The Mamata Machinery IPO, which opened for subscription on December 19 and closed on December 23, has garnered significant interest from investors. The IPO was oversubscribed by nearly 195 times, with retail investors, non-institutional investors, and qualified institutional buyers (QIBs) all showing strong participation. The finalization of share allotment is set to take place today, December 24, 2024.
The subscription figures for the Mamata Machinery IPO indicate a strong interest from investors. The retail investor portion was subscribed 138.08 times, while the non-institutional investor segment saw a subscription rate of 274.38 times. The qualified institutional buyers (QIBs) portion was subscribed 235.88 times, and the employee segment was oversubscribed 153.27 times.
How to Verify Mamata Machinery IPO Allotment Status Online
If you applied for the Mamata Machinery IPO and want to know if you got the shares, here’s how you can check it online:
1. Link Intime India (IPO Registrar)
The official registrar for the Mamata Machinery IPO is Link Intime India. Follow these steps to check your allotment:
- Visit the Link Intime India website: https://linkintime.co.in/
- Go to the “Initial Offer” section and click on “Public Issues.”
- Choose “Mamata Machinery” from the list.
- Provide your PAN number, application number, or Demat account ID.
- Click “Submit” to check your status.
2. BSE (Bombay Stock Exchange)
The allotment status can also be checked on the BSE website.
- Go to the BSE website: https://www.bseindia.com/investors/appli_check.aspx
- Select “Equity” under the “Issue Type.”
- Choose “Mamata Machinery” from the list of IPOs.
- Enter your PAN number or application number.
- Complete the CAPTCHA and click “Submit” to see your status.
3. NSE (National Stock Exchange)
To check on the NSE website:
- Visit the NSE IPO status page: https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
- Enter your PAN number and details.
- Access your account using your username, password, and captcha code.
- Check your status on the page.
If you didn’t get shares, the refund process will start soon after the allotment. Refunds will be credited to your bank account by December 26, 2024. If you got shares, they will be added to your demat account by December 27, 2024.
The grey market premium (GMP) for the Mamata Machinery IPO is ₹260, which suggests the shares may list around ₹503 per share, based on the higher end of the IPO price range of ₹243. This high GMP indicates that investors are confident about the stock’s performance after it starts trading.
The Mamata Machinery IPO has been very popular, with a high subscription rate. If you applied, you can now check if you got the shares using the methods mentioned above. Shares will be credited to demat accounts by December 27, 2024, and the strong GMP suggests that the stock will have a good start on the exchange. However, before investing in any IPO, it’s important to conduct thorough research on it.
