Mamata Machinery IPO Day 1 Live: Price Band ₹ 230 – ₹243 per share; Company plans to mobilize ₹ 179.39 crore through offer for sale (OFS) of 73.82 lakh shares.
Mamata Machinery IPO Day 2 Live: Today on Dalal Street, IPO of packaging machinery manufacturer, Mamata Machinery Ltd, hit the floors today. The offer opened on December 19 and will close on December 23 for the listing of Mamata Machinery IPO. The IPO was oversubscribed and the interest was quite willing and ready to grab the IPO as it opened. The company will be floating its equity shares on BSE and NSE and the day for listing is as follows: December 27/2011.
The issue of price has been fixed at ₹ 230/-to ₹ 243/- per share with the lot size being 61 shares. Thus at the upper end of the price band it proposed to sometime ₹179.39 crore through a book built issue out of which 73.82 lakh equity shares are being sold through Offer For Sale (OFS). Follow this space for the Mamata Machinery IPO Day 2 Live blog to get GMP update, the subscription status, and other vital information.
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