Mayank Cattle Food IPO: Subscription Details, Allotment Date, and Listing Information

Mayank Cattle Food's IPO, featuring a fixed price issue of ₹19.44 crores, has opened for subscription and will remain open until January 31. This small and medium enterprises (SME) IPO offers 18 lakh shares at a price band of ₹108 per share. Here are the key details you need to know about the Mayank Cattle Food IPO.

Key Details:

• Issue Type: Fixed Price Issue
• Issue Size: ₹19.44 Crores
• Fresh Issue: 18 Lakh Shares
• Price Band: ₹108 per share
• Minimum Lot Size: 1200 shares
• Minimum Retail Investment: ₹129,600
• Minimum HNI Investment: 2 lots (2,400 shares), ₹259,200
• Retail Investor Reservation: Not more than 50% of the issue

Allotment and Listing:

• Allotment Finalization Date: February 1
• Listing Platform: BSE SME
• Tentative Listing Date: February 5

Key Players:

• Lead Manager: Finshore Management Services Limited
• Registrar: Cameo Corporate Services Limited
• Market Maker: Rikhav Securities

About Mayank Cattle Food: Mayank Cattle Food Limited, based in Rajkot, Gujarat, operates as an oil company specializing in the manufacturing of Cattle Food, Animal Food, Cattle Food Cake, and Edible Oil. The company's manufacturing facility, covering approximately 87,133 sq. ft, boasts a production capacity of 22,896 MT per annum for Maize Oil and 45,792 MT per annum for Maize Cake.

Investors can anticipate the finalization of allotment on February 1, with the IPO scheduled to list on BSE SME on February 5. Mayank Cattle Food Limited's IPO presents an opportunity for investors to delve into the dynamic SME sector and contribute to the growth of this emerging player in the oil and cattle food industry.