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News Details

( As on 19/05/2026 11:00)

M R Maniveni Foods announces launch of initial public offering

M R Maniveni Foods Ltd. has announced public offering of 5200000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 42.00 per share. The gross proceeds of the issue are expected to be Rs 2,704.00 lakhs.

The company's initial public offer (IPO) will open on 22 May 2026 and is expected to close on 26 May 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 51.00-52.00 per share.

The IPO includes a fresh Issue of 5200000 Equity Shares of the Company at an price of Rs 52.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.

M R Maniveni Foods Ltd. anticipates using the proceeds of the issue for .

CapitalSquare Advisors Pvt. Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.