M R Maniveni IPO Subscription Status Day-2: Live Bidding

M R Maniveni Foods IPO subscription status opened on Friday, May 22, 2026, and the public issue will close on May 26, 2026. The company plans to raise around ₹27.04 crores through the IPO. The allocation structure includes 35% for retail investors, 50% for QIB, and 15% for NII investors. The IPO price band has been fixed at ₹51 to ₹52 per equity share.

The minimum market lot for the M R Maniveni Foods IPO is 4,000 shares, with an application amount of ₹2,08,000. M R Maniveni Foods IPO is an SME IPO and will be listed on the BSE SME platform.

M R Maniveni Foods IPO Subscription Status – Day 2

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.