31 Mar 2023
Assets24.80
Total Income119.61
EBITDA3.72
Profit After Tax1.56
NET Worth10.18
Reserves and Surplus7.89
Total Borrowing9.93
At a glance
Updated 2026-09-09M R Maniveni is a SME IPO with an issue size of ₹27.04 crore, proposed for listing on BSE SME. The offer opens on 22nd May 2026 and closes on 26th May 2026. The issue structure includes a fresh issue of ₹25.69 crore.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹27.04 Cr
Fresh issue₹25.69 Cr
Face value₹10
Price band₹51.00–₹52.00
Allotment27th May 2026
Listing1st Jun 2026
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper price0.00%
Est. listing₹52.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens22nd May 2026
Closes26th May 2026
Allotment27th May 2026
Refund29th May 2026
Demat29th May 2026
Listing1st Jun 2026
Subscription demand
Full bidding ↗Total1.74×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 4000 | ₹208,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding for Capital Expenditure requirements towards Construction of Factory | ₹8.85 Cr |
| Funding for Capital Expenditure requirements towards purchase of Plant and Machinery. | ₹10.44 Cr |
| General Corporate Purposes | ₹3.73 Cr |
| Issue Expenses | ₹4.02 Cr |
| Total | ₹27.04 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue116.19₹ Cr · -42.9% vs prior year
EBITDA6.67₹ Cr · -14.7% vs prior year
PAT3.34₹ Cr · -19.1% vs prior year
Assets49.92₹ Cr · +21.4% vs prior year
Net Worth21.93₹ Cr · +18.0% vs prior year
Borrowing22.40₹ Cr · +9.5% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets29.02
Total Income155.00
EBITDA5.05
Profit After Tax2.18
NET Worth12.36
Reserves and Surplus10.07
Total Borrowing15.00
31 Mar 2025
Assets41.12
Total Income203.52
EBITDA7.82
Profit After Tax4.13
NET Worth18.59
Reserves and Surplus4.22
Total Borrowing20.46
31 Dec 2025
Assets49.92
Total Income116.19
EBITDA6.67
Profit After Tax3.34
NET Worth21.93
Reserves and Surplus7.55
Total Borrowing22.40
KPIs
| KPI | Mar 31, 2025 | Dec 31, 2025 |
|---|---|---|
| ROE | 26.67% | 16.48% |
| ROCE | 17.14% | 12.58% |
| Debt / Equity | 1.10% | 1.02% |
| RoNW | 27.61% | 16.92% |
| PAT Margin | 2.03% | 2.87% |
| EBITDA Margin | 3.84% | 5.74% |
| Price to Book Value | 4.14 | 3.49 |
Valuation & shareholding
Pre-IPO EPS2.87
Post-IPO EPS2.27
Pre-IPO P/E18.11
Post-IPO P/E22.87
Promoter holding pre98.68%
Promoter holding post72.46%
Market cap₹101.78 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| ANI Integrated Services IPO | — | 12.00 x | — | — |
| Armour Security IPO | — | 19.33 x | — | — |
| Safecure Services IPO | — | 16.82 x | — | — |
| NIS Management IPO | — | 11.94 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Funding for Capital Expenditure requirements towards Construction of Factory | ₹8.85 Cr |
| Funding for Capital Expenditure requirements towards purchase of Plant and Machinery. | ₹10.44 Cr |
| General Corporate Purposes | ₹3.73 Cr |
| Issue Expenses | ₹4.02 Cr |
| Total | ₹27.04 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Capital Square Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-09.
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