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 Name | Mayank Cattle Food Limited |
| Domain of Company | Cattle Food Producer |
| Mayank Cattle Food IPO GMP Today | ₹10 |
| Mayank Cattle Food IPO Listing Gain | 9.26% |
| Mayank Cattle Food IPO Open Date | January 29, 2024 |
| Mayank Cattle Food IPO Close Date | January 31, 2024 |
| Mayank Cattle Food IPO Allotment Date | February 1, 2024 |
| Mayank Cattle Food IPO Listing Date | February 5, 2024 |
| Face Value | ₹10 per share |
| Price | ₹108 per share |
| Lot Size | 1200 Shares |
| Issue Size | 1,800,000 shares of ₹10 (aggregating up to ₹19.44 Cr) |
| Fresh Issue | 1,800,000 shares of ₹10 (aggregating up to ₹19.44 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Company Promoters | Mr. Bharatkumar Popatlal Vachhani & Mr. Ajay Popatlal Vachhani |
Mayank Cattle Food IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹10 | 9.26% | – | – |
| 28 January 2023 | ₹10 | 9.33% | – | – |
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.)
