Investors who placed bids for Mamta Machinery's initial public offering (IPO) shares can monitor their allotment status online through the BSE, NSE, and Link Intime India Pvt. Ltd., the issue registrar's official website.
After its public offer received a huge amount of subscriptions, Mamata Machinery Ltd. is scheduled to finalize the IPO share allotment status on Tuesday, December 24.With offers for 100.94 crore shares, the ₹179.39-crore IPO was subscribed for 195 times overall, compared to the 51.78 lakh shares that were available.
Subscriptions for the mainboard IPO were accepted from December 19 to December 23.
While the Non-Institutional Investors (NIIs) category was subscribed to 274.38 times, the retail quota of the IPO was booked more than 138 times. There were 235.88 subscriptions in the Qualified Institutional Buyers (QIBs) category. Additionally, the IPO's employee quota witnessed a substantial 153.27-time subscription.
Mamta Machinery received bids for around ₹25,000 crore for a plan to fund almost ₹180 crore. Naturally, the entire issue was an Offer For Sale (OFS), which means that the company will not get any money from the sale of its shares.
The public offer's share allocation is anticipated to be extremely competitive given the excellent reception to Mamata Machinery's IPO. Investors who placed bids for IPO shares can use the BSE, NSE, and Link Intime India Pvt. Ltd.'s official website to check the allotment status online.
How to examine the BSE's Mamata Machinery IPO share allocation:
Visit the IPO allotment page on BSE website: https://www.bseindia.com/static/investors/application_statuschecksystem.aspx
How to examine the BSE's Mamata Machinery IPO share allocation:
Visit the IPO allotment page on BSE website: https://www.bseindia.com/static/investors/application_statuschecksystem.aspx
- Choose the issue type "equity."
- Select Mamata Machinery Ltd. from the issue names selection box.
- To continue, enter your PAN or application number.
- Check the "Captcha"
- · Click on Search to view your share allotment details
How to use Link Intime India to verify Mamata Machinery's IPO allocation:
· Go to the https://www.linkintime.co.in website for Link Intime India.
• Select "Public Issues" after clicking the Investor Services link on the main menu.
· Choose 'Mamata Machinery Ltd' from the list of businesses in the dropdown menu.
To view your allocation status, choose from your PAN, Application Number, DP/Client ID, or Account Number/IFSC.
Enter the necessary information.
Click 'Submit' to view the status of the allocation.
Using their registration ID and password, investors can also access the NSE website to view the allocation status for the Mamata Machinery IPO.
On December 26, shares will be credited to the winning bidders' Demat accounts. Refunds for non-allottees will also be started by the business that same day.
On December 27, Mamata Machinery Ltd.'s shares are expected to go public on the NSE and BSE.
The total offer-for-sale (OFS) of 74 lakh shares made up the ₹179.39 crore book-built issue of Mamata Machinery. The price range for the initial public offering was ₹230 to ₹243 per share.
Mamata Machinery was founded in 1979 and specializes in selling packaging equipment to direct consumer brands that serve the food and beverage and fast-moving consumer goods industries. Additionally, the business is a top supplier of machines for creating bags and pouches to service providers and converters.
· Go to the https://www.linkintime.co.in website for Link Intime India.
• Select "Public Issues" after clicking the Investor Services link on the main menu.
· Choose 'Mamata Machinery Ltd' from the list of businesses in the dropdown menu.
To view your allocation status, choose from your PAN, Application Number, DP/Client ID, or Account Number/IFSC.
Enter the necessary information.
Click 'Submit' to view the status of the allocation.
Using their registration ID and password, investors can also access the NSE website to view the allocation status for the Mamata Machinery IPO.
On December 26, shares will be credited to the winning bidders' Demat accounts. Refunds for non-allottees will also be started by the business that same day.
On December 27, Mamata Machinery Ltd.'s shares are expected to go public on the NSE and BSE.
The total offer-for-sale (OFS) of 74 lakh shares made up the ₹179.39 crore book-built issue of Mamata Machinery. The price range for the initial public offering was ₹230 to ₹243 per share.
Mamata Machinery was founded in 1979 and specializes in selling packaging equipment to direct consumer brands that serve the food and beverage and fast-moving consumer goods industries. Additionally, the business is a top supplier of machines for creating bags and pouches to service providers and converters.
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