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M R Maniveni Foods Ltd. IPO
IPO Timeline
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22 May 2026Bidding Starts
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26 May 2026Bidding Ends
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27 May 2026Allotment Finalization
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1 Jun 2026Listing
About M R Maniveni Foods Ltd.
Our Company has an established track record of over 15 years in the food industry, specializing in the milling, processing, and supply of pulses, primarily urad dal and toor dal. We commenced operations in 2010 with a focus on milling urad dal and trading a diversified range of products including urad dal, toor dal, moong dal, kabuli channa, green gram dal, coriander seeds, rice, and chillies. This product diversification enabled us to serve a wider customer base, strengthen our presence in the pulses segment, and build industry experience across multiple categories.
In the initial years, milling was carried out through manual processes for urad dal. In 2022, recognizing the increasing demand for urad dal, we transitioned to automation by installing advanced automatic machinery requiring minimal human intervention. This enhanced production efficiency, consistency, and quality assurance. In 2023, we further expanded our operations by introducing the milling of toor dal through a semi-manual process, blending traditional methods with selective mechanization to retain flexibility in operations.
At present, we operate two dedicated milling facilities:
• Automated unit for urad dal, equipped with advanced machinery and technology, delivering consistent and efficient large-scale production.
• Semi-manual unit for toor dal, which combines traditional processing with mechanization to provide adaptability and controlled expansion capability
This dual facility model provides us with the ability to balance scalability through automation with operational flexibility, thereby catering to both bulk institutional buyers and specialized demand segments.
Our business model is predominantly business-to-business (B2B). We supply our processed pulses to large-format retailers, wholesalers, and e-commerce platforms, who subsequently serve the end consumers. This model enables us to maintain longterm institutional relationships, achieve bulk supply efficiencies, and benefit from consistent demand visibility. Our competitive advantage lies in delivering clean, well-milled, and contamination-free products that align with stringent customer expectations on quality and hygiene.
M R Maniveni Foods Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 14,70,000 (28.27%) |
| Market Makers | 2,60,000 (5%) |
| Non Institutional Investors | 7,56,000 (14.54%) |
| Qualified Institutional Buyers (QIBs) | 9,82,000 (18.88%) |
| Retail Individual Investors (RIIs) | 17,32,000 (33.31%) |
M R Maniveni Foods Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2025 | 203.52 Cr | 4.13 Cr | 4.22 Cr |
| 31 Mar 2024 | 155.00 Cr | 2.18 Cr | 10.07 Cr |
| 31 Mar 2023 | 119.61 Cr | 1.56 Cr | 7.89 Cr |
M R Maniveni Foods Ltd. Background
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2020Crossed annual Turnover of 50 Crores
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2021Changed the name of the Company from “K. R. M.Ramadevi Enterprises Private Limited” to “M. Ramadevi Enterprises Private Limited”
Full Automation of Urad Dal milling process
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2023Crossed annual Turnover of 100 Crores
Admitted as a Member in Tamil Nadu Dhall Manufacturers Association for the year 2023
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2025Conversion of the Company from Private Limited to Public Limited.
Crossed annual turnover of 200 crores
ZED Bronze Certificate under MSME Sustainable (ZED) Certification Scheme received from Ministry of Micro, Small, and Medium Enterprises
ZED Silver Certificate under MSME Sustainable (ZED) Certification Scheme received from Ministry of Micro, Small, and Medium Enterprises
Admitted as a Member in Tamil Nadu Foodgrains Merchants Association Limited for FY 2024-
Trust Seal Indiamart Certification received from Indiamart for December 2025
1. Funding Capital Expenditure requirements towards Construction of Factory
2. Funding Capital Expenditure requirements towards purchase of Plant and Machinery
3. General Corporate Purpose
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | ₹ 52.00 | - |
| Open | ₹ 42.55 | - |
| Low | ₹ 40.52 | - |
| High | ₹ 44.66 | - |
| Last Trade | ₹ 41.13 | - |
1. K R Manikandan
2. M Chandra
3. K Selvam
India is the fifth largest economy in the world and expected to be the fastest-growing economy among major G20 countries, with GDP growth estimated to be around 8% in FY24. The food processing sector has become a key contributor to India's economy over the past few years, thanks to progressive ... Read more
Phone no:9840252585
FAQs
When does M R Maniveni Foods Ltd. IPO opens and closes?
M R Maniveni Foods Ltd. IPO opens from 22nd May to 26th May 2026.What is the size of M R Maniveni Foods Ltd. IPO?
The size of the M R Maniveni Foods Ltd. IPO is ₹27.04 Cr.What is the price range of M R Maniveni Foods Ltd. IPO?
The price range of M R Maniveni Foods Ltd. IPO is at ₹51 to ₹52 per share.What is the minimum investment and lot size required for the M R Maniveni Foods Ltd. IPO?
The minimum investment required is ₹1,04,000 and minimum lot size is 2000 shares.When is M R Maniveni Foods Ltd. IPO listing date?
The M R Maniveni Foods Ltd. IPO will be listed on 1st June 2026.What is the objective of M R Maniveni Foods Ltd. IPO?
1. Funding Capital Expenditure requirements towards Construction of Factory2. Funding Capital Expenditure requirements towards purchase of Plant and Machinery
3. General Corporate Purpose
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