Manorama Industries Limited has successfully raised ₹50,000 Lakhs (₹500 Crores) through the allotment of 34,01,360 equity shares at a price of ₹1,470 per share. The Qualified Institutions Placement (QIP), which opened on June 29, 2026, and closed on July 02, 2026, was approved by the Board of Directors at its meeting held on July 02, 2026. The issue price includes a premium of ₹1,468 per equity share over the face value of ₹2, representing a discount of 4.99% to the floor price of ₹1,547.18.

The allotment has increased the company's paid-up equity share capital from ₹11,94,17,060 to ₹12,62,19,780. The issue was conducted under Chapter VI of the SEBI ICDR Regulations, 2018, and relevant sections of the Companies Act, 2013. Deepak Sharma, Company Secretary and Compliance Officer, confirmed the finalization of the allotment.

Issue Details

The key parameters of the QIP are outlined below:

Major Allottees

The placement saw participation from various institutional investors. The list of allottees receiving more than 5% of the equity shares offered includes:

Regulatory Compliance

The QIP was conducted in accordance with Chapter VI of the SEBI ICDR Regulations, 2018, and Sections 23(1)(b), 42, and 62(1)(c) of the Companies Act, 2013. The floor price was determined in accordance with Regulation 176(1) of the SEBI ICDR Regulations. The company has filed the necessary intimation with the exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The trading window for dealing in the company's securities for all insiders remains closed.

Manorama Industries Limited reported a net profit of ₹23,321.97 lakh for the financial year ended March 31, 2026, a significant increase from ₹11,205.01 lakh in the previous year. Revenue from operations surged to ₹1,35,769.73 lakh, driven by strong performance in both domestic and export markets. The company’s total comprehensive income for the period stood at ₹23,144.41 lakh.

Financial Performance

The company’s earnings per share (EPS) for the year improved to ₹39.06, up from ₹18.80 in the prior year. Total expenses for FY26 were recorded at ₹1,05,309.35 lakh. The board of directors has proposed a final dividend of ₹0.80 per share for the year ended March 31, 2026, subject to shareholder approval at the ensuing Annual General Meeting.

Operational Highlights

Revenue from operations was primarily driven by the sale of products and by-products, which amounted to ₹1,35,331.28 lakh. Domestic sales contributed ₹57,788.38 lakh, while exports accounted for ₹77,542.90 lakh. Other operating revenues, including export incentives and duty drawbacks, added ₹438.45 lakh to the total income.

Segment Reporting

The company operates a single identifiable business segment focused on the manufacturing of exotic seed-based fats and butters, including cocoa butter equivalents. As the operations are controlled from India with a significant export component, segment-wise disclosures are not applicable under Ind AS 108.

Balance Sheet and Cash Flows

The company’s total assets as of March 31, 2026, stood at ₹1,19,950.73 lakh. Net cash generated from operating activities was ₹26,936.37 lakh. The company maintained adequate internal financial controls over financial reporting, which were operating effectively as of the reporting date.