Google Trends IN-OR,mamata machinery ipo allotment status

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Mamata Machinery IPO Allotment Status

Mamata Machinery Limited, a manufacturer of material handling equipment, recently concluded its initial public offering (IPO) on August 25, 2023. The IPO was subscribed 2.5 times, receiving bids for 2.5 crore shares against the offered 1 crore shares.

To check the allotment status of shares, investors can follow these steps:

Online Method:

  1. Visit the BSE website: www.bseindia.com/
  2. Click on “IPO Status” under the “Investors” tab.
  3. Select “Mamata Machinery Limited” from the dropdown list.
  4. Enter your PAN number and application number.
  5. Click on “Submit”.

SMS Method:

  1. Type the following message: STATUS <空格> APPLYNO <空格> PAN
  2. Send the message to 567678 or 56161.
  3. You will receive an SMS containing the allotment details.

Note:

  • You will need your PAN number and application number to check the allotment status.
  • Allotment status may take a few days to be updated.

Details of the IPO:

  • Issue size: Rs. 100 crore
  • Price band: Rs. 40-45 per share
  • Subscription period: August 22-25, 2023
  • Listing date: September 1, 2023

Key Highlights of the Company:

  • Leading manufacturer of material handling equipment in India
  • Strong presence in the automotive, FMCG, and e-commerce sectors
  • Experienced management team with over 25 years of industry experience
  • Plans to use the IPO proceeds for capacity expansion and working capital needs

Reasons for Rapidly Rising Popularity on Google Trends:

  • The IPO was heavily subscribed, indicating strong investor interest.
  • The company operates in a growing industry with significant potential.
  • Investors are optimistic about the company’s future growth prospects.
  • The IPO is expected to provide investors with potential gains.

Please note that the information provided above is for general knowledge purposes only and should not be construed as investment advice.

The AI has provided us with the news.

I’ve asked Google Gemini the following question, and here’s its response.

Please search for “mamata machinery ipo allotment status” which is rapidly rising on Google Trends IN-OR and explain in detail. Answers should be in English.

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