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Mayank Cattle Food Limited

Mayank Cattle Food Limited

listed
₹1.30LMin. investment

Mayank Cattle Food Limited IPO Details

Price range₹108 – ₹108
IPO type
SME
Lot size1200 shares
Issue size₹19.44Cr

Mayank Cattle Food Limited Timeline

  1. Bid start
    29 Jan 2024
  2. Bid end
    31 Jan 2024
  3. Allotment
    31 Jan 2024
  4. Release of funds
    2 Feb 2024
  5. Demat transfer
    1 Feb 2024
  6. Listing
    5 Feb 2024

About  Mayank Cattle Food Limited

Established in 1998, Mayank Cattle Food Limited has positioned itself as a prominent player in the manufacturing industry, focusing on the production of Maize oil (Non-edible) and Maize Cake (Cattle Feed). With a steadfast commitment to quality and innovation, the company has successfully navigated the intricacies of the market, consistently delivering high-grade products.
The core business operations involve a meticulous process, starting with the procurement of Maize Germ, followed by mechanized expelling, packaging, and the subsequent sale of Maize Oil and Maize Cake. This comprehensive approach underscores their dedication to maintaining control and excellence throughout the production chain.
Mayank Cattle Food Limited attributes its success to a dynamic leadership team that serves as the driving force behind strategic decision-making. Their adept management not only oversees day-to-day affairs but also leverages industry knowledge to gain a competitive edge. This advantage has empowered the company to expand its footprint in existing markets such as Gujarat, Delhi, and Maharashtra, while also venturing into new territories for sustained growth.
The company takes pride in its diversified customer base and employs various revenue channels for product distribution. Marketing agents, brokers, and direct-to-consumer sales form integral components of their outreach strategy, ensuring a wide market presence.
At the heart of Mayank Cattle Food Limited's operations is a state-of-the-art manufacturing facility equipped with modern machinery and a robust infrastructure. The dedicated and skilled workforce diligently oversees the production process, maintaining a vigilant eye on product quality. Continuous efforts have been made since the company's inception to enhance and refine the quality of their offerings, a testament to their unwavering commitment to client satisfaction.
In conclusion, Mayank Cattle Food Limited stands as a testament to successful business practices, blending innovation, quality, and strategic decision-making to establish a strong presence in the competitive landscape of Maize oil and Maize Cake manufacturing. Their journey, marked by consistent improvement and expansion, positions them as a formidable player in the industry.
As Mayank Cattle Food Limited gears up for its Initial Public Offering (IPO), the generated proceeds from the Fresh Issue will be strategically allocated to crucial objectives.
  1.  Funding Capital Expenditure towards purchase of additional plant and  machinery
      2.  To meet the Working Capital Requirements
      3.To meet the Issue Expenses
      4.General Corporate Purposes
Here are key details about the Mayank Cattle Food Limited IPO:
Company NameMayank Cattle Food Limited Mayank Cattle Food Limited IPO Opening DateJanuary 29, 2024
Company Established On1998Mayank Cattle Food Limited IPO Price band₹108 per share

Checklist

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Mayank Cattle Food Limited Contact Details

Company NameMayank Cattle Food Limited

How to apply for Mayank Cattle Food Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Mayank Cattle Food IPO FAQs

Investors can apply for the Mayank Cattle Food Limited through their Demat account via the stock exchange or through their broker.
The issue size of the Mayank Cattle Food Limited is 19.44 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Mayank Cattle Food Limited will be open between 2024-01-29 and 2024-01-31.
Mayank Cattle Food Limited allotment date is 2024-02-01. For Mayank Cattle Food Limited allotment status check, you can visit the website of the registrar of the IPO.
For Mayank Cattle Food Limited, the IPO registrar is Cameo Corporate Services Limited. You can check Mayank Cattle Food Limited allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Mayank Cattle Food Limited shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Mayank Cattle Food Limited lot size is 1200 and minimum order quantity is 1200.
Mayank Cattle Food Limited has set the price band for its IPO at 108 per equity share with a face value of 10.