Maize Germ News Today

Mayank Cattle Food is expected to finalize the IPO allotment today. Investors can check the allotment status on the registrars official website. The IPO was subscribed 8 times and the retail investor category was booked 11 times. The company manufactures Maize Cake and Maize Oil and plans to use the proceeds for working capital and capital expenditure.

Mayank Cattle Food IPO, a fresh equity issue, opens for subscription with a price band of Rs 108 per share. The company aims to raise Rs 19.44 crore through the IPO. It is engaged in the manufacturing of Maize Cake and Maize Oil. The IPO is open until January 31 and the shares are expected to get listed on February 5.

Baweja Studios Rs 97-crore IPO is the biggest of the lot, which comprises fresh issues of up to 54 lakh shares. The company has fixed a price band in the range of Rs 170-180 apiece, where investors can bid for 800 shares in one lot.