| IPO Date | February 20, 2026 to February 24, 2026 |
| Listing Date | February 27, 2026 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 65 to ₹ 69 / Share |
| Lot Size | 2000 Shares |
| Total Issue Size | 57,90,000 (Aggregating up to ₹40 Cr) |
| Fresh Issue | 44,06,000 (Aggregating up to ₹30 Cr) |
| Offer for Sale | 10,92,000 (Aggregating up to ₹8 Cr) |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share holding pre issue | 1,71,50,000 |
| Share holding post issue | 2,18,48,000 |
| Market Maker portion | 2,92,000 |
Manilam Industries IPO opens on February 20, 2026, and closes on February 24, 2026.
| IPO Open Date | February 20, 2026 |
| IPO Close Date | February 24, 2026 |
| Basis of Allotment | February 25, 2026 |
| Initiation of Refunds | February 26, 2026 |
| Credit of Shares to Demat | February 26, 2026 |
| Listing Date | February 27, 2026 |
| Cut-off time for UPI mandate confirmation | February 24, 2026 |
The Manilam Industries IPO minimum market lot is 4,000 shares with ₹2,76,000 application amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | Rs.276,000 |
| Retail (Max) | 2 | 4,000 | Rs.276,000 |
| S-HNI (Min) | 3 | 6,000 | Rs.414,000 |
| S-HNI (Max) | 7 | 14,000 | Rs.966,000 |
| B-HNI (Min) | 8 | 16,000 | Rs.1,104,000 |
| HNI (Min) |
| Share Holding Pre Issue | 1,71,50,000 |
| Share Holding Post Issue | 2,18,48,000 |
Manilam Industries IPO offers a total of 5,790,000 shares. Out of which 27,42,000 (47.36%) are allocated to QIB, 11,04,000 (19.07%) are allocated to QIB (Ex- Anchor), 8,28,000 (14.30%) are allocated to NII 19,28,000 (33.30%) are allocated to RII and 16,38,000 (28.29%) are allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 16,38,000 28.29% |
|
| Market Maker Shares Offered | 2,92,000 5.04% |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 11,04,000 19.07% |
|
| NII (HNI) Shares Offered | 8,28,000 14.30% |
|
| bNII > ₹10L | 5,52,000 9.53% |
|
| sNII < ₹10L | 2,76,000 4.77% |
|
| Retail Shares Offered | 19,28,000 33.30% |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 57,90,000 100.00% |
| Bid Date | |
| Shares Offered | 16,38,000 |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
Established in 2015, Manilam Industries India is a prominent business that manufactures and sells plywood and decorative laminates. Among its product laminates are Wall Cladding, Chromatic Tales, Magnificent, Artistica, Vogue, Dwar, Flute, ECP, and Wood & Veneer. Along with laminates, the company also deals in plywood of various grades and sizes.
Its product is mostly used in the commercial and industrial sectors. Additionally, its 20,650 square meter production facility is located in Manda on Bhojipura Nainital Road in Bareilly, Uttar Pradesh. Direct orders from the manufacturing facility are placed by distributors as part of its business-to-business (B2B) approach. Additionally, in large cities like Bangalore, Delhi, and Chennai, the company constructed experience centers.
| KPI | Values |
|---|---|
| ROE | 24.46% |
| ROCE | 34.58% |
| Debt/Equity | 1.84 |
| RoNW | 24.80% |
| P/BV | 0.47 |
| PAT Margin (%) | 5.33% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 4.30 | 2.89 |
| P/E (x) | 16.04 | 23.85 |
Manilam Industries India Limited 46, B. B. Ganguly Street 5th Floor, Room No. 9 Kolkata, West Bengal, 700012 Phone: 03335076903 Email: [email protected] Website: https://www.manilam.com/ |
MAS Services Limited Phone: (011) 2610 4142 Email: [email protected] Website: https://www.masserv.com/opt.asp |