Mamata Machinery Limited IPO has no Grey Market Premium as of December 13, 2024, with a price range of ₹230 to ₹243 per share. Offering lots of 61 shares, the subscription window is open from December 19 to December 23, 2024.
Mamata Machinery Limited IPO GMP Today
The Grey Market Premium (GMP) for Mamata Machinery Limited is ₹0 as of December 13, 2024. This assessment coincides with a price of ₹230 to ₹243 per share for the IPO.
Mamata Machinery Limited IPO Review
As of June 30, 2024, the company reported total assets of ₹240.85 crores, driven by a revenue of ₹29.19 crores. Despite modest revenue, the profit after tax stands at just ₹0.22 crores, reflecting tight operational margins.
The company’s net worth is recorded at ₹132.82 crores, with minimal total borrowings of ₹4.34 crores, indicating a strong equity base relative to debt. This financial structure suggests a conservative approach to leverage and a focus on sustainable growth.
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Mamata Machinery Limited IPO Date
Mamata Machinery Limited will start accepting subscriptions from December 19 to December 23, 2024.
Mamata Machinery Limited IPO Price
Mamata Machinery Limited’s price range is at ₹230 to ₹243 per share with a face value of ₹10 each.
Mamata Machinery Limited
Mamata Machinery Limited, established in 1979, manufactures and exports machines for producing plastic bags and packaging. The company operates globally, serving industries such as FMCG, food, and beverages. It boasts facilities in India and the USA, serving clients like Balaji Wafers and Gits Food Products, and has a commercial presence in over 75 countries.
How To Apply For Mamata Machinery Limited IPO?
To apply for the Mamata Machinery Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Mamata Machinery Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Mamata Machinery Limited IPO at Alice Blue in just a few clicks!
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.