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Mamata Machinery LIMITED IPO
Issue Size (Net)
up to Rs.179.39 Cr
Price Band
Rs.230 to Rs.243 per share
Issue Opens
December 19, 2024
Issue Closes
December 23, 2024

Company Highlights

1.Company Information

Mamata Machinery Limited ("the Company") is a leading manufacturer and exporter of machinery and equipment for the converting and packaging industry. The Company was incorporated as 'Patel Machinery Private Limited' on 17 April 1979, and later changed its name to Mamata Machinery Limited on 19 September 1988. The Company has a healthy track record of revenue growth and profitability, with revenue from operations growing from ₹ 1,922.47 million in Fiscal 2022 to ₹ 2,366.11 million in Fiscal 2024 at a CAGR of 10.94%.
Some qualitative factors which make the company attractive to investors include:

  • It is one of the leading exporters of machinery and equipment for converting machinery and packaging machinery.
  • The Company has long-standing relationships with its customers in India and international markets.
  • The Company has a strong and experienced management team with a proven track record.
  • The Company has a well-established manufacturing facility with a strong focus on quality and innovation.

Mamata Machinery Limited has a global presence, with over 4,500 machines installed in 75 countries as of September 30, 2024. It states that it manufactures machines based on orders received. Key clients of Mamata Machinery Limited include a mix of direct consumer brands and conversion players. Some prominent clients are Parle Products Private Limited, Balaji Wafers Private Limited, Patanjali Ayurved Limited, N. N. Print & Pack Private Limited, Gits Food Products Private Limited, Emirates, National Factory for Plastic Ind LLC In Fiscal 2024, the company emerged as the seventh-largest exporter of packaging machines from India, contributing to 3% of the market share of total packaging machinery exports. The sources provide a breakdown of export revenue based on regions. Notably, a significant portion of export revenue comes from the United States, contributing 19.20% of the total revenue from operations in Fiscal 2024. The provided data suggests that the United Arab Emirates is the largest importer of packaging machinery from India, accounting for 7.4% of total exports.

Strenghts :-
  1. Leading Exporter with Global Recognition: Mamata Machinery Limited is a dominant player in the export market, holding the position of the seventh-largest exporter of packaging machines from India in Fiscal 2024. This accomplishment, along with a 3% market share of total packaging machinery exports, speaks volumes about the company's strong global standing and competitiveness.
  2. Extensive Global Footprint & Client Base: With over 4,500 machines installed across 75 countries, the company demonstrates a remarkable global reach. Its client portfolio boasts prominent names, indicating the trust and confidence placed in Mamata's products by major industry players.
  3. Long-Standing Customer Relationships: Mamata Machinery Limited prioritises nurturing enduring relationships with its customers, both in India and internationally. This customer-centric approach fosters loyalty and repeat business, contributing to the company's sustained growth and stability.
  4. Advanced Manufacturing and Technology: The company possesses a robust manufacturing infrastructure that incorporates modern technology and automation across various verticals. The company's commitment to quality is evident in its adherence to ISO 9001:2015 standards. Furthermore, Mamata's investment in research and development ensures its machines remain at the forefront of technological advancements, catering to the evolving demands of the packaging industry.
  5. Experienced Management & Skilled Workforce: The company benefits from a seasoned management team with significant industry experience and a proven track record. This experienced leadership, combined with a skilled and dedicated workforce with an average tenure of over 12 years, forms a strong foundation for operational efficiency, strategic decision-making, and sustained growth.
2. Objects of the Issue (Mamata Machinery LIMITED IPO Objectives)

The Company will not receive any proceeds from the Offer (the " Offer Proceeds") and all the Offer Proceeds will be received by the Selling Shareholders post deduction of Offer-related expenses to be borne by the Selling Shareholders.

3. Mamata Machinery LIMITED IPO Registrar
Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: mamatamachinery.ipo@linkintime.co.in

Website: https://linkintime.co.in

Mamata Machinery LIMITED IPO Financial Information (Restated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Total Borrowing
30-Jun-24
240.85
29.19
0.22
132.82
4.34
31-Mar-24
237.49
241.31
36.13
131.88
11.60
31-Mar-23
228.47
210.13
22.51
127.38
18.63
31-Mar-22
216.33
196.57
21.7
103.56
20.86
Amount in Rs.Crore

Mamata Machinery LIMITED IPO Details

Issue Opening Date
December 19, 2024
Issue Closing Date
December 23, 2024
Face Value
Rs.10 per share
Price
Rs.230 to Rs.243 per share
Lot Size
61 Shares
Issue Size
7,382,340 shares (aggregating up to Rs.179.39 Cr)
Offer for Sale
7,382,340 shares of Rs.10 (aggregating up to Rs.179.39 Cr)
Employee Discount
Rs 12 per share
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE

Mamata Machinery LIMITED IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Thursday, December 19, 2024
Closing Date
Monday, December 23, 2024
Basis of Allotment
Tuesday, December 24, 2024
Initiation of Refunds
Thursday, December 26, 2024
Credit of Shares to Demat
Thursday, December 26, 2024
Listing Date
Friday, December 27, 2024
Cut-off time for UPI mandate confirmation
5 PM on December 23, 2024

Prospectus

Prospectus File

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