Mamata Machinery Ltd Share Price

(MAMATA)

Mamata Machinery Limited was incorporated as Patel Machinery Private Limited as a Private Limited Company dated April 17 1979 issued by the Registrar of Companies Gujarat at Ahmedabad. The name of Company was changed to Mamata Machinery Private Limited and Company received a fresh Certificate of Incorporation dated December 16 1988 issued by the RoC. Subsequently Company got converted into a Public Limited Company and the name was changed to Mamata Machinery Limited and a fresh Certificate of Incorporation dated June 21 2024 was issued by the RoC.The Company manufacture and export plastic bags and pouch making machines packaging machines and extrusion equipment. It provide endtoend manufacturing solutions for the packaging industry. Products manufactured using the machines are used across several industries as packaging applications such as the packing of food and FMCG products. The Company primarily sell packaging machinery to direct consumer brands catering to the FMCG Food Beverage Industry and bag and pouch making machines to converters and service providers who in turn mainly catering the FMCG and consumer industry. The Company further operate two machine manufacturing facilities one in India and one in the USA. In India the manufacturing facility is located on Sarkhej Bavla Highway Sanand Ahmedabad Gujarat with a total area of about 20662 square meters and an inhouse electronic department demo/exhibition centre and a fully equipped paint shop. The manufacturing facility in the USA is located in Bradenton Florida and it focuses on product applications design and development of machines and customisation of the machines sold in the USA.The Company started commercial operation as a manufacturer of microprocessorcontrolled bag making machines in 1989. In 1991 the Company introduced servo technology. It ventured into the Film Extrusion Machinery Business in 1997. To further expand the reach the Company began its operations in the United States through whollyowned subsidiary Mamata Enterprises Inc. in 2003. The Company further moved for expansion by installing over 4500 machines in over 75 Countries in 2015. The Company further created a milestone by introducing secondary packaging automation in 2022 and launched the vertical form fill seal VFFS machine in 2023.The Company is proposing the Initial Public Offer of 7382340 Equity Shares through Offer for Sale..

Share Price: ₹388.00 per share as on 21 Feb, 2025 04:02 PM
Market Capitalisation: ₹976.44Cr as of today
Revenue: ₹73.44Cr as on December 2024 (Q4 24)
Net Profit: ₹8.77Cr as on December 2024 (Q4 24)
Listing date: 27 Dec, 2024
Chairperson Name: Mahendra Patel