Mayank Cattle Food IPO allotment: Check status, GMP, listing date and other details

After getting a robust response from investors for the IPO, Mayank Cattle Food is likely to finalise the IPO allotment today. Investors can check the status of Mayank Cattle Food IPO allotment by logging in to the official website of the registrar, which is Cameo Corporate Services in this case.

Follow the step by step process mentioned below to check the status of allotment.

Step 1: Visit the IPO Allotment Status page on Link Intime India website (https://ipo.cameoindia.com/)


Step 2: Select IPO from the dropdown

Step 3: Put Application number and enter captcha and 'Submit'.

Mayank Cattle Food GMP

Shares of Mayank Cattle Food are trading with a premium of Rs 10 in the unlisted market. The IPO was priced at Rs 108 at the upper end. The company's shares will list on the BSE SME platform on February 2 and going by the GMP, the stock is expected to debut with a 9% premium.

The public offer of Mayank Cattle was subscribed 8 times at close. The category reserved for retail investors was booked 11 times and that of other investors was subscribed 5 times.

The IPO was entirely a fresh equity issue of up to 18 lakh equity shares aggregating to Rs 19.4 crore.

Mayank Cattle Food is engaged in manufacturing of Maize Cake and Maize Oil (Non-edible). The business process involves purchase of the Maize Germ, then mechanized expelling, packaging and selling of the Maize Oil and Maize Cake.

The net proceeds from the public offer will be used for funding working capital requirements, capital expenditure and general corporate purposes.

For the period ended September 2023, the company clocked revenues of Rs 75.27 crore and net profit of Rs 57 lakh.

Finshore Management acted as the lead manager to the issue and Cameo Corporate Services was the registrar.

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