Mamata Machinery Limited IPO Subscriptions Status Live Today
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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.
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