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Mayank Cattle Food Limited

Fixed Price Issue IPO · BSE

Price band
₹108 - ₹108
Lot size
1,200 shares
Issue amount
₹19.44 cr
Total subscription
8.89×
Current price₹105
Listing price ₹116
Watch live price ↗
Opens
29 Jan 2024
Closes
31 Jan 2024
Allotment
1 Feb 2024
Listing
5 Feb 2024

Offer at a glance

Issue overview

Issue size
18,00,000 shares
Face value
₹10 Per Equity Share
Minimum investment
₹1,29,600
Fresh issue
₹19.44 cr
Offer for sale
₹0 cr
Registrar
Cameo Corporate Services Limited
Listing exchange
BSE
Maximum investment
₹1,29,600
Issue type
Fixed Price Issue IPO
Shares before issue
36,00,000
Shares after issue
54,00,000

Lot sizes

CategoryLotsSharesAmount
RETAIL11,200₹1,29,600
HNI22,400₹2,59,200

Share reservation

Retail47.53%
NII(HNI)47.47%
Market Maker5%

Subscription & GMP

Subscription by category

Total subscribed8.89×

Missing multiples are calculated from bids and offered shares when available.

NIB6.02×
RETAIL11.75×

GMP history

04.5913 Mar: ₹920 Nov: ₹9
13 Mar₹920 Nov

Subscription demand

Amounts in ₹ crore. HNI subcategories are included in the NII total.

CategoryOfferedDemand
RETAIL9.24108.57
NIB9.2355.53

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
010,00020,00030,00040,000Mar 2021 · Revenue: 18,652.89Mar 2021 · Profit after tax: 71.81Mar 2021Mar 2022 · Revenue: 32,300.17Mar 2022 · Profit after tax: 79.92Mar 2022Mar 2023 · Revenue: 30,958.14Mar 2023 · Profit after tax: 131.43Mar 2023Jul 2023 · Revenue: 7,527.15Jul 2023 · Profit after tax: 57.37Jul 2023
RevenueProfit after tax

Key performance indicators

MetricValues
EPS3.65
ROE32
ROCE11.27
RONW27.61
PRE IPO(PE)29.58
POST IPO(PE)33.89

Values and labels as reported in the issue data.

Company information

Company profile

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.

Promoters

Mr. Bharatkumar Popatlal Vachhani

Mr. Ajay Popatlal Vachhani

Registrar & documents

Lead manager

Finshore Management Services Limited

Registered office

R. S. No. 162, Rajkot Jamnagar Highway Near Khandheri Stadium, Vill. Naranka, Tal. Paddha Rajkot, Gujarat, 360110,

+91 90333 33123

[email protected]Company website ↗

Understanding MCFL IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.