Bidding for the initial public offering (IPO) of Mamata Machinery Limited began on 19th December 2024 and will remain until 5:00 PM on 23 December 2024. So, applicants have just one day to apply for the Mamata Machinery IPO as the public issue closes on Monday next week.

The Mamata Machinery Limited IPO has received robust demand from investors across all segments. Launched on December 19, 2024, the IPO has drawn significant attention from the Indian primary market, with bidding set to close on Monday,

Mamata Machinery shares were trading at Rs 503 apiece, reflecting a grey market premium (GMP) of Rs 260 or 107 per cent per share over the upper end of the IPO price band of Rs 243

The grey market premium of Mamata Machinery IPO was Rs 260 as of 7:54 a.m. on Dec. 20, according to InvestorGain.

The initial public offer (IPO) of Mamata Machinery has been subscribed 22.13 times on the second day of the bidding process, following a strong performance on the first day. Retail investors have shown particularly high demand,

Mamata Machinery Ltd's initial public offering was oversubscribed 37.75 times. The packaging machinery company's IPO, worth Rs 179 crore, is an Offer For Sale of 73.82 lakh shares. Funds will go to selling shareholders,

The initial public offer of packaging machinery manufacturer Mamata Machinery Ltd got fully subscribed within minutes of opening for bidding on Thursday and finally ended with 16.48 times subscription.

Analysts recommended investors to subscribe to the issue as the IPO is fairly priced and the company enjoys a niche place in innovative plastic bags and pouch making machines, packaging machines, and extrusion equipment.

Mamata Machinery IPO opens from December 19-23, priced at ₹230-243 per share. With ₹53 crore raised from anchor investors and a market cap of nearly ₹600 crore, the company expects growth by expanding into international markets.