The allotment of Mamata Machinery IPO shares is expected to be finalized today, Tuesday, December 24, 2024. The public issue, which closed for subscription on December 23, received overwhelming interest from investors, with an oversubscription of nearly 195 times.
How to check Mamata Machinery IPO allotment status:
Investors can check the allotment status through the official websites of BSE, NSE, or the registrar, Link Intime India Private Limited. Use the following direct links:
- BSE: Mamata Machinery IPO allotment status on BSE
- NSE: Mamata Machinery IPO allotment status on NSE
- Link Intime: Mamata Machinery IPO allotment status on Link Intime
Final subscription details:
The Rs 179 crore IPO, priced at a band of Rs 230-243 per share with a lot size of 61 shares, saw exceptional demand across all investor categories:
- Non-Institutional Investors (NIIs): Subscribed 274.38 times.
- Qualified Institutional Buyers (QIBs): Subscribed 235.88 times.
- Retail Individual Investors (RIIs): Subscribed 138.08 times.
- Employee Reserved Quota: Subscribed 153.27 times.
A total of 1,00,94,81,802 bids were received for 51,78,227 shares on offer.
Mamata Machinery IPO Grey Market Premium (GMP):
The shares are currently trading at a GMP of Rs 260, indicating a 107% premium over the upper price band of Rs 243. This suggests a potential listing price of approximately Rs 503, based on current trends. However, investors should note that GMP is an unofficial indicator and may not reliably predict the actual listing price.
Mamata Machinery IPO listing schedule:
The shares are expected to debut on the BSE and NSE on Friday, December 27, 2024. If current GMP trends persist, Mamata Machinery shares could list with a significant premium, offering a return of over 100% to investors.
About Mamata Machinery:
Founded in 1979, Mamata Machinery is a leading manufacturer and exporter of plastic bags, pouch-making machines, packaging machines, and extrusion equipment. Its machines are used across industries, particularly for packaging applications in FMCG and food products. The company provides end-to-end manufacturing solutions for the packaging industry.
Stay tuned for further updates on the allotment and listing day performance of Mamata Machinery IPO.
