Mayank Cattle Food Limited IPO
Mayank Cattle Food Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹108 per share. The stock debuted at ₹116, delivering a listing gain of 7.4%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,29,600.
Mayank Cattle Food Limited IPO
- IPO Dates
- Jan 29, 2024 – Jan 31, 2024
- Price band
- ₹108 per equity share
- Minimum Investment
- ₹1,29,600
- Issue size
- ₹19.44 Cr
- Lot size
- 1200
- Allotment Date
- Feb 1, 2024
- Listing
- Feb 5, 2024
- Listing At
- BSE SME
IPO timeline
-
Jan 29, 2024
Open Date
Completed
-
Jan 31, 2024
Close Date
Completed
-
Feb 1, 2024
Allotment Date
Completed
-
Feb 5, 2024
Listing Date
Completed
Mayank Cattle Food Limited IPO Essentials
Mayank Cattle Food Limited IPO Details
Mayank Cattle Food Limited IPO is priced at ₹108 per share with a total issue size of 19.44 crore. The IPO has a lot size of 1200 shares and is listed on BSE SME.
- Issue price
- ₹108 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,800,000 shares(aggregating up to ₹19.44 Cr)
- Total issue size
- 18,00,000 shares
(aggregating up to ₹19.44 crore) - Fresh issue
- 18,00,000 shares
(aggregating up to ₹19.44 crore) - Listing at
- BSE SME
- List price
- 116.0
- Listing date
- Registrar
- Cameo Corporate Services Limited
- Lead manager
-
Finshore Management Services Limited
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,29,600 |
| Retail(max) | 1 | 1200 | ₹1,29,600 |
| NII (min) | 2 | 2,400 | ₹2,59,200 |
Mayank Cattle Food Limited IPO Reservation
Mayank Cattle Food Limited IPO reservation details show category-wise allocation of shares. Out of the total 1,800,000 shares, approximately 47.47% for retail investors, and 5% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 90,000 (5%) | |
| Retail Shares Offered | 854,400 (47.47%) | |
| Total Shares Offered | 1,800,000 (100%) |
Mayank Cattle Food Limited IPO Analytics
Mayank Cattle Food Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Mayank Cattle Food Limited IPO Subscription Status
Mayank Cattle Food Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS Pre IPO
- ₹3.65/-
- EPS Post IPO
- ₹3.19/-
- P/E Pre IPO
- 29.58
- P/E Post IPO
- 33.89
Returns
- ROE
- 32%
- ROCE
- 11.27%
- RoNW
- 27.61%
Fundamentals
- Debt / Equity
- 9.13
- Price / Book
- 0.45
Mayank Cattle Food Limited Financials( In Lakhs)
| 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 |
| Net Worth | 475.99 | 344.56 | 264.63 |
| Reserves & Surplus | 455.99 | 324.56 | 244.63 |
| Total Borrowing | 3,961.00 | 3,163.53 | 2,531.49 |
Mayank Cattle Food Limited Company & Offer Insights
About Mayank Cattle Food Limited
Incorporated in 1998, 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 has a manufacturing facility equipped with the latest machinery and technology. The facility is located in Rajkot, Gujarat, and it has an area of about 87,133 sq. ft.
The available capacity of Maize Oil is 22,896 MT per annum, while for Maize Cake it is 45,792 MT per annum. In the year 2023-24, installed capacity was increased from 18,126 MT per year for Maize Oil to 22,896 MT per year and from 36,252 MT per year to 45,792 MT per year for Maize Cake. Correspondingly, during the financial year 2021-22, installed capacity has increased from 14,310 MT per annum for Maize Oil to 18,126 MT per annum and for Maize Cake, from 28,620 to 36,252 MT per annum to achieve the increase in scale of operation as well as improvement in market presence.
The products supplied by the company are sold in the states of Gujarat, Delhi, and Maharashtra.
By 31 December 2023, the company has 120 employees. Of those, 104 are workers.
Mayank Cattle Food Limited Promoter(s)
Mr. Bharatkumar Popatlal Vachhani, Mr. Ajay Popatlal Vachhani are the company's promoters of Mayank Cattle Food Limited.
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
Contact Information
Contact Details
Mayank Cattle Food Limited
+91 90333 33123
https://www.mayankcattlefood.com/
R. S. No. 162, Rajkot Jamnagar Highway Near Khandheri Stadium, Vill. Naranka, Tal. Paddha Rajkot, Gujarat, 360110
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Mayank Cattle Food Limited IPO is a Fixed Priced IPO worth ₹19.44 crore. The issue price is ₹108 per share (fixed price). The IPO opens on Jan 29, 2024 and closes on Jan 31, 2024. It will be listed on BSE SME Platform. Cameo Corporate Services Limited is the registrar.
The issue price of Mayank Cattle Food Limited IPO is ₹108 per share (fixed price).
The lot size of Mayank Cattle Food Limited IPO is 1200 shares.
The minimum investment for Mayank Cattle Food Limited IPO is approximately ₹1,29,600 based on the issue price .
Mayank Cattle Food Limited IPO opens on Jan 29, 2024 and closes on Jan 31, 2024.
The allotment date of Mayank Cattle Food Limited IPO is Feb 1, 2024.
Mayank Cattle Food Limited IPO is expected to be listed on Feb 5, 2024, on BSE SME Platform.
Mayank Cattle Food Limited IPO valuation snapshot: P/E 33.89, EPS ₹3.19/-, P/B 0.45, RoNW 27.61%, and market cap N/A.
To apply for Mayank Cattle Food Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Mayank Cattle Food Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Mayank Cattle Food Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Mayank Cattle Food Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Mayank Cattle Food Limited IPO allotment status on IPO Ji for quick and easy access.