M R Maniveni Foods IPO

IPO Details

• Open Date: 22 May 2026

• Close Date: 26 May 2026

• Minimum Investment: ₹2,08,000

• Lot Size: 2,000 shares

• Price Range: ₹51 to ₹52 per share

• Listing: BSE SME

• Issue Size: ₹27.04 Crore

• Listing Date: 1 June 2026

IPO Timeline

• Bidding Start: 22 May 2026

• Bidding Ends: 26 May 2026

• Allotment Finalisation: 27 May 2026

• Refund Initiation: 29 May 2026

• Demat Transfer: 29 May 2026

• Listing: 1 June 2026

About M R Maniveni Foods Limited

M R Maniveni Foods Limited, incorporated in 2010, is engaged in the processing, packaging, and distribution of food products, primarily focusing on Urad Dal and Toor Dal. The company aims to deliver safe, hygienic, and quality food products through modern processing methods and efficient supply chain practices. Its operations are centred on maintaining consistent taste and nutritional standards. With a scalable business model and strong B2B customer relationships, the company has built a steady presence in the pulses industry under the guidance of experienced promoters and management.

M R Maniveni Foods Limited IPO Overview

M R Maniveni Foods Limited is launching a bookbuilding IPO worth ₹27.04 crore, comprising a fresh issue of 52,00,000 shares. The IPO opens on 22 May 2026 and closes on 26 May 2026, with allotment expected on 27 May 2026. Refunds and demat transfers are scheduled for 29 May 2026, while listing on BSE SME is planned for 1 June 2026. The price band is fixed at ₹51 to ₹52 per share. Capital Square Advisors Pvt. Ltd. is the lead manager, while Bigshare Services Pvt. Ltd. serves as registrar. The minimum retail application requires 4,000 shares.

M R Maniveni Foods Limited IPO Details

Particulars	Details
IPO Date	22 May 2026 to 26 May 2026
Listing Date	1 June 2026
Face Value	₹10 per share
Issue Price Band	₹51 to ₹52 per share
Lot Size	2,000 Shares
Total Issue Size	52,00,000 shares (aggregating up to ₹27.04 Cr)
Fresh Issue	52,00,000 shares (aggregating up to ₹27.04 Cr)
Offer for Sale	NA
Issue Type	Bookbuilding IPO
Listing At	BSE SME
Share Holding Pre Issue	1,43,72,400 shares
Share Holding Post Issue	1,95,72,400 shares
Market Maker Portion	2,60,000 shares

M R Maniveni Foods Limited IPO Reservation

Investor Category	Shares Offered
QIB	Not more than 49.64% of the Net Issue
Retail	Not less than 35.06% of the Net Issue
NII (HNI)	Not less than 15.30% of the Net Issue

M R Maniveni Foods Limited IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	2	4,000	₹2,08,000
Retail (Max)	2	4,000	₹2,08,000
HNI (Min)	3	6,000	₹3,12,000

M R Maniveni Foods Limited IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	98.68%
Post-Issue	To be updated

M R Maniveni Foods Limited IPO Valuation Overview

KPI	Value
Earnings Per Share (EPS)	₹2.87
Price/Earnings (P/E) Ratio	18.11x
Return on Net Worth (RoNW)	27.61%
Net Asset Value (NAV)	₹12.94
Return on Equity	16.48%
Return on Capital Employed (ROCE)	12.58%
EBITDA Margin	5.74%
PAT Margin	2.87%
Debt to Equity Ratio	1.02

Objectives of the Proceeds

• Construction of new factory facility for capacity expansion – ₹12.69 Cr

• Purchase of plant and machinery for operational enhancement – ₹13.61 Cr

• Funding general corporate purposes and business requirements

Key Financials (in ₹ crore)

Particulars	31 Dec 2025	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	49.92	41.12	29.02	24.80
Revenue	116.19	203.52	155.00	119.61
Profit After Tax	3.34	4.13	2.18	1.56
Reserves and Surplus	7.55	4.22	10.07	7.89
Total Borrowings	22.40	20.46	15.00	9.93

SWOT Analysis of M R Maniveni Foods Limited

Strengths and Opportunities	Weaknesses and Threats
Strong presence in pulses processing and food distribution	Limited product portfolio focused mainly on two pulse categories
Experienced promoters with industry knowledge	Profit margins remain relatively low
Scalable manufacturing-led business model	Exposure to raw material price fluctuations
Growing demand for packaged food products	Intense competition in food processing sector
Established B2B customer relationships	Dependence on agricultural supply conditions

IPO Strengths

• Longstanding presence in the pulses processing and food distribution industry

• Experienced promoters and professional management team driving business growth

• Scalable business model with strong operational efficiency

• Specialised focus on manufacturing of Urad Dal and Toor Dal

• Wide and diversified customer base in the B2B segment

• Smooth supply chain and streamlined operational processes

Peer Group Comparison

Company Name	EPS (Basic)	NAV (₹ per share)	P/E (x)	RoNW (%)
M R Maniveni Foods Ltd.	2.96	12.94	NA	27.61
Peer Group
Sameera Agro And Infra Limited	11.93	101.20	0.71	13.36
Jeyyam Global Foods Limited	4.65	35.23	7.96	19.57

Infographic Content

M R Maniveni Foods Limited IPO Highlights

M R Maniveni Foods Limited is a food processing company specialising in Urad Dal and Toor Dal, focusing on quality production, scalable operations, and strong B2B customer relationships.

• Offer Size: ₹27.04 Crores (Fresh issue ₹27.04 Crores; OFS NA)

• Purpose: Funds will be used for factory construction, plant and machinery purchase, and corporate purposes

• Financials (FY March 2025): Revenue: ₹203.52 crore PAT: ₹4.13 crore; EPS: ₹2.87

• Listing: SME IPO on BSE