Mayank Cattle Food IPO GMP Today ( Grey Market Premium )

Mayank Cattle Food IPO GMP Today

The Mayank Cattle Food IPO commenced on January 29, 2024, and concluded on January 31, 2024. The allotment of shares took place on February 1, 2024, and the initiation of refunds began on February 2, 2024. The shares were credited to the demat accounts of investors on February 2, 2024. Finally, the listing of Mayank Cattle Food on the stock exchange occurred on February 5, 2024.

The Mayank Cattle Food IPO was priced at ₹108 per share, with a lot size of 1200 shares. The total issue size was ₹19.44 crores, comprising a fresh issue of 19.44 crores. The IPO was listed on the BSE SME.

In terms of quota reservations, the other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.

Mayank Cattle Food IPO Basic Details

Company NameMayank Cattle Food Limited
Domain of CompanyCattle Food Producer
Mayank Cattle Food IPO GMP Today₹10
Mayank Cattle Food IPO Listing Gain9.26%
Mayank Cattle Food IPO Open DateJanuary 29, 2024
Mayank Cattle Food IPO Close DateJanuary 31, 2024
Mayank Cattle Food IPO Allotment DateFebruary 1, 2024
Mayank Cattle Food IPO Listing DateFebruary 5, 2024
Face Value₹10 per share
Price₹108 per share
Lot Size1200 Shares
Issue Size1,800,000 shares of ₹10
(aggregating up to ₹19.44 Cr)
Fresh Issue1,800,000 shares of ₹10
(aggregating up to ₹19.44 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE SME
Company PromotersMr. Bharatkumar Popatlal Vachhani
& Mr. Ajay Popatlal Vachhani

Mayank Cattle Food IPO GMP Today:

DateGMPListing GainKostakSubject to
Today₹109.26%
28 January 2023₹109.33%

Mayank Cattle IPO Details:

Established in 1998, Mayank Cattle Food Limited is a company dedicated to producing Cattle Food, Animal Food, Cattle Food Cake, and Edible Oil.

Our manufacturing facility, located in Rajkot, Gujarat, spans an area of about 87,133 sq. ft., equipped with cutting-edge machinery and technology.

With a current production capacity of 22,896 MT per annum for Maize Oil and 45,792 MT per annum for Maize Cake, the company expanded its capabilities in the fiscal year 2023-24. The Maize Oil capacity increased from 18,126 MT to 22,896 MT per annum, and the Maize Cake capacity increased from 36,252 MT to 45,792 MT per annum. Similar expansions occurred in the fiscal year 2021-22, with the Maize Oil capacity growing from 14,310 MT to 18,126 MT per annum and the Maize Cake capacity from 28,620 to 36,252 MT per annum. These expansions were undertaken to scale up operations and strengthen the company’s market presence.

We supply our products to Gujarat, Delhi, and Maharashtra.

As of December 31, 2023, Mayank Cattle Food Limited employs 120 individuals, with 104 of them being workers.

Mayank Cattle Food IPO More Details Click Here

Mayank Cattle Food IPO FAQs

When is Mayank Cattle Food IPO open?

Mayank Cattle Food IPO will open on 29 January 2024.

When is Mayank Cattle Food IPO Close?

Mayank Cattle Food IPO will be closed on 31 January 2024.

What is Mayank Cattle Food IPO GMP Today?

The Mayank Cattle Food IPO GMP aka Grey Market Premium is ₹10.

What is Mayank Cattle Food IPO Kostak Rates Today?

The Mayank Cattle Food IPO Kostak Rate is ₹000.

What is Mayank Cattle Food IPO Subject to Sauda Price Today?

The Mayank Cattle Food IPO subject to sauda rates is ₹000.

Mayank Cattle Food IPO Expected Returns?

The Mayank Cattle Food expected return is 9.33%.

How much will be the listing gain in Mayank Cattle Food IPO?

Mayank Cattle Food IPO will get listing gain of 9.33%. (Approx.)

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