Longthrive and Gamma View Funds Acquire Stake in M.R. Maniveni Foods Ltd Through Pre-IPO Anchor Investment
M.R. Maniveni Foods Limited has seen its share capital structure modified following a significant investment by two venture capital entities, Longthrive Capital VCC - Trendview Capital Fund and Longthrive Capital VCC - Gamma View Funds. The acquisition was conducted through pre-IPO anchor investment, representing a 7.97 percent stake in the company's post-acquisition capital.The combined investment from the acquirers resulted in the purchase of 15,60,000 shares carrying voting rights in M.R. Maniveni Foods Limited. This acquisition was executed on 29/05/2026.
The acquiring entities, which include Longthrive Capital VCC - Trendview Capital Fund and Longthrive Capital VCC - Gamma View Funds, hold no interest in the promoter or promoter group of M.R. Maniveni Foods Limited. The company’s shares are listed on the BSE.
Details regarding the acquisition by the acquirers are presented below:
| Metric | Details |
|---|---|
| Acquiring Entities | Longthrive Capital VCC - Trendview Capital Fund, Longthrive Capital VCC - Gamma View Funds |
| Mode of Acquisition | Pre-IPO and Anchor Investment |
| Date of Acquisition | 29/05/2026 |
| Shares Acquired (Voting Rights) | A. 15,60,000 |
| Percentage Stake (of diluted voting capital) | 7.97% |
Impact on Capital Structure
The transaction led to an increase in the equity share capital of M.R. Maniveni Foods Limited. Prior to the acquisition, the company possessed a total equity share capital and voting capital of 1,43,72,400 Equity Shares of face value of Rs. 10/- each.Following the acquisition of shares by the aforementioned funds through pre-IPO anchor participation, the company's post-acquisition structure stands at:
| Capital Metric | Before Acquisition | After Acquisition |
|---|---|---|
| Equity Share Capital (Face Value Rs. 10/-) | 1,43,72,400 Shares | 1,95,72,400 Shares |
| Total Diluted Share/Voting Capital (Face Value Rs. 10/-) | 1,43,72,400 Shares | 1,95,72,400 Shares |
The acquirers hold no shares in the nature of encumbrance and participated exclusively through equity share acquisition in this transaction.
Stock Price Movement
As of 11:58, M.R.Maniveni Foods Ltd shares are ticking down by 1.42% in the market trading at ₹39.00. The stock has fluctuated throughout the day, charting a range between an intraday high of ₹39.50 and a low of ₹37.73.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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