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MANIVENI · BSE · FMCG
M R Maniveni Foods IPO listed on 01 Jun 2026 on BSE at ₹42.55, a loss of 18.17% over the issue price of ₹52.00. The IPO was subscribed 1.73x overall.
M R Maniveni Foods IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 22 May 2026 |
| IPO Close Date | 26 May 2026 |
| Basis of Allotment | 27 May 2026 |
| Initiation of Refunds | 29 May 2026 |
| Credit of Shares to Demat | 29 May 2026 |
| Listing Date | 01 Jun 2026 |
Listing day gain
-18.17%
Listed at ₹42.55 (issue ₹52)
Issue
₹52
Listing
₹42.55
Current
₹41.13
-20.9% vs issue
Day range
₹40.52 – ₹44.66
Issue Size
5,200,000 shares
(aggregating up to ₹27.00 Cr)
Issue Price
₹51 – ₹52
Face Value
₹10/share
Market Lot
2,000 shares
Retail Min Investment
₹208,000
Listing At
BSE
Sale Type
fresh issue
Fresh Issue
4,940,000 shares
(aggregating up to ₹26 Cr)
Offer for Sale
[.]
Reserved for Market Maker
260,000 shares
(aggregating up to ₹1.00 Cr)
Issue Type
book building
Open Date
22 May
Close Date
26 May
Allotment
27 May
Listing
01 Jun
Last updated: 4 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 30 May 2026 Latest | ₹52 | ₹0 | ₹52 | ₹0 |
0%
|
1:54 PM |
| 29 May 2026 | ₹52 | ₹0 | ₹52 | ₹0 |
0%
|
10:11 AM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 26 May 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 1x | - |
| NII | 1.88x | - |
| bNII (bids above ₹10L) | 2.1x | - |
| sNII (bids below ₹10L) | 1.44x | - |
| Individual Investors | 2.09x | - |
| Total | 1.73x | - |
Showing the latest subscription snapshot.
View full subscription historyK R Manikandan, M Chandra and K Selvam are the promoters of the company.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹208,000 |
| Retail (Max) | 2 | 4,000 | ₹208,000 |
| S-HNI (Min) | 3 | 6,000 | ₹312,000 |
| S-HNI (Max) | 9 | 18,000 | ₹936,000 |
| B-HNI (Min) | 10 | 20,000 | ₹1,040,000 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 2,452,000 (47.15%) |
|
•
Anchor Investor Shares Offered
|
1,470,000 (28.27%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
982,000 (18.88%) |
| NII (HNI) Shares Offered | 756,000 (14.54%) |
|
•
bNII > ₹10L
|
504,000 (9.69%) |
|
•
sNII < ₹10L
|
252,000 (4.85%) |
| Individual Investors Shares Offered | 1,732,000 (33.31%) |
| Market Maker Shares Offered | 260,000 (5.00%) |
| Total Shares Offered | 5,200,000 (100.00%) |
M R Maniveni Foods Limited isn't trying to do too many things at once. The Chennai-based company processes two pulses Urad Dal and Toor Dal and has been doing exactly that for over 15 years.
Their plant is in Thiruvallur, Tamil Nadu. Urad Dal gets the automated treatment; Toor Dal is still processed manually. Most of what they produce goes to retailers, wholesalers, and e-commerce platforms across Tamil Nadu and Karnataka strictly B2B, no consumer-facing brand to speak of.
The financials are hard to ignore. Revenue crossed ₹203 crore in FY25, up from ₹119 crore just two years earlier. Profit after tax tripled in that same window from ₹1.52 crore in FY23 to ₹3.88 crore in FY25. For a small pulse processor, that's a fairly clean growth curve.
In September 2025, the company filed a DRHP to list on the BSE SME platform. The IPO is a full fresh issue 65 lakh shares, no existing shareholders cashing out. The money goes toward building a new factory and buying better machinery, with a clear focus on automating more of the Urad Dal operation.
Three promoters run the show K R Manikandan, M Chandra, and K Selvam all from the pulses trade. It's a focused, unglamorous business, but the numbers suggest they're running it well.
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 119.61 | 155 | 203.52 |
| Profit After Tax (PAT) | 1.52 | 2.2 | 3.88 |
| EBITDA | 3.72 | 5.05 | 7.82 |
| Total Assets | 24.8 | 28.57 | 40.44 |
| Net Worth | 10.15 | 12.35 | 18.33 |
| Reserves & Surplus | 7.85 | 10.05 | 3.95 |
| Total Borrowing | 9.93 | 15 | 20.46 |
Revenue & Profit Trend
The basis of allotment for M R Maniveni Foods IPO was finalised on 27 May 2026. You can check your allotment status using your PAN number or application number on the Bigshare Services Private Limited portal or BSE.
The M R Maniveni Foods IPO is expected to open in May 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for M R Maniveni Foods IPO is ₹51.00 - ₹52.00 per share.
As per market sources, M R Maniveni Foods IPO GMP is currently ₹0.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for M R Maniveni Foods IPO stands at 1.73x overall.
The listing date for M R Maniveni Foods IPO is 01 Jun 2026.
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