Longthrive Capital VCCs Acquire Shares in M.R. Maniveni Foods Limited through Pre-IPO Anchor Investment
Longthrive Capital VCC - Trendview Capital Fund and Longthrive Capital VCC - Gamma View Funds have acquired shares in M.R. Maniveni Foods Limited, representing a significant level of investment in the company's stock. The acquisition was executed through Pre-IPO and Anchor Investment on 29/05/2026.The acquirers, which do not belong to the Promoter group, successfully acquired 15,60,000 shares carrying voting rights in M.R. Maniveni Foods Limited. This transaction resulted in an ownership stake of 7.97% relative to the total share/voting capital prior to the acquisition, and 0% against the diluted share/voting capital.
The investment was conducted under the mode of Pre-IPO and Anchor Investment, with both funds acquiring shares through pre-ipo and anchor participation. The stock exchange where M.R. Maniveni Foods Limited is listed is the BSE.
Following the acquisition, the total holding for Longthrive Capital VCC - Trendview Capital Fund and Longthrive Capital VCC - Gamma View Funds stands at 7,42,000 shares. This post-acquisition holding represents a stake of 3.79% against the diluted share/voting capital of M.R. Maniveni Foods Limited.
The financial details regarding the target company before and after the investment are summarized below:
| Metric | Before Acquisition | After Acquisition |
|---|---|---|
| Total Shares Acquired (Acquirer) | 15,60,000 | N/A |
| Percentage Holding (Standard Capital) | 7.97% | 3.79% |
| Equity Share Capital (Face Value Rs. 10/-) | 1,95,72,400 | 1,95,72,400 |
| Total Diluted Share/Voting Capital (Face Value Rs. 10/-) | 1,95,72,400 | 1,95,72,400 |
The shares acquired were instruments representing the Pre-IPO and Anchor Participation.
Stock Price Movement
M.R.Maniveni Foods Ltd closed in the post-market session on Tuesday, settling at ₹30.02 after a 2.09% drop. The shares navigated an intraday range spanning from a low of ₹30.00 to a high of ₹30.35 during trading.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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