Mother Nutri Foods
November 26, 2025 – November 28, 2025
| Price | ₹111 - ₹117 |
| GMP Rumors * | ₹0 |
|---|---|
| Lot size | 1200 |
| Issue size | ₹39.59 cr |
| Allotment | Dec 1, 2025 |
| Listing | Dec 3, 2025 |
Mother Nutri Foods Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 2400 | 280800 | 458 |
| sHNI | 3 | 3600 | 421200 | 44 |
| bHNI | 8 | 9600 | 1123200 | 87 |
Mother Nutri Foods Reservation
| Category | Shares Offered | % |
|---|---|---|
| Anchor | 939600 | 27.77% |
| QIB | 630000 | 18.62% |
| HNI | 471600 | 13.94% |
| INDIVIDUAL | 1099200 | 32.48% |
| Market Maker | 243600 | 7.2% |
| Total | 3384000 | 100% |
Mother Nutri Foods About
IPO Details
| Total Issue Size | 33,84,000 shares (aggregating up to ₹39.59 Cr) |
| Fresh Issue | 27,07,200 shares (aggregating up to ₹31.67 Cr) |
| Offer For Sale | 6,76,800 shares (aggregating up to ₹7.92 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 98,27,820 shares |
| Share Holding Post Issue | 1,25,35,020 shares |
| Reserved for Market Maker | 2,43,600 shares (aggregating up to ₹2.85 Cr) |
| Market Maker | Mansi Share & Stock Broking Pvt.Ltd. |
Key Performance Indicator (KPI)
| KPI | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| ROE | 19.27% | 36.78% | 59.88% | 20.20% |
| ROCE | 12.09% | 20.66% | 21.87% | 8.30% |
| EPS (BASIC) | 5.41 | 7.06 | 5.35 | 1.8 |
| P/E Pre IPO | 17.77 | |||
| P/E Post IPO | 13.8 |
Company Financial (In ₹Crore)
| Period Ended | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| 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 | 19.9 | 5.9 | 1.13 |
| Total Borrowing | 30.53 | 22.81 | 25.43 | 23.37 |
COMPARISON WITH INDUSTRY PEERS
*Company does not have any peer group company for comparison with Industry Peer.
About Company
Incorporated in 2022, Mother Nutri Foods Limited is a B2B peanut butter manufacturer offering over 10 flavors and more than 5 variants of peanut butter.
The company markets its products under its in-house brand “Spread & Eat”, which has a growing presence in international markets, including Libya, Dubai, and Japan.
In addition to its own brand, the company also provides private labelling services for both domestic and global clients, supplying products to hypermarkets, supermarkets, and major retail chains.
Geographical Reach & Private Label Clients
Mother Nutri Foods serves a wide network of private label customers across multiple countries, including:
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.
Business Activities
- Peanut Butter Manufacturing:
Production of multiple flavors and variants tailored for B2B customers. - Own Brand (“Spread & Eat”):
Exporting branded peanut butter to various international markets. - Private Labelling:
Providing customized peanut butter products for retail chains across numerous countries.
Strength
Strong Product Quality & Wide Range: The company maintains strict quality control and offers 10+ flavors and 5+ variants of peanut butter, available in multiple packaging sizes from 20g sachets to 250kg bulk packs, with a shelf life of 12–24 months.
Strategically Located Manufacturing Facility: A 4,047 sq. m. facility in Mahuva, Gujarat, supported by locally sourced peanuts, reduces cost and time. The semi-automated plant is equipped with advanced machinery and is well-connected to major ports like Pipavav and Mundra, enabling efficient domestic and international distribution.
Experienced Promoters & Leadership Team: The company is guided by promoters with 10+ years and 5+ years of experience in the food processing industry, supported by an experienced Board and management team, strengthening operational expertise and future growth potential.
Weakness
Dependency on Raw Material & Price Volatility: The company depends heavily on externally sourced peanuts, making it vulnerable to price fluctuations, supply issues, contamination risks, and factors such as weather, demand–supply changes, logistics costs, inflation, and government policies.
Delays in Procuring Plant & Machinery: The company has not yet placed orders for the proposed plant and machinery. Any delay in ordering, procurement, or vendor delivery may cause time and cost overruns, as existing third-party quotations are time-bound and subject to revisions.
Product Contamination & Food Safety Risk: Any actual or alleged contamination or deterioration of products may lead to legal liability, product recalls, lawsuits, regulatory action, and damage to the company’s reputation.
Mother Nutri Foods Lead Manager(s)
Mother Nutri Foods Address
Survey No 276/1
Opp. Petrol Pump Mahuva-Bhavnagar Road
At Otha, Mahuva
Bhavnagar, Gujarat, 364295
Phone: 99744 14123
Email: cs@mothernutrifoods.com
Website: http://www.mothernutrifoods.com/
Mother Nutri Foods Registrar
Mother Nutri Foods Reviewers
| Reviewer | Recommendation | File |
|---|