Mamata Machinery IPO Day 1 Live Updates: Issue subscribed 16.48x on first day. Should you apply amid high demand?

Mamata Machinery IPO Live: Issue was subscribed 16.48x on the first day of public bidding.

Mamata Machinery IPO Live: The public issue of Mamata Machinery was subscribed 16.48x on the first day. Investors subscribed for 8,53,22,530 shares, compared to 51,78,227 shares on offer.

The Retail investors subscribed 23.84x the shares on offer, followed by the Non-Institutional Investors (NIIs) at 18.87x. The Qualified Institutional Buyers (QIBs) subscribed 1.51x the shares available.

Mamata Machinery IPO Live: Issue subscribed 16.09x so far; all segments fully booked on the first day.

Mamata Machinery IPO Live: The public issue of Mamata Machinery has received 16.09x subscription on the first day of public bidding. All three segments of investors have subscribed to the IPO, coming in at a total of 8,32,96,110 shares, compared to the 51,78,227 shares on offer.

Mamata Machinery IPO Live: QIB portion is fully booked, currently at 1.51x over the shares offered

Mamata Machinery IPO Live: The Qualified Institutional Buyers (QIBs) portion of the public issue has been fully subscribed so far at 1.51 times the share available, as of 4:45 p.m. on the first day of public bidding.

Mamata Machinery IPO Live: Issue subscribed 14.08 times; Retail investors lead the bidding on the first day.

Mamata Machinery IPO Live: The public issue of Mamata Machinery has received 14.08 times the subscription compared to the shares available.

All three segments of investors in total have subscribed 7,28,87,436 shares, compared to the 51,78,227 shares on offer. The retail investors lead the bidding round on Day 1, coming in at 21.65x, followed by the Non Institutional Investors (NIIs) at 14.73x. The Qualified Institutional Buyers (QIBs) segment was subscribed 0.09 per cent of the shares available.

Mamata Machinery IPO Live: GMP at ₹200 so far, as of December 19.

Mamata Machinery IPO Live: As of December 19, the grey market premium (GMP) of the Mamata Machinery public issue stands at ₹200. With the upper price band at ₹243, the issue is expected to be listed at ₹443 per share, a premium of 82.3%, according to Investorgain.com.

Gey market premium (GMP) is the investors’ willingness to pay more for a public issue.

Mamata Machinery IPO Live: Issue booked 12 times so far; Retail portion booked over 19x

Mamata Machinery IPO Live: Mamata Machinery IPO has been subscribed 12.43 times so far. The public issue received bids for 6.43 crore equity shares as against 51.78 lakh shares on the offer, as per NSE data till 3:00 PM. The IPO has been subscribed 19.27 times in the retail category, and 12.69 times in the Non Institutional Investors (NII) category so far. The Employee portion is booked 22.54 times, while the Qualified Institutional Buyers’ (QIBs) segment is subscribed 1% so far.

Mamata Machinery IPO Live: A look at key details of Mamata Machinery IPO

Mamata Machinery IPO Live: A look at key details of Mamata Machinery IPO

Mamata Machinery IPO Live: Issue booked 10 times so far; Retail portion booked over 16x

Mamata Machinery IPO Live: Mamata Machinery IPO has been subscribed 10.81 times so far. The public issue received bids for 5.59 crore equity shares as against 51.78 lakh shares on the offer, as per NSE data till 2:15 PM. The IPO has been subscribed 16.89 times in the retail category, and 10.74 times in the Non Institutional Investors (NII) category so far. The Employee portion is booked 20.37 times, while the Qualified Institutional Buyers’ (QIBs) segment is subscribed 1% so far.

Mamata Machinery IPO Live: Mamata Machinery shares show bullish trend in grey market

Mamata Machinery IPO Live: Mamata Machinery shares are showing a bullish trend in the unlisted market with a stellar grey market premium (GMP). On the first day of the bidding period, Mamata Machinery IPO GMP today is ₹201 per share, according to stock market observers. This indicates that Mamata Machinery shares are trading at ₹444 apiece in the grey market, a premium of 83% to the IPO price of ₹243 per share.

Mamata Machinery IPO Live: Issue booked 9 times so far; Retail portion booked over 14x

Mamata Machinery IPO Live: Mamata Machinery IPO has been subscribed 9.12 times so far. The public issue received bids for 4.72 crore equity shares as against 51.78 lakh shares on the offer, as per NSE data till 1:30 PM. The IPO has been subscribed 14.42 times in the retail category, and 8.61 times in the Non Institutional Investors (NII) category so far. The Employee portion is booked 18.17 times, while the Qualified Institutional Buyers’ (QIBs) segment is subscribed 1% so far.

Mamata Machinery IPO Live: Mamata Machinery fairly priced compared to peers, says Anand Rathi

Mamata Machinery IPO Live: At the upper price band, Mamata Machinery is valued at P/E of 16.6x with a market cap of ₹5,979 million post issue of equity shares and return on net worth of 27.4% based on FY24. On the valuation front, we believe that the company is fairly priced compared to their peers. Therefore, we recommend a “Subscribe” rating to the IPO, said brokerage firm Anand Rathi.

Mamata Machinery IPO Live: Issue booked 7 times so far; Retail portion booked over 11x

Mamata Machinery IPO Live: Mamata Machinery IPO has been subscribed 7.15 times so far. The public issue received bids for 3.7 crore equity shares as against 51.78 lakh shares on the offer, as per NSE data till 12:40 PM. The IPO has been subscribed 11.32 times in the retail category, and 6.68 times in the Non Institutional Investors (NII) category so far. The Employee portion is booked 15.11 times, while the Qualified Institutional Buyers’ (QIBs) segment is subscribed 1% so far.

Mamata Machinery IPO Live: Subscribe for long term, suggests Rajan Shinde of Mehta Equities

Mamata Machinery IPO Live: On valuation parse at the upper price band of ₹243, the issue is asking for Market cap of ₹598 crore. Based on annualized FY2025 earnings and fully diluted post-IPO paid-up capital, the company is asking for PE of 14.65x which looks reasonable considering the long term outlook. Investors should also look at IPO offers which come with 100% OFS i.e ₹179.39 crore issue which is an area of concern for new investors. As industries increasingly shift toward automation and flexible packaging solutions, Mamata’s strong customer relationships, extensive global distribution network and emphasis on after-sales services enable repeat business and foster brand trust, we believe well-positioned to capitalize on this growth, said Rajan Shinde, Research Analyst, Mehta Equities Ltd.

Mamata Machinery IPO Live: Mamata Machinery raises ₹53.55 crore from anchor investors

Mamata Machinery IPO Live: Mamata Machinery had raised ₹53.55 crore from anchor investors on December 18, ahead of its public issue opening today. The company has allocated 22,04,113 equity shares to the anchor investors at an allocation price of ₹243 per share. The anchor investor pool for the Mamata Machinery public issue comprises 3P India Equity Fund, Authum Investment and Infrastructure, Winro Commercial India, Subhkam Ventures, Chartered Finance and Leasing, Belgrave Investment Fund, and Aarth AIF.

Mamata Machinery IPO Live: Issue booked 3 times so far; Retail portion booked over 4x

Mamata Machinery IPO Live: Mamata Machinery IPO has been subscribed 3.01 times so far. The public issue received bids for 1.55 crore equity shares as against 51.78 lakh shares on the offer, as per NSE data till 11:05 AM. The IPO has been subscribed 4.81 times in the retail category, and 2.68 times in the Non Institutional Investors (NII) category so far. The Employee portion is booked 7.25 times, while the Qualified Institutional Buyers (QIBs) are yet to bid for Mamata Machinery IPO.

Mamata Machinery IPO Live: Mamata Machinery IPO GMP jumps to 82%

Mamata Machinery IPO Live: Mamata Machinery shares are showing a bullish trend in the unlisted market with a stellar grey market premium. Mamata Machinery IPO GMP today is ₹201 per share. This indicates that Mamata Machinery shares are trading at ₹444 apiece in the grey market, a premium of 83% to the IPO price of ₹243 per share.

Mamata Machinery IPO Live: Issue fully booked within minutes of opening

Mamata Machinery IPO Live: Mamata Machinery IPO has been fully subscribed within minutes of opening. The public issue has been booked 1.47 times so far. The public issue received bids for 76.22 lakh equity shares as against 51.78 lakh shares on the offer, as per NSE data till 10:36 AM. The IPO has been subscribed 2.29 times in the retail category, and 1.47 times in the Non Institutional Investors (NII) category so far. The Employee portion is booked 3.38 times, while the Qualified Institutional Buyers (QIBs) are yet to bid for Mamata Machinery IPO.

Mamata Machinery IPO Live: Issue subscribed 92% within half hour of opening; Retail, NII portions fully booked

Mamata Machinery IPO Live: Mamata Machinery IPO has been subscribed 92% within half hour of opening. The public issue received bids for 47.64 lakh equity shares as against 51.78 lakh shares on the offer, as per NSE data till 10:30 AM. The IPO has been subscribed 1.35 times in the retail category, and 1.10 times in the Non Institutional Investors (NII) category so far. The Qualified Institutional Buyers (QIBs) are yet to bid for Mamata Machinery IPO.

Mamata Machinery IPO Live: Mamata Machinery IPO size is ₹179.39 crore

Mamata Machinery IPO Live: At the upper-end of the price band, the company aims to raise ₹179.39 crore from the book-built issue which is entirely an offer-for-sale (OFS) of 73.82 lakh equity shares.

Mamata Machinery IPO Live: A look at BRLM and IPO Registrar

Mamata Machinery IPO Live: Beeline Capital Advisors Pvt Ltd is the book running lead manager of the Mamata Machinery IPO, while Link Intime India Private Ltd is the IPO registrar.

Mamata Machinery IPO Live: Price band set at ₹230 – 243 per share

Mamata Machinery IPO Live: Mamata Machinery IPO price band has been set at ₹230 to ₹243 per share and the IPO lot size is 61 shares. The minimum investment amount required by retail investors is ₹14,823.

Mamata Machinery IPO Live: Key dates of Mamata Machinery IPO

Mamata Machinery IPO Live: Mamata Machinery IPO allotment is expected to be finalized on Tuesday, December 24. The company is likely to credit the equity shares into the demat accounts of the eligible allottees on December 26 and initiate refunds onto unsuccessful bidders on the same day. Mamata Machinery IPO listing date is likely December 27. The equity shares of Mamata Machinery will be listed on BSE and NSE.

Mamata Machinery IPO Live: Mamata Machinery IPO to hit Dalal Street today

Mamata Machinery IPO Live: The initial public offering (IPO) of plastic packaging maker Mamata Machinery Ltd is set to hit Dalal Street Street. The bidding for Mamata Machinery IPO commences today, December 19 and will conclude on December 23.