M.R. Maniveni Foods Limited IPO Fund Utilization Statement
Financial Details
- IPO Date of Allotment: May 2026
- Total Amount Raised: ₹2,704 lakhs (including issue expenses)
- Net Amount Available for Utilization: ₹2,304.14 lakhs (after excluding issue expenses of ₹401.86 lakhs)
- Half-Year Reporting Period: Ended September 30, 2026
Fund Utilization Breakdown (as of September 30, 2026)
| Particulars | Amount Proposed (₹ lakhs) | Amount Utilized (₹ lakhs) | Amount Unutilized (₹ lakhs) |
| Construction of Factory Plant & Machinery | 885.00 | 308.00 | 577.00 |
| Purchase of Plant and Machinery | 1,044.00 | 300.00 | 744.00 |
| General Corporate Purposes | 373.14 | 0.00 | 373.14 |
| Total | 2,302.14 | 608.00 | 1,694.14 |
Governance Approvals
The statement of deviation/variation was reviewed by the Audit Committee and taken on record by the Board of Directors at their respective meetings held on November 12, 2026.
Additional Documentation
The filing includes a utilization certificate from Krishaan & Co., Chartered Accountants (FRN: 001453S), signed by CA K Sundarrajan (Partner, M. No.: 208431), confirming the expenditure figures and absence of deviations as of September 30, 2026.