M R Maniveni Foods IPO Set to Launch on May 22: Essential Details Inside!
M R Maniveni Foods Ltd, incorporated in 2010, is set to launch its IPO from May 22 to May 26, 2026, with an issue price band of INR 51 to 52 per share. The total size of the IPO is approximately INR 26.52 to 27.04 crores, with a fresh issue of 52,00,000 shares. The stock will be listed on the BSE SME platform, targeting retail investors with a minimum bid of 4,000 shares, translating to an investment of INR 2,04,000 to 2,08,000. M R Maniveni Foods has established itself in the Indian food industry, primarily focusing on manufacturing and trading key pulses, witnessing significant revenue growth over the years.
In terms of financial performance, M R Maniveni Foods reported a steady increase in revenue, growing from INR 119.58 crores in FY 2023 to INR 203.48 crores in FY 2025. The company’s earnings per share (EPS) also reflect this positive trend, moving from INR 1.11 to INR 2.74 over the same period. With a revenue mix largely dominated by manufacturing—93.09% in FY 2025—it appears well-positioned for sustainable growth. However, the grey market premium (GMP) and sentiment ahead of the IPO will be crucial indicators for investors, especially in gauging initial market interest and demand, which is still pending as specific GMP figures have not yet been reported.
For Indian investors, the M R Maniveni Foods IPO presents an appealing opportunity given the company’s robust growth trajectory and established operational framework. The investment landscape is shaped by both the company’s strong fundamentals and the increasing focus on domestic food supply chains. Investors may view this listing as a chance to participate in a niche segment of the food industry, particularly in pulses, which are staple ingredients in Indian cuisine. As always, potential investors should stay attuned to market sentiments during the IPO period and consider the overall economic environment before making their investment decisions.
Source: The Economic Times
(Expert Note: This report was prepared by the Wealthova IPO team.)