Everything you need to know about Mamata Machinery IPO

About

Mamata Machinery manufactures and exports plastic bag and pouch-making machines, packaging machines, and extrusion equipment, offering end-to-end solutions for the packaging industry. Its products are used across various sectors, including FMCG, food, and e-commerce packaging. Mamata Machinery serves clients like Balaji Wafers and Gits Food Products and provides after-sales service as well. Established in 1989, the company has expanded globally, with operations in over 75 countries, including the USA. It offers bags, pouches, and blown film machines, constantly innovating with patented designs. Mamata Machinery’s manufacturing facilities are in India and the USA, supporting a growing packaging industry.

Issue size

Funds Raised in the IPO Amount
Overall ₹179.39 crores
Offer for Sale ₹179.39 crores

Financials

Financial Year Ended March 2022 March 2023 March 2023 June 2024
Total Assets 216.33 228.47 237.49 240.85
Revenue 196.57 210.13 241.31 29.19
Profit/Loss After Tax 21.70 22.51 36.13 0.22

Strengths

  • Mamata Machinery provides complete packaging solutions.
  • The company operates in 75 countries, expanding its market reach.
  • Innovation-driven with patents and a dedicated team.
  • ISO certified, ensuring high-quality products.
  • Manufacturing in India and the USA supports cost-effective production and quick market response.

Risks

  • Heavy dependence on its top 10 customers poses a financial stability risk.
  • Exposure to foreign currency fluctuations could negatively impact profitability.
  • Volatile raw material prices may reduce margins if costs aren’t passed on to customers.
  • Untraceable corporate records related to promoters may lead to future legal or regulatory complications.

IPO schedule

Issue open date 2024-12-19
Issue close date 2024-12-23
UPI mandate deadline 2024-12-23 (5 PM)
Allotment finalization 2024-12-24
Refund initiation 2024-12-26
Share credit 2024-12-26
Listing date 2024-12-27
Mandate end date 2025-01-07
Lock-in end date for anchor investors (50%) 2025-01-23
Lock-in end date for anchor investors (remaining) 2025-03-24
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What is the portion size allocated for retail investors?

25,71,569 (34.83%) ~ Nearly 35%