The CMR Green Technologies IPO subscription opened on June 3, 2026, and will close on…
M R Maniveni Foods IPO Subscription Status Day-3: Live Bidding
M R Maniveni Foods IPO subscription opened on Friday, May 22, 2026, and the public issue will close on May 26, 2026. The company aims to raise around ₹27.04 crores through the IPO. The investor allocation includes 50% reserved for QIB investors, 15% for NII investors, and 35% for retail investors. The IPO price band has been fixed at ₹51 to ₹52 per equity share.
The M R Maniveni Foods IPO is categorized under the SME segment and is proposed to be listed on the BSE SME platform. Investors can apply with a minimum market lot of 4,000 shares, requiring an application amount of ₹2,08,000. With its SME listing and balanced quota distribution, the IPO is expected to attract attention from investors looking for opportunities in the food processing and FMCG sector.
M R Maniveni Foods IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 1.00 | 1.00 | 1.00 |
| NII | 1.66 | 1.57 | 0.68 |
| RII | 0.89 | 1.53 | 1.60 |
| Total | 1.09 | 1.39 | 1.45 |
About Company
M R Maniveni Foods Limited is a Chennai-based company involved in the processing and trading of pulses, rice, and food grains. The business journey began in 1950 when Mr. K Ramasamy established the foundation at Sankarankovil with a focus on pulse and rice trading across Kerala and southern regions of India. Over the years, the company expanded its operations under the guidance of Mr. K.R. Manikandan, transforming from a small trading business into a recognized food processing enterprise.
The company enhanced its business presence by setting up additional firms, increasing milling capacity, and expanding into regional markets through its Cochin branch. Incorporated in Chennai, M R Maniveni Foods Limited operates with decades of industry experience and focuses on supplying quality food products through efficient processing and distribution systems. The company uses modern processing technology to deliver hygienically cleaned and packaged pulses and grains.
M R Maniveni Foods Limited aims to provide nutritious, affordable, and preservative-free food products without compromising on traditional quality and taste. With experienced management and a customer-focused approach, the company continues to strengthen its position in the food processing and agricultural sector.
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