How to Apply for the M R Maniveni Foods IPO: Step-by-Step Investment Guide

Summary:
 

M R Maniveni Foods Ltd is engaged in the processing, packaging, and distribution of pulses such as urad dal and toor dal for the B2B market segment. The M R Maniveni Foods IPO is scheduled to open on May 22, 2026, and close on May 26, 2026. The public issue consists of 52,00,000 shares with a price band of ₹51 to ₹52 per share. The IPO is proposed to be listed on the SME platform of BSE. The company plans to utilise the issue proceeds towards factory construction, purchase of plant and machinery, and general corporate purposes. Retail investors can apply for a minimum lot size of 4,000 shares.

M R Maniveni Foods Ltd operates in the food processing sector with a primary focus on the processing, packaging, and distribution of pulses such as urad dal and toor dal. The company caters mainly to the B2B segment and undertakes activities including procurement, cleaning, grading, and packaging of food products. Its operations are supported by quality control processes and supply chain management practices aimed at maintaining consistency in product standards. The company’s business activities are linked to demand from wholesalers, traders, and commercial buyers within the staples and packaged food segment. The company has established its presence in the pulses industry through its operational focus on dal manufacturing and distribution. Its business model is centred on maintaining business continuity and serving a diversified customer base within the food processing market. The company also states that its operations are supported by experienced management and scalable business processes. The company continues to operate within the organised pulses processing segment through its procurement, processing, packaging, and distribution activities. 

Investors can apply for the M R Maniveni Foods Ltd IPO through the ASBA facility available in net banking platforms or through supported stock market applications provided by registered brokers. Applicants are generally required to log in to their trading or banking platform, select the IPO section, choose the relevant public issue, and enter the bid quantity along with the preferred price within the announced price band. Investors must also ensure that their PAN, bank account, and demat account details are linked and active before placing an application. After submission of the IPO application, the bid amount remains blocked in the applicant’s bank account until the allotment process is completed. Investors can check application status through the registrar’s platform or exchange websites after the issue closes. In case of allotment, shares are credited to the investor’s demat account, while unallotted amounts are released by the bank as per the applicable process. Applicants may review the red herring prospectus and official filings before making an investment decision.

For more details, visit the M R Maniveni Foods IPO page.

M R Maniveni Foods IPO Details and Objectives

Details

Information

IPO Date

May 22, 2026 to May 26, 2026

Issue Size

52,00,000 shares (agg. up to ₹27.04 Cr)

Price Band

₹51 to ₹52 per share

Lot Size

2,000 shares

Listing At

SME, BSE 

Market Maker

CapitalSquare Financial Services Pvt. Ltd. 

Purpose of the IPO

  • Funding for capital expenditure requirements towards construction of factory 

  • Funding for capital expenditure requirements towards purchase of plant and machinery 

  • General corporate purposes

Timeline of M R Maniveni Foods IPO

Event

Date

IPO Open Date

Fri, May 22, 2026

IPO Close Date

Tue, May 26, 2026 

Tentative Allotment

Wed, May 27, 2026

Initiation of Refunds

Fri, May 29, 2026 

Credit of Shares to Demat

Fri, May 29, 2026

Tentative Listing Date

Mon, Jun 1, 2026 

Cut-off time for UPI mandate confirmation

5 PM on Tue, May 26, 2026

Pricing & Lot Size of M R Maniveni Foods IPO

Price Band for the IPO

  • ₹51 to ₹52 per share

Minimum Lot Size and Application Details

Application

Lots

Shares

Amount

Individual investors (Retail) (Min)

2

4,000

₹2,08,000

Individual investors (Retail) (Max)

2

4,000

₹2,08,000

S-HNI (Min)

3

6,000

₹3,12,000

S-HNI (Max)

9

18,000

₹9,36,000

B-HNI (Min)

10

20,000

₹10,40,000

M R Maniveni Foods IPO Application Process

The M R Maniveni Foods IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:

Step 1: Login to Your Trading Platform

Access your trading account using the trading platform.

Step 2: Navigate to the IPO Section

Go to the IPO section to view active IPO listings.

Step 3: Select the Open IPO and Click Apply

Locate M R Maniveni Foods IPO in the list of available IPOs and click the ‘Apply’ button.

Step 4: Enter the Quantity of Shares You Wish to Apply For

Specify the number of shares (lot size: 2,000 shares) within the price band of ₹51 to ₹52 per share.

Step 5: Provide Your UPI ID

Enter your UPI ID for payment authorisation and ensure sufficient funds in your bank account.

Step 6: Confirm the Application

Review your application details and confirm the UPI mandate before 5 PM on the last application day.

Step 7: Complete the Process and Wait for IPO Allotment Status

Submit the application and monitor the allotment status to check if shares have been allocated to you.

Shares Offered in M R Maniveni Foods IPO

The allocation of shares in the M R Maniveni Foods IPO is structured across investor categories in line with applicable regulatory requirements. The issue provides defined reservations for qualified institutional buyers, non-institutional investors, and retail individual investors, with each category allotted a specified proportion of the net issue. The allocation structure shows the distribution of shares across various investor categories.

Investor Category

Shares Offered

QIB Shares Offered

24,52,000

  − Anchor Investor Shares Offered

14,70,000

  − QIB (Ex. Anchor) Shares Offered

9,82,000

NII (HNI) Shares Offered

7,56,000

  − bNII > ₹10L

5,04,000

  − sNII < ₹10L

2,52,000

Retail Shares Offered

17,32,000

Firm Reservations

Market Maker Shares Offered

2,60,000

Total Shares Offered

52,00,000

This reservation structure reflects the categorisation and allocation approach disclosed for the issue, indicating the proportion of shares available to each investor segment.

Financial Health and Performance

Key Financial Metrics

  • Total Assets: Grew from ₹24.80 crore in FY23 to ₹41.12 crore as of March 2025.

  • Total Income: Recorded at ₹203.52 crore in March 2025, as compared to ₹119.61 crore in FY23.

  • Profit After Tax (PAT): Reported at ₹4.13 crore in March 2025, and ₹1.56 crore in FY23.

  • Net Worth: Recorded at ₹18.59 crore in March 2025 compared to ₹10.18 crore in FY23.

  • Reserves & Surplus: Stood at ₹4.22 crore in March 2025, as compared to ₹7.89 crore in FY23.

  • Total Borrowings: Stood at ₹20.46 crore in March 2025, as compared to ₹9.93 crore in FY23.

  • EBITDA: Stood at ₹7.82 crore in March 2025 in comparison to ₹3.72 crore in FY23.

Recent Performance and Growth Prospects

  • The company reported growth in its overall business scale during the reviewed financial period, supported by higher operational activity and expansion in revenue generation.

  • Growth in income may indicate increased demand for the company’s food processing and distribution operations within its existing business segments.

  • The company's existing industry presence, customer relationships, and operational structure may support its business continuity in the packaged pulses segment.

  • The company’s asset base expanded over time, which may support future operational requirements, procurement activities, and distribution capabilities.

  • Net worth growth indicates strengthening of the company’s financial position during the reported period.

  • The business continues to focus on its dal processing operations, with emphasis on maintaining supply continuity and servicing B2B customers.

  • Borrowings increased during the period under review, indicating utilisation of external funding for business and operational requirements.

  • Operational earnings showed growth during the reviewed period, reflecting changes in scale of operations and business activity.

Investment Risks and Opportunities

Potential Risks of Investing in the IPO

  • The company’s operations are concentrated primarily in the pulses segment, particularly urad dal and toor dal, which may expose the business to fluctuations in raw material availability, procurement costs, and changes in demand within the staples market.

  • The increase in borrowings during the reviewed financial period indicates dependence on external funding for operational and capital expenditure requirements, which may impact financial obligations and working capital management.

Opportunities and Growth Potential

  • The company’s proposed utilisation of IPO proceeds towards factory construction and purchase of plant and machinery may support expansion in operational capacity and processing infrastructure.

  • Growth in business scale, expansion in income, and continued participation in the organised food processing segment may support the company’s business continuity and customer reach within the B2B pulses market.

Key Performance Indicator (KPI)

KPI

Dec 31, 2025

Mar 31, 2025

ROE

16.48%

26.67%

ROCE

12.58%

17.14%

Debt/Equity

1.02

1.10

RoNW

16.92%

27.61%

PAT Margin

2.87%

2.03%

EBITDA Margin

5.74%

3.84%

Price to Book Value

3.49

4.14

M R Maniveni Foods IPO Registrar & Lead Managers

Registrar

Lead Manager(s)

Bigshare Services Pvt. Ltd.

Capital Square Advisors Pvt. Ltd. 

Company Address of 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/

Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your M R Maniveni Foods IPO allotment status.

Frequently Asked Questions

Published Date : 20 May 2026

Disclaimer :

Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.


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Content Partner - Dalal Street Investment Journal Wealth Advisory Private Limited



This article is for educational purposes only and should not be considered investment advice. Market investments are subject to risks. DSIJ Wealth Advisory Private Limited is a SEBI-registered Research Analyst (Reg. No: INH000006396) and Investment Adviser (Reg. No: INA000001142). Please consult your financial adviser before investing. 

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