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Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Construction of a New Factory
Construction of a new processing factory to establish fully automated Toor Dal processing capacity.
Purchase of Plant and Machinery
Purchase of plant and machinery to expand processing automation and operational efficiency.
General Corporate Purposes
General corporate purposes and issue related expenses.
(₹ in Crore)
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Incorporated in 2010 and headquartered in Chennai, Tamil Nadu, M. R. Maniveni Foods Limited (formerly K.R.M. Ramadevi Enterprises Private Limited) is a food processing and agricultural commodities distribution company. The company specializes in the milling, processing, grading, color-sorting, packaging, and supply of pulses, with a primary commercial focus on Urad Dal and Toor Dal under the brand name 'MR Gold'. Operating processing and distribution infrastructure in South India, M. R. Maniveni Foods supplies bulk and packaged pulses through a B2B distribution network encompassing regional wholesalers, retail chains, institutional buyers, and digital grocery platforms. The company processes raw pulses through automated sorting and cleaning machinery to meet food safety and quality compliance standards. To support growing market demand and scale processing efficiency, the company is establishing a fully automated integrated Toor Dal processing factory. Proceeds from its 2026 public issue are dedicated toward funding civil construction for the new factory facility and procuring advanced automated milling, sorting, and packaging machinery.
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Source: RHP • Analysis provided for informational purposes
Last Updated: 22 August 2026, 8:40 AM
Established Brand & Regional B2B Network
Strong market presence in Tamil Nadu and South India with established distribution channels across wholesalers and retail chains.
Integrated Processing Infrastructure
In-house milling, cleaning, and color-sorting capabilities ensuring consistent pulse quality and grade standards.
Capacity Expansion via New Factory Unit
Investment in a fully automated processing facility to significantly boost production volumes and operational margins.
Agricultural Commodity Price Volatility
Fluctuations in pulse crop yields, seasonal harvests, and raw material procurement costs directly impact operating margins.
Working Capital & Inventory Intensity
High working capital requirements for seasonal raw pulse stocking and maintaining adequate finished inventory.
Geographic & Product Concentration
A major portion of revenues is generated within South India and depends heavily on primary pulse varieties.
M. R. MANIVENI FOODS LIMITED
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