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Home All IPOs Manilam Industries India Ltd IPO
NSE SME Bookbuilding IPO Fresh Capital & OFS Closed

Manilam Industries India Ltd IPO 2026

Face Value: ₹10  ·  Lot Size: 2,000 shares  ·  Min Investment: ₹138,000
₹69
Issue Price
+₹2
GMP Today
57,90,000 (100.00%)
Total Shares Offered
₹71
Est. Listing
Allotment Status
📅
Open Date
2026-02-20
📅
Close Date
2026-02-24
🎟️
Allotment
2026-02-25
UPI Mandate
TBA
📱
Listing Date
2026-02-27
🔗
Script Code
TBA
Grey Market Premium (GMP)
LIVE
Current GMP
+₹2
+2.9% vs Issue Price
Estimated Listing: ₹71
Issue Price: ₹69  ·  Lot: 2,000 shares
Expected P&L (1 lot): +₹4,000 on ₹138,000
GMP is unofficial grey market data. It does not guarantee listing price or returns.
Financial Overview
Amount in ₹ Crore
Metric 30 Sep 2025 31 Mar 2025 31 Mar 2024
Revenue 60.53 142.16 138.04
Profit After Tax 3.16 7.38 3.10
EBITDA 8.60 17.63 14.06
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
Key Financial Ratios
8.35%
ROE
Return on Equity
13.50%
ROCE
Return on Capital Employed
8.35%
RONW
Return on Net Worth
5.33%
PAT Margin
PAT / Revenue
14.39%
EBITDA Mgn
EBITDA / Revenue
2.75
P/BV
Price to Book Value
Issue Details
Total Shares Offered
57,90,000 (100.00%)
Net Offer to Public
54,98,000 shares (agg. up to ₹38 Cr)
Market Maker Reservation
2,92,000 shares (agg. up to ₹2 Cr)
Pre-Issue Shareholding
1,71,50,000 shares%
Post-Issue Shareholding
2,18,48,000 shares%
Issue Price
₹69
Face Value
₹10
Lot Size
2,000 shares
Listing Exchange
NSE SME
Issue Type
Bookbuilding IPO
Objects of Issue
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
Lead Managers
NEXGEN Financial Solutions Pvt. Ltd.
IPO Timeline
Open
2026-02-20
Close
2026-02-24
Allotment
2026-02-25
Listing
2026-02-27
Registrar Details
MAS Services Ltd.
(011) 2610 4142
ipo@masserv.com
Check Allotment Status
Company Information
Email
info@manilam.com
Phone
03335076903
Address
46 B. B. Ganguly Street 5th Floor, Room No-9 Kolkata, West Bengal, 700012
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.

Quick Facts
GMP Signal
Bullish 🚀
Status
Closed
Issue Price
₹69
Lot Size
2,000 sh
Est. Listing
₹71
Pre-Issue Hold.
1,71,50,000 shares%
Post-Issue Hold.
2,18,48,000 shares%
Registrar
MAS Services Ltd.
GMP Profit Calculator
Est. Listing
GMP %
1 Lot Investment
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