5.3% in CY 2023. According to the Economic Survey 2022-23, India ranks as the world's third-largest economy in PPP terms and the fifth largest in terms of GDP. The substantial economic size has created fresh business prospects globally, particularly in the packaging industry. Currently, Indian packaging sector is dominated by rigid packaging segment. However, the penetration of flexible packaging materials is increasing steadily. As per industry sources, the market size of global packaging machinery market was estimated to value at USD 46.8 Bn in 2022 which is slated to grow to USD 60.8 Bn by 2028, witnessing 4.5% CAGR increase between 2022-28. The export of packaging machinery has displayed a remarkable trajectory over the given years. In FY 2019, the export value stood at INR 13.9 billion, and by FY 2023, it reached an impressive INR 23.8 billion. The CAGR over this period stands at a remarkable 14%, indicative of sustained and substantial growth. The flexibility in transportation and storage along with superior barrier properties is helping in the growth of flexible packaging materials. With demand for products like packaged food and personal care products increasing, usage of flexible packaging materials - which is the preferred packaging material in food & beverage industry - would increase.
Mamata Machinery Limited was incorporated as `Patel Machinery Private Limited', as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated April 17, 1979 issued by the Registrar of Companies, Gujarat at Ahmedabad ("RoC"). Pursuant to a special resolution passed by the shareholders of the Company dated September 19, 1988, the name of the Company was changed to `Mamata Machinery Private Limited', and the Company received a fresh certificate of incorporation dated December 16, 1988 issued by the RoC. Subsequently, the Company was converted into a public limited company, pursuant to a special resolution passed by the shareholders of the Company dated June 5, 2024 and the name of the Company was changed to `Mamata Machinery Limited' and a fresh certificate of incorporation dated June 21, 2024, was issued by the RoC.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.