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IPOs, NCDs, OFS, Rights Issues, Buyback and Stock Brokers

IPO Open

Fri, May 22, 2026

IPO Close

Tue, May 26, 2026

Price Band

₹51 to ₹52

Market Cap (Pre-IPO)

₹101.78 Cr

IPO Details

  • IPO Date
    22 to 26 May, 2026
  • Listing Date
    Mon, Jun 1, 2026T
  • Face Value
    ₹10 per share
  • Price Band
    ₹51 to ₹52
  • Lot Size
    2,000 Shares
  • Sale Type
    Fresh capital only
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE SME
  • Total Issue Size
    52,00,000 shares (agg. up to ₹27 Cr)
  • Reserved for Market Maker
    2,60,000 shares (agg. up to ₹1 Cr) CapitalSquare Financial Services Pvt.Ltd.
  • Fresh Issue (Ex Market Maker)
    49,40,000 shares (agg. up to ₹26 Cr)
  • Net Offered to Public
    49,40,000 shares (agg. up to ₹26 Cr)
  • Share Holding Pre Issue
    1,43,72,400 shares
  • Share Holding Post Issue
    1,95,72,400 shares

IPO Timetable (Tentative)

  • IPO Open
    Fri, May 22, 2026
  • Allotment
    Wed, May 27, 2026
  • Credit of Shares
    Fri, May 29, 2026
  • IPO Close
    Tue, May 26, 2026
  • Refund
    Fri, May 29, 2026
  • Listing
    Mon, Jun 1, 2026

Issue Reservation

M R Maniveni IPO comprises a total issue size of 52,00,000 shares. The net offer to the public is 49,40,000 shares, after excluding 2,60,000 shares allotted on a firm basis. Of the Net offer 24,52,000 (49.64%) are allocated to QIB, 7,56,000 (15.30%) allocated to NII 17,32,000 (35.06%) allocated to RII.

Investor Category Shares Offered % of Net Issue % of Total Issue
QIB Shares Offered 24,52,000 49.64% 47.15%
  − Anchor Investor Shares Offered 14,70,000 28.27%
  − QIB (Ex. Anchor) Shares Offered 9,82,000 18.88%
NII (HNI) Shares Offered 7,56,000 15.30% 14.54%
  − bNII > ₹10L 5,04,000 9.69%
  − sNII < ₹10L 2,52,000 4.85%
Retail Shares Offered 17,32,000 35.06% 33.31%
Firm Reservations
Market Maker Shares Offered 2,60,000 5.00%
Total Shares Offered 52,00,000 100.00% 100.00%

IPO Lot Size

Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.

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

IPO Subscription Details

IPO Stock Quote & Charts

IPO Anchor Investors

M R Maniveni IPO raises ₹7.64 crore from anchor investors. M R Maniveni IPO Anchor bid date is May 21, 2026.
📝 Anchor Investors Letter (PDF)

Bid Date Thu, May 21, 2026
Shares Offered 14,70,000
Anchor Portion (₹ Cr.) 7.64
Anchor lock-in period end date for 50% shares (30 Days) Fri, Jun 26, 2026
Anchor lock-in period end date for remaining shares (90 Days) Tue, Aug 25, 2026
IPO Anchor Investors List

About M R Maniveni Foods Ltd.

Incorporated on June 30 2010, M R Maniveni Foods Ltd. is engaged in the business of processing, packaging, and distribution of food products.

The company focuses on offering quality, safe, and hygienically prepared food items catering to diverse consumer preferences.

It emphasizes modern processing techniques, robust supply chain practices, and strict quality control to ensure consistent taste and nutrition across its product portfolio.

Product Portfolio is focused on Urad Dal and Toor Dal.

As of April 30, 2026, the company had a team of approximately 16 employees.

Competitive Strengths:

  • Longstanding presence in the pulses industry
  • Experienced Promoters and Professional Management
  • Scalable Business Model
  • Focused on Manufacturing of Dal
  • Wide range of Customers in B2B segment
  • Smooth Flow of Operations

Company Financials (Restated)

Period Ended 31 Dec 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 49.92 41.12 29.02 24.80
Total Income 116.19 203.52 155.00 119.61
Profit After Tax 3.34 4.13 2.18 1.56
EBITDA 6.67 7.82 5.05 3.72
NET Worth 21.93 18.59 12.36 10.18
Reserves and Surplus 7.55 4.22 10.07 7.89
Total Borrowing 22.40 20.46 15.00 9.93
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Funding for Capital Expenditure requirements towards Construction of Factory
    12.69
  • 2 Funding for Capital Expenditure requirements towards purchase of Plant and Machinery.
    13.61
  • 3 General Corporate Purposes
  • Total
    26.30

IPO Review

[Dilip Davda]

MRML is engaged in the business of milling, processing and supply of pulses, and other agri commodities. It had adopted automatic and semi-automatic milling units to scale up its operations. It posted growth in its top and bottom lines for the reported periods. Based on its recent financial data/earnings, the issue appears aggressively priced. It is operating in a highly competitive and fragmented segment, and that may not permit such higher margins. Merchant Banker has a poor track record. There is no harm in skipping this pricey offer.

Read detail review…

M R Maniveni IPO Recommendations

Review By Subscribe May Apply Neutral Avoid
Brokers 1 0 0 0
Members 0 0 0 0

IPO Subscription Status

The M R Maniveni IPO is subscribed 1.09 times on May 22, 2026 5:05:57 PM (Day 1). The public issue subscribed 0.89 times in the individual investors category, 1.00 times in the QIB category, and 1.66 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (x) Shares Offered Shares bid for Total Applications
QIB (Ex Anchor) 1.00 9,82,000 9,82,000 0
NII* 1.66 7,56,000 12,52,000 0
    bNII (> ₹10L) 2.45 5,04,000 12,36,000
    sNII (< ₹10L) 0.06 2,52,000 16,000
Individual Investor 0.89 17,32,000 15,44,000 0
Total 1.09 34,70,000 37,78,000 428

Total Applications: 428

*Market Maker portion is not included to NII/HNI.

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
Check IPO Peer Comparison here.
Pre IPO Post IPO
EPS (₹) 2.87 2.27
P/E (x) 18.11 22.87
Promoter Holding 98.68%
Market Cap ₹101.78 Cr.
K R Manikandan, M Chandra and K Selvam are the promoters of the company.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of December 31, 2025 available in RHP.

IPO Review

[Dilip Davda]

MRML is engaged in the business of milling, processing and supply of pulses, and other agri commodities. It had adopted automatic and semi-automatic milling units to scale up its operations. It posted growth in its top and bottom lines for the reported periods. Based on its recent financial data/earnings, the issue appears aggressively priced. It is operating in a highly competitive and fragmented segment, and that may not permit such higher margins. Merchant Banker has a poor track record. There is no harm in skipping this pricey offer.

Read detail review…

M R Maniveni IPO Recommendations

Review By Subscribe May Apply Neutral Avoid
Brokers 1 0 0 0
Members 0 0 0 0

IPO Stock Quote & Charts

IPO Subscription Status

The M R Maniveni IPO is subscribed 1.09 times on May 22, 2026 5:05:57 PM (Day 1). The public issue subscribed 0.89 times in the individual investors category, 1.00 times in the QIB category, and 1.66 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (x) Shares Offered Shares bid for Total Applications
QIB (Ex Anchor) 1.00 9,82,000 9,82,000 0
NII* 1.66 7,56,000 12,52,000 0
    bNII (> ₹10L) 2.45 5,04,000 12,36,000
    sNII (< ₹10L) 0.06 2,52,000 16,000
Individual Investor 0.89 17,32,000 15,44,000 0
Total 1.09 34,70,000 37,78,000 428

Total Applications: 428

*Market Maker portion is not included to NII/HNI.

IPO Registrar

Bigshare Services Pvt.Ltd.

IPO Lead Manager(s)

  1. Capital Square Advisors Pvt.Ltd.  (Past IPO Performance)

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

M R Maniveni Foods Ltd. Address
S.No.220/3A-3B, Madhavaram-Redhills,
High Road (Near Vadaperumbakkam),
Madhavaram,
Chennai, Tamil Nadu, 600060

IPO FAQs

M R Maniveni IPO is a SME IPO of 52,00,000 equity shares of the face value of ₹10 aggregating up to ₹27 Crores. The issue is priced at ₹51 to ₹52. The minimum order quantity is 2000.

The IPO opens on Fri, May 22, 2026, and closes on Tue, May 26, 2026.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in M R Maniveni IPO using UPI as a payment gateway. Zerodha customers can apply in M R Maniveni IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in M R Maniveni IPO through Zerodha

Visit the Zerodha website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘M R Maniveni IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Zerodha IPO Application Process Review for more detail.

The M R Maniveni IPO opens on Fri, May 22, 2026 and closes on Tue, May 26, 2026.

M R Maniveni IPO lot size is 2000, and the minimum amount required for application is ₹2,08,000, with 2 lots being the minimum application size.

You can apply in M R Maniveni IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for M R Maniveni IPO will be done on Wednesday, May 27, 2026, and the allotted shares will be credited to your demat account by Fri, May 29, 2026. Check the M R Maniveni IPO allotment status.

The M R Maniveni IPO listing date is not yet announced. The tentative date of listing is Mon, Jun 1, 2026.

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