M R Maniveni Foods
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M R Maniveni Foods
Price 51 to 52
GMP Rumors ₹2
Lot size 2000
Issue size ₹27.04 Cr
Allotment 27-05-2026
Listing 01-06-2026
Suggestion Avoid
Allotment Status Bigshare
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All Info. Education Purpose Only.

About

BSE List Price :

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Category Times
QIBs 1x
HNIs 1.66x
Retail 0.89x
Total : 1.09x

IPO Market Lot(s) Distribution

Application Lot Size Shares Amount
Retail Minimum 2 4,000 ₹208,000
Retail Maximum 2 4,000 ₹208,000
S-HNI Minimum 3 6,000 ₹312,000
S-HNI Maximum 9 18,000 ₹936,000
B-HNI Minimum 10 20,000 ₹1,040,000

About the Company

Established on June 30, 2010, M R Maniveni Foods Ltd. operates in the processing, packaging, and distribution of food products. The company delivers hygienic and high-quality food items designed to cater to diverse customer requirements. By adopting advanced processing techniques, efficient supply chain management, and stringent quality control measures, it ensures the taste and nutritional value of its products are maintained.

The company’s key strengths include extensive experience in the pulses sector, experienced promoters and a capable management team, a scalable business structure, a strong emphasis on dal production, a diversified B2B customer network, and efficient operational processes. Its core operations primarily involved the trading of pulses and rice across Kerala and other southern regions of India.

Company Financial Report

Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets
2023 ₹119.61 ₹117.68 ₹1.56 ₹24.80
2024 ₹155.00 ₹152.00 ₹2.18 ₹29.02
2025 ₹203.52 ₹198.13 ₹4.13 ₹41.12
Dec 2025 ₹116.19 ₹111.67 ₹3.34 ₹49.92

Company Promoter

K R Manikandan

M Chandra and K Selvam

Know before investing

  • • Strengths

    Strong industry experience in the pulses sector: The company has a well-established track record in the food and pulses industry, contributing to its market presence and operational expertise.

    Expandable business structure: The company’s concentration on essential food products creates growth and scalability potential supported by consistent consumer demand.

  • • Risks

    Raw material sourcing risk: The company relies on suppliers for black gram and raw pigeon pea without secured long-term agreements, making it vulnerable to supply disruptions and fluctuations in raw material prices.

    Dependence on a single manufacturing unit: The company’s operations are primarily reliant on one manufacturing facility located in Tamil Nadu, and any interruption at this unit could negatively affect business operations and performance.

Objects of the Issue & Utilisation of proceeds

Funding for Capital Expenditure requirements towards Construction of Factory.

Funding for Capital Expenditure requirements towards purchase of Plant and Machinery.

General Corporate Purpose.

Company  Address

M R Maniveni Foods Ltd.
S.No.220/3A-3B, Madhavaram-Redhills,
High Road (Near Vadaperumbakkam),
Madhavaram,
Chennai, Tamil Nadu, 600060
Phone: +91-9840777269
Email: cs@mrgolddhall.com
Website: https://www.mrgolddhall.com/

IPO Registrar

Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

IPO Review

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