M R Maniveni Foods Ltd Share Price

M R Maniveni Foods Limited was originally incorporated on June 30, 2010 as K.R.M. Ramadevi Enterprises Private Limited and the Certificate of Incorporation was issued by the Deputy Registrar of Companies, Chennai. The name of Company was changed to M. Ramadevi Enterprises Private Limited on May 13, 2021. Thereafter, the name of Company was changed to M R Maniveni Foods Private Limited dated February 10, 2025 in Chennai. Company was converted from a private limited company to public limited company and the name of Company was changed to M R Maniveni Foods Limited and a fresh Certificate of Incorporation dated February 24, 2025 was issued by the Registrar of Companies, Central Processing Centre.Over more than 15 years in food industry, Company specialize in manufacturing and/or processing and supply of pulses, mainly Urad Dal and Toor Dal. The Company commenced operations in 2010 focsuing on manufacturing urad dal and trading a diversified range of products including urad dal, toor dal, moong dal, kabuli channa, green gram dal, coriander seeds, rice, and chillies. This product diversification enabled it to serve a wider customer base, strengthen the presence in the pulses segment, and build industry experience across multiple categories.In the initial years, manufacturing was carried out through manual processes for urad dal. In 2022, recognizing the increasing demand for urad dal, Company transformed to automation by installing advanced automatic machinery requiring minimal human intervention. In 2023, it further expanded operations by introducing the manufacturing of toor dal through a semimanual process, blending traditional methods with selective mechanization to retain flexibility in operations.At present, Company operate two manufacturing facilities: Automated unit for urad dal, equipped with advanced machinery and technology, delivering consistent and efficient largescale production. Semimanual unit for toor dal, which combines traditional processing with mechanization to provide adaptability and controlled expansion capability. Company also supply the processed pulses to largeformat retailers, wholesalers, and ecommerce.Company is planning the initial public offering of 65,00,000 equity shares of face value of Rs 10 each through fresh issue.