MR Maniveni Foods Ltd. (MANIVENI) — Tipsheet

Maniveni Foods loses CFO and company secretary in same day

Tipsheet Editorial — Tue, 30 Jun 2026 14:39:13 GMT

Both key managerial personnel resigned with immediate effect. The CFO oversaw the company's SME IPO and now departs just weeks after first post-listing results showed a 16.6% revenue decline.

What’s new

CFO Ramya Ramakrishnan and CS Krishnamachari Ramu resign effective June 30, 2026.
CFO leaves after leading the SME IPO; CS cites personal reasons.
First post-listing results already showed a 16.6% revenue slide year-on-year.

Why it matters

For a newly listed nano-cap with a market cap of just ₹73 crore, losing both the chief financial and compliance officers simultaneously is a serious governance signal. It removes institutional knowledge of the IPO process and raises questions about financial controls and investor relations, especially after a weak first quarter.

What we’re watching

Who steps in as CFO and CS: speed of appointment matters.
Any regulatory filings or board explanations regarding the departures.
Stock price reaction given the recent listing and already weak fundamentals.

The full read

M.R. Maniveni Foods, a nano-cap with a ₹73 cr market cap, just listed on the SME exchange. Its first post-listing results showed revenue down 16.6%. Now both the CFO and company secretary have resigned on the same day, effective immediately. The CFO oversaw the SME IPO; the CS cited personal reasons. For a company this small, losing both the financial and compliance heads at once is a material governance event. It removes the people who know the company's books and regulatory obligations, and it comes just after a weak set of numbers. The open question is how quickly the board can fill these roles and whether the exits signal deeper issues that have not been disclosed yet.

Primary source: BSE · NSE

Maniveni Foods' revenue slides 16.6% in first post-listing results

Tipsheet Editorial — Mon, 22 Jun 2026 21:41:21 GMT

Revenue dropped to ₹169.75 crore from ₹203.48 crore, but net profit held steady at ₹3.86 crore. The first audited annual report since listing on BSE SME leaves institutional investors with questions.

What’s new

Revenue fell 16.6% to ₹169.75 crore in FY26 from ₹203.48 crore.
Net profit nearly flat at ₹3.86 crore, compared to ₹3.87 crore.
First audited annual results since BSE SME listing in June 2026 released.

Why it matters

The revenue drop is the standout in Maniveni's first post-listing numbers. Profit stability suggests cost control, but with no forward guidance, the unsolved question is whether the decline is a blip or a trend. Institutional investors holding nearly 8% from the IPO will be watching closely.

What we’re watching

Any management commentary on the revenue decline in the coming days.
Stock price reaction as the market absorbed the numbers.
Whether Q1 FY27 shows a reversal or continued pressure.

The full read

Maniveni Foods' first audited annual report since its BSE SME listing shows a 16.6% revenue drop to ₹169.75 crore from ₹203.48 crore. Net profit, however, held almost flat at ₹3.86 crore, suggesting cost actions cushioned the top-line blow. The filing is routine — no management commentary or guidance accompanied the numbers. That silence matters for the institutional funds that took a combined 7.97% stake in the IPO. With a debt-to-equity ratio of 1.12 and no clarity on what drove the revenue decline, the open question is whether this is a one-off reset or the start of a trend. The market cap is just ₹73 crore, so every percentage point counts.

Primary source: BSE · NSE

Institutional funds take 8% stake in tiny Maniveni Foods ahead of listing

Tipsheet Editorial — Wed, 10 Jun 2026 12:01:10 GMT

Longthrive Capital VCC and Gamma View Funds acquired a combined 7.97% stake in the nano-cap company through a pre-IPO allotment. The market cap is just ₹77 crore.

What’s new

Longthrive Capital VCC and Gamma View Funds acquired 15,60,000 shares of M.R. Maniveni Foods, a 7.97% stake.
The transaction was completed on 29 May 2026 as a pre-IPO and anchor investment.
The company's equity capital increased from 1.44 crore to 1.96 crore shares after the allotment.

Why it matters

For a company with a market capitalisation of just ₹77 crore, a near-8% stake from institutional funds is a material vote of confidence. It signals credible backing at the point of listing and adds a layer of validation that pure retail offerings often lack. The allotment also expands the equity base by roughly 36%.

What we’re watching

Whether the funds hold through the listing or trade out quickly.
The company's first results as a listed entity to see if growth matches the institutional bet.
Any follow-on stake-building by Longthrive or Gamma View post-listing.

The full read

Two institutional funds, Longthrive Capital VCC and Gamma View Funds, have taken a 7.97% stake in the nano-cap M.R. Maniveni Foods. The 15,60,000 shares were acquired on 29 May 2026 as part of the company's pre-IPO and anchor allotment. For a company with a market capitalisation of just ₹77 crore, that is a meaningful commitment. The allotment also expanded the equity base from 1.44 crore to 1.96 crore shares. Institutional participation of this size in a pre-IPO placement for a nano-cap is rare. It lends a degree of credibility that the company, as a new listing, would not otherwise carry. The disclosure was made under SEBI takeover regulations.

Primary source: BSE · NSE