Mamata Machinery IPO Allotment: Key Details and How to Check Status

The Mamata Machinery IPO closed its subscription window on December 23, 2024, witnessing an overwhelming response from investors. The IPO, which was open for bidding from December 19 to December 23, had a price band of ₹230 – ₹243 per share and received a massive subscription rate of 194.95 times on the final day.

The allotment of Mamata Machinery IPO shares is expected to be finalized today, December 24, 2024. Investors who have subscribed to the IPO can check their allotment status through the official platforms of NSE, BSE, or the registrar Link Intime India.

Step-by-Step Guide to Check Mamata Machinery IPO Allotment Status

1. Via NSE Website

1. Visit the NSE IPO page: Click Here.
2. Register with your details and log in.
3. Select “Mamata Machinery” from the dropdown menu.
4. Enter your IPO application number.
5. Click “Submit” to view your allotment status.

2. Via BSE Website

1. Go to the BSE website: Click Here.
2. Under the “Investors” section, click on “Status of Issue Application”.
3. Choose “Application Status Check” and select “Equity”.
4. Fill in the required details, including your PAN number.
5. Click “Search” to view the allotment status.

3. Via Link Intime India (Registrar)

1. Visit the Link Intime IPO page: Click Here.
2. Choose “Mamata Machinery” from the dropdown menu.
3. Enter your PAN number, application number, or DP Client ID.
4. Click “Submit” to check your allotment status.

IPO Listing and Grey Market Premium (GMP)

• Listing Date: Mamata Machinery shares are scheduled to list on BSE and NSE on December 27, 2024.
• GMP Update: As per the latest grey market trends, Mamata Machinery shares are commanding a 107% grey market premium (GMP), with an unofficial market price of ₹260 per share. This indicates a potential listing day gain of up to 90% over the issue price.

Subscription Breakdown

The IPO received significant interest across categories:

• Qualified Institutional Buyers (QIBs): Subscribed 166.33 times.
• Non-Institutional Investors (NIIs): Subscribed 98.47 times.
• Retail Investors: Subscribed 138.08 times.

The IPO successfully raised a total of ₹179.38 crore, reflecting strong investor confidence in Mamata Machinery.

The Mamata Machinery IPO has created a buzz with its high subscription rates and robust GMP. Investors eagerly await the allotment results and listing on December 27, 2024, which promises significant returns. Use the steps provided above to check your allotment status and prepare for potential gains on the listing day.