M R Maniveni IPO Day 1: Issue booked 65% so far, NIIs steal the show. Check GMP, key details to know
New Delhi, May 22 -- The M R Maniveni Foods initial public offering (IPO) began on Friday, 22 May, and will end on Tuesday, 26 May. M R Maniveni Foods IPO price band is set at Rs.51 to Rs.52 per equity share, with a face value of Rs.10 per share.
Investors can bid for a minimum of 2,000 equity shares, with the option to acquire additional shares in increments of 2,000.
Retail investors must subscribe to a minimum of 2 lots (4,000 shares), which equates to a base investment of Rs.2.08 lakh at the higher end of the price range. For high-net-worth investors, the minimum investment is 3 lots (6,000 shares), totalling Rs.3.12 lakh.
MR Maniveni Foods operates in the food products sector and is seeking funding primarily for expansion and grow...
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