Multibagger on Debut! Mamata Machinery shares list at 147% premium vs IPO price

Mamata Machinery shares listed at a premium of 146.91%, debuting at Rs 600 against an issue price of Rs 243. The IPO was subscribed 194 times despite market downtrend. Analysts suggest profit booking for conservative investors while recommending long-term holding, highlighting the company's potential in the automation and packaging sector.