Mamata Machinery IPO Allotment: Check Share Allocation Status and Updates Today
Mamta Machinery’s initial public offering (IPO) got off to a strong start on its first day and maintained momentum, with the issue being oversubscribed by a total of 194.95 times by the end of the last day. The company is set to finalize the basis for share allocation on December 24, 2024.
Mamta Machinery IPO: Issue Details
The ₹179.39 crore IPO of Mamta Machinery is a book-built issue entirely consisting of an offer-for-sale of 0.74 crore shares. The subscription period opened on December 19, 2024, and closed on December 23, 2024. The company is expected to finalize the share allotment basis on December 24, 2024. The tentative listing date for the company’s shares is set for December 27, 2024.
Mamta Machinery IPO: Subscription Details
The IPO received an overwhelming response from investors, with strong demand across all investor categories.
- The Qualified Institutional Buyers (QIBs) portion was subscribed 235.88 times, as bids were received for 34.66 crore shares against an offer of 14.69 lakh shares.
- The Non-Institutional Investors (NIIs) segment was subscribed 274.38 times, with bids for 30.23 crore shares against 11.02 lakh shares on offer.
- For Retail Investors, the company reserved 25.71 lakh shares, receiving bids for 35.50 crore shares, resulting in a subscription of 138.08 times.
- The portion reserved for company employees was subscribed 153.27 times, with bids for 53.64 lakh shares against an offer of 35,000 shares.
Mamta Machinery IPO: Price Band and Lot Size
The lot size for Mamta Machinery’s IPO was 61 shares. The price band was set between ₹230 and ₹243 per share. Investors needed to make a minimum investment of ₹14,823 to apply for the IPO. The minimum lot size for small and large non-institutional investors was set at 14 lots and 68 lots, respectively.
Mamta Machinery IPO Allotment Status
To check the allotment status of Mamta Machinery’s IPO, investors can visit the Bombay Stock Exchange (BSE) website. Alternatively, they can visit the official registrar’s website, Link Intime.
Steps to Check Allotment Status on BSE:
- Visit the BSE website.
- Under “Issue Type,” select Equity.
- Under “Issue Name,” choose Mamta Machinery.
- Enter your PAN or application number to check the allotment status.
Steps to Check Allotment Status on Link Intime:
- Visit the official registrar’s website.
- Select Mamta Machinery from the dropdown menu.
- Enter your PAN, application number, or DP Client ID details.
- Submit to view your allotment status.
About Mamta Machinery
Established in 1979, Mamta Machinery provides packaging production solutions to companies in the FMCG and food & beverage industries. The company manufactures and exports machines required for producing plastic bags, packages, and packing materials.
In the quarter ending June 30, 2024, the company recorded revenue of ₹29.19 crore, with a net profit of ₹22 lakh during the same period.