Mamata Equipment IPO: Will traders’ cash double instantly? Know the most recent GMP and consultants’ opinion – #INA

Mamata Equipment IPO: The itemizing of shares of Mamta Equipment Restricted goes to occur tomorrow i.e. on twenty seventh December. This IPO has acquired an amazing response from traders and was subscribed a complete of 194.95 occasions. This difficulty was open from 19 December to 23 December 2024. Together with wholesome subscription, there’s a enormous craze for this IPO within the grey market additionally. The problem dimension of this IPO is Rs 179 crore. For this, the value band of ₹ 230-₹ 243 was fastened.

This IPO has been subscribed a complete of 194.95 occasions until the final day of subscription. On this, the share of Certified Institutional Patrons (QIBs) was subscribed 235.88 occasions, the share of Non-Institutional Buyers (NIIs) was subscribed 274.38 occasions and the share of retail traders was subscribed 138.08 occasions.

Mamata Equipment IPO’s enormous craze in grey market

Mamta Equipment’s IPO has an enormous craze within the grey market. At present, on twenty sixth December i.e. a day earlier than the itemizing, this difficulty is buying and selling at a premium of Rs 245 within the unlisted market. Accordingly, the corporate’s shares are more likely to be listed at a worth of Rs 488. If this occurs then traders will get a bumper revenue of 100.82 p.c. Which means that traders’ cash can double instantly.

That is the opinion of consultants on Mamata Equipment IPO

Prashant Tapse of Mehta Equities believes that the demand has elevated on account of affordable valuations, which provides traders good itemizing good points. “Given the market sentiment and powerful subscription demand, we count on the corporate to checklist with sturdy itemizing good points and more likely to generate virtually 100% return on its difficulty worth,” Taapsee mentioned.

Stoxbox’s Prathamesh Masdekar, who expects a 107% premium on debut, mentioned the corporate will strategically give attention to strengthening relationships with present prospects and increasing its product providing throughout geographies to drive progress. Is.

Mamata Equipment enterprise

Mamta Equipment manufactures and provides plastic bag and pouch making machines, packaging equipment, and extrusion tools overseas. Aside from this, it gives end-to-end manufacturing options to the packaging business. It primarily sells equipment to the FMCG, meals, and beverage industries. Its necessary shoppers are Balaji Wafers, Das Polymers, JFlexi Packaging, Euphoria Packaging, Dawn Packaging, Om Flex India, Chitale Meals, V3 Polyplast, Lakshmi Snacks, Western India Cashew Firm, Hershey India, and so on.

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