Gujarat-based peanut butter maker Mother Nutri Foods is set to launch its maiden public issue next week on November 26, with price band of Rs 111-117 per share.
The company is raising Rs 39.6 crore via initial public offering (IPO) of 33.84 lakh shares at the upper price band. The IPO is a combination of fresh issue of 27.07 lakh shares, and an offer-for-sale of 6.76 lakh shares by promoter Umeshbhai Kantilal Sheth.
The one-day anchor book portion of the IPO will be launched on November 25, while the offer will remain open for the public till November 28.
The IPO share allotment will be finalised by December 1, while the trading in Mother Nutri Foods shares will commence on the BSE SME effective December 3.
The B2B peanut butter manufacturing company offering products in several flavours like chocolate, honey, coconut, cinnamon, pineapple, and strawberry with Chocolate being the major contributor to its business will spend Rs 23.2 crore of fresh issue proceeds for setting up a new manufacturing facility at Mahuva, Gujarat, and the remainder funds for general corporate purposes.
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Mother Nutri Foods has reported profit of Rs 5.3 crore on revenue of Rs 50.2 crore for six months period ended September 2025.
Profit in the year ended March 2025 grew by 35.5 percent to Rs 6.5 crore, up from Rs 4.8 crore in previous year. Revenue during the same period increased 11.5 percent to Rs 90.2 crore, increasing from Rs 80.9 crore.
Mother Nutri Foods does not have comparable peers in the listed space.
Marwadi Chandarana Intermediaries Brokers is managing the Mother Nutri Foods IPO.
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