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Mamata Machinery IPO Review

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Mamata Machinery IPO Review 

Mamata Machinery Limited is coming up with an IPO, offering to sell 73,82,340 shares worth INR 179.39 crores. The company aims to enhance visibility and brand image, provide liquidity, and create a public market. 

Mamata Machinery IPO – Important Dates 

Mamata Machinery Limited IPO DateDecember 19, 2024 to December 23, 2024
Mamata Machinery Limited IPO Listing DateDecember 27, 2024
Mamata Machinery Limited IPO PriceINR 230-243 per share
Mamata Machinery Limited IPO Lot Size61 Shares
Mamata Machinery Limited IPO Total Issue SizeINR 179.39 crores
Mamata Machinery Limited IPO Basis of AllotmentDecember 24, 2024
Mamata Machinery Limited IPO Initiation of RefundsDecember 26, 2024
Mamata Machinery Limited IPO Credit of Shares to DematDecember 26, 2024
Mamata Machinery Limited IPO Issue TypeBook Built Issue IPO
Mamata Machinery Limited IPO Listing AtBSE NSE 

Read more about Mamata Machinery Limited IPO GMP

Mamata Machinery Limited IPO – Company Profile 

Mamata Machinery Limited manufactures and exports plastic bags, pouch-making packaging, and extrusion machines. It offers end-to-end solutions for the FMCG, food, beverage, and e-commerce industries and provides after-sales service and continuous innovation. 

The company provides a comprehensive range of flexible packaging machines, including pouch makers, packaging machines (HFFS, VFFS, PFS), and co-extrusion blown film machines, selling globally under the “Vega” and “Win” brands. 

The company operates two manufacturing facilities in India (Gujarat) and the USA, producing multilayer blown film plants. The Gujarat facility is ISO 9001:2015 certified for quality. Additionally, it has an in-house training centre to develop a skilled workforce. 

Mamata Machinery Ltd IPO Fundamental Analysis 

Mamata Machinery Limited’s financial analysis reveals a mixed performance. Revenue shows a modest increase, while equity growth and reduced debt indicate stability. However, declining profitability, EPS, and inventory turnover raise concerns about efficiency and financial performance. 

  • Revenue Trend: The revenue increased from ₹1,922.47 millions in March 2022 to ₹2,008.65 millions in March 2023. The revenue for the current year’s 3-month period ending June 2024 is INR 276.20 million. 
  • Equity and Liabilities: Equity has shown a consistent increase over the periods, reflecting potential growth and expansion. However, the debt-equity ratio has decreased, indicating reduced reliance on debt financing. 
  • Profitability: The profit after tax (PAT) has significantly decreased from ₹216.97 million in March 2022 to ₹2.18 million by September 2024. This decline in profitability could be a source of concern among investors. 
  • Earnings per Share (EPS): The diluted EPS has reduced from ₹8.11 in March 2022 to ₹0.09 by September 2024, reflecting lower earnings per share for investors. 
  • Return on Net Worth (RoNW): The RoNW has risen from 20.95% to 0.16%, indicating an increase in the company’s ability to generate returns on shareholder equity. 
  • Financial Position: Total assets have increased, suggesting potential business growth. However, the current ratio has increased, indicating strengthening liquidity and potential challenges in meeting short-term obligations. 
  • Inventory Turnover Ratio: There’s a significant decrease in the Inventory Turnover   Ratio, which might suggest slower sales or inefficient inventory management. 

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Mamata Machinery IPO Financial Analysis 

ParticularAs of 31 March 2022As of 31 March 2023As of 30 June 2024
Revenue (₹ in millions)1,922.472,008.65276.20
Equity (₹ in millions)1,040.561,278.761,333.22
Expenses (₹ in millions)1,670.301,816.08288.70
Profit and Loss After Tax (₹ in millions)216.97225.052.18
Diluted EPS only (₹)8.118.410.09
Return on Net Worth (%)20.9517.670.16
NAV per Equity Share (₹)38.7147.6253.98
Total Assets (in millions)2,163.292,284.682,408.48
Total Liabilities (in millions)1,122.731,005.921,075.26
Debt-Equity Ratio0.200.150.03
Current Ratio (in times)0.991.031.28
Inventory Turnover Ratio1.251.290.10

Mamata Machinery Limited IPO Peer Comparison 

Mamata Machinery Limited, Rajoo Engineers Limited, Windsor Machines Limited, and Kabra Extrusion Technik Limited show varying levels of consolidated performance. While some companies exhibit positive growth, others face challenges in profitability and returns. 

CompanyType of financialTotal Income (₹ in millions)Face Value per Equity Share (₹)P/E RatioEPS (Basic) (₹)EPS (Diluted) (₹)RoNW (%)Net AssetValue (₹) 
Mamata Machinery Limited Consolidated2,413.081014.6514.6527.3953.59
Rajoo Engineers Limited Consolidated2,012.86157.163.413.4116.5920.59
Windsor Machines Limited Consolidated3,569.182(1.19)(1.19)(2.89)41.07
Kabra Extrusion Technik Limited Consolidated6,146.55530.649.809.677.48134.52

Mamata Machinery Ltd IPO Objective 

The main objective of Mamata Machinery Limited is to enhance visibility and brand image, provide liquidity, and create a public market. 

Mamata Machinery IPO Risks And Challenges 

Mamata Machinery Limited’s risk includes reliance on third-party suppliers, material cost fluctuations, and supply chain disruptions. Economic conditions, competition, and technological changes in the FMCG and packaging industries may impact demand, margins, and financial performance. 

  • The company relies on third-party suppliers for critical components, facing material cost fluctuations and potential supply chain disruptions. While maintaining inventory, shortages may delay manufacturing, impacting operations, financial results, and customer satisfaction. 
  • The company’s revenue relies on the FMCG, Food and beverage, and Consumer industries, mainly machinery for plastic bag and pouch making. Economic conditions and industry trends influence demand, impacting financial performance and operations. 
  • The company faces intense competition from industry players in flexible packaging machinery. Technological changes, price erosion, and cost-cutting pressures affect margins. The inability to maintain competitiveness could materially impact business performance and prospects. 

Mamata Machinery Ltd IPO – Industry & Market Potential 

Flexible packaging, using materials like foil, plastic, and paper, is a rapidly growing sector driven by innovation, sustainability, and demand for cost-effective, customisable solutions. The Indian market, valued at USD 49 billion in 2023, is expected to grow 12.6% CAGR by 2027. 

The global packaging machinery market, valued at USD 46.8 billion in 2022, is projected to grow to USD 60.8 billion by 2028, driven by demand in food & beverages, pharmaceuticals, personal care, and e-commerce, with a 4.5% CAGR. 

The Indian pharmaceutical industry grew 8% CAGR from FY 2015-21, with exports reaching USD 25.39 billion in FY 2023. Projected to reach USD 130 billion by 2030, this growth boosts demand for flexible packaging. 

Mamata Machinery Limited IPO – Type of Offer 

Mamata Machinery Limited proposes an offer to sell 73,82,340 existing shares worth INR 179.39 crores, aiming to enhance visibility and brand image, provide liquidity, and create a public market. 

  1. Offer for sale: Mamata Machinery Limited is offering to sell 73,82,340 existing shares worth INR 179.39 crores. The following are the details of the existing shareholders, who are also the promoters selling the shares:
Name of the promoter selling shareholderNo. of shares offered
Mahendra Patel534,483
Nayana Patel1,967,931
Bhagvati Patel1,227,042
Mamata GroupCorporate Services LLP 2,129,814
Mamata ManagementServices LLP1,523,070

Mamata Machinery IPO Offer Size 

The offer size of Mamata Machinery Limited is INR 179.39 crores, consisting of an offer to sell 73,82,340 shares worth INR 179.39 crores. The company aims to enhance visibility and brand image, provide liquidity, and create a public market. 

Mamata Machinery Limited IPO Allotment Structure 

Mamata Machinery Limited’s allocation will be as follows: 50% for Qualified Institutional Buyers (QIB), 15% for Non-Institutional Investors (NII), and 35% for Retail Individual Investors (RII) according to SEBI regulations. 

Qualified Institutional Buyers (QIB): As per SEBI regulations, 50% of the shares offered through the IPO will be reserved for Qualified Institutional Buyers. These include entities such as banks, mutual funds, and insurance companies.

Non-Institutional Investors (NII): 15% of the shares will be reserved for Non-Institutional Investors. These typically include corporate bodies or individuals investing more than Rs.2 lakhs.

Retail Individual Investors (RII): The remaining 35% of the shares will be allotted to Retail Individual Investors. These individual investors apply for shares with a total value of less than Rs.2 lakhs. 

How to apply for Mamata Machinery IPO?

To apply for the Mamata Machinery Limited IPO through Alice Blue, follow these steps:

Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.

  1. Check for IPO Details: Once your account is active, you can check for the Mamata Machinery Limited IPO details in the IPO section of the Alice Blue platform.
  2. Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
  3. Submit the Application: Confirm all your details and submit your application.

 You can apply for the Mamata Machinery Limited IPO at Alice Blue in just a few clicks!

Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.

Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.

How do you check Mamata Machinery IPO Allotment Status?

Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:

  1. Log in to your Alice Blue Account: You can do this through the Alice Blue website or the trading app.
  2. Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
  3. Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
  4. Select the Mamata Machinery Limited IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the Mamata Machinery Limited IPO.
  5. Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.

 If you face any issues, we request you to reach out to our customer support team at Alice Blue for detailed assistance. 

 Apart from Alice Blue, there are other ways to check the allotment status of the Mamata Machinery Limited IPO:

Registrar’s Website: Visit the website of Link Intime India Private Limited, the registrar of the Mamata Machinery Limited IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.

BSE NSE: You can also check the allotment status on the official websites of the Bombay Stock Exchange (BSE) National Stock Exchange (NSE). You would need your application number and PAN to check the status. 

Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.

Mamata Machinery Ltd IPO Offer Registrar

The registrar for the Mamata Machinery Limited IPO is Link Intime India Private Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.

Contact information for the registrar: 

Link Intime India Private Limited

C-101, 1st Floor, 247 Park, L.B.S. Marg

Vikhroli (West), Mumbai 400 083, Maharashtra

Telephone: +91 22 4918 6200

E-mail: [email protected]

Website: www.linkintime.co.in 

Mamata Machinery IPO – FAQs 

1. What is the allotment date of the Mamata Machinery IPO? 

The allotment date of the Mamata Machinery is December 24, 2024. 

2. What is the price band of the Mamata Machinery IPO? 

The price band of the issue is INR 230-243 per share. 

3. What is the size of the Mamata Machinery IPO? 

The offer size of Mamata Machinery Limited is INR 179.39 crores, consisting of an offer to sell 73,82,340 shares worth INR 179.39 crores. The company aims to enhance visibility and brand image, provide liquidity, and create a public market. 

4. What is the listing date of the Mamata Machinery IPO?

The listing date of the Mamata Machinery is December 27, 2024. 

5. Where is the Mamata Machinery IPO Getting Listed?

Mamata Machinery is getting listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). 

6. What are the open and close dates of the Mamata Machinery Limited IPO?

The open and close dates of the Mamata Machinery Limited are December 19, 2024 and December 23, 2024. 

7. How to apply for Mamata Machinery Ltd IPO in Alice Blue?

To apply for the Mamata Machinery Limited IPO through Alice Blue, open a Demat and trading account, check IPO details, place your bid within the price band, submit the application, and later check the allotment status. Allotment depends on demand. 

8. Who is the Book Runner for the Mamata Machinery IPO?

The Book Runner for the Mamata Machinery is Beeline Capital Advisors Private Limited. 

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