The retail portion which received over 48 lakh applications saw only 42,156 applicants successfully get allotted shares of the company, indicating that only one in every 114 applicants managed to bag a lot (or more).

Mamata Machinery share price listed at Rs 600 apiece on the NSE BSE alike today, translating into listing gains of more than145 per cent and outperforming grey market expectations

Mamata Machinery share price debuted at ₹600, soaring 146.91% from the issue price of ₹243. The IPO was oversubscribed 194.95 times, with significant interest from investors. The company focuses on packaging machinery and has plans for growth and improved customer relationships.

Mamata Machinery's IPO listed, massively oversubscribed at 194.95x. Check listing price, GMP and more on our live blog!

Shares of Mamata Machinery rallied another 5% to hit the upper circuit at Rs 630 per share, after IPO listing at 146% premium. The Rs 179 crore IPO was entirely an offer for sale of 73,82,340 shares.

Mamata Machinery IPO listing date has been scheduled for today (Friday, December 27) on the bourses at 10:00 IST. According to details on the BSE website, Mamata Machinery's share price will list in a special pre-open session on both the BSE and NSE during Friday's trades.

Shares of Sanathan Textiles, Transrail Lighting, Mamata Machinery, DAM Capital, and Concord Enviro Systems listed at premium over IPO price.

While conservative investors may book profits at listing, analysts advised long-term investors to hold the Mamata Machinery stock due to its growth potential and reasonable valuations.

Mamata Machinery is set to debut on the stock market today, December 27, with its shares being listed on both the BSE and NSE. Investors eagerly await the listing after the company’s IPO has received an overwhelming response.