Mayank Cattle Food Limited IPO

BSE SME

Listed On: Feb 5, 2024 at ₹ 116.0

₹ 129600 /1200 Shares

Check Allotment

Mayank Cattle Food Limited IPO Details

29 Jan, 2024

Open Date

31 Jan, 2024

Close Date

01 Feb, 2024

Allotment Date

05 Feb, 2024

Listing Date

Issue Price

₹108 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Cameo Corporate Services Limited

List Price

116.0

Listing Date

2024-02-05

Market Lot

1200 Shares (₹129,600/-)

Lead Manager

Finshore Management Services Limited

Issue Size

1,800,000 shares(aggregating up to ₹19.44 Cr)

Retail Portion

50%

Subscription

8.89 times

IPO Docs

DRHP RHP

Mayank Cattle Food Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	854,400	854,400	1,708,800
Day 1 - 29-01-24 06:00 PM	0.46 x	1.10 x	0.78 x
Day 2 - 30-01-24 06:00 PM	1.34 x	4.16 x	2.75 x
Day 3 - 31-01-24 06:00 PM	6.02 x	11.77 x	8.89 x

Mayank Cattle Food Limited Valuations

EPS Pre IPO

₹3.65/-

EPS Post IPO

₹3.19/-

P/E Pre IPO

29.58

P/E Post IPO

33.89

RoNW

27.61%

Mayank Cattle Food Limited Company Financials All values are in ₹ Lakh

	31-Mar-23	31-Mar-22	31-Mar-21
Assets	4,893.64	4,163.85	3,433.62
Revenue	30,958.14	32,300.17	18,652.89
Profit After Tax	131.43	79.92	71.81

About The Company

Mayank Cattle Food Limited is an Oil company engaged in the business of manufacturing Cattle Food, Animal Food, Cattle Food Cake and Edible Oil.

The company operates a manufacturing facility equipped with the latest machinery and technology, situated in Rajkot, Gujarat. The facility covers an area of approximately 87,133 sq. ft.

The company currently has a production capacity of 22,896 MT per annum for Maize Oil and 45,792 MT per annum for Maize Cake. In the financial year 2023-24, the company expanded its installed capacity from 18,126 MT per annum to 22,896 MT per annum for Maize Oil and 36,252 MT per annum to 45,792 MT per annum for Maize Cake. Similarly, in the financial year 2021-22, the company expanded its installed capacity from 14,310 MT per annum to 18,126 MT per annum for Maize Oil and from 28,620 to 36,252 MT per annum for Maize Cake. These expansions aimed to increase the scale of operations and enhance the company's market presence.

Products are supplied to Gujarat, Delhi and Maharashtra by the company.

As of December 31, 2023, the company has 120 employees, out of which 104 are workers.

Mayank Cattle Food Limited - Promoter(s)

Pre Issue Share Holding: 97.50%

Post Issue Share Holding: 65.00%

Company Promoter(s)

Mr. Bharatkumar Popatlal Vachhani
Mr. Ajay Popatlal Vachhani

Mayank Cattle Food Limited IPO - Issue Objectives

Funding Capital Expenditure towards the purchase of additional plant and machinery
To meet the Working Capital Requirements
To meet the Issue Expenses
General Corporate Purposes

Mayank Cattle Food Limited IPO - FAQs

Ans. Mayank Cattle Food Limited IPO is a SME IPO. The issue is priced at ₹108 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Jan 29, 2024, and closes on Jan 31, 2024. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Mayank Cattle Food Limited IPO opens on Jan 29, 2024 and closes on Jan 31, 2024.

Ans. The size of Mayank Cattle Food Limited IPO is 1,800,000 shares(aggregating up to ₹19.44 Cr).

Ans. The IPO price band is set between ₹108 per equity share.

Ans. To apply for Mayank Cattle Food Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Mayank Cattle Food Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Mayank Cattle Food Limited IPO is Feb 1, 2024.

Ans. The Mayank Cattle Food Limited IPO will be listed on Feb 5, 2024.

Ans. Follow the steps to check the allotment status for Mayank Cattle Food Limited IPO here.