M R Maniveni Ipo
M R Maniveni Foods IPO Review & Key Points
Review: Neutral
IPO Lead Managers aka Merchant Bankers
Capital Square Advisors Pvt. Ltd.
| Name of the Company | Face Value (₹) | EPS basic (₹) | EPS Diluted (₹) | RONW (%) | P/E Ratio | NAV (₹) |
| Powerica Limited | 5 | 15.26 | 15.26 | 15.37 % | 24.45 | 99.76 |
| Listed Peers | ||||||
| Cummins India Limited | 2 | 72.15 | 72.15 | 26.45% | 64.13 | 272.78 |
| Kirloskar Oil Engines Limited | 2 | 33.71 | 33.60 | 15.85% | 43.24 | 212.60 |
| NTPC Green Energy Limited | 10 | 0.67 | 0.67 | 2.58% | 129.40 | 21.88 |
| Acme Solar Holdings Limited | 2 | 4.55 | 4.53 | 5.59% | 50.74 | 74.54 |
| Adani Green Energy Limited | 10 | 8.37 | 8.37 | 11.90% | 101.53 | 76.62 |
| IPO Open Date | May 22, 2026 |
| IPO Close Date | May 26, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹51 to ₹52 Per Share |
| Issue Size | Approx ₹27.04 Crores |
| Fresh Issue | Approx ₹27.04 Crores |
| Issue Type | Bookbuilding Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 4,000 | ₹2,08,000 |
| Retail Maximum | 2 | 4,000 | ₹2,08,000 |
| S-HNI Minimum | 3 | 6,000 | ₹3,12,000 |
| S-HNI Maximum | 9 | 18,000 | ₹9,36,000 |
| B-HNI Minimum | 10 | 20,000 | ₹10,40,000 |
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | 14,70,000 Shares | 28.27% |
| QIB (Ex. Anchor) | 9,82,000 Shares | 18.88% |
| NII Shares Offered | 7,56,000 Shares | 14.54% |
| Retail Shares Offered | 17,32,000 Shares | 33.31% |
| Anchor Bidding Date | May 21, 2026 |
| Anchor Investors List | |
| Shares Offered | 14,70,000 Shares |
| Anchor Size | 7.64 Cr. |
| lock-in period end date 50% shares (30 Days) | June 26, 2026 |
| lock-in period end date 50% shares (90 Days) | August 25, 2026 |
| IPO Open Date: | May 22, 2026 |
| IPO Close Date: | May 26, 2026 |
| Basis of Allotment: | May 27, 2026 |
| Refunds: | May 29, 2026 |
| Credit to Demat Account: | May 29, 2026 |
| IPO Listing Date: | June 1, 2026 |
| IPO Bidding Cut-off Time: | May 26, 2026 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,43,72,400 | 98.68% |
| Promoter Holding Post Issue | 1,95,72,400 | -% |
| Purpose | Crores |
| Funding for Capital Expenditure requirements towards Construction of Factory | ₹12.69 |
| Funding for Capital Expenditure requirements towards purchase of Plant and Machinery. | ₹14.74 |
| General Corporate Purpose | ₹7.01 |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹119.61 | ₹117.68 | ₹1.56 | ₹24.80 |
| 2024 | ₹155.00 | ₹152.00 | ₹2.18 | ₹29.02 |
| 2025 | ₹203.52 | ₹198.13 | ₹4.13 | ₹41.12 |
| Dec 2025 | ₹116.19 | ₹111.67 | ₹3.34 | ₹49.92 |
| KPI | Values |
| ROE: | 26.67% |
| ROCE: | 17.14% |
| EBITDA Margin: | 3.84% |
| PAT Margin: | 2.03% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹2.96 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 27.61% |
| Net Asset Value (NAV): | ₹12.56 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Sameera Agro and Infra Limited | 11.93 | 0.71 | 13.36% | 101.20 | 236.46 Cr. |
| Jeyyam Global Food Limited | 4.65 | 7.96 | 19.57% | 35.23 | 763.37 Cr. |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹184.81 | ₹154.97 | ₹32.10 | ₹251.58 |
| 2024 | ₹206.45 | ₹175.85 | ₹34.44 | ₹339.25 |
| 2025 | ₹322.58 | ₹261.43 | ₹28.13 | ₹455.49 |
| Dec 2025 | ₹236.50 | ₹186.96 | ₹38.69 | ₹561.34 |