M R Maniveni Foods IPO
Bookbuilding IPO | ₹27.00 Cr | Listing at BSE SME
IPO Open
Fri, May 22, 2026
IPO Close
Tue, May 26, 2026
Price Band
₹51.00 to ₹52.00
Market Cap (Pre-IPO)
₹101.78 Cr
IPO Details
| IPO Date | May 22, 2026 to May 26, 2026 |
| Listing Date | Tentative: Jun 01, 2026 |
| Face Value | ₹10.00 per share |
| Price Band | ₹51.00 to ₹52.00 |
| Lot Size | 2000 Shares (Minimum: ₹104,000.00) |
| Sale Type | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Issue Size | ₹27.00 Crores |
| Total Shares Offered | 5,200,000 shares |
| Fresh Issue | 4,940,000 shares |
| Offer For Sale | 5,200,000 shares |
M R Maniveni Foods IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 24,52,000 |
| Retail Shares Offered | 17,32,000 |
| NII Shares Offered | 7,56,000 |
M R Maniveni Foods IPO Lot Size
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹208,000 |
| Retail (Max) | 2 | 4,000 | ₹208,000 |
| S-HNI (Min) | 3 | 6,000 | ₹312,000 |
| S-HNI (Max) | 9 | 18,000 | ₹936,000 |
| B-HNI (Min) | 10 | 20,000 | ₹1,040,000 |
M R Maniveni Foods Financial Information (Restated Consolidated)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 49.92 | 41.12 | 29.02 | 24.80 |
| Total Income | 116.19 | 203.52 | 155.00 | 119.61 |
| Profit After Tax | 3.34 | 4.13 | 2.18 | 1.56 |
| EBITDA | 6.67 | 7.82 | 5.05 | 3.72 |
| NET Worth | 21.93 | 18.59 | 12.36 | 10.18 |
| Reserves and Surplus | 7.55 | 4.22 | 10.07 | 7.89 |
| Total Borrowing | 22.40 | 20.46 | 15.00 | 9.93 |
Amount in ₹ Cr
Key Performance Indicators
As of Monday, March 31, 2025| KPI | Values |
|---|---|
| ROE (Return on Equity) | 26.67% |
| ROCE (Return on Capital Employed) | 17.14% |
| Debt/Equity | 1.10 |
| RoNW (Return on Net Worth) | 27.61% |
| PAT Margin (Profit After Tax Margin) | 2.03% |
| EBITDA Margin | 3.84% |
| Price to Book Value | 4.14 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 2.87 | 2.27 |
| P/E (x) | 18.11 | 22.87 |
| Promoter Holding | 98.68% | - |
Company Promoters
- K R Manikandan
- M Chandra and K Selvam are the promoters of the company.
Company Overview
M R Maniveni Foods – Company Overview
- Incorporated on June 30, 2010, M R Maniveni Foods Ltd. is engaged in the processing, packaging, and distribution of food products.
Core Segments
- Pulses Processing: Urad Dal and Toor Dal
- Food Packaging & Distribution: Hygienically processed food products
- The company focuses on delivering safe, quality, and hygienically prepared food products for consumers.
- It uses modern food processing techniques, efficient supply chain management, and strict quality control systems to maintain product consistency and nutrition standards.
The company’s product portfolio is mainly centered on Urad Dal and Toor Dal, catering to everyday food consumption needs.
Company Strengths
- Longstanding presence in the pulses industry
- Experienced Promoters and Professional Management
- Scalable Business Model
- Focused on Manufacturing of Dal
- Wide range of Customers in B2B segment
- Smooth Flow of Operations
Use of Proceeds
| 1) | Funding for Capital Expenditure requirements towards Construction of Factory | 12.69 |
| 2) | Funding for Capital Expenditure requirements towards purchase of Plant and Machinery. | 13.61 |
| 3) | General Corporate Purposes | |
| Total | 26.30 |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects
M R Maniveni Foods IPO Peer Comparison
M R Maniveni Foods peer comparison with similar listed entities. (As on March 28, 2025)| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| M R Maniveni Foods Ltd. | 2.96 | 2.96 | 12.94 | - | 27.61 | - | - |
| Sameera Agro And Infra Limited | 11.93 | 11.93 | 101.20 | 0.71 | 13.36 | 0.08 | Standalone |
| Jeyyam Global Foods Limited | 4.65 | 4.65 | 35.23 | 7.96 | 19.57 | 1.06 | Standalone |
Quick Info
| Sector | Fast-Moving Consumer Goods (FMCG) and Agricultural Food Processing |
| Exchange | BSE SME |
| Market Cap (Pre-IPO) | ₹101.78 Cr |
Important Dates
| IPO Open | May 22, 2026 |
| IPO Close | May 26, 2026 |
| Allotment Date | May 27, 2026 |
| Credit to Demat | May 29, 2026 |
| Listing Date | Tentative: Jun 01, 2026 |
Lead Manager(s)
Capital Square Advisors Pvt.Ltd.
Registrar
Bigshare Services Pvt.Ltd.
+91-22-6263 8200
Description
- IPO Type: Book build issue aggregating to ₹27.04 crores.
- Issue Structure: Entirely a fresh issue of 0.52 crore shares totaling ₹27.04 crores.
- IPO Dates: The issue opens on May 22, 2026 and closes on May 26, 2026.
- Allotment Date: Expected to be finalized on May 27, 2026.
- Listing Details: Shares are proposed to be listed on the SME platform of BSE Limited (BSE SME) with a tentative listing date of June 1, 2026.
- Retail Investment Requirement: Minimum 2 lots (4,000 shares) amounting to approximately ₹2,08,000 (at upper price band).
- HNI Investment Requirement: Minimum 3 lots (6,000 shares) totaling around ₹3,12,000.
- IPO Price Band: ₹51 to ₹52 per equity share.
- Lot Size: 2,000 shares per lot.
This IPO offers investors an opportunity to participate in the business and industrial sector associated with M R Maniveni, subject to market risks.