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MAMANASDAQMarket closedOpens 9:30am ET

Mama's Creations, Inc.

$12.87Last updated
-$0.28 (2.13%)Past day
Timezone

Mama's Creations, Inc. (NASDAQ: MAMA) is trading at $12.87, about ₹1,236 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 2.13% today. Indian residents can buy Mama's Creations from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$13.11
Previous close:$13.15
Volume:663.49K

Today's low

$12.70

Today's high

$13.18

52 week low

$9.90

52 week high

$21.00

MAMA opened at $13.11, closed previously at $13.15, and has traded between $9.90 and $21.00 over the past 52 weeks.

About

Based in East Rutherford, New Jersey, Mama's Creations, Inc., established in 2010, specializes in the production and distribution of various chilled, ready-to-eat food items throughout the United States. Their extensive product line includes an array of prepared meals such as beef and turkey meatballs, meatloaf, chicken dishes, an assortment of sausage products, and pasta entrees. Additionally, the company supplies offerings for hot and salad bars, prepared food counters, sandwich stations, and cold deli/grab-and-go sections. These products are distributed through diverse channels, including direct sales to major grocery chains, club stores, and large-scale retailers, alongside sales to food distributors and other retail outlets, as well as directly to consumers via its official website. The company officially rebranded to Mama's Creations, Inc. in August 2023, having previously operated as MamaMancini's Holdings, Inc.

Country
US
CEO
Adam L. Michaels
Exchange listed on
NASDAQ
Industry
Packaged Foods
Base currency
USD
Full Time Employees
581
Sector
Consumer Defensive
IPO date
19/07/2021

Key statistics

Avg. volume

676.40K

Market cap

$598.42M

P/E Ratio

71.10

Price-to-sales ratio

2.87

Enterprise value

$581.94M

Free cash flow yield

1.66%

Debt-to-equity ratio

0.08

Return on equity

10.05%

ROIC

9.56%

Beta

0.56

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

$171.71M

Earnings per share

$0.14

Free cash flow

$9.77M

Net profit margin

3.54%

Gross margin

24.25%

EBITDA

$14.71M

Revenue growth

39.23%

Similar securities

This is not an investment recommendation

How to buy Mama's Creations from India

Indian residents can buy Mama's Creations shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for Mama's Creations and place an order

    Find Mama's Creations by name or by its ticker, MAMA, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Mama's Creations trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Mama's Creations position in USD and INR. Mama's Creations pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.

Read the full guide: how to invest in Mama's Creations from India

Trading and taxes when buying Mama's Creations from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
NoneMama's Creations does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy Mama's Creations stock?

Yes. Mama's Creations (MAMA) has been listed on NASDAQ since 2021, in the Packaged Foods industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one Mama's Creations share cost in rupees?

One Mama's Creations share is $12.87 — about ₹1,236 at a USD/INR rate of 96.07 on 28 Sep 2026. Both the Mama's Creations price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Mama's Creations from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy whole shares of Mama's Creations?

Yes. One Mama's Creations share is $12.87, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Mama's Creations.

How are gains on Mama's Creations shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Mama's Creations price. Paasa issues a capital-gains statement for your return.

Does Mama's Creations pay a dividend?

No. Mama's Creations does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.

When can I trade Mama's Creations from India?

NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on Mama's Creations shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare Mama's Creations shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Mama's Creations holding, its cost and its closing value.

How do I sell Mama's Creations and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.