Mayank Cattle Food Limited, located in Rajkot, Gujarat was founded in 1998 with a focus, on producing edible maize oil and maize cake, for cattle feed. The company’s operations encompass the sourcing of maize germ mechanized extraction, packaging, and the distribution of both maize oil and maize cake.
As of today’s date, Mayank Cattle Food Limited has a production capacity of 22,896 MT, for Maize Oil and 45,792 MT, for Maize Cake. Throughout the years the company has increased its installed capacity in order to fulfill the growing demand.
In the year 2020, Mayank Cattle Food Limited showcased its dedication to sustainability by setting up power panels that are eco-friendly on their factory grounds. These panels have a capacity of 150kva. Are being used to generate electricity, for their consumption.
Products:
1) Maize Oil (Non-edible): Mayank Cattle Food Limited is an expert, in manufacturing Maize Oil, which is also referred to as Corn Oil. They extract this oil using a 100% expeller pressed technique resulting in Unrefined Maize Oil that finds application in industries. This oil contains fatty acids, phospholipids, volatile compounds, pigments, and other impurities. Moreover, the company provides Refined Maize Oil that is ideal for cooking purposes due, to its smoke point.
2) Maize Cake (Cattle Feed): Maize Cake, a concentrate is derived as a, by-product during the extraction of Maize Oil. It offers benefits to dairy cattle feed, such as boosting milk fat content providing energy, and promoting animal health through its Vitamin E content. Mayank Cattle Food Limited demonstrates its commitment to excellence and sustainability through its range of products and friendly practices. For instance, the company installed power panels in 2020. With its presence in both agricultural sectors, the company plays a role, in the agribusiness domain.
Mayank Cattle Food IPO Complete Details:
Mayank Cattle Food IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP Of Mayank Cattle Food is Around 10 Rs.
Objects Of Issue:
A. Allocation of funds for acquiring additional plant and machinery for capital expenditure.
B. Meeting the requirements for working capital.
C. Covering expenses related to the issuance process.
D. Funding for general corporate purposes.
Promoters:
1) Bharatkumar Popatlal Vachhani:
- Age: About 59 years
- Position: Managing Director
- Education: Bachelor’s degree in Commerce from The Maharaja Sayajirao University of Baroda
- Experience: Over three decades in the cattle food manufacturing industry, agri products, and commodity exports
2) Ajay Popatlal Vachhani:
- Age: About 57 years
- Position: Wholetime Director
- Education: Bachelor of Commerce from H L College of Commerce, Ahmedabad
- Experience: Over two decades with a pivotal role in shaping the company’s strategy and driving its growth plans, serving in various capacities
FAQs:
When Mayank Cattle Food IPO is Opening?
Mayank Cattle Food IPO is Opening on 29 January 2024.
When is the Mayank Cattle Food IPO Closing?
Mayank Cattle Food IPO is Closing on 31 January 2024.
What is the Issue Size of the Mayank Cattle Food IPO?
The IPO Issue Size of Mayank Cattle Food is 19.44 Crore.
Price Band of Mayank Cattle Food IPO?
The price Band of Mayank Cattle Food IPO is 108 rupees per share.
What is the minimum investment for a Mayank Cattle Food IPO?
The minimum investment for the Mayank Cattle Food IPO is 129,600 Rupees.
Allotment Date of Mayank Cattle Food IPO?
The Allotment of Mayank Cattle Food IPO is on 01 February 2024.
Listing Date of Mayank Cattle Food IPO?
The Listing Of Mayank Cattle Food is Scheduled on 05 February 2024.
One Should Apply for Mayank Cattle Food IPO or Not?
Will Update Soon..
How to apply for Mayank Cattle Food IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Mayank Cattle Food IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Mayank Cattle Food IPO through the Upstox Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Mayank Cattle Food IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Mayank Cattle Food IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Mayank Cattle Food IPO from the list ——–> Click on Mayank Cattle Food IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of Mayank Cattle Food?
Finshore Management Services Limited is the Lead Manager of Mayank Cattle Food.
Where To Check the Allotment of Mayank Cattle Food IPO?
The allotment status for the Mayank Cattle Food IPO will be accessible on the Cameo Corporate Services Limited Website.
Mayank Cattle Food IPO is going to be listed at?
Mayank Cattle Food IPO is going to be listed at BSE SME.
What is the Lot Size of the Mayank Cattle Food IPO?
The lot size of the Mayank Cattle Food IPO is 1200 Shares.
What is the P/E Ratio of the Mayank Cattle Food IPO?
The P/E Ratio of the Mayank Cattle Food is 29.58.
What is the ROE of the Mayank Cattle Food IPO?
The ROE of the Mayank Cattle Food IPO is 32%.
What is the ROCE of the Mayank Cattle Food IPO?
The ROCE of the Mayank Cattle Food IPO is 11.27%.
What is the EPS of the Mayank Cattle Food IPO?
The EPS of the Mayank Cattle Food IPO is 3.65.
