Mamata Machinery IPO allotment date

Mamata Machinery IPO allotment status: Check application status online

The allotment of Mamata Machinery IPO shares is likely to be finalized today, (December 24). Here is the step by step guide to check the allotment status:

Go to the website of the registrar, Link Intime India.
Select the IPO you want to check the status for.
Enter your PAN number and application number.
Click on the "Submit" button.

You will be able to see the status of your application. If you have been allotted shares, you will be able to see the number of shares you have been allotted and the amount you need to pay.

The Mamata Machinery IPO was subscribed 194.95x. The issue received bids for 2,36,42,48,960 shares against the total issue size of 1,21,12,000 shares.

The retail portion of the IPO was subscribed 11.56 times, while the non-institutional investors portion was subscribed 419.82 times. The qualified institutional buyers portion was subscribed 145.62 times.

The company plans to use the proceeds of the IPO to repay debt, fund capital expenditure, and for general corporate purposes.

Mamata Machinery is a leading manufacturer of agricultural machinery in India. The company has a wide range of products, including tractors, harvesters, and other implements.

The company has a strong presence in the domestic market and is also exporting its products to over 50 countries.

The Mamata Machinery IPO is a good opportunity for investors to invest in a leading company in the agricultural machinery sector.
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Disclaimer:
This article is for informational purposes only and should not be considered as financial advice. Please consult a qualified financial advisor before making any investment decisions.