Mamata Machinery Ltd. IPO

We manufacture and export plastic bags and pouch making machines, packaging machines and extrusion equipment. We provide end-to-end manufacturing solutions for the packaging industry. Products manufactured using our machines are used across several industries as packaging applications, such as ... the packing of food and FMCG products. We primarily sell our packaging machinery to direct consumer brands catering to the FMCG, Food, & Beverage Industry and bag and pouch making machines to convertors and service providers who, in turn, mainly catering the FMCG and consumer industry. Our machineries are also utilised in non-packaging applications, such as e-commerce bags and garment packaging bags. We consistently endeavour to expand our product offerings and solutions to our customers. Our Company also provides after-sales service to our customers. As part of our focus on innovation, we have launched new and advanced machines from time to time. Our process for manufacturing machines starts after our marketing department finalizes the machine dispatch schedule and the material requirements planning. The manufacturing process consists of Design and software development for mechanical design of machines, body fabrication executed with third party on behalf of our Company, mechanical components manufactured by third parties on behalf of our Company, Sub-assemblies, Assembly, Painting & Final Integration encompassing sub-assemblies mounted onto main machine frame and integrated into the machines followed by electrical wiring and electronic integration completed by Testing and Final Dispatch. Read more

The global economy is expected to report a moderate further to 3% GDP growth in CY 2023 and 2.9% in CY 2024. Meanwhile, GDP growth in Emerging and Developing Asia (India, China, Indonesia, Malaysia etc.) is expected to increase from 4.4% in CY 2022 to 5.3% in CY 2023. According to the Economic ... Survey 2022-23, India ranks as the world's third-largest economy in PPP terms and the fifth largest in terms of GDP. The substantial economic size has created fresh business prospects globally, particularly in the packaging industry. Currently, Indian packaging sector is dominated by rigid packaging segment. However, the penetration of flexible packaging  materials is increasing steadily. As per industry sources, the market size of global packaging machinery market was estimated to value at USD 46.8 Bn in 2022 which is slated to grow to USD 60.8 Bn by 2028, witnessing 4.5% CAGR increase between 2022-28. The export of packaging machinery has displayed a remarkable trajectory over the given years. In FY 2019, the export value stood at INR 13.9 billion, and by FY 2023, it reached an impressive INR 23.8 billion. The CAGR over this period stands at a remarkable 14%, indicative of sustained and substantial growth. The flexibility in transportation and storage along with superior barrier properties is helping in the growth of flexible packaging materials. With demand for products like packaged food and personal care products increasing, usage of flexible packaging materials – which is the preferred packaging material in food & beverage industry – would increase. Read more