Manilam Industries India

Manilam Industries India

NSE SME

₹2,76,000 / Individual : 4,000 Shares

Offer Date:Feb 20, 2026 - Feb 24, 2026
Live
Share

IPO Live Subscription Details

CategorySubscription (Times)
Date
20 Feb 2026, 05:54 PM
QIBs
0.00 times
NII
0.35 times
Total
0.23 times

Manilam Industries India IPO Details

The Manilam Industries India IPO price band is set between ₹65-69 per equity share, with a face value of ₹10 per share. The issue is managed by MAS Services Ltd., and the equity shares are proposed to be listed on the NSE SME.

The IPO date for subscription opens on 20 Feb, 2026 and closes on 24 Feb, 2026. Investors can check the allotment status on 25 Feb, 2026, while the listing date is tentatively scheduled for 27 Feb, 2026.

The total issue size is 57,90,000 shares, aggregating up to ₹39.95 crore. Stay tuned for the latest Manilam Industries India IPO review and GMP updates.

Manilam Industries India IPO Review, Rating & Analysis

Manilam Industries India IPO Review

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Manilam Industries India IPO Rating

Manilam Industries India IPO Highlights

IPO Date

Feb 20, 2026 - Feb 24, 2026

Listing Date

27 Feb, 2026

Face Value

₹10 Per Equity Share

Price Band

₹65-69 per equity share

Lot Size

-

Fresh Issue

Shares

Offer for Sale

-

Listing At

NSE SME

Manilam Industries India IPO Lot Size

The minimum market lot for Manilam Industries India IPO is 4 shares with an application amount of ₹276. Retail investors can apply for up to 724 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.

ApplicationLotsSharesAmount
Retail (Min)14₹276
Retail (Max)7242896₹1,99,824
S-HNI (Min)7252900₹2,00,100
S-HNI (Max)362314492₹9,99,948
B-HNI (Min)362414496₹10,00,224

Manilam Industries India IPO Timeline

IPO Open Date
20 Feb, 2026
IPO Close Date
24 Feb, 2026
Basis of Allotment
25 Feb, 2026
Listing Date
27 Feb, 2026

Issue Price

₹65-69 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

MAS Services Ltd.

Lead Manager

NEXGEN Financial Solutions Pvt. Ltd.

Issue Size

57,90,000 shares(aggregating up to ₹39.95 crore)

Manilam Industries India IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
30-Sep-25159.9960.533.1643.0825.9358.05
31-Mar-25158.98142.167.3833.8731.5762.44
31-Mar-24149.56138.043.1026.3824.0873.49
31-Mar-23133.55148.821.5323.2420.9460.75

In Cr.

Manilam Industries India IPO Reservation Details

Investor CategoryShares Offered% Shares
Anchor Investor Shares Offered163800028.29%
Market Maker Shares Offered2920005.04%
QIB Shares Offered110400019.07%
NII (HNI) Shares Offered82800014.3%
bNII > ₹10L5520009.39%
sNII < ₹10L2760004.85%
Individual Shares Offered192800033.3%
Total Shares Offered5790000100%

Manilam Industries India IPO Valuations

EPS Pre IPO

₹4.30/-

EPS Post IPO

₹2.89/-

PE Pre IPO

16.04

PE Post IPO

23.85

ROE

24.80%

ROCE

36.68%

Debt Equity

-

RoNW

24.80%

PAT Margin

5.33%

Price to Book Value

-

Promoters & Share Holding

Promoter(s) Name

  • Manilam Retail India Private Limited
  • Mr. Umesh Kumar Nemani
  • Mr. Manoj Kumar Agrawal
  • Mr. Aman Kumar Nemani
Share Holding Pre IssueShare Holding Post Issue
78.79%61.85%

About Company

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.

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Manilam Industries India IPO Subscription Details

As onQIBNII
bNII  sNII
RetailTotal
Shares Offered / Reserved11,04,000
8,28,000

5,52,000    2,76,000
19,28,00038,60,000
Day 120-02-26 05:00 PM
0.00 x
0.35 x

0.49 x   0.07 x
0.30 x0.22 x
Total No. of Applications:

Manilam Industries India IPO - Issue Objectives & Utilisation of proceeds

ObjectivesAmount
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-

Company Contact Details

Manilam Industries India

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

Phone: 03335076903

Email: info@manilam.com

Website: https://www.manilam.com/

Registrar Contact Details

Mas Services Limited

Phone: (011) 2610 4142

Email: ipo@masserv.com

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

Frequently Asked Questions about Manilam Industries India IPO

When will Manilam Industries India IPO open for subscription?

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

What is the investors portion for Manilam Industries India IPO?

The investors' portion for QIB is 0.00 x, NII is 0.49 x, and Retail is 0.30 x.

How to apply for Manilam Industries India IPO?

You can apply for Manilam Industries India IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.

What is the issue size of Manilam Industries India IPO?

The issue size of Manilam Industries India IPO is approx ₹57,90,000 shares(aggregating up to ₹39.95 crore) crores.

What is the price band of Manilam Industries India IPO?

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

What is the lot size of Manilam Industries India IPO?

The minimum bid (lot size) for Manilam Industries India IPO is 2000 shares with an investment of approx ₹2,76,000 .

What is the allotment date of Manilam Industries India IPO?

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

What is the listing date of Manilam Industries India IPO?

The listing date for Manilam Industries India IPO is expected to be 27 Feb, 2026.

What is the GMP of Manilam Industries India IPO?

The latest Grey Market Premium (GMP) for Manilam Industries India IPO is being updated regularly on IPOROCK.

PD

Parth D.

Founder & Lead Analyst

Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.

Manilam Industries India IPO Date, Review, Price, Allotment Details, GMP | IPOROCK