The M R Maniveni Foods IPO minimum market lot is 4,000 shares with ₹2,08,000 application amount. The M R Maniveni Foods IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
Founded on June 30, 2010, M R Maniveni Foods Ltd. is involved in the processing, packaging, and distribution of food products. The company provides quality and hygienic food items to meet different customer needs. It uses modern processing methods, strong supply chain systems, and strict quality checks to maintain good taste and nutrition in its products. The company’s strengths include its long experience in the pulses industry, skilled promoters and professional management team, scalable business model, strong focus on dal manufacturing, wide B2B customer base, and smooth business operations. The main business was the trading of pulses and rice in Kerala and other southern states of India.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
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 | 1.88 |
| RII | 0.89 | 1.53 | 2.09 |
| Total | 1.09 | 1.39 | 1.74 |
M R Maniveni Foods IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
M R Maniveni Foods IPO Review and Rating
- May Apply For Long-term View
M R Maniveni Foods IPO Form
How to apply for the M R Maniveni Foods IPO? You can apply for M R Maniveni Foods IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the M R Maniveni Foods IPO in the Invest section. The other option is you can apply for M R Maniveni Foods IPO via IPO forms downloaded online. Check out the M R Maniveni Foods forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
