Mamata Machinery IPO GMP - AstroIPO

Mamata Machinery IPO GMP


November 18, 2024 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Mamata Machinery Limited is set to launch its IPO from December 19 to December 23, 2024, aiming to raise approximately ₹179.39 crores. The company specializes in manufacturing and exporting advanced plastic bag and pouch-making machines, catering to various sectors, including FMCG, food, and e-commerce packaging. Proceeds from the offering will primarily benefit selling shareholders. With a strong global presence in over 75 countries and a reputation for innovation.

₹250

Latest IPO GMP
Last updated on 26 Dec 2024 11.16

₹243

IPO Offer Price
*cut off price

₹600

Listing Price
Listing Date 27/12/2024

Expert Opinions

Market sentiment for the Mamata Machinery IPO is positive, reflecting strong interest in the packaging machinery sector, particularly as demand for innovative packaging solutions continues to rise. Company strengths include a well-established reputation with over four decades of experience in manufacturing and exporting advanced packaging machines, which positions it favorably in a growing market.

However, risks and challenges include potential supply chain disruptions and competition from both domestic and international players that could impact market share. The valuation analysis suggests a price range of ₹230 to ₹243 per share, which appears reasonable given the company’s robust financial metrics, including a return on equity of 19.41%. From a long-term investment perspective, Mamata Machinery is well-positioned to benefit from the expanding packaging industry, making it an attractive option for investors seeking exposure to a key player in this essential sector.

Investor Considerations

Investors considering the Mamata Machinery IPO should evaluate several key aspects. Company performance and fundamentals are strong, with a proven track record in manufacturing and exporting packaging machinery, having installed over 4,500 machines in 75 countries, which enhances its global presence. The sector outlook is favorable, driven by increasing demand for packaging solutions across various industries, including FMCG and e-commerce.

The IPO valuation, set between ₹230 and ₹243 per share, aims to raise approximately ₹179.39 crores through an offer for sale, reflecting confidence in the company’s growth potential. Growth prospects are promising as Mamata Machinery plans to expand its product range and enhance innovation. However, risk factors include reliance on a limited number of customers for a significant portion of revenue and exposure to foreign currency fluctuations. A long-term investment horizon is advisable, as Mamata Machinery is well-positioned to capitalize on the expanding packaging market, making it an attractive option for investors.

Mamata Machinery IPO GMP Trends: Day-to-Day Insight

Date GMP Trend
26 Dec 2024 11.16 ₹250 ---
25 Dec 2024 11.21 ₹250 ---
24 Dec 2024 10.54 ₹250 ---
23 Dec 2024 11.52 ₹250 ---
22 Dec 2024 12.05 ₹250 ---
21 Dec 2024 12.37 ₹250 Down
20 Dec 2024 10.48 ₹260 Up
19 Dec 2024 12.42 ₹200 Up
18 Dec 2024 12.15 ₹100 ---
17 Dec 2024 12.09 ₹100 ---
16 Dec 2024 17.58 ₹100 Up
15 Dec 2024 13.22 ₹70 ---
14 Dec 2024 17.13 ₹70 Up
13 Dec 2024 11.25 ₹60 Up
12 Dec 2024 12.45 ₹00 ---
11 Dec 2024 11.15 ₹00 ---
10 Dec 2024 11.33 ₹00 ---
09 Dec 2024 17.06 ₹00 ---
06 Dec 2024 11.31 ₹00 ---
05 Dec 2024 11.01 ₹00 ---
04 Dec 2024 11.05 ₹00 ---
03 Dec 2024 11.34 ₹00 ---
02 Dec 2024 11.18 ₹00 ---
01 Dec 2024 11.34 ₹00 ---
30 Nov 2024 13.14 ₹00 ---
29 Nov 2024 15.41 ₹00 ---
28 Nov 2024 11.25 ₹00 ---
27 Nov 2024 12.00 ₹00 ---
26 Nov 2024 11.07 ₹00 ---
25 Nov 2024 11.38 ₹00 ---
23 Nov 2024 11.31 ₹00 ---

FAQs

The Grey Market Premium showed limited accuracy in predicting Mamata Machinery’s listing performance. While the GMP of ₹250 predicted a significant premium of 102.88% over the issue price, the stock delivered an even stronger gain of 146.91%. With a substantial prediction error of 21.70%, the GMP correctly predicted the positive listing direction but significantly underestimated the magnitude of gains, demonstrating its limitations as a precise price predictor in this case.

Mamata machinery IPO Current GMP is ₹250.

Mamata machinery IPO Expected Returns is 102.88%.

Mamata machinery IPO estimated listing price is ₹493.

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