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Manilam Industries India Ltd

Manilam Industries India Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹69
₹69
GMP (Grey Market)
+₹2
+2.9%
Est. Listing Price
₹71
Based on GMP
Min. Investment
₹138,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
20 Feb 2026
Close Date
24 Feb 2026
Allotment
25 Feb 2026
Listing Date
27 Feb 2026
Exchange
NSE SME
Price Band
₹69
Listing Price
See chart
Allotment Status
Price Band
₹69
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
57,90,000 shares (agg. up to ₹40 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹138,000
1 lot
Pre-IPO Holding
1,71,50,000 shares
Promoters
Post-IPO Holding
2,18,48,000 shares
Promoters
P/E (Pre)
16.04x
 
P/E (Post)
23.85x
 
EPS (Pre)
₹4.30
 
EPS (Post)
₹2.89
 
UPI Deadline
5:00 PM on 24 Feb 2026
Mandate
GMP
+₹2
+2.9% est.
Anchor AllotmentThu, 19 Feb 2026
Basis of AllotmentWed, 25 Feb 2026
Refund InitiationThu, 26 Feb 2026
Demat CreditThu, 26 Feb 2026
Listing DayFri, 27 Feb 2026
UPI Mandate Deadline5:00 PM on 24 Feb 2026
Sale TypeFresh Capital & OFS
Net Offer to Public54,98,000 shares (agg. up to ₹38 Cr)
Market Maker Quota2,92,000 shares (agg. up to ₹2 Cr)
Fresh Issue Shares44,06,000 shares (agg. up to ₹30 Cr)
Offer for Sale10,92,000 shares of ₹10 (agg. up to ₹8 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Manilam Industries India Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 24 Feb 2026.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
292,000
₹2.01
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
5,790,000
100% ₹39.95
IPO Shares Offered
Manilam Industries India Ltd IPO total issue size: ₹39.95 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 292,000 ₹2.01
5.04%
Total 5,790,000 ₹39.95
100.00%
* Based on upper price band ₹69 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹69.00
Upper Band
Min Investment
₹138,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹276,000
Retail (Max — 13 Lots)1326,000₹1,794,000
S-HNI (Min — 14 Lots)1428,000₹1,932,000
B-HNI (Min — 68 Lots)68136,000₹9,384,000
* Issue Price ₹69 × Lot Size 2,000 shares
IPO Schedule
Anchor
19 Feb 2026
✓ Done
IPO Open
20 Feb 2026
✓ Done
IPO Close
24 Feb 2026
✓ Done
Allotment
25 Feb 2026
✓ Done
Refunds
26 Feb 2026
✓ Done
Demat Credit
26 Feb 2026
✓ Done
Listing Day
27 Feb 2026
✓ Done
Manilam Industries India Ltd — Live Price LIVE
₹69.00
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Issue ₹69.00 GMP: +₹2 Live Price
About Manilam Industries India Ltd
Incorporated in 2015, Manilam Industries India Limited is engaged in the manufacturing and sale of Decorative Laminates and Plywood.The company has developed and launched several laminate collections, including the Artistica Collection, the Vogue Collection, the Dwar Collection, and the Magnificent Collection. In response to market demand and distributor feedback, additional collections such as Chromatic Tales, Flute, ECP, Wood & Veneer, and Wall Cladding have also been introduced. These collections cater to both residential and commercial applications, providing a wide range of designs and finishes.In addition to laminates, the company is involved in the trading of plywood in different grades and sizes, primarily serving industrial and commercial sectors.The company’s manufacturing plant is located at Village Manda, Bhojipura Nainital Road, Bareilly, Uttar Pradesh, covering an area of 20,650 square meters. It operates on a business-to-business (B2B) model, with distributors—both large and small—placing orders directly with the manufacturing plant.To enhance customer engagement, Manilam Industries India Limited has established Experience Centres in major cities including Bangalore, Delhi, and Chennai. In Bangalore and Chennai, the company follows an integrated setup combining Service Depots with Experience Centres, offering display, stock, dispatch, and customer interaction from a single location. This setup enables customers to view products, receive expert guidance on colour and design combinations, and fulfil orders efficiently.As of the date of the Draft Red Herring Prospectus, the company employed a total of 149 individuals, including workers on third-party contracts.
Objects of the Issue
1
A. Capital Expenditure - Purchase of equipment/machinery of the Company. B. Capital Expenditure - Purchase and installation of Solar Panel Panels at the manufacturing plant.
2
Repayment in full or in part, of certain loans availed by the Company
3
Working Capital Requirements of the Company
4
General Corporate Purposes
Manilam Industries India Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹138.0
31 Mar 2024
₹142.2
31 Mar 2025
₹60.5
30 Sep 2025
Profit After Tax (PAT)
₹3.1
31 Mar 2024
₹7.4
31 Mar 2025
₹3.2
30 Sep 2025
Particulars30 Sep 202531 Mar 202531 Mar 2024
Revenue from Operations 60.53 142.16 138.04
EBITDA 8.60 17.63 14.06
Profit After Tax (PAT) 3.16 7.38 3.10
Net Worth 43.08 33.87 26.38
Total Assets 159.99 158.98 149.56
Reserves & Surplus 25.93 31.57 24.08
Borrowings 58.05 62.44 73.49
EBITDA Margin (%) 14.39
PAT Margin (%) 5.33
P/BV Ratio
2.75
RoE
8.35
RoCE
13.50
RoNW
8.35
PAT Margin
5.33
EBITDA Margin
14.39
Issue Structure & Shareholding
Total Shares Offered57,90,000 (100.00%)
Net Offer to Public54,98,000 shares (agg. up to ₹38 Cr)
Reserved for Market Maker2,92,000 shares (agg. up to ₹2 Cr)
Pre-Issue Promoter Holding1,71,50,000 shares
Post-Issue Promoter Holding2,18,48,000 shares
P/BV Ratio2.75
RoE8.35
RoCE13.50
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
NEXGEN Financial Solutions Pvt. Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Manilam Industries India Ltd IPO subscribed?

Manilam Industries India Ltd IPO is subscribed 1.00 times by Feb 24, 2026. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Manilam Industries India Ltd IPO retail subscription status?

The Manilam Industries India Ltd IPO retail category is subscribed 1.00 times as of 24 Feb 2026. The retail portion is oversubscribed.

How to subscribe Manilam Industries India Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 20 Feb 2026 and closes 24 Feb 2026. Min investment: ₹138,000 (1 lot = 2,000 shares). UPI mandate: 5:00 PM on 24 Feb 2026.

How many times Manilam Industries India Ltd IPO subscribed?

The Manilam Industries India Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Manilam Industries India Ltd IPO allotment?

Check allotment on the registrar website (MAS Services Ltd.) at https://www.masserv.com/opt.asp. Enter your PAN, application number or DP/Client ID. Allotment date: 25 Feb 2026. Refunds: on 26 Feb 2026.

When Manilam Industries India Ltd IPO will be listed?

The Manilam Industries India Ltd IPO listing date is 27 Feb 2026, Friday. Listed on: NSE SME. Issue price: ₹69. Estimated listing: ₹71. GMP: +₹2.

When Manilam Industries India Ltd IPO close?

The Manilam Industries India Ltd IPO closes on 24 Feb 2026, Tuesday. UPI mandate: 5:00 PM on 24 Feb 2026. Allotment: 25 Feb 2026. Listing: 27 Feb 2026.