Mayank Cattle Food Limited
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₹9(8.33%)
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Mayank Cattle Food Limited's successfully transitioned to public market status with its listing on BSE on Feb 05, 2024. The IPO mobilized 18,00,000 Shares in cumulative capital, including 18,00,000 Shares for corporate expansion.
The public offering was conducted within the price parameters of ₹108 to ₹108, with minimum investment lots of 1200 shares. subscription activity between Jan 29, 2024 and Jan 31, 2024 demonstrated market reception to the company's valuation and growth narrative.
The allotment process concluded on Feb 01, 2024, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Mayank Cattle Food Limited, incorporated in 1998, specializes in manufacturing cattle food, animal food, cattle food cake, and edible oil. The company's state-of-the-art manufacturing facility in Rajkot, Gujarat, spans 87,133 sq. ft. and has undergone multiple capacity expansions to scale operations. As of FY 2023-24, its production capacity stands at 22,896 MT per annum for maize oil and 45,792 MT per annum for maize cake. The company supplies its products to Gujarat, Delhi, and Maharashtra. With a workforce of 120 employees, including 104 workers as of December 31, 2023, Mayank Cattle Food continues to strengthen its market presence through increased production and distribution.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
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- Mr. Bharatkumar Popatlal Vachhani
- Mr. Ajay Popatlal Vachhani
Mayank Cattle Food Limited
Cameo Corporate Services Limited