Mayank Cattle Food Limited

Company Profile
Company Name Mayank Cattle Food Limited
Open Date 29-01-2024
Close Date 31-01-2024
Exchange BSE SME
Lot Size 1200 Shares
Issue Price ₹108 per share
Issue Size 18,00,000 shares
Application Amount ₹1,29,600
Recommendation Avoid
Mayank Cattle Food Limited was originally incorporated in the year 1998 and has its registered office in Rajkot, Gujarat.The Company is engaged in manufacturing Maize Cake & Maize Oil (Non-edible). The business process involves the purchase of the Maize Germ, then mechanized expelling, packaging and selling of the Maize Oil and Maize Cake.The company has a diversified customer base covering states majorly like Gujarat, Delhi and Maharashtra. The company mainly markets its product through different revenue channels which include marketing agents, brokers and direct-to-consumers.As of the date of the prospectus, the Company had 120 employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Jul-23
Total Assets 3,433.62 4,163.86 4,893.63 5,122.44
Net Assets 264.63 344.56 475.99 533.37
Total Borrowings 2,531.50 3,163.53 3,961.00 3,788.35
Total Revenue 18,652.8 32,300.1 30,958.14 7,527.15
Profit After Tax 71.81 79.94 131.69 57.37

Tentative Timeline

Opening Date 29-01-2024
Closing Date 31-01-2024
Basis of Allotment 01-02-2024
Initiation of Refunds 02-02-2024
Credit of Shares to Demat 02-02-2024
Listing Date 05-02-2024

Objects of the Issue

Funding Capital Expenditure towards the purchase of additional plant and machinery.
Funding working capital requirements of the Company.
To meet the Issue Expenses.
General Corporate Purposes.

Contact Information

Registered Office Mayank Cattle Food Limited R. S. No. 162, Rajkot Jamnagar Highway Near Khandheri Stadium, Vill. Naranka, Tal. Paddha Rajkot, Gujarat, 360110
Phone +91 90333 33123

Registrar Details

Name Cameo Corporate Services Limited
Phone +91-44-28460390

IPO Reservation

Anchor Investor Shares Offered -
Market Maker Shares Offered 90,000 (5.00%)
Other Shares Offered 855,600 (47.53%)
Retail Shares Offered 854,400 (47.47%)
Total Shares Offered 1,800,000 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 97.50%
Share Holding Post Issue (Promoters) 65.00%

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