Mayank Cattle Food IPO: From price band to GMP, here's all you need to know

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₹108 per share for its upcoming initial public offering (IPO). The small and medium enterprises (SME) IPO will open for subscription on January 29, 2024 and closes on January 31, 2024. Mayank Cattle Food IPO is a fixed price issue of ₹19.44 crores.

The issue is entirely a fresh issue of 18 lakh shares. Also read: Docmode Health Tech IPO: Check date, price band, GMP and other details The minimum lot size for an application is 1200 shares. The minimum amount of investment required by retail investors is ₹129,600.

The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹259,200. Not more than 50 percent of the issue is reserved for retail investors and the rest of the issue is reserved for other investors. The allotment for the Mayank Cattle Food IPO is expected to be finalized on Thursday, February 1, 2024.

The IPO will list on BSE SME with tentative listing date fixed as Monday, February 5, 2024. Finshore Management Services Limited is the book running lead manager of the Mayank Cattle Food IPO, while Cameo Corporate Services Limited is the registrar for the issue. The market maker for Mayank Cattle Food IPO is Rikhav Securities.

Also read: Brisk Technovision IPO: Issue fully booked on day 1 led by retail investors; check GMP Currently, the shares of Mayank Cattle Food IPO are not available in the grey market. The shares of Mayank Cattle Food IPO are available at a premium of ₹0 in the grey market today, say market observers. Mayank Cattle Food Limited is an Oil company engaged in the business of manufacturing Cattle Food, Animal Food, Cattle Food Cake and Edible Oil.