M

MR Maniveni Foods Ltd.

SME
ListedListed on 1 Jun 2026-18.2%

Price Range

₹51–52

Issue Size

₹ 27 Cr

Lot Size

4000 Shares

Min. Investment

₹ 2,04,000

Financial Summary

(in crores)
ParticularsFY 2024-25FY 2023-24
Operating Revenue20,348.3815,498.91
Other Income3.770.82
Total Income20,352.1515,499.73
Total Expenses19,561.9514,993.08
Profit Before Tax539.64299.63
Total Profit387.58220.12

Subscription Details

1.68xTotal
Subscription
Retail
2.09x
NII - Small
0.00x
NII - Big
0.00x
QIB
1.00x
Employees
0.00x

IPO Timeline

IPO Offer Start

22 May 2026

IPO Offer Ends

26 May 2026

Listing Date

1 Jun 2026

Use of Proceeds

#PurposeAmount (₹ Cr)
1Funding for Capital Expenditure requirements towards Construction 126.88
2Funding for Capital Expenditure requirements towards 147.369

Promoters

KR ManikandanM ChandraK Selvam

Promoter Shareholding

Pre-IPO

98.68%

Promoter stake

Post-IPO

72.46%

Promoter stake

Offered to Public

52,00,000

shares

Post Share Capital

1,41,82,400

shares

About the Company

Our Company has an established track record of over 15 years in the food industry, specializing in the manufacturing, processing, and supply of pulses, primarily urad dal and toor dal. We commenced operations in 2010 with a focus on manufacturing urad daland trading a diversified range of products including urad dal, toor dal, moong dal, kabuli channa, green gram dal, corianderseeds, 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, manufacturing 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 manufacturing of toor dal through a semi-manual process, blending traditional methods with selective mechanization to retain flexibility in operations.

Use of Proceeds

1. Funding Capital Expenditure requirements towards Construction of Factory.2. Funding Capital Expenditure requirements towards purchase of Plant and Machinery.3. General Corporate Purpose