Longthrive Capital VCC acquires 3.79% stake in M R Maniveni Foods
Longthrive Capital VCC has acquired a 3.79% stake in M R Maniveni Foods through the purchase of 7,42,000 equity shares via pre-IPO and anchor investment. The transaction, executed on May 29, 2026, was disclosed under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquirer, which includes Trendview Capital Fund and Gamma View Funds, held no shares prior to this deal.
*this image is generated using AI for illustrative purposes only.
Longthrive Capital VCC has acquired a 3.79% stake in M R Maniveni Foods through the purchase of 7,42,000 equity shares. The transaction was executed via a pre-IPO and anchor investment on May 29, 2026. The acquirer, comprising Longthrive Capital VCC - Trendview Capital Fund and Longthrive Capital VCC - Gamma View Funds, does not belong to the promoter or promoter group of the target company.
The disclosure was made under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to this acquisition, the acquirer held no shares in M R Maniveni Foods. The total equity share capital of the company remains 1,95,72,400 equity shares with a face value of Rs. 10/- each.
The following table details the shareholding changes before and after the acquisition:
| Description | Number of Shares | % of Total Share Capital | % of Diluted Share Capital |
|---|---|---|---|
| Before Acquisition | |||
| Shares carrying voting rights | 0 | 0 | 0 |
| After Acquisition | |||
| Shares carrying voting rights | 7,42,000 | 3.79% | 0 |
The acquisition was signed in Singapore on July 20, 2026. The shares of M R Maniveni Foods are listed on the BSE.
Historical Stock Returns for M R Maniveni Foods
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.10% | -7.88% | -19.87% | -42.21% | -42.21% | -42.21% |
What is the expected valuation and timeline for M R Maniveni Foods' upcoming IPO?
Will Longthrive Capital seek to increase its stake beyond the current 3.79% post-listing?
How will the anchor investment influence the pricing strategy for the public issue?
18
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
