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M R Maniveni IPO
Price Band
₹51.0–52.0
Issue Size
₹27.04 Cr
Lot Size
2,000 shares
Min Investment
₹208,000
2 LOTS MIN
GMP
—
Issue Price
₹52.0
M R Maniveni IPO AI Summary
- M R Maniveni IPO is listed on BSE SME in the Other Agricultural Products sector.
- Price band: ₹51.0–₹52.0 per share, lot size 2,000 shares (min. investment ₹208,000, 2 lots minimum).
- Subscription window: 22 May–26 May 2026, listing on 01 Jun 2026.
M R Maniveni Foods Ltd. is an SME focused on the food processing industry, particularly in pulses. With a solid operational framework and a clear growth strategy, the company aims to enhance its market presence. The IPO is set to raise ₹27.04 Cr, with proceeds allocated for capital expenditures and corporate purposes.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Important Dates
Subscription Status
Subscription data unavailable
M R Maniveni IPO Grey Market Premium (GMP) Today
GMP not available yet
Grey Market Premium is updated daily. Check back closer to the listing date.
About the Company
M R Maniveni Foods Ltd. is engaged in the business of processing, packaging, and distribution of food products. The company focuses on offering quality, safe, and hygienically prepared food items catering to diverse consumer preferences. It emphasizes modern processing techniques, robust supply chain practices, and strict quality control to ensure consistent taste and nutrition across its product portfolio. The company aims to build strong brand recognition in both domestic and international markets. The company’s long-term vision is to become a trusted name in the food industry by delivering products that balance quality, affordability, and consumer satisfaction. Product Portfolio is focused on Urad Dal and Toor Dal. As on July 31, 2025, the company had a team of approximately 18 employees. Competitive 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
Company Financials (₹ Cr)
As of 2025-12-31
| 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 |
Key Ratios
EPS
₹2.87
NAV
₹12.56
ROE
26.67%
ROCE
17.14%
RoNW
27.61%
P/B Value
4.14
P/E Ratio
18.11
Market Cap
₹101.78 Cr
PAT Margin
2.03%
Debt/Equity
1.10
Promoters
K R Manikandan, M Chandra and K Selvam
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding for Capital Expenditure requirements towards Construction of Factory 8.85 2 Funding for Capital Expenditure requirements towards purchase of Plant and Machinery. 10.44 3 General Corporate Purposes 3.73 4 Issue Expenses 4.02 Total 27.04
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹119.61 Cr for the year ending 31 Mar 2023, increasing to ₹155.00 Cr by 31 Mar 2024, and further rising to ₹203.52 Cr by 31 Mar 2025. However, for the period ending 31 Dec 2025, total income decreased to ₹116.19 Cr, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit after tax was ₹1.56 Cr for the year ending 31 Mar 2023, increasing to ₹2.18 Cr by 31 Mar 2024, and further rising to ₹4.13 Cr by 31 Mar 2025. For the period ending 31 Dec 2025, profit after tax was ₹3.34 Cr, though this is a 9-month figure, not a full year, so isn't directly comparable.
Grey Market Premium, Explained
The grey market refers to the unofficial trading of shares before they are listed on the stock exchange. Grey market premiums (GMP) indicate the expected listing price of an IPO based on demand in the unofficial market. A positive GMP suggests high demand, while a negative GMP indicates lower interest.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's essential to consider the company's fundamentals and market conditions.
Who May Want to Wait
Investors who prefer stable returns and are risk-averse may want to avoid IPOs like this, which can experience significant price fluctuations post-listing.
IPO Timeline, Explained
The IPO opens for subscription on May 22, 2026, and closes on May 26, 2026. Allotment of shares will take place on May 27, 2026, with the listing date set for June 1, 2026.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when selling shares on the first day of trading. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and the company's performance post-IPO. Investors should be aware that listing day prices can be volatile.
This evaluation is generated from M R Maniveni's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is the price band of M R Maniveni IPO?
The price band of M R Maniveni IPO is ₹51.0–₹52.0 per share.
When does M R Maniveni IPO open and close?
M R Maniveni IPO opens on 22 May 2026 and closes on 26 May 2026.
When does M R Maniveni IPO list on the stock exchange?
M R Maniveni IPO listed on 01 June 2026 at ₹52.0.
What is the lot size for M R Maniveni IPO?
The lot size for M R Maniveni IPO is 2000 shares, requiring a minimum investment of ₹208,000 (2 lots).
What is the price band for the IPO?
The price band for the IPO is ₹51.0 to ₹52.0.
What is the minimum investment required?
The minimum investment required is ₹2,08,000, which corresponds to a lot size of 2000 shares.
When does the IPO open and close?
The IPO opens on May 22, 2026, and closes on May 26, 2026.
When will the shares be listed?
The shares are expected to be listed on June 1, 2026.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of an IPO based on demand in the unofficial market.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
22 May 2026
Close
26 May 2026
Allotment
27 May 2026
Listing
01 Jun 2026
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