What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for Mayank Cattle Food Limited IPO?

Based on the upper price band of ₹108 and current GMP of ₹9, the estimated listing price is ₹117 (approx. 8.3% gain).

What is the expected profit per lot for Mayank Cattle Food Limited IPO?

With a lot size of 1200 shares and current GMP of ₹9, expected profit per retail application lot is approximately ₹10,800.

IPO GreyPremiumLIVE

Grey Market Intelligence

Mayank Cattle Food Limited

ListedSME

Emerging SME Services · BSE

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.

Price Band

₹108

Issue Size

₹19.44 Cr

Lot Size

1200 shares

GMP

₹9

+8.3%

Est. Listing

₹117

at current GMP

Subscribed

8.89x

overall

Open

29 Jan 2024

31 Jan 2024

Allotment

1 Feb 2024

Refund

2 Feb 2024

Demat Credit

3 Feb 2024

Listing

5 Feb 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Mayank Cattle Food Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹9+8.3%

Issue Price (Upper)

₹108

Band: ₹108

Estimated Listing Price

₹117

Upper price + GMP

Lot Size

1200 shares

Min investment ₹1,29,600

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹9	8.3%	₹117
30 Oct 2026	+₹9	8.3%	₹117
29 Oct 2026	+₹8	7.5%	₹116

About Mayank Cattle Food Limited Public Issue & Market Profile

Mayank Cattle Food Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹19.44 Crores. The shares are offered at a price band of ₹108 to ₹108 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Pricing Context:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Basis of Allotment & Listing Timeline:

Following the close of bidding on 2024-01-31, the basis of allotment is scheduled to be finalized on 2024-02-01. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Cameo Corporate Services Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Mayank Cattle Food Limited IPO GMP today?

The latest grey market premium for Mayank Cattle Food Limited IPO is ₹9, which indicates an expected listing price of ₹117.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.