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Issue Open Date
|
19-Dec-24
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|
Issue Closing Date
|
23-Dec-24
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Application Money
|
100
|
|
Allotment Money
|
|
|
|
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Price Band
|
230
-
243
|
|
Minimium Application No.
|
61
|
|
Issue Size (Shares)
|
5178227
|
|
Market Lot
|
1
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|
|
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Objective
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(i) to carry out the Offer for Sale of up to 7,382,340 Equity Shares by the Selling Shareholders;(ii) achieve the benefits of listing the Equity Shares on the Stock Exchanges.
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|
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Category
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No. of Shares
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No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
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Non-Institutional Investors
|
1102101
|
302393470
|
274.379090482633
|
Qualified Institutional Buyers
|
1469557
|
346643968
|
235.883309051639
|
Retail Individual Investors
|
2571569
|
355080085
|
138.079159065924
|
|
|
|
Business Description
We manufacture and export plastic bags and pouch making machines, packaging machines and extrusionequipment. We provide end-to-end manufacturing solutions for the packaging industry. Products manufacturedusing our machines are used across several industries as packaging applications, such as the packing of food andFMCG products. We primarily sell our packaging machinery to direct consumer brands catering to the FMCG,Food, & Beverage Industry and bag and pouch making machines to convertors and service providers who, in turn,mainly catering the FMCG and consumer industry. Our machineries are also utilised in non-packagingapplications, such as e-commerce bags and garment packaging bags. We consistently endeavour to expand ourproduct offerings and solutions to our customers. Our customers include Balaji Wafers Private Limited, DassPolymers Private Limited, Jflexy Packaging Private Limited, Euphoria Packaging Private Limited, SunrisePackaging, Om Flex India, Chitale Foods, V3 Polyplast Private Limited, Dhalumal Packaging Industries LLC,Laxmi Snacks Private Limited, Ganges Jute Private Limited, Western India Cashew Company Private Limitedand N. N. Print & Pack Private Limited and Gits Food Products Private Limited and Emirates National Factoryfor Plastic Ind LLC. Our Company also provides after-sales service to our customers. As part of our focus oninnovation, we have launched new and advanced machines from time to time.
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Promoter's Holding
|
|
Total Share Capital
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24159496
|
|
Offered to Public
|
7382340
|
|
Promoter's Holding (Pre-Issue)
|
98.18
|
|
Promoter's Holding (Post-Issue)
|
62.45
|
|
|
|
|
|
|
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Address |
Survey No. 423/ P Sarkhej - Bavla Road N.h. No. 8 A Sanand Moraiya
Ahmedabad,
Gujarat,
382213
Phone : 02717–630 800/801
Email : mamatagroup@mamata.com
Website : www.mamata.com
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Registrar |
Link Intime India Pvt Ltd.
C 101 247 Park LBS Marg Vikhroli (West) Mumbai
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Listed at |
BSE, NSE
|
|
Lead Manager |
Beeline Capital Advisors Pvt Ltd.
|
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Promoters |
Bhagvati Patel Chandrakant Patel Mahendra Patel Mamata Group Corporate Services LLP Mamata Management Services LLP Nayana Patel
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|