Manilam Industries India IPO

Manilam Industries India is an NSE SME IPO listed on the NSE SME platform, priced at ₹65–₹69 per share. The stock debuted at ₹55.2. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹2,76,000.

Manilam Industries India Limited IPO

NSE SME Listed
₹2,76,000 (4000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Feb 20, 2026 – Feb 24, 2026
Price band
₹65-69 per equity share
Minimum Investment
₹2,76,000
Issue size
₹39.95 Cr
Lot size
2000
Allotment Date
Feb 25, 2026
Listing
Feb 27, 2026
Listing At
NSE SME

IPO timeline

  1. Feb 20, 2026

    Open Date

    Completed

  2. Feb 24, 2026

    Close Date

    Completed

  3. Feb 25, 2026

    Allotment Date

    Completed

  4. Feb 27, 2026

    Listing Date

    Completed

Manilam Industries India IPO Subscription Details

View Subscription Details
QIB 2.24x
Individual 5.88x
NIIs 12.84x
bHNI 14.69x
sHNI 9.14x
Individual 5.88x
Total 6.33x

Manilam Industries India IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Manilam Industries India IPO Essentials

Manilam Industries India IPO Details

Manilam Industries India IPO is priced at ₹65-69 per share with a total issue size of 39.95 crore. The IPO has a lot size of 2000 shares and is listed on NSE SME.

Issue price
₹65-69 per equity share
Lot size
2000 shares
Face value
₹10 Per Equity Share
Issue size
57,90,000 shares(agg. up to ₹39.95 Cr)
Total issue size
57,90,000 shares
(aggregating up to ₹39.95 crore)
Fresh issue
46,98,000 shares
(aggregating up to ₹32.42 crore)
Offer for sale (OFS)
10,92,000 shares
(aggregating up to ₹7.53 crore)
Listing at
NSE SME
List price
55.2
Listing date
Registrar
MAS Services Ltd.
Lead manager
NEXGEN Financial Solutions Pvt. Ltd.

Market Lot Size

Investors can bid for a minimum of 4,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 4,000 ₹2,76,000
Individual(max) 2 4,000 ₹2,76,000
sHNI(min) 3 6,000 ₹4,14,000
sHNI(max) 7 14,000 ₹9,66,000
sHNI(min) 8 16,000 ₹11,04,000

Manilam Industries India IPO Documents

Manilam Industries India IPO Reservation

Manilam Industries India IPO reservation details show category-wise allocation of shares. Out of the total 5790000 shares, approximately 19.07% are reserved for QIB, 14.3% for NII, 33.3% for retail investors, 5.04% for market maker, and 28.29% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 1638000 (28.29%)
Market Maker Shares Offered 292000 (5.04%)
QIB Shares Offered 1104000 (19.07%)
NII (HNI) Shares Offered 828000 (14.3%)
bHNI > ₹10L 552000 (9.39%) 92
sHNI < ₹10L 276000 (4.85%) 46
Individual Shares Offered 1928000 (33.3%) 482
Total Shares Offered 5790000 (100%)

Manilam Industries India IPO Analytics

Manilam Industries India IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Manilam Industries India IPO Subscription Status

Manilam Industries India IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 6.33x, indicating strong demand across investor categories.

As on QIB
NII
bHNI
sHNI
Individual Total
Shares Offered / Reserved 11,04,000
8,28,000
5,52,000
2,76,000
19,28,000 38,60,000
Day 1 20-02-26 05:00 PM
0.00 x
0.35x
0.49x
0.07x
0.30 x 0.22 x
Day 2 23-02-26 05:00 PM
0.12 x
3.72x
4.23x
2.70x
2.01 x 1.84 x
Day 3 24-02-26 05:00 PM
2.24 x
12.84x
14.69x
9.14x
5.88 x 6.33 x
Total No. of Applications
bHNI sHNI Individual
3739 (Approx) 5.2x 9.13x 5.88x

Manilam Industries India Valuations

Earnings

EPS Pre IPO
₹4.30/-
EPS Post IPO
₹2.89/-
P/E Pre IPO
16.04
P/E Post IPO
23.85

Returns

ROE
24.80%
ROCE
36.68%
RoNW
24.80%
PAT Margin
5.33%

Fundamentals

Market Cap
150.75 Cr.

Data sourced from DRHP / RHP • For educational purposes only

Manilam Industries India Financials( In Crs.)

30-Sep-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 159.99 158.98 149.56 133.55
Revenue 60.53 142.16 138.04 148.82
Profit After Tax 3.16 7.38 3.10 1.53
Net Worth 43.08 33.87 26.38 23.24
Reserves & Surplus 25.93 31.57 24.08 20.94
Total Borrowing 58.05 62.44 73.49 60.75

Manilam Industries India Company & Offer Insights

About Manilam Industries India

Manilam Industries India Limited is a company incorporated in 2015, and it is involved in the manufacturing and subsequent sale of Decorative Laminates and Plywood.

The company has developed and marketed various laminate ranges, such as the Artistica Collection, the Vogue Collection, the Dwar Collection, and the Magnificent Collection. However, due to market demand and feedback from distributors, other ranges such as Chromatic Tales, Flute, ECP, Wood & Veneer, and Wall Cladding have also been introduced.
Apart from laminates, the company is also involved in the trading of plywood of various grades and sizes, mainly targeting the industrial and commercial markets.
The company’s manufacturing facility is situated at Village Manda, Bhojipura Nainital Road, Bareilly, Uttar Pradesh, and it occupies a land area of 20,650 square meters. The company operates on a business-to-business (B2B) platform, where orders are placed by large and small distributors directly at the company’s manufacturing facility.

To increase customer engagement, Manilam Industries India Limited has developed Experience Centres in key cities such as Bangalore, Delhi, and Chennai. In Bangalore and Chennai, the company operates an integrated model consisting of Service Depots and Experience Centres, providing display, stock, dispatch, and customer engagement services from a single location. This model allows customers to display products, get expert advice on color and design combinations, and process orders efficiently.
As of February 10, 2026, the company had a total of 152 employees, including third-party contract employees.

Manilam Industries India Promoter(s)

Manilam Retail India Private Limited, Mr. Umesh Kumar Nemani, Mr. Manoj Kumar Agrawal, Mr. Aman Kumar Nemani are the company's promoters of Manilam Industries India.

Manilam Industries India IPO Issue Objectives

A. Capital Expenditure - Purchase of equipment/machinery of the Company. B. Capital Expenditure - Purchase and installation of Solar Panel Panels at the manufacturing plant.
Repayment in full or in part, of certain loans availed by the Company
Working Capital Requirements of the Company
General Corporate Purposes

Contact Information

Contact Details

Manilam Industries India

03335076903

info@manilam.com

https://www.manilam.com/

46, B. B. Ganguly Street 5th Floor, Room No-9 Kolkata, West Bengal, 700012

Registrar Contact Details

Mas Services Limited

(011) 2610 4142

ipo@masserv.com

https://www.masserv.com/opt.asp

Frequently Asked Questions

Click any question to reveal the answer

Manilam Industries India IPO is a book-built IPO worth ₹39.95 crore. The price band is ₹65–₹69 per share. The IPO opens on Feb 20, 2026 and closes on Feb 24, 2026. It will be listed on NSE SME Platform. MAS Services Ltd. is the registrar.

The price band of Manilam Industries India IPO is ₹65 to ₹69 per share.

The lot size of Manilam Industries India IPO is 2000 shares.

The minimum investment for Manilam Industries India IPO is approximately ₹2,76,000 based on the upper price band .

Manilam Industries India IPO opens on Feb 20, 2026 and closes on Feb 24, 2026.

The allotment date of Manilam Industries India IPO is Feb 25, 2026.

Manilam Industries India IPO is expected to be listed on Feb 27, 2026, on NSE SME Platform.

Manilam Industries India IPO valuation snapshot: P/E 23.85, EPS ₹2.89/-, P/B N/A, RoNW 24.80%, and market cap 150.75 Cr.

To apply for Manilam Industries India IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Manilam Industries India IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Manilam Industries India IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Manilam Industries India IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Manilam Industries India IPO allotment status on IPO Ji for quick and easy access.