M R Maniveni Foods IPO
Price band
₹51 – ₹52
Lot size
2000 shares
Min investment
₹1,04,000
Issue size
₹27.04 Cr
IPO schedule
| Open date | 22 May 2026 |
| Close date | 26 May 2026 |
| UPI mandate cut-off | 26 May 2026 |
| Allotment finalisation | 27 May 2026 |
| Refund initiation | 29 May 2026 |
| Shares credited to demat | 29 May 2026 |
| Listing date | 1 Jun 2026 |
| Mandate end date | 10 Jun 2026 |
| Anchor lock-in (50%) | 25 Jun 2026 |
| Anchor lock-in (remaining) | 24 Aug 2026 |
Issue size
Subscription status
Reserved and applied figures are in crore shares.
About M R Maniveni Foods
M R Maniveni Foods Limited is a Chennai-based food processing company engaged in the milling, processing, and supply of pulses, mainly urad dal and toor dal. The company has over 15 years of experience in the food industry and operates in the business-to-consumer (B2C) segment. It initially started with urad dal milling and later expanded its product range to include toor dal, moong dal, kabuli channa, green gram dal, coriander seeds, rice, and chillies. The company currently operates dedicated milling facilities, including an automated unit for urad dal processing and a semi-manual unit for toor dal. Revenue is generated primarily through the sale of these food products. M R Maniveni Foods has also invested in automation to improve production efficiency, consistency, and quality standards, while maintaining compliance with FSSAI and ISO standards.
Strengths
- The company has over 15 years of experience in the pulses processing industry.
- It operates automated and semi-manual milling facilities for urad dal and toor dal.
- The company has diversified its product portfolio across multiple food products and pulses.
- It follows FSSAI and ISO quality standards for food processing operations.
- The company has expanded production capacity through investments in automation and new facilities.
Risks
- The business depends heavily on the availability and pricing of black gram and pigeon pea.
- High working capital needs during procurement seasons may affect operations and growth.
- Any failure in maintaining product quality standards may harm the company’s reputation.
- Climate disruptions and poor agricultural output can impact raw material supply.
- The company is subject to restrictive conditions under its financing and borrowing agreements.
IPO information is sourced from public feeds and shown for general information only. It is not a recommendation to apply for this or any IPO. IPOs are equity investments and carry market risk; listing gains are not guaranteed and SME IPOs are especially volatile. Grey Market Premium (GMP) is unofficial and not endorsed by SEBI or the exchanges. Equity IPOs are applied for through a demat and trading account, not through mutual fund distribution services. Read the RHP and consult a SEBI-registered investment adviser before investing.