M R Maniveni Foods
01 Jun '26SME
Min. Investment
₹2,04,000
Issue size
₹27.04 Cr
GMP
Locked
Overall subscription: 1.52x
Expert verdict
IPO dates
22 May
Opening
26 May
Closing
27 May
Allotment
01 Jun
Listing
*Refunds will be initiated on 29 May '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4000 | ₹2,08,000 |
Subscription (as on 26 May 2026, 01:30 PM)
Overall1.52x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2010|MD: Mr K.R. Manikandan
- M R Maniveni Foods Limited is engaged in the milling, processing, and supply of pulses, primarily urad dal and toor dal. The company also trades in products such as moong dal, kabuli channa, green gram dal, coriander seeds, rice, and chillies. Its business mainly operates on a business-to-business (B2B) model, supplying processed pulses to retailers, wholesalers, and e-commerce platforms.
- The company started operations in 2010 with manual urad dal milling and later introduced automated machinery for urad dal processing in 2022. In 2023, it expanded into toor dal milling through a semi-manual process.
- At present, the company operates two milling facilities, including an automated unit for urad dal and a semi-manual unit for toor dal. It primarily generates revenue from the sale of urad dal and has a presence in Tamil Nadu, Karnataka, Kerala, Maharashtra, Telangana, and Madhya Pradesh.
Issue Details & Objective
Lot size
2000 Shares
Price band
₹51 to 52
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 28.27%
QIB - 18.88%
HNI - 14.54%
Retail - 33.31%
Download DRHP (IPO Doc)FAQs
Should I apply for the M R Maniveni Foods IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of M R Maniveni Foods IPO?
The issue size of M R Maniveni Foods IPO is ₹27.04 Cr
What are the open and close dates for M R Maniveni Foods IPO?
The M R Maniveni Foods IPO will be open for applications from 22 May '26 to 26 May '26
What is the lot size and minimum order quantity of M R Maniveni Foods IPO?
The lot size of M R Maniveni Foods IPO is 2000 Shares and its minimum investment amount is ₹2,04,000.
What is the GMP value of M R Maniveni Foods IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for M R Maniveni Foods IPO is 0
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