Manilam Industries India IPO Details
Manilam Industries India IPO Summary
Manilam Industries India IPO opens for subscription on 20 Feb 2026 and closes on 24 Feb 2026.The IPO will be listed on NSE with the tentative listing date set for 27 Feb 2026.
Manilam Industries India IPO price band has been fixed at ₹65 – ₹69 per share. The face value is ₹10 per share with a lot size of 2000.
Manilam Industries India IPO total issue size comprises 57,90,000 shares (aggregating up to ₹39.95 Cr.). This includes a fresh issue of 46,98,000 shares (aggregating up to ₹32.42 Cr.). Offer for Sale consists of 10,92,000 shares (aggregating up to ₹7.53 Cr.). Pre-issue shareholding stands at 1,71,50,000, which will increase to 2,18,48,000 post-issue.
Manilam Industries India IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
Manilam Industries India IPO Lot Size :Individual Minimum is 2 lots (4,000 shares) amounting to ₹276,000. Individual Maximum is 2 lots (4,000 shares) amounting to ₹276,000. SHNI Minimum is 3 lots (6,000 shares) amounting to ₹414,000. SHNI Maximum is 7 lots (14,000 shares) amounting to ₹966,000. BHNI Minimum is 8 lots (16,000 shares) amounting to ₹1,104,000.
The Lead Managers for Manilam Industries India IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is NEXGEN Financial Solutions Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Nikunj Stock Brokers. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Manilam Industries India Limited RHP.
Manilam Industries India IPO Details
Manilam Industries India IPO Subscription
Manilam Industries India IPO Application Wise Breakup
Manilam Industries India IPO Dates
- 20 Feb 2026Opening dateOpen
- 24 Feb 2026Closing dateClose
- 25 Feb 2026Allotment Date Allotment
- 26 Feb 2026Initiation of RefundsRefund
- 26 Feb 2026Credit of SharesCredit
- 27 Feb 2026Listing dateListing
Manilam Industries India IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 4000 | ₹276,000 |
| Individual Maximum | 2 | 4000 | ₹276,000 |
| SHNI Minimum | 3 | 6000 | ₹414,000 |
| SHNI Maximum | 7 | 14000 | ₹966,000 |
| BHNI Minimum | 8 | 16000 | ₹1,104,000 |
Manilam Industries India IPO Reservation
Promoter Holding
Documents
Manilam Industries India IPO Valuations
Manilam Industries India Financial Information
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 159.99 | 158.98 | 149.56 | 133.55 |
| Total Income | 60.53 | 142.16 | 138.04 | 148.82 |
| Profit After Tax | 3.16 | 7.38 | 3.10 | 1.53 |
| EBITDA | 8.67 | 17.75 | 14.18 | 9.12 |
| NET Worth | 43.08 | 33.87 | 26.38 | 23.24 |
| Reserves and Surplus | 25.93 | 31.57 | 24.08 | 20.94 |
| Total Borrowing | 58.05 | 62.44 | 73.49 | 60.75 |
| Amount in ₹ Crore | ||||
About Manilam Industries India IPO
Incorporated in 2015, Manilam Industries India Limited is engaged in the manufacturing and sale of decorative laminates and plywood products, catering to residential, commercial, and industrial applications.
The company has developed and launched multiple laminate collections, including the Artistica Collection, Vogue Collection, Dwar Collection, and Magnificent Collection. In response to evolving market demand and distributor feedback, additional collections such as Chromatic Tales, Flute, ECP, Wood & Veneer, and Wall Cladding have been introduced, offering a wide range of designs, textures, and finishes suitable for diverse interior applications.
In addition to laminate manufacturing, the company is also engaged in the trading of plywood across various grades and sizes, primarily serving industrial and commercial customers.
The manufacturing facility of Manilam Industries India Limited is located at Village Manda, Bhojipura Nainital Road, Bareilly, Uttar Pradesh, spread over approximately 20,650 square meters. The company operates under a business-to-business (B2B) model, with distributors placing orders directly with the manufacturing plant.
To strengthen customer engagement and brand visibility, the company has established Experience Centres in major cities including Bangalore, Delhi, and Chennai. In Bangalore and Chennai, it follows an integrated model combining service depots with experience centres, enabling product display, stock availability, dispatch, and customer interaction from a single location. This approach allows customers to evaluate products, receive guidance on design and colour combinations, and fulfil orders efficiently.
As of February 10, 2026, the company employed 152 personnel, including workers engaged through third-party contracts.
Strength Of Manilam Industries India IPO
- Established manufacturer of decorative laminates with diversified collections for residential and commercial use.
- Presence in both laminate manufacturing and plywood trading broadens product offerings.
- Operates in a steadily growing decorative laminates and plywood market.
- Backed by experienced promoters with industry presence and established networks.
- IPO proceeds allocated toward capacity expansion, solar installation, debt reduction, and working capital support.
Risk Of Manilam Industries India IPO
- The company's products are subject to frequent changes in designs, patterns, and customer preferences, and failing to meet these evolving demands could affect its business.
- Potential conflicts of interest may arise due to the involvement of the company's Promoters, Directors, Subsidiary, and certain Group Companies in businesses similar to that of the Company.
- The company has entered into related party transactions in the past and may continue to do so in the future.
- The company has certain contingent liabilities which, if materialized, may adversely affect its financial condition.
- The company's manufacturing factory are concentrated in a single region. Any inability to operate and grow its business in this particular region may have an adverse effect on the company's business, financial condition, results of operations, cash flows, and future business prospects.
- Regulatory proceedings involving one of the company's Promoters may affect its reputation and present future risks to the Company's business and market perception.
- The property used by the company as its registered office, factory, godowns, and experience centers is not owned by the company. Any termination of the relevant lease or rent agreements could adversely affect its operations and disrupt the continuity of the company's business activities.
- The company procures the company's raw materials from various local suppliers across India, and any disruption in these supply regions could materially and adversely affect its business operations, financial condition, and results of operations.
- The company's business is working capital intensive, and fluctuations or inadequate financing of its working capital requirements may adversely affect the company's business, financial condition, and results of operations.
- The Company, Promoters, Directors, KMPs, SMPs, and Group Entities are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on the company's business, results of operations and financial condition.
Objectives Manilam Industries India IPO
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
Company Contact Details
Manilam Industries India Ltd.
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
Manilam Industries India FAQs
The Manilam Industries India IPO is a SME public issue comprising 5790000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹39.95 Cr.. The issue price has been fixed at ₹69 per equity share, and the minimum application size is 2000 shares.
The IPO opens for subscription on 20 Feb 2026, and closes on 24 Feb 2026.
Mas Services Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE
As of now, the current GMP stands at ₹0 (0%).
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