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Mamata Machinery Ahmedabad
4.1
based on 19 Reviews
Company Overview
Company Locations
Working at Mamata Machinery Ahmedabad
Company Summary
Overall Rating
4.1/5
based on 19 reviews
Highly rated for
Job security, Work-life balance
Critically rated for
Promotions, Salary
Work Policy
Monday to Saturday
100% employees reported
Strict timing
60% 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 19 reviews
Overall Rating
4.1/5
How AmbitionBox ratings work?
5
8
4
7
3
3
2
0
1
1
Category Ratings
4.2
Job security
3.9
Work-life balance
3.7
Skill development
3.5
Company culture
3.5
Work satisfaction
3.3
Salary
2.6
Promotions
Mamata Machinery Ahmedabad is rated 4.1 out of 5 stars on AmbitionBox, based on 19 company reviews. This rating reflects a generally positive employee experience, indicating 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.
Read more
Mamata Machinery Ahmedabad Reviews
Compare Mamata Machinery Ahmedabad with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.1/5 based on 19 reviews | 3.8/5 based on 1.6k reviews | 3.6/5 based on 462 reviews | 4.0/5 based on 1.3k reviews |
Highly Rated for | Job security Work-life balance | Job security | No highly rated category | Skill development Salary Job security |
Critically Rated for | Promotions Salary | Promotions | Promotions Company culture Job security | No critically rated category |
Primary Work Policy | - | Work from office 92% employees reported | Work from office 90% employees reported | Work from office 87% employees reported |
Rating by Women Employees | - no rating available | 3.3 Average rated by 85 women | 3.4 Average rated by 85 women | 3.9 Good rated by 103 women |
Rating by Men Employees | - no rating available | 3.8 Good rated by 1.4k men | 3.6 Good rated by 353 men | 4.0 Good rated by 1.1k men |
Job security | 4.2 Good | 3.8 Good | 3.2 Average | 3.8 Good |
View more
Mamata Machinery Ahmedabad Salaries
Mamata Machinery Ahmedabad salaries have received with an average score of 3.3 out of 5 by 19 employees.
Purchase 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
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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₹5.5 L/yr - ₹7.6 L/yr
Senior Engineer
(4 salaries)
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₹5.6 L/yr - ₹9.5 L/yr
Design & Development Engineer
(4 salaries)
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₹5 L/yr - ₹5.2 L/yr
Electrical Engineer
(4 salaries)
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₹3.9 L/yr - ₹7.1 L/yr
Senior Planning Engineer
(4 salaries)
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₹3.9 L/yr - ₹7.5 L/yr
Service Engineer
(4 salaries)
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₹2.2 L/yr - ₹2.7 L/yr
General Manager
(4 salaries)
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₹40 L/yr - ₹43.1 L/yr
Mamata Machinery Ahmedabad News
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Roaring Debuts Mark End To Bumper Year For IPOs In India
- India is set to close 2024 with a record number of IPOs and proceeds.
- Over 330 initial public offerings, $20 billion of proceeds and more than $160 billion addition in country’s market value, sums up a bumper year for India.
- Six firms debuted on the bourses Friday, with at least three more lined up for listing over the last two days of the year.
- Among the debutants, industrial machine maker Mamata Machinery Ltd. was the biggest gainer, closing about 160% above its IPO price.
Bloomberg Quint | 27 Dec, 2024
Investors make good listing gains from 5 companies
- Mamata Machinery IPO subscribed 195 times, listed at a 147% premium on NSE.
- DAM Capital Advisors listed at a 39% premium on NSE.
- Transrail Lighting listed at a 36% premium on NSE.
- Sanathan Textiles debuted at a 31.56% premium on NSE.
- Concord Enviro Systems listed at an 18% premium on NSE.
HinduBusinessLine | 27 Dec, 2024
Mamata Machinery Records Third Highest Listing Gains In 2024, Stuck In Upper Circuit All Day
- Mamata Machinery's share price closed at a 159% premium on the stock exchanges.
- The company recorded the third highest gains on listing day this year.
- Mamata Machinery's IPO was subscribed 194.95 times, with demand led by non-institutional investors.
- The funds raised will be used to enhance the company's visibility and brand image.
Bloomberg Quint | 27 Dec, 2024
Stocks In News Today: Mamata Machinery, NMDC, DAM Capital, Mazagon Dock Shares In Focus
- Shares of Mamata Machinery, DAM Capital, NMDC, and Mazagon Dock are in focus today.
- Mamata Machinery's share price locked in upper circuit after a debut at a 146.9% premium over its issue price.
- NMDC shares traded ex-bonus, giving up minor gains in the first hour of trading.
- DAM Capital Advisors' shares gained 52.4% above the issue price after listing at a premium of 38.87%.
- Mazagon Dock Shipbuilders' share price resumed decline after a one-day rise as they traded ex-split.
- Transrail Lighting shares traded 34% higher after listing at a premium of 35.45% over the issue price.
Bloomberg Quint | 27 Dec, 2024
Mamata Machinery Shares List At 147% Premium Over Issue Price
- Shares of Mamata Machinery Ltd. debuted on the National Stock Exchange and BSE at Rs 600 apiece, at a premium of 146.91% over issue price of Rs 243.
- Mamata Machinery's IPO was subscribed 194.95 times, with demand led by non-institutional investors.
- The funds raised from the IPO will be used to enhance the company's visibility and brand image, yield liquidity to shareholders, and open its shares for the public market in India.
- Mamata Machinery started as a manufacturer of bag-making machines in 1989 and sells packaging machinery to consumer brands and bag and pouch making machines to converters and service providers.
Bloomberg Quint | 27 Dec, 2024
Mamata Machinery IPO: WIll listing justify overwhelming response?
- The Mamata Machinery IPO, which raised ₹179.38 crore, received overwhelming response from investors.
- Market buzz suggests that the stock is likely to double at the time of listing.
- The IPO received significant subscription demand, with the qualified institutional buyer (QIB) portion oversubscribed 235.88 times.
- Mamata Machinery provides end-to-end manufacturing solutions for the packaging industry and aims to gain visibility and liquidity through its listing.
HinduBusinessLine | 27 Dec, 2024
IPO Listing Live Updates: DAM Capital, Transrail, Mamata Machinery And Others Set To List On NSE, BSE
- Mamata Machinery's shares are set to debut on the stock exchanges at a 107% premium over its IPO price.
- Transrail Lighting IPO received bids worth Rs 48,575 crore, which is significantly higher than the issue size of Rs 838.9 crore.
- Mamata Machinery IPO has been subscribed 194.95 times, making it the fifth most bid offer this year.
- DAM Capital Advisors IPO received strong demand from qualified institutional buyers, with the offer subscribed 166.33 times.
Bloomberg Quint | 27 Dec, 2024
Listing Day Gains Around The Corner — What GMP Of Mamata Machinery, DAM Capital And More Indicates
- The grey market premiums of Mamata Machinery and DAM Capital Advisors have cooled off, while Concord Enviro Systems has seen a notable rise.
- Mamata Machinery's IPO is expected to list at a 104% premium over its IPO price.
- DAM Capital Advisors' IPO may see a potential listing day gain of 54.77%.
- Concord Enviro Systems' IPO may result in a potential gain of 19.12% for the share allottees.
Bloomberg Quint | 26 Dec, 2024
How To Check Mamata Machinery IPO Allotment Status? Find Latest GMP, Listing Details Here
- The initial public offering of Mamata Machinery became the 5th most subscribed issue of 2024.
- The latest GMP of Mamata Machinery was Rs 260.
- The allotment for the Mamata Machinery IPO is expected to be finalised on December 24.
- Investors can check their share allotment status on BSE and Link Intime India's websites.
Bloomberg Quint | 24 Dec, 2024
Amidst heavy IPO subscriptions Mamata Machinery, Dam Capital stand out
- Mamata Machinery's IPO was oversubscribed more than 195 times fueled by heavy demand from institutional and non-institutional investors.
- Dam Capital Advisors' IPO was subscribed nearly 82 times with significant demand from QIB and non-institutional investors.
- Transrail Lighting's IPO was oversubscribed nearly 81 times, receiving bids worth over ₹48,576 crore from 40 lakh applications.
- Sanathan Textiles and Concord Enviro Systems also witnessed healthy interest with IPOs being subscribed over 35 times and 11 times respectively.
HinduBusinessLine | 23 Dec, 2024
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Mamata Machinery Ahmedabad FAQs
Where is the Mamata Machinery Ahmedabad headquarters located?
Mamata Machinery Ahmedabad is headquartered in Ahmedabad.
How many employees does Mamata Machinery Ahmedabad have in India?
Mamata Machinery Ahmedabad currently has approximately 300+ employees in India.
Does Mamata Machinery Ahmedabad have good work-life balance?
Mamata Machinery Ahmedabad has a Work-Life Balance Rating of 3.9 out of 5 based on 10+ employee reviews on AmbitionBox. 79% employees rated Mamata Machinery Ahmedabad 4 or above, while 21% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Mamata Machinery Ahmedabad reviews for more details
Is Mamata Machinery Ahmedabad good for career growth?
Career growth at Mamata Machinery Ahmedabad is rated as poor, with a promotions and appraisal rating of 2.6. 21% employees rated Mamata Machinery Ahmedabad 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading Mamata Machinery Ahmedabad reviews for more detailed insights.
What are the pros and cons of working in Mamata Machinery Ahmedabad?
Working at Mamata Machinery Ahmedabad comes with several advantages and disadvantages. It is highly rated for job security and work life balance. However, it is poorly rated for promotions / appraisal and salary & benefits, based on 10+ employee reviews on AmbitionBox.
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