Mamata Machinery IPO
Mamata Machinery Limited (MAMATA) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 27 December 2024.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +80.6% (likely range +35% to +103%), day's high +80.6%, chance of a gain 97%. Actual: +146.9% at the open, +159.3% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 14,69,557 | 34,66,43,968 | 236x | |
| NII (HNI) total | 11,02,101 | 30,23,93,470 | 274x | |
| Big NII (above ₹10 lakh) | 7,34,734 | 16,36,30,731 | 223x | |
| Small NII (₹2-10 lakh) | 3,67,367 | 13,87,62,739 | 378x | |
| Retail | 25,71,569 | 35,50,80,085 | 138x | |
| Employees | 35,000 | 53,64,279 | 153x | |
| Total | 51,78,227 | 1,00,94,81,802 | 195x |
Bids on NSE and BSE together, as published by NSE, as of 23 Dec 2024, 07:00 PM. Shares offered exclude the anchor portion. 32% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Mamata Machinery's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Motisons JewellersDec 2023 | 157x | 234x | 122x | 160x | ₹154 Cr | +98.2% | +99.6% |
| Gala Precision EngineeringSep 2024 | 233x | 415x | 91.9x | 201x | ₹168 Cr | +36.3% | +43.1% |
| Unicommerce eSolutionsAug 2024 | 139x | 252x | 131x | 168x | ₹277 Cr | +117.6% | +137.0% |
| KRN Heat Exchanger and RefrigerationSep 2024 | 253x | 432x | 98.3x | 214x | ₹344 Cr | +118.2% | +133.4% |
| Manba FinanceSep 2024 | 149x | 512x | 144x | 224x | ₹151 Cr | +20.8% | +26.9% |
| Orient TechnologiesAug 2024 | 190x | 301x | 66.9x | 152x | ₹218 Cr | +39.8% | +46.8% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Beeline Capital Advisors | 6 | +30.4% | 100% |
Offer documents (NSE)
Frequently asked
What is the Mamata Machinery IPO price band and lot size? ₹230–243 per share, with a lot of 61 shares, so the smallest retail bid is ₹14,823.
How many times has it been subscribed? 195x overall: QIB 236x, NII 274x, retail 138x, employees 153x.
How did it list? It opened at ₹600, +146.9% against the issue price of ₹243, and closed its first day +159.3%.
