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M R Maniveni Foods Ltd. SME IPO

M R Maniveni Foods Ltd. IPO — date, price band, lot size & details 2026

M R Maniveni Foods Ltd. listed on 1 Jun 2026 at ₹42.55, 18.2% below the ₹52 issue price.

Everything you need to know about the M R Maniveni Foods Ltd. IPO. Track the latest updates, GMP trends, and subscription status.

Stock price

M R Maniveni Foods Ltd. is listed — here is the live share price.

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Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Timetable

Key dates from opening to listing. Today is 3 October.

Key dates Listed
  1. Open 22 May 2026
  2. Close 26 May 2026
  3. Allotment 27 May 2026
  4. Refund/credit TBA
  5. Listing 01 Jun 2026

Issue summary

The terms of the offer, as filed.

IPO Dates 22 to 26 May, 2026
Price Band ₹51 – ₹52
Face Value ₹10
Lot Size 2000 Shares
Issue Size ₹27.04 Cr
Sale Type Fresh Issue
Listing On BSE SME
Registrar Bigshare Services Private Limited
Min Investment ₹ 2,08,000
Reservation
QIB 49.64%
NII 15.3%
Retail 35.06%

Share of the offer set aside for each investor category, as stated in the offer document.

What will it cost me?

Bidding is in multiples of 2000 shares at the ₹52 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.

shares
lots lots
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

Strengths & risks

Drawn from the offer document — the case for and against, side by side.

Strengths · 3

  • 01Established industry presence with over six decades of experience in pulses trading since 1950.
  • 02Experienced management team with professional operational standards.
  • 03Scalable business model addressing consistent consumer demand for staple food products.

Risks · 3

  • 01Raw material procurement lacks long-term supplier contracts, creating vulnerability to supply disruptions and price volatility.
  • 02Customer relationships operate on order-basis without formal agreements, risking revenue instability.
  • 03Single manufacturing facility in Tamil Nadu creates operational concentration risk.

The numbers

All figures in ₹ crore, as reported in the M R Maniveni Foods Ltd. offer document.

Total income
203.52
204
31 Mar 2025
Profit after tax
3.88
4
31 Mar 2025
EBITDA
7.82
8
31 Mar 2025
Net worth
18.33
18
31 Mar 2025
Metric 31 Mar 2025
Revenue (₹ Cr) 203.52
EBITDA (₹ Cr) 7.82
Net Profit (₹ Cr) 3.88
Net Worth (₹ Cr) 18.33
EPS (₹) 2.96

See how this IPO compares — view listing performance of all SME IPOs.

Valuation & key ratios

Ratios are for the latest full financial year reported in the M R Maniveni Foods Ltd. RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.

P/E Ratio
22.87
EPS (₹)
2.27
RoCE
17.14%
RoNW
27.61%
PAT Margin
2.03%

M R Maniveni Foods Ltd. IPO Valuation

How the issue prices the company before and after the fresh shares are created.

Valuation Metric Post-Issue
EPS (₹) ₹2.27
P/E Ratio (x) 22.87
Market Cap at Offer Price (₹ Cr) ₹88.88

Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹52 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.

Where the money goes

₹27.04 Cr of the issue is earmarked to named objects.

Funding for Capital Expenditure requirements towards Construction of Factory ₹8.85 Cr
Funding for Capital Expenditure requirements towards purchase of Plant and Machinery. ₹10.44 Cr
General Corporate Purposes ₹3.73 Cr
Issue Expenses ₹4.02 Cr

About the company

M R Maniveni Foods Ltd. is a Chennai, Tamil Nadu-based company engaged in the processing, packaging, and distribution of food products, primarily in the pulses segment. The business has its roots in pulses trading dating back to 1950 and was formally incorporated in 2010. With over six decades of industry experience, the company has developed strong sourcing relationships and an established market presence in the staple foods category.
The company operates through a single manufacturing facility in Tamil Nadu, catering to consistent consumer demand for pulses and related food products. Its business model focuses on processing and packaging of commodities under quality standards, distributing products across its target markets. The management team brings professional expertise and operational discipline to scale the business further.
M R Maniveni Foods is led by experienced promoters who have overseen the company's growth from a traditional trading enterprise to a structured manufacturing and distribution business. The company can be reached at [email protected].

Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.

Promoters
K R Manikandan, K Selvam and M Chandra
Promoter holding
98.68% → 72.46%
Pre-issue → post-issue
Registered office
S.No.220/3A-3B, Madhavaram-Redhills, High Road (Near Vadaperumbakkam), Madhavaram, Chennai, Tamil Nadu, 600060
+91-9840777269
Registrar

The bankers & the filings

Who is running the book, and the documents this page is built from.

Book-running lead manager
Capital Square Advisors Pvt. Ltd. View track record →

Lead Manager Track Record

How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.

Listed in Profit 25% 1 of 4 listed
Avg Listing Gain -1.2% across 4 issues
Listed Below Issue 3 of 4 listed

Best listing: Veer Global Infraconstruction (+5.4%). Weakest: Hannah Joseph Hospital (-7.1%).

Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.

Company contact

Company
M R Maniveni Foods
Email

Frequently asked

What is the GMP of M R Maniveni Foods Ltd.?

The current Grey Market Premium is ₹0.

What is the M R Maniveni Foods Ltd. IPO price band?

₹51 to ₹52, on a face value of ₹10.

When is the allotment?

The basis of allotment is 27 May 2026, with listing on 1 June 2026.

How do I check allotment status?

On the IPO Guru allotment page or on the registrar's site — Bigshare Services Private Limited.

M R Maniveni Foods Ltd. IPO

Every number here traces back to a filing.

IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.

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Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

GMP
₹0
Subscribed
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Min bid
₹2,08,000
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