Mayank Cattle Food
Mayank Cattle Food Info
Details about the Mayank Cattle Food IPO. Opening Date of Mayank Cattle Food is 29 Jan 24 and Closing Date is 31 Jan 24 . Face Value of Each share of Mayank Cattle Food is ₹10 per share. Fixed price of Mayank Cattle Food is ₹108. The Lot size of Mayank Cattle Food is 1,200 shares. Total issue size of Mayank Cattle Food IPO is ₹19.44 cr. Fresh Issue of Mayank Cattle Food IPO is 19.44 cr. This is a Fixed Price Issue IPO. Expected to list on BSE SME. Share Holding Pre Issue of Mayank Cattle Food is 3,600,000. Share Holding Post Issue of Mayank Cattle Food is 5,400,000.
Business Summary
Mayank Cattle Food Limited is engaged in manufacturing of Maize Cake & Maize Oil (Non-edible). The business process involves purchase of the Maize Germ, then mechanized expelling, packaging and selling of the Maize Oil and Maize Cake
The company operates a manufacturing facility that is equipped with the latest machinery and technology which is spread over approx. 87,133 sq.ft. situated at Rajkot
At present, Company has a production capacity of 22,896 MT per annum of Maize Oil and 45,792 MT per annum of Maize Cake. During the financial year 2023-24, Company has expanded their installed capacity from 18126 MT per annum to 22,896 MT per annum of Maize Oil and 36,252 MT per annum to 45,792 MT per annum of Maize Cake and during financial year 2021-22, They have expanded the installed capacity from 14310 MT per annum to 18126 MT per annum of Maize Oil and 28,620 to 36,252 MT per annum of Maize Cake with a view towards expanding the scale of operations and increasing the market presence.
Mayank Cattle Food IPO Details
| Open Date | 29 Jan 24 |
|---|---|
| Close Date | 31 Jan 24 |
| Face Value | ₹10 per shares |
| Price | ₹108 |
| Lot Size | 1,200 Shares |
| Total issue Size | 1,800,000 Shares ₹19.44 cr |
| Fresh Issue | 1,800,000 Shares ₹19.44 cr |
| Issue Type | Fixed Price Issue |
| Listing At | BSE SME |
| Share Holding Pre Issue | 3,600,000 |
| Share Holding Post Issue | 5,400,000 |
| Market Maker | Rikhav Securities |
| Market Maker Portion | 90,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Mayank Cattle Food IPO Timeline
The Mayank Cattle Food Initial Public Offering (IPO) is set to open on 29 Jan 24 and will end its subscription phase on 31 Jan 24. You can check your allotment status for Mayank Cattle Food on 01 Feb 24. The refund process for your funds will start promptly on 02 Feb 24. Mayank Cattle Food IPO credit of shares will be on 02 Feb 24. The listing date for Mayank Cattle Food is on 05 Feb 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Mayank Cattle Food IPO Reservation
The Mayank Cattle Food IPO reserves shares for different investor categories. Approximately 50% of the Net Issue will be available for NII, 50% of the Net Issue will be available for Retail,
90,000 Shares will be reserved for subscription by Rikhav Securities
| Investor Category | Shares Offered |
|---|---|
| NII | 50% of the Net Issue |
| Retail | 50% of the Net Issue |
Mayank Cattle Food IPO Lot Size
Bids can be made for minimum of 1200 shares and in multiple of 1200 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 129,600 |
| Retail (Max) | 1 | 1,200 | 129,600 |
| HNI (Min) | 2 | 2,400 | 259,200 |
Mayank Cattle Food IPO Promoters Holding
Promoters holding details for Mayank Cattle Food in the current issue is as follows: The share holding of promoters before the issue stands at 97.5%, and after the issue, it has been adjusted to 65%.
Promoters of Mayank Cattle Food are Mr. Bharatkumar Popatlal Vachhani, Mr. Ajay Popatlal Vachhani,
| Share Holding Pre Issue | 97.5% |
|---|---|
| Share Holding Post Issue | 65% |
Mayank Cattle Food Financial Information
Financial performance details for Mayank Cattle Food over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Jul 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 5,122.44 | 4,893.64 | 4,163.85 | 3,433.62 |
| Revenue | 7,527.15 | 30,958.14 | 32,300.17 | 18,652.89 |
| Profit After Tax | 57.37 | 131.43 | 79.92 | 71.81 |
Mayank Cattle Food IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Mayank Cattle Food are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 29.58 |
| ROCE | 11.27% |
| ROE | 32% |
| RoNW | 27.61% |
| EPS (Rs) | 3.65 |
Object of the Issue
- • Funding Capital Expenditure towards purchase of additional plant and machinery
- • To meet the Working Capital Requirements
- • To meet the Issue Expenses
- • General Corporate Purposes
Contact Details for Mayank Cattle Food
Phone
Office
R. S. No. 162, Rajkot Jamnagar Highway, Near Khandheri Stadium, Vill. Naranka, Tal. Paddhari, Rajkot, Gujarat,
Registrar Details for Mayank Cattle Food
Cameo Corporate Services Limited
Phone
Office
Subramanian Building”, No. 1, Club House Road, Chennai -600002, India
Lead Manager
- • Finshore Management Services Limited