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Mamata Machinery Limited IPO Subscriptions Status Live Today

 

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Mamata Machinery Limited IPO

December 19, 2024 - December 23, 2024 Open

Mamata Machinery Limited IPO Details

Issue Open

19 December 2024

Issue Close

23 December 2024

IPO Price

₹230 - ₹243 per equity share

Face Value

₹10 per equity share

IPO Size

₹179.39 Cr.

Listing At

NSE, BSE

IPO Lot Size

61 shares

 

IPO Investor Categories


• Qualified Institutional Buyers (QIB)- qualified institutional buyers (QIBs) are large investors with investment expertise, such as the mutual funds, insurance companies, pension funds & hedge funds, who are the considered to have the expertise and resources to evaluate the investment opportunities - it requires standards to be the met, and retail investors are allowed to the bid shares at prices below the offer price.

• Non-Institutional Investors (NII) - Non-institutional investors (NIIs), on the other hand, generally consist of individual investors, high net worth individuals (HNIs), or companies that do not meet the financial criteria a be classified as QIBs and allowed to participate in IPOs at the same price as retail investors.

NII category has two subcategories:


1. sNII - "sNII" means "small non-institutional investor". This sub-category includes investors who have created shares of Rs. 2 lakh and Rs. 10 lakh in IPO.

2. bNII - "bNII" means "large non-institutional investor". This sub-category includes investors who have created shares in shares worth more than Rs. 10 lakh in IPO.

• Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to Rs. 2 lakh in IPOs, aimed at encouraging retail participation in IPOs.


• Employee (EMP)- The employee (EMP) component of an IPO is reserved for employees, directors and associate employees of the issuing company, and the issuing company and the IPO's chief executive officer determine the share allocation in this category

 

• Others- An eligible group of shareholders or other investors with investments in an IPO.

 

Frequently Asked Question

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