Mother Nutri Foods Limited
Bookbuilding IPO · BSE
- Price band
- ₹111 - ₹117
- Lot size
- 1,200 shares
- Issue amount
- ₹39.59 cr
- Total subscription
- 16.03×
- Opens
- 26 Nov 2025
- Closes
- 28 Nov 2025
- Allotment
- 1 Dec 2025
- Listing
- 3 Dec 2025
Offer at a glance
Issue overview
- Issue size
- 33,84,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,33,200
- Fresh issue
- ₹31.67 cr
- Offer for sale
- ₹7.92 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,40,400
- Issue type
- Bookbuilding IPO
- Shares before issue
- 98,27,820
- Shares after issue
- 1,25,35,020
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,400 | ₹2,80,800 |
| sHNI | 3 | 3,600 | ₹4,21,200 |
| bHNI | 8 | 9,600 | ₹11,23,200 |
Share reservation
Subscription & GMP
Subscription by category
Reported 28 Nov 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 12 |
| NIB | 0 | 1,785 |
| RETAIL | 458 | 5,385 |
| HNIs(10L +) | 87 | 1,187 |
| HNIs (2-10L) | 44 | 598 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 7.37 | 74.44 |
| FIIs | 0 | 66.4 |
| Others | 0 | 8.04 |
| RETAIL | 12.86 | 145.51 |
| NIB | 5.52 | 192.71 |
| HNIs 2+ | 1.85 | 31.03 |
| HNIs 10+ | 3.66 | 161.68 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| EPS | 5.41 | 7.06 | 5.35 | 1.8 |
| ROE | 19.27 | 36.78 | 59.88 | 20.2 |
| ROCE | 12.09 | 20.66 | 21.87 | 8.3 |
| RONW | 0 | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 17.77 | 0 | 0 |
| POST IPO(PE) | 13.8 | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 2022, Mother Nutri Foods Limited is a B2B peanut butter manufacturer offering over 10 flavors and 5 product variants under its brand “Spread & Eat,” sold in international markets including Libya, Dubai, and Japan. The company also provides private labeling services for domestic and global clients, supplying hypermarkets, supermarkets, and retail chains across countries such as the UK, Canada, South Africa, UAE, US, Germany, and more. Operating from a single manufacturing facility in Mahuva, Bhavnagar, Gujarat, India, Mother Nutri Foods employs 41 personnel as of July 31, 2025, including its Directors.
Strengths
- Strong Product Quality & Wide Range: Maintains high-quality standards and offers 10+ flavors and 5+ peanut butter variants in packaging from 20g sachets to 250kg bulk packs, with a 12–24 month shelf life.
- Strategic Manufacturing Location: The 4,047 sq. m. plant in Mahuva, Gujarat, uses locally sourced peanuts, reducing cost and time. Advanced machinery and proximity to ports like Pipavav and Mundra enable smooth domestic and international distribution.
- Experienced Leadership Team: Promoters with 5–10+ years in the food processing industry, supported by an expert Board and management team, ensure strong operational expertise and growth potential.
Risk factors
- Dependence on Raw Materials & Price Fluctuations: Relies heavily on externally sourced peanuts, making it vulnerable to price changes, supply issues, contamination, and factors like weather, demand-supply shifts, logistics costs, inflation, and government policies.
- Delays in Plant & Machinery Procurement: Orders for new plant and machinery are not yet placed; any delay could lead to time and cost overruns due to time-bound vendor quotations.
- Product Safety & Contamination Risk: Any contamination or quality issues could result in recalls, legal action, regulatory penalties, and harm to the company’s reputation.
Promoters
Chintan Rajnikant Thakar
Umeshbhai Kantilal Sheth
Rajnikant Indubhai Thakar
Parth Umeshkumar Sheth
Naynaben Rajnikant Thakar
Vandnaben U Sheth
Registrar & documents
Lead manager
Marwadi Chandarana Intermediaries Brokers Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Survey No 276/1 Opp. Petrol Pump Mahuva-Bhavnagar Road At Otha, Mahuva Bhavnagar, Gujarat, 364295
99744 14123
[email protected]Company website ↗Understanding MNFL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.