Mayank Cattle Food IPO Overview: Get ready for the Mayank Cattle Food IPO excitement! The doors swing open on January 29, offering a chance to get on board this BSE SME IPO rollercoaster, and the ride lasts until January 31. Mayank Cattle Food aims to raise ₹19.44 crores through this IPO, with the price band set at ₹108 and a market lot of 1200 shares.
Stepping back to 1998, Mayank Cattle Food Limited was born with a mission – to dive into the world of manufacturing Maize oil (Non-edible) and Maize Cake (Cattle Feed). Fast forward to today, and they continue to thrive in producing these essentials. The journey involves a meticulous process, starting from the purchase of Maize Germ, followed by mechanized expelling, packaging, and finally, putting Maize Oil and Maize Cake into the hands of those who need them.
Nestled in a sprawling facility spanning approximately 87,133 sq. ft. near Khandheri Stadium, Naranka, Paddhari, Rajkot, Gujarat, Mayank Cattle Food operates with cutting-edge machinery and technology. Their strategic location on Rajkot Jamnagar Highway not only provides easy access to raw materials but also ensures seamless transportation. The area’s well-developed infrastructure offers a smooth ride, connecting them to essential resources like electricity, water, communication, and banking.
What sets them apart is not just the machinery but the dedicated and skilled workforce. Their team maintains a vigilant eye on product quality, continuously working to enhance it since their inception. It’s not just a business; it’s a journey of continuous improvement to better serve their clients.
So, if you’re looking to be part of a story that started with maize and grew into a thriving venture, mark your calendar for the Mayank Cattle Food IPO – where history meets opportunity.
Purpose of the Offering:
- Investing in our growth journey: We’re directing funds towards acquiring more plant and machinery, laying the foundation for expanded capabilities and efficiency.
- Keeping the wheels turning smoothly: We’re allocating resources to meet the day-to-day financial needs, ensuring the heartbeat of our operations remains strong.
- Covering the costs of the venture: We’re earmarking funds to meet the necessary expenses associated with the issue, ensuring a seamless and successful launch.
- Building for the future: Our financial strategy isn’t just about numbers; it’s about providing flexibility for the unexpected and supporting our overall corporate objectives.
Mayank Cattle Food IPO Review (Apply or Not)
- May Apply
Mayank Cattle Food IPO: Information on Date and Price Band.
| IPO Open: | 29-January-2024 |
| IPO Close: | 31-January-2024 |
| IPO Size: | Approx ₹19.44 Crores, 1,800,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹108 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| QIB Quota: | [.]% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
The market lot for Mayank Cattle Food IPO:
The Mayank Cattle Food IPO minimum market lot is 1200 shares with a ₹129,600 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹129,600 |
| Retail Maximum | 1 | 1200 | ₹129,600 |
| S-HNI Minimum | 2 | 2400 | ₹259,200 |
Mayank Cattle Food IPO: Allotment and Listing Dates.
The Mayank Cattle Food IPO date is January 29 and the IPO close date is January 31. The IPO allotment date is February 1 and the IPO might list on February 5.
| IPO Open Date: | 29-January-2024 |
| IPO Close Date: | 31-January-2024 |
| Basis of Allotment: | 1-February-2024 |
| Refunds: | 2-February-2024 |
| Credit to Demat Account: | 2-February-2024 |
| IPO Listing Date: | 5-February-2024 |
You may monitor the subscription status and allotment status of the IPO on their respective pages.
Mayank Cattle Food IPO Form:
Ready to be part of the Mayank Cattle Food IPO excitement? Here’s how you can jump on board:
Online Adventure: If you love the ease of online banking, log in to your account, navigate to the Invest section, and choose Mayank Cattle Food IPO under ASBA. It’s as simple as a few clicks, and you’re on your way to joining the IPO action!
Traditional Charm: If you prefer a more traditional approach, no worries! Grab the IPO forms from the BSE website. Head to their site, click on BSE IPO Forms download, fill in the details, and hand in your masterpiece at your bank or pass it on to your broker. Whether you’re a tech enthusiast or enjoy the tangible feel of paper, we’ve got you covered for a smooth ride into the Mayank Cattle Food IPO journey!
Mayank Cattle Food Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹186.53 | ₹185.56 | ₹0.72 |
| 2022 | ₹323.00 | ₹321.86 | ₹0.80 |
| 2023 | ₹309.58 | ₹307.81 | ₹1.31 |
| 2023 6M | ₹75.27 | ₹74.24 | ₹0.57 |
Mayank Cattle Food IPO Valuation – FY2023
Check Mayank Cattle Food IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹3.65 per Equity Share |
| Price/Earning P/E Ratio: | 29.59 |
| Return on Net Worth (RoNW): | 27.61% |
| Net Asset Value (NAV): | ₹13.22 per Equity Share |
Peer Group
- NA
Company Promoters
- Mr. Bharatkumar Popatlal Vachhani
- Mr. Ajay Popatlal Vachhani
Mayank Cattle Food IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
Mayank Cattle Food IPO Allotment Status
Check Mayank Cattle Food IPO allotment status on Cameo Corporate Services website URL. Click Here
Mayank Cattle Food IPO Lead Managers aka Merchant Bankers
- Finshore Management Services Limited
Company Address
Mayank Cattle Food Limited
R. S. No. 162, Rajkot Jamnagar Highway
Near Khandheri Stadium, Vill. Naranka, Tal. Paddha
Rajkot, Gujarat, 360110,
Phone: +91 90333 33123
Email: cs@mayankcattlefood.com
Website: https://www.mayankcattlefood.com/
