Mamata Machinery IPO opens for subscription. Check key dates, price band, GMP and review

Mamata Machinery's Rs 179 crore IPO, entirely an offer for sale, opened for subscription on December 19 and closes on December 23. Priced at Rs 230-243 per share, the IPO enjoys a strong grey market premium of Rs 150. Analysts recommend subscribing, citing fair pricing and the company's niche in packaging machinery. Listing is expected on December 27.