Mayank Cattle 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: The minimum lot size for an application is 1200 shares while minimum amount of investment required by retail investors is ₹129,600.

Currently, there are 25 draft offer documents, filed by various companies, under process with the market regulator Sebi. Nearly 30 companies have already received a green signal from the regulator, aimed at raising over Rs 30,000 crore. Meanwhile, about 40 other companies have submitted their DRHPs for approval.