M R Maniveni Foods Ltd IPO — Broker Reviews

Analyst Consensus

3

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2

Neutral

0

Avoid

Anand Rathi

19 May 2026

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Stable business in pulses segment with steady growth in revenues. However, thin margins and SME listing risks limit upside.

Target Price:58

Choice Broking

19 May 2026

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Reasonable valuation with strong demand in staple food processing sector. Long-term growth supported by scalable operations.

Target Price:60

Ventura Securities

19 May 2026

Neutral

Business is stable but operates in highly competitive commodity-based industry. Limited margin expansion visibility.

Target Price:54

BP Wealth

19 May 2026

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Strong promoter background and improving financials. Capacity expansion plans could drive future growth.

Target Price:62

Hem Securities

19 May 2026

Neutral

Fairly priced IPO with moderate fundamentals. Investors should consider SME market volatility before investing.

Target Price:55

Disclaimer: Broker reviews are for informational purposes only and do not constitute investment advice.