
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
+8.3%
Est. Listing
₹117
at current GMP
Subscribed
8.89x
overall
Open
29 Jan 2024
Close
31 Jan 2024
Allotment
1 Feb 2024
Refund
2 Feb 2024
Demat Credit
3 Feb 2024
Listing
5 Feb 2024
Overall Subscription
8.89x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
6.02x
High Net-Worth
Retail (RII)
11.75x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 854,400 | 5,142,000 | 6.02x |
| RETAIL | 855,600 | 10,052,400 | 11.75x |
| Total | 1,710,000 | 15,194,400 | 8.89x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 525 | 6,169 | 11.75x |
| HNIs (10L +) | 3 | 18 | 6.02x |
| HNIs (2-10L) | 16 | 96 | 6.02x |
| Total Applications | 544 | 6,283 | 11.55x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
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.
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.
The latest Grey Market Premium (GMP) for Mayank Cattle Food Limited IPO is ₹9 per equity share. Based on the upper price band of ₹108 to ₹108 per equity share, the estimated listing price is ₹117 (+8.3% expected listing gain).
With a lot size of 1200 shares and current GMP of ₹9, the expected profit per application lot is approx ₹10,800 (+8.3% gain). Minimum application cost is approx ₹1,29,600.
The Mayank Cattle Food Limited IPO aggregate issue size is ₹19.44 Crores with an equity price band set at ₹108 to ₹108 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,29,600.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 8.89x (Retail: 11.75x, QIB: 0.00x, NII: 6.02x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2024-02-01. Investors can verify status using PAN card or application number.
Mayank Cattle Food Limited shares are scheduled to list on BSE on 2024-02-05.