About Mayank Cattle Food Limited
Mayank Cattle Food Limited is launching its IPO. The IPO opens for subscription on 29th January 2024 and will close on 31st January 2024.
Disclaimer: This stock will trade with a lot size of 1200 shares in the SME segment on listing.
What does Mayank Cattle Food Limited do?
Incorporated in 1998, Mayank Cattle Food Limited is engaged in the business of manufacturing Maize oil (Non-edible) and Maize Cake (Cattle Feed). The business process involves the purchase of the Maize Germ, then mechanized expelling, packaging, and selling of the Maize Oil and Maize Cake.
They have a diversified customer base covering states majorly like Gujarat, Delhi, and Maharashtra. They market their products through different revenue channels which include marketing agents, brokers, and direct-to-consumers.
Schedule of Mayank Cattle Food Limited IPO
| Issue Period | 29th January to 31st January 2024 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | February 01, 2024 |
| Initiation of Refunds | February 02, 2024 |
| Credit of Shares | February 02, 2024 |
| Date of Listing | February 05, 2024 |
| Mandate end date | February 15, 2024 |
| Anchor Investors Lock-In End Date (50% of the investment) | March 02, 2024 |
| Anchor Investors Lock-In End Date (Remaining investment) | May 02, 2024 |
Note: Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.
How to apply to the Mayank Cattle Food Limited IPO?
You can apply for the Mayank Cattle Food Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for the Mayank Cattle Food Limited IPO?
You can check the allotment status for the Mayank Cattle Food Limited IPO on the website of the Registrar and Transfer agent.