Shares of Mamata Machinery Ltd. closed in an upper circuit of 5% on Friday on both the exchanges at Rs 630 on the National Stock Exchange and at Rs 629.95 on the BSE. The company recorded the third highest gains on listing day this year, and closed at a premium of 159.3% over the issue price.

IPO. After its shares got listed, Mamata Machinery's market valuation stands at ₹1,476.47 crore. The company's shares also debuted on th

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.

Shares of Mamata Machinery Ltd surged over 159% on their debut, closing at Rs 629.95 on the BSE and Rs 630 on the NSE, significantly exceeding the issue price of Rs 243. The company's IPO saw massive interest,

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

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.

On the BSE, shares of the firm listed at Rs 600, a jump of 146.91 per cent. It zoomed 159.23 per cent to settle at Rs 629.95 -- the upper circuit limit

Mamata Machinery IPO saw strong demand, driven by the company’s global presence, including a US manufacturing unit, and consistent growth in revenue and profit. Analysts recommend accumulating on dips post-listing amid potential profit booking.

A 147% premium debut for Mamata Machinery leaves investors wondering: Is this the peak, or should they hold on?

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.