Mamata Machinery’s public offering is set to make its debut on the Indian stock exchanges today, December 27, 2024, amid high anticipation and robust market enthusiasm. The IPO, which garnered a remarkable subscription rate of 194.95 times, has been a major attraction for investors.
Key Details:
- Issue Price and Expected Listing Premium: The IPO was priced at ₹243 per share. Based on the latest grey market premium (GMP), the shares are expected to list at ₹503, representing a staggering 107% premium.
- Allocation and Refund: The allotment of shares was finalized on December 24, with successful applicants receiving shares in their demat accounts on December 26. Refunds for unsuccessful applications were also processed on the same day.
- Subscription Response: Mamata Machinery’s IPO witnessed overwhelming demand, with institutional investors leading the charge, highlighting strong confidence in the company’s growth potential.
- Trading Details:
- The shares will be listed under the ‘T’ Group of Securities.
- Trading will begin during the Special Pre-open Session (SPOS) on both the BSE and NSE, starting at 10:00 AM IST.
How to Check Mamata Machinery IPO Allotment Status
Investors who applied for the Mamata Machinery IPO can check their allotment status through the Bombay Stock Exchange (BSE) or the IPO’s official registrar, Link Intime. Follow these steps to verify your allotment:
Check Mamata Machinery IPO Allotment Status on BSE
- Visit the BSE website.
- Under the ‘Issue Type’ dropdown, select Equity.
- From the ‘Issue Name’ dropdown, choose Mamata Machinery.
- Enter your PAN or Application Number in the respective field.
- Click on Search to view your allotment status.
Check Mamata Machinery IPO Allotment Status on Link Intime
- Visit the Link Intime website.
- Select Mamata Machinery from the dropdown menu.
- Enter your PAN, Application Number, or DP Client ID details.
- Submit the form to check your allotment status.
TOPICS:
Mamata Machinery IPO