SMEGMP
Back

Manilam Industries India Ltd

IPO Details · GMP · Subscription · Financials
✅ Listed NSE SME SME
Issue Price
₹69
Per Share
GMP
+₹2
+2.9% Grey Market
Est. Listing
₹71
Expected Price
Min. Application
₹276,000
2 lots × 2000 shares
IPO Issue Details
Issue Price / Price Band₹69 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size57,90,000 shares (agg. up to ₹40 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital & OFS
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 20 Feb 2026
Subscription CloseTue, 24 Feb 2026
Anchor AllotmentThu, 19 Feb 2026
Basis of AllotmentWed, 25 Feb 2026
Initiation of RefundsThu, 26 Feb 2026
Credit of Shares to DematThu, 26 Feb 2026
Listing DateFri, 27 Feb 2026
UPI Mandate Deadline5:00 PM on 24 Feb 2026 (Day 3)
Application & Investment Details
Retail — Min (2 Lots)₹2,76,000 — 4,000 shares
Retail — Max (13 Lots)₹1,794,000 (13 Lots)
HNI — Min (3 Lots)₹4,14,000 — 6,000 shares
QIB Quota47.36% of Issue
NII / HNI Quota14.30% of Issue
Retail Quota33.30% of Issue
Market Maker Quota5.04% of Issue
EPS (Pre-IPO)₹4.30
EPS (Post-IPO)₹2.89
P/E Ratio (Pre-IPO)16.04x
P/E Ratio (Post-IPO)23.85x
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-IPO Promoter Holding1,71,50,000 shares
Post-IPO Promoter Holding2,18,48,000 shares
Fresh Issue Shares44,06,000 shares (agg. up to ₹30 Cr)
Offer for Sale Shares10,92,000 shares of ₹10 (agg. up to ₹8 Cr)
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.

Shareholding & Lock-in
Pre-IPO Promoter Holding 1,71,50,000 shares
Post-IPO Promoter Holding 2,18,48,000 shares
Check Allotment Check Status →
Manilam Industries India Ltd — Live Price LIVE
₹69.00
Loading...
Issue Price
₹69.00
Issue Price
₹69.00
Face Value
₹10
Lot Size
2,000 sh
Listed On
27 Feb 2026
Exchange
NSE SME
GMP
+₹2
Symbol: NSE:MANILAM
Quick Facts
GMP Signal 🟢 Positive
StatusListed
Issue Price₹69
GMP+₹2
Est. Listing₹71
Lot Size2,000 shares
Min Amount₹276,000
Listing Date27 Feb 2026
QIB Shares2,742,000
NII Shares828,000
Retail Shares1,928,000
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹69
Listing Date27 Feb 2026
Listing Price₹—
Listing Gain/Loss—%
52-Week High₹—
52-Week Low₹—
GMP Trend — Manilam Industries India Ltd Post-listing trend
Issue Price ₹69.00
GMP +₹2
Est. Listing ₹71.00
Status: Listed
Manilam Industries India Ltd IPO Subscription Status
Total shares offered: 57,90,000 (100.00%). Issue price: ₹69. Subscription data will be updated once the IPO opens for bidding.
IPO Subscription Status Category-wise (as reported by BSE/NSE)
Category Shares Offered* Total Amt* (₹ Cr.)
Anchor
292,000 ₹2.010
QIB (Ex Anchor)
2,742,000 ₹18.920
NII
828,000 ₹5.710
Retail
1,928,000 ₹13.300
Total ** 5,790,000 ₹39.950
*: "Shares Offered" and "Total Amount" are calculated based on the upper price of the issue price range.
**: The portion of anchor investors (or market makers) is not included in the total number of shares offered.
Important Dates
Subscription OpensFri, 20 Feb 2026
Subscription ClosesTue, 24 Feb 2026
Anchor AllotmentThu, 19 Feb 2026
Basis of AllotmentWed, 25 Feb 2026
Initiation of RefundThu, 26 Feb 2026
Demat CreditThu, 26 Feb 2026
Listing DateFri, 27 Feb 2026
UPI Mandate Deadline5:00 PM on 24 Feb 2026 (Day 3)
Check AllotmentClick here →
Lot Size & Investment Table
ApplicationLotsSharesAmount
Retail (Min — 2 Lots) 2 4,000 ₹276,000
Retail (Max — 13 Lots) 13 26,000 ₹1,794,000
S-HNI (Min — 14 Lots) 14 28,000 ₹1,932,000
S-HNI (Max — 66 Lots) 66 132,000 ₹9,108,000
B-HNI (Min — 67 Lots) 67 134,000 ₹9,246,000
* Issue Price ₹69 × Lot Size 2,000 shares
Basis of Allotment — Manilam Industries India Ltd IPO
Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares) 828,000 1,928,000 2,756,000
Allotment price (Rs.) 69 69 69 69 69 69 69 69
No. of applications
No. of shares applied
Amount collected (Rs.cr.) 18.92 2.01 20.93 5.71 13.30 39.94
No. of times subscribed
No. of shares allotted 828,000 1,928,000 2,756,000
Amount (Rs.cr.) 18.92 2.01 20.93 5.71 13.30 19.02
No. of allottees
* Based on upper price band ₹69
** Anchor investor allotment is excluded from total shares offered to public.
IPO Shares Offered (Issue Structure)
Category Shares Offered Amt (₹ Cr) Size (%)
Anchor / Market Maker 292,000 ₹2.01
5.04%
QIB (Ex Anchor) 2,742,000 ₹18.92
47.36%
NII / HNI 828,000 ₹5.71
14.30%
Retail (RII) 1,928,000 ₹13.30
33.30%
Total 5,790,000 ₹39.95
100.00%
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars 30 Sep 2025 31 Mar 2025 31 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
Total Borrowings 58.05 62.44 73.49
EBITDA Margin (%) 14.39%
PAT Margin (%) 5.33%
Key Ratios & Valuation
Issue Price₹69
Face Value₹10 Per Share
Price / Book Value (P/BV)2.75
Return on Equity (RoE)8.35%
Return on Capital Employed (RoCE)13.50%
Return on Net Worth (RoNW)8.35%
PAT Margin (%)5.33%
EBITDA Margin (%)14.39%
Debt / Equity RatioNot Available
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
Script CodeNot Available
Objects of the Issue

Manilam Industries India Ltd proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI:

1
Object 1
2
Object 2
3
Object 3
4
Object 4
Issue Composition & Shareholding
Issue TypeBookbuilding IPO
Sale TypeFresh Capital & OFS
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
Company Details
Company Name
Manilam Industries India Ltd
Listing Exchange
NSE SME
IPO Type
allottees IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
Not Available
Registered Address
46 B. B. Ganguly Street 5th Floor, Room No-9 Kolkata, West Bengal, 700012
IPO Registrar (Share Transfer Agent)
MAS Services Ltd.
Official IPO Registrar & Share Transfer Agent
Book Running Lead Managers (BRLM)
NEXGEN Financial Solutions Pvt. Ltd.
Book Running Lead Manager (BRLM)
IPO Allotment
Check Allotment Status Check Now
Quick Actions
Check Allotment Status
IPO Timeline
IPO Opens
20 Feb 2026, Fri
✓ Done
IPO Closes
24 Feb 2026, Tue
✓ Done
Basis of Allotment
25 Feb 2026, Wed
✓ Done
Initiation of Refunds
26 Feb 2026, Thu
✓ Done
Credit of Shares
26 Feb 2026, Thu
✓ Done
Listing Day
27 Feb 2026, Fri
✓ Done
Quick Summary
Issue Price₹69
Face Value₹10
Lot Size2,000 Shares
Min. Investment₹276,000
Open Date20 Feb 2026
Close Date24 Feb 2026
Allotment25 Feb 2026
Listing Date27 Feb 2026
ExchangeNSE SME
GMP+₹2
Est. Listing₹71
IPO Subscription FAQs
How much Manilam Industries India Ltd IPO subscribed?
Manilam Industries India Ltd Subscription
Investor Category Subscription (times)
What is Manilam Industries India Ltd IPO retail subscription status?
What is Manilam Industries India Ltd IPO QIB subscription status?
How many times is Manilam Industries India Ltd IPO subscribed?
What is Manilam Industries India Ltd IPO lot size and minimum investment?
What is the UPI mandate deadline for Manilam Industries India Ltd IPO?
How to apply for Manilam Industries India Ltd IPO?
How to check Manilam Industries India Ltd IPO allotment status?
When will Manilam Industries India Ltd IPO be listed?
Where to check Manilam Industries India Ltd IPO live subscription data?
Read more about Manilam Industries India Ltd
Manilam Industries India Ltd IPO Details
IPO Funding in India (IPO Loan Process) Explained
Manilam Industries India Ltd IPO Recommendations
UPI for IPO Application (Unified Payments Interface for IPO)
Manilam Industries India Ltd IPO Subscription
IPO Bidding Time Limit on Last day (IPO Closing Day)
Manilam Industries India Ltd IPO Live News
IPO and Grey Market Premium in India
Manilam Industries India Ltd IPO Allotment Status
HNI IPO Application Guide (NII Allotment Rules, Benefits & Funding)
Manilam Industries India Ltd IPO Basis of Allotment Document
IPO Application Cancellation Process, Charges, Rules – Explained
Manilam Industries India Ltd IPO FAQs