| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹19.44 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹19.44 Cr |
| Fresh Issue | ₹18.47 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน108.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544106 |
| Registrar | Cameo Corporate Services Ltd. |
| Lead Managers | Finshore Management Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
Incorporated in 1998, Mayank Cattle Food Limited is an Oil company engaged in the business of manufacturing Cattle Food, Animal Food, Cattle Food Cake and Edible 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 aimed to increase the scale of operations and enhance the company's market presence.
Products are supplied to Gujarat, Delhi and Maharashtra by the company.
As of December 31, 2023, the company hasย 120 employees, out of which 104 are workers.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure toward purchase of additional plant and machinery | 1.84 |
| 2 | Working Capital Requirement | 12.15 |
| 3 | Issue Related Expenses | 1.45 |
| 4 | General Corporate Expenses | 4.00 |
| Period Ended | 31 Jul 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 51.22 | 48.94 | 41.64 | 34.34 |
| Total Income | 75.27 | 309.58 | 323.00 | 186.53 |
| Profit After Tax | 0.57 | 1.31 | 0.80 | 0.72 |
| NET Worth | 5.33 | 4.76 | 3.45 | 2.65 |
| Reserves and Surplus | 1.73 | 4.56 | 3.25 | 2.45 |
| Total Borrowing | 37.88 | 39.61 | 31.64 | 25.31 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 32% |
| ROCE | 11.27% |
| Debt / Equity | 9.13% |
| RoNW | 27.61% |
| PAT Margin | 0.43% |
| Price to Book Value | 0.45 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 3.65 | 3.19 |
| P/E (x) | 29.58 | 33.89 |
| Promoter Holding | 97.50% | 65.00% |
| Market Cap | โน58.32 Cr. | |