Tue Dec 24 08:11:57 UTC 2024: ## Mamata Machinery IPO Allotment Finalized; GMP Signals Bumper Profits
**Mumbai, December 24, 2024** – The allotment of shares for the highly oversubscribed Mamata Machinery IPO has been finalized. The IPO, which closed on December 23, received an overwhelming response, with subscriptions reaching approximately 200 times the offered shares.
Investors can check their allotment status on the websites of the BSE, NSE, or the registrar, Link Intime India (https://linkintime.co.in/initial_offer/public-issues.html). Alternatively, investors can access their allotment status through the BSE website (https://www.bseindia.com/investors/appli_check.aspx) by entering their application number or PAN card details.
The grey market premium (GMP) for Mamata Machinery IPO is currently ₹260, suggesting a potential listing price of ₹503. This represents a potential return of approximately 107% over the upper end of the IPO price band. The shares are set to list on the BSE and NSE on Friday, December 27, 2024.
This news follows similar announcements regarding other IPOs, including DAM Capital Advisors and Transrail Lighting. The Business Standard Hindi website is also conducting a survey to improve user experience.
First Piper 