Mayank Cattle Food Limited

About the company

## **About  Mayank Cattle Food Limited** Established in 1998, Mayank Cattle Food Limited has positioned itself as a prominent player in the manufacturing industry, focusing on the production of Maize oil (Non-edible) and Maize Cake (Cattle Feed). With a steadfast commitment to quality and innovation, the company has successfully navigated the intricacies of the market, consistently delivering high-grade products. The core business operations involve a meticulous process, starting with the procurement of Maize Germ, followed by mechanized expelling, packaging, and the subsequent sale of Maize Oil and Maize Cake. This comprehensive approach underscores their dedication to maintaining control and excellence throughout the production chain. Mayank Cattle Food Limited attributes its success to a dynamic leadership team that serves as the driving force behind strategic decision-making. Their adept management not only oversees day-to-day affairs but also leverages industry knowledge to gain a competitive edge. This advantage has empowered the company to expand its footprint in existing markets such as Gujarat, Delhi, and Maharashtra, while also venturing into new territories for sustained growth. The company takes pride in its diversified customer base and employs various revenue channels for product distribution. Marketing agents, brokers, and direct-to-consumer sales form integral components of their outreach strategy, ensuring a wide market presence. At the heart of Mayank Cattle Food Limited's operations is a state-of-the-art manufacturing facility equipped with modern machinery and a robust infrastructure. The dedicated and skilled workforce diligently oversees the production process, maintaining a vigilant eye on product quality. Continuous efforts have been made since the company's inception to enhance and refine the quality of their offerings, a testament to their unwavering commitment to client satisfaction. In conclusion, Mayank Cattle Food Limited stands as a testament to successful business practices, blending innovation, quality, and strategic decision-making to establish a strong presence in the competitive landscape of Maize oil and Maize Cake manufacturing. Their journey, marked by consistent improvement and expansion, positions them as a formidable player in the industry. As Mayank Cattle Food Limited gears up for its Initial Public Offering (IPO), the generated proceeds from the Fresh Issue will be strategically allocated to crucial objectives. 1.  Funding Capital Expenditure towards purchase of additional plant and  machinery       2.  To meet the Working Capital Requirements       3.To meet the Issue Expenses       4.General Corporate Purposes Here are key details about the Mayank Cattle Food Limited IPO: Company Name| **Mayank Cattle Food Limited**|  | Mayank Cattle Food Limited IPO Opening Date| **January 29, 2024** ---|---|---|---|--- Company Established On|**1998**Mayank Cattle Food Limited IPO Price band|**₹108 per share**

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   29 Jan 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   31 Jan 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   31 Jan 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   02 Feb 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   01 Feb 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   05 Feb 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.