Mayank Cattle Food Limited (BSE SME)
Jan 29, 2024 - Jan 31, 2024
| Price | ₹108 - ₹108 |
| Premium | ₹9 |
|---|---|
| Lot size | 1200 |
| Allotment | Feb 1, 2024 |
| Listing | Feb 5, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 129600 | 713 |
| HNI | 2 | 2400 | 259200 | 712 |
Last updated on 31 Jan 2024 | 05:55:29 PM
| Category | Offered | Applied | Times |
|---|---|---|---|
| HNIs | 854400 | 5142000 | 6.02 |
| Retail | 855600 | 10052400 | 11.75 |
| Total | 1710000 | 15194400 | 8.89 |
| Total Application : 9,728 | |||
| HNI Interest Cost per share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.87 | @8% ₹1 | @9% ₹1.12 | @10% ₹1.25 | @11% ₹1.37 | @12% ₹1.5 |
Incorporated in 1998, Mayank Cattle Food Limited is a Oil company engaged in the business of manufacturing Cattle Food, Animal Food, and Cattle Food Cake and Ediable Oil. The company operates a manufacturing facility equipped with the latest machinery and technology, situated in Rajkot, Gujarat. The facility covers an area of approximately 87,133 sq.ft.
The company currently has a production capacity of 22,896 MT per annum for Maize Oil and 45,792 MT per annum for Maize Cake. In the financial year 2023-24, the company expanded its installed capacity from 18,126 MT per annum to 22,896 MT per annum for Maize Oil and 36,252 MT per annum to 45,792 MT per annum for Maize Cake. Similarly, in the financial year 2021-22, the company expanded its installed capacity from 14,310 MT per annum to 18,126 MT per annum for Maize Oil and from 28,620 to 36,252 MT per annum for Maize Cake. These expansions were aimed at increasing the scale of operations and enhancing the company's market presence.
Products are supplied to Gujarat, Delhi and Maharashtra by the company.
As of December 31, 2023, the company has 120 employees out of which 104 are workers.
Mayank Cattle Food IPO Details
| Issue Size | 1,800,000 shares (aggregating up to ₹19.44 Cr) |
| Fresh Issue | 1,800,000 shares (aggregating up to ₹19.44 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 3,600,000 |
| Share holding post issue | 5,400,000 |
| Market Maker portion | 90,000 shares Rikhav Securities |
Mayank Cattle Food IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net issue |
| Other Shares Offered | 50% of the Net issue |
Mayank Cattle Food IPO Lead Manager(s)
- Finshore Management Services Limited
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 32% |
| ROCE | 11.27% |
| Debt/Equity | 9.13 |
| RoNW | 27.61% |
| P/BV | 0 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 3.65 | 3.19 |
| P/E (x) | 29.58 | 33.89 |
Company Financials
Mayank Cattle Food Limited Financial Information (Restated)
Mayank Cattle Food Limited's revenue decreased by -4.15% and profit after tax (PAT) rose by 64.45% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | Jul 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 5,122.44 | 4,893.64 | 4,163.85 | 3,433.62 |
| Revenue | 7,527.15 | 30,958.14 | 32,300.17 | 18,652.89 |
| Profit | 57.37 | 131.43 | 79.92 | 71.81 |
| Net Worth | 533.37 | 475.99 | 344.56 | 264.63 |
| Reserves | 173.37 | 455.99 | 324.56 | 244.63 |
| Borrowing | 3,788.35 | 3,961.00 | 3,163.53 | 2,531.49 |
| Amount in ₹ Lakhs | ||||
Mayank Cattle Food IPO Lead Manager(s)
- Finshore Management Services Limited
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/