Mother Nutri Foods IPO

Mother Nutri Foods, a Gujarat-based B2B peanut butter manufacturer catering to both domestic and international markets, is launching an IPO to raise ₹39.59 crores. Opening from November 26-28, 2025, shares are priced between ₹111-117, with listing expected on the BSE SME platform by December 3. The primary goal is to fund a new manufacturing facility, enhancing their capacity for over 10 peanut butter variants. Financially, Mother Nutri exhibits strength with 12% revenue growth and a 35% increase in PAT for FY25. Margins are healthy (EBITDA 11.32%, PAT 7.17%), and an impressive 36.64% ROE, alongside a reasonable pre-IPO P/E of 17.77, positions it attractively. Opinion: This IPO looks promising for long-term investors. Mother Nutri's strong financials, clear expansion strategy in a growing niche, and international reach present a compelling case. While SME IPOs carry inherent liquidity risks, the underlying business fundamentals suggest a robust opportunity in the healthy snack sector.