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MAMATA IPO

Mamata Machinery Limited
Start Date19-12-2024
Application Timing10am-5pm
Price Range₹230 - ₹243
Min Qty61
Min. Investment₹14030
Listing DateNA
Close Date23-12-2024

About Mamata Machinery Limited

Starting operations in 1989, Mamata Machinery manufactures and exports plastic bags and pouch making machines, packaging machines, and extrusion equipment under the brand name “Vega” and “Win”. They provide end-to-end manufacturing solutions for the packaging industry. Products manufactured using their machines are used across several industries as packaging applications, such as the packing of food and FMCG products. They primarily sell to direct consumer brands catering to the FMCG, food, & beverage Industry and service providers mainly catering to the FMCG and consumer industry.

Why To Invest in Mamata Machinery Limited

The Company will not receive any proceeds from the Offer (the " Offer Proceeds") and all the Offer Proceeds will be received by the Selling Shareholders post deduction of Offer-related expenses to be borne by the Selling Shareholders.

Financial Table
Year9-month period ended Dec 2023202320222021
Revenue From Operations (Rs. Cr)148.2200.8192.2146.9
Profit After Tax (Rs. Cr)14.622.521.610.4
Strengths And Risks
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Strong Exports: With over three decades of presence and installations of over 4,500 machineries globally, Mamata Machinery is one of the leading exporters of machinery and equipment used in the production of plastic bag and pouches.
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Advanced manufacturing infrastructure: Company has developed material knowledge to customize systems and products and owns advanced machine manufacturing facility in Sarkhej - Gujarat, in addition to a manufacturing facility in Florida, USA.
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Global Distribution: They have a customer base in over 75 countries comprising both end customer brands and conversion players. In addition to domestic sales, they have significantly increased geographical reach by focusing on certain emerging markets such as Asia Pacific, USA, European Union amongst others.
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Experienced management team: Company possesses a qualified senior management team with considerable industry experience. Its Chairman and Managing Director, Mahendra Patel has over 44 years of experience in the machine building industry.
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Raw material price: Company's operations are dependent upon the efficient supply chain management of materials, parts and components made to drawings and standard bought-out parts. Increase in price of these materials or any shortage can impact business.
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End-user industry risk: Company is heavily dependent on the performance of the FMCG, Food & Beverage and Consumer Industry. Any slowdown in these end-use industries or any other adverse changes can impact business and profitability.
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Competition: Company faces significant competition in business from other manufacturers of machines for flexible packaging. They need to constantly offset pricing pressures, produce new products, advance technological capability, improve services, and enhance production efficiency to reduce costs.
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