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Mamata Machinery Ahmedabad
3.9
based on 17 Reviews
Company Overview
Company Locations
Working at Mamata Machinery Ahmedabad
Company Summary
Overall Rating
3.9/5
based on 17 reviews
Highly rated for
Job Security
Critically rated for
Promotions/Appraisal, Salary & Benefits, Company Culture
Work Policy
Monday to Saturday
100% employees reported
Strict timing
57% employees reported
No travel
60% employees reported
Day shift
100% employees reported
View detailed work policy
Top Employees Benefits
Office cab/shuttle
3 employees reported
Health insurance
1 employee reported
View detailed benefits
About Mamata Machinery Ahmedabad
Founded in--
India Employee Count201-500
Global Employee Count--
HeadquartersAhmedabad
Office Locations
--
Websitemamata.com
Primary Industry
--
Other Industries
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Mamata Machinery Ahmedabad Ratings
based on 17 reviews
Overall Rating
3.9/5
How AmbitionBox ratings work?
5
7
4
6
3
3
2
0
1
1
Category Ratings
3.8
Job Security
3.7
Work-Life Balance
3.6
Skill Development
3.2
Work Satisfaction
3.2
Company Culture
3.0
Salary & Benefits
2.4
Promotions/Appraisal
Mamata Machinery Ahmedabad is rated 3.9 out of 5 stars on AmbitionBox, based on 17 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
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Mamata Machinery Ahmedabad Reviews
Compare Mamata Machinery Ahmedabad with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.9/5 based on 17 reviews | 3.8/5 based on 1.5k reviews | 3.6/5 based on 431 reviews | 4.1/5 based on 1.2k reviews |
Highly Rated for | Job Security | No highly rated category | No highly rated category | Skill development Company culture Job Security |
Critically Rated for | Promotion/Appraisals Salary & Benefits Company culture | Promotion/Appraisals Company culture | Promotion/Appraisals Company culture Job Security | No critically rated category |
Primary Work Policy | - | Work from office 95% employees reported | Work from office 90% employees reported | Work from office 82% employees reported |
Rating by Women Employees | - no rating available | 3.1 Average rated by 79 women | 3.3 Average rated by 83 women | 3.8 Good rated by 96 women |
Rating by Men Employees | - no rating available | 3.8 Good rated by 1.3k men | 3.7 Good rated by 324 men | 4.1 Good rated by 1k men |
Job Security | 3.8 Good | 3.7 Good | 3.2 Average | 3.8 Good |
View more
Mamata Machinery Ahmedabad Salaries
3.0
rated by 17 employees for salariesPurchase Engineer
(7 salaries)
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₹3.5 L/yr - ₹5 L/yr
Senior Design Engineer
(6 salaries)
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₹5 L/yr - ₹7.5 L/yr
Electrical Engineer
(5 salaries)
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₹3.9 L/yr - ₹7.1 L/yr
Design Engineer
(4 salaries)
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₹3.5 L/yr - ₹5.4 L/yr
Senior Service Engineer
(4 salaries)
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₹4.3 L/yr - ₹7.6 L/yr
Design & Development Engineer
(4 salaries)
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₹5 L/yr - ₹5.2 L/yr
Service Engineer
(4 salaries)
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₹2.2 L/yr - ₹2.7 L/yr
Electrical Design Engineer
(4 salaries)
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₹3.5 L/yr - ₹5.6 L/yr
Field Service Engineer
(3 salaries)
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₹5.4 L/yr - ₹6 L/yr
Junior Engineer Electrical
(3 salaries)
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₹2.4 L/yr - ₹3.8 L/yr
Mamata Machinery Ahmedabad News
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Investors make a beeline for Mamata Machinery IPO
- Gujarat-based Mamata Machinery launches an IPO worth ₹179.38 crore.
- The IPO consists of an offer-for-sale of 73.82 lakh equity shares by promoters.
- Retail investors show the highest interest, subscribing 23.84 times.
- Mamata Machinery aims to gain listing benefits and establish a public market for its shares.
HinduBusinessLine | 20 Dec, 2024
Mamata Machinery IPO opens today with price band of ₹230-243
- The Mamata Machinery IPO has opened with a price band of ₹230-243.
- The IPO consists of an entirely offer-for-sale of 73.82 lakh equity shares by promoters and entities.
- The issue allocation is 50% for qualified institutional buyers, 35% for retail investors, and 15% for non-institutional buyers.
- The company aims to list its equity shares on stock exchanges to gain visibility, brand image, liquidity, and establish a public market for its shares.
HinduBusinessLine | 19 Dec, 2024
Mamata Machinery IPO: Price Band, Financials, Key Dates, GMP And More — All You Need To Know
- Mamata Machinery is going public with a ₹179.4-crore initial public offering (IPO).
- The IPO is entirely an offer for sale (OFS) with a price range of ₹230-₹243 per share.
- Company promoters Mahendra, Nayana, and Bhagvati Patel along with Mamata Group Corporate Services LLP and Mamata Management Services LLP will sell shares.
- Mamata Machinery makes packaging machinery primarily for direct consumer brands in the FMCG and food and beverage industry.
- The company has seen steady revenue growth over the past few years but has not seen proportional margin expansion.
- It has a cash balance of ₹7.6 crore.
- The company faces significant competitive pressure in its industry.
- The grey market premium of Mamata Machinery IPO was at ₹150.
- The IPO will open on December 19 and close on December 23.
- Read the red herring prospectus and consult a financial advisor before investing.
Bloomberg Quint | 18 Dec, 2024
Mamata Machinery Raises Rs 54 Crore From Anchor Investors Ahead Of IPO
- Mamata Machinery has raised Rs 54 crore from anchor investors ahead of its IPO.
- The packaging machine manufacturer allotted 22 lakh shares at Rs 243 apiece to seven anchor investors.
- India Equity Funds secured 24.9% of the allocation, while Authum Investment, Winro Commercial, and Subhkam Ventures I Pvt. mopped up 13.51% each.
- The funds raised will be used to enhance the company's visibility and brand image after the listing of equity shares.
Bloomberg Quint | 18 Dec, 2024
DAM Capital, Concord Enviro Among Five IPOs To Open On Thursday: Analysts Divided Over Retail Participation
- The initial public offerings (IPOs) of DAM Capital Advisors, Transrail Lighting, Sanathan Textiles, Concord Enviro Systems, and Mamata Machinery are set to open on December 19, 2024.
- Analysts predict that retail subscriptions will be dynamic yet divided.
- DAM Capital and Concord Enviro are expected to receive good retail participation, while Transrail Lighting may have lesser attention.
- Factors such as pricing, market sentiment, and overall economic environment will influence the subscription of these IPOs.
Bloomberg Quint | 18 Dec, 2024
Mamata Machinery IPO - Should You Subscribe? Read DRChoksey's Analysis
- Mamata Machinery IPO is set to launch on December 19 with a price band of Rs 230-243 per share.
- The IPO is an entirely offer-for-sale of 74 lakh shares, amounting to Rs 179.39 crore.
- DRChoksey's analysis suggests that investors should consider subscribing to the IPO.
- NDTV Profit offers in-depth research reports and analysis from top brokerages, asset managers, and research agencies.
Bloomberg Quint | 17 Dec, 2024
Mamata Machinery IPO GMP Hints At Strong Listing Gains Ahead Of Opening
- The grey market premium (GMP) of Mamata Machinery IPO is projecting a listing gain of 45.68% on the upper end of the price band.
- The Mamata Machinery IPO will be open for bidding between Dec. 18 and Dec. 23.
- The Rs 179.39-crore issue is entirely an offer-for-sale of 74 lakh shares offered within the price band of Rs 230 to Rs 243 apiece.
- Mamata Machinery is engaged in the manufacturing and export of machines used in the plastic bags and packaging industry.
Bloomberg Quint | 17 Dec, 2024
Mamata Machinery Sets IPO Price Band
- Mamata Machinery Pvt. will launch its initial public offering on Dec. 19 at a price band of Rs 230-243 per share.
- The IPO is an offer for sale with no fresh issues. Existing shareholders will offload Rs 73.82 lakh shares at a face value of Rs 10 per share.
- The company will not receive any proceeds from the offer for sale, but will direct the funds to boost their visibility and brand image after the listing of equity shares.
- The offering is expected to provide liquidity to their shareholders and open its shares for the public market in India.
Bloomberg Quint | 13 Dec, 2024
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