Bookbuilding IPO | ₹40 Cr | Listed at BSE SME | Wed, Nov 26, 2025 - Fri, Nov 28, 2025

Mother Nutri Foods IPO is a book build issue of ₹39.59 crores. The issue is a combination of fresh issue of 0.27 crore shares aggregating to ₹31.67 crores and offer for sale of 0.07 crore shares aggregating to ₹7.92 crores.
Mother Nutri Foods IPO bidding started from Nov 26, 2025 and ended on Nov 28, 2025. The allotment for Mother Nutri Foods IPO was finalized on Dec 1, 2025. The shares got listed on BSE SME on Dec 3, 2025.
Mother Nutri Foods IPO price band is set at ₹117 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,80,800 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹4,21,200.
Marwadi Chandarana Intermediaries Brokers Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Mansi Share & Stock Broking Pvt.Ltd..
Refer to Mother Nutri Foods IPO RHP for detailed Information.
IPO Open
Wed, Nov 26, 2025
IPO Close
Fri, Nov 28, 2025
Issue Price
₹117 per share
Market Cap (Pre-IPO)
₹146.66 Cr
| IPO Date | 26 to 28 Nov, 2025 |
| Listed on | Wed, Dec 3, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹111 to ₹117 |
| Issue Price | ₹117 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 33,84,000 shares (agg. up to ₹40 Cr) |
| Reserved for Market Maker | 2,43,600 shares Mansi Share & Stock Broking Pvt.Ltd. (agg. up to ₹3 Cr) |
| Fresh Issue (Ex Market Maker) | 24,63,600 shares (agg. up to ₹29 Cr) |
| Offer for Sale | 6,76,800 shares of ₹10 (agg. up to ₹8 Cr) |
| Net Offered to Public | 31,40,400 shares (agg. up to ₹37 Cr) |
| Share Holding Pre Issue | 98,27,820 shares |
| Share Holding Post Issue | 1,25,35,020 shares |
| BSE Script Code | 544623 |
| ISIN | INE0UH001016 |
Mother Nutri Foods IPO comprises a total issue size of 33,84,000 shares. The net offer to the public is 31,40,400 shares, after excluding 2,43,600 shares allotted on a firm basis. Of the Net offer 15,69,600 (49.98%) are allocated to QIB, 4,71,600 (15.02%) allocated to NII 10,99,200 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 15,69,600 | 49.98% | 46.38% |
| − Anchor Investor Shares Offered | 9,39,600 | 27.77% | |
| − QIB (Ex. Anchor) Shares Offered | 6,30,000 | 18.62% | |
| NII (HNI) Shares Offered | 4,71,600 | 15.02% | 13.94% |
| − bNII > ₹10L | 3,13,200 | 9.26% | |
| − sNII < ₹10L | 1,58,400 | 4.68% | |
| Retail Shares Offered | 10,99,200 | 35.00% | 32.48% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,43,600 | 7.20% | |
| Total Shares Offered | 33,84,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,80,800 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,80,800 |
| S-HNI (Min) | 3 | 3,600 | ₹4,21,200 |
| S-HNI (Max) | 7 | 8,400 | ₹9,82,800 |
| B-HNI (Min) | 8 | 9,600 | ₹11,23,200 |
Mother Nutri Foods IPO raises ₹10.99 crore from anchor investors. Mother Nutri Foods IPO Anchor bid date is November 25, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Tue, Nov 25, 2025 |
| Shares Offered | 9,39,600 |
| Anchor Portion (₹ Cr.) | 10.99 |
| Anchor lock-in period end date for 50% shares (30 Days) | Wed, Dec 31, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Sun, Mar 1, 2026 |
Incorporated in 2022, Mother Nutri Foods Limited is a B2B peanut butter manufacturer offering more than 10 flavours and over 5 variants of peanut butter.
The company markets its products under the brand “Spread & Eat”, which is sold in international markets such as Libya, Dubai, and more recently in Japan.
Alongside its own brand, the company undertakes private labelling for domestic and international clients, supplying hypermarkets, supermarkets, and retail chains.
Its private label customer base spans multiple countries, including the United Kingdom, Canada, South Africa, Mauritius, Russia, British Virgin Islands, Spain, United Arab Emirates, Saudi Arabia, Nepal, Bangladesh, the Philippines, Mexico, Kuwait, Israel, the United States, Oman, Kenya, Germany, and Portugal.
The company operates a single manufacturing facility located at Mahuva, Bhavnagar, Gujarat, India, and as of July 31, 2025, employs 41 personnel, including its Directors.
Mother Nutri Foods Ltd.'s revenue increased by 12% and profit after tax (PAT) rose by 35% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 83.67 | 70.86 | 47.78 | 43.99 |
| Total Income | 50.47 | 90.48 | 81.05 | 76.26 |
| Profit After Tax | 5.32 | 6.47 | 4.77 | 1.13 |
| EBITDA | 7.44 | 10.22 | 8.48 | 2.92 |
| NET Worth | 30.45 | 24.89 | 10.44 | 5.66 |
| Reserves and Surplus | 20.54 | 19.90 | 5.90 | 1.13 |
| Total Borrowing | 30.53 | 22.81 | 25.43 | 23.37 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up a new manufacturing facility located at Mahuva, Bhavnagar in Gujarat (“Proposed facility”) | 23.19 |
| 2 | General Corporate Purposes | 5.94 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 36.64% |
| ROCE | 20.63% |
| RoNW | 26% |
| PAT Margin | 7.17% |
| EBITDA Margin | 11.32% |
| Price to Book Value | 2.30 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 6.58 | 8.48 |
| P/E (x) | 17.78 | 13.8 |
| Promoter Holding | 90.98% | 65.93% |
| Market Cap | ₹146.66 Cr. |
The Mother Nutri Foods IPO is subscribed 15.92 times on November 28, 2025 6:19:33 PM (Day 3). The public issue subscribed 11.31 times in the individual investors category, 10.10 times in the QIB category, and 34.41 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB (Ex Anchor) | 10.10 | 6,30,000 | 63,62,400 | 0 |
| NII* | 34.41 | 4,71,600 | 1,62,27,600 | 0 |
| bNII (bids above ₹10L) | 43.34 | 3,13,200 | 1,35,75,600 | |
| sNII (bids below ₹10L) | 16.74 | 1,58,400 | 26,52,000 | |
| Individual Investor | 11.31 | 10,99,200 | 1,24,36,800 | 0 |
| Total | 15.92 | 22,00,800 | 3,50,26,800 | 7,073 |
Total Application : 7,073
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLM fees (including underwriting, brokerage and selling commission) | 1.04 |
| 2 | Commission / processing fee for SCSBs, Sponsor Bank and Bankers to the Issue. Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs. | 0.03 |
| 3 | Fees payable to Registrar to the Issue | 0.01 |
| 4 | Fees payable to auditors | 0.04 |
| 5 | Fees payable to Market Maker | 0.10 |
| 6 | Listing fees, SEBI Fees, upload fees, NSE, book building software fees and other regulatory expenses | 0.15 |
| 7 | Printing and Stationery | 0.01 |
| 8 | Advertising and Marketing expenses | 0.93 |
| 9 | Fees payable to Legal Advisors to the Issue | 0.03 |
| 10 | Miscellaneous (including Auditors, consultants, fees payable for marketing & distribution and other professional agencies) | 0.85 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹117.00 |
| Open | ₹118.40 |
| Low | ₹118.40 |
| High | ₹124.30 |
| Last Trade | ₹124.30 |
Lead Manager Reports
Mother Nutri Foods IPO is a SME IPO of 33,84,000 equity shares of the face value of ₹10 aggregating up to ₹40 Crores. The issue is priced at ₹117 per share. The minimum order quantity is 1200.
The IPO opens on Wed, Nov 26, 2025, and closes on Fri, Nov 28, 2025.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Mother Nutri Foods IPO using UPI as a payment gateway. Zerodha customers can apply in Mother Nutri Foods IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Mother Nutri Foods IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Mother Nutri Foods IPO opens on Wed, Nov 26, 2025 and closes on Fri, Nov 28, 2025.
Mother Nutri Foods IPO lot size is 1200, and the minimum amount required for application is ₹2,80,800, with 2 lots being the minimum application size.
You can apply in Mother Nutri Foods IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Mother Nutri Foods IPO will be done on Monday, December 1, 2025, and the allotted shares will be credited to your demat account by Tue, Dec 2, 2025. Check the Mother Nutri Foods IPO allotment status.
The Mother Nutri Foods IPO listing date is on Wed, Dec 3, 2025.