Initial public offering of up to 7,382,340 equity shares of face value of
Rs. 10 each ("Equity Shares") of Mamata Machinery Limited (the "Company" or the "Issuer") for cash at a price of Rs. [*] per equity share ("Offer Price") aggregating up to Rs. [*] crores (the "Offer") comprising an offer for sale of up to 534,483 equity shares aggregating up to [*] crores by Mahendra Patel, up to 1,967,931 equity shares aggregating up to [*] crores by Nayana Patel, up to 1,227,042 equity shares aggregating up to [*] crores by Bhagvati Patel, up to 2,129,814 equity shares aggregating up to [*] crores by Mamata group corporate services llp and up to 1,523,070 equity shares aggregating up to [*] crores by Mamata management services llp ("Selling Shareholders") (the "Offer for Sale").
The offer includes a reservation of up to 35,000 equity shares aggregating up to Rs. [*] crores (constituting up to [*]% of the post offer paid-up equity share capital), for subscription by eligible employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital of the company. The company in consultation with the book running lead manager, may offer a discount of up to [*]% (equivalent of Rs. [*] per equity share) to the offer price to eligible employees bidding under the employee reservation portion ("Employee Discount").
Price Band: Rs. 230 to Rs. 243 per equity share of face value of Rs. 10 each.
The Floor price is 23 times the face value of the equity shares and cap price is 24.30 times the face value of the equity shares.
Bid can be made for a minimum of 61 equity shares and in multiples of 61 equity shares.
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