IPO Details
IPO Open Date
20 Feb 2026
IPO Close Date
24 Feb 2026
Issue Size
Approx ₹40 Crores
Price Band
₹65 to ₹69 Per Share
Total Applications
3,739
Listing Price
₹55.20
Listing Percent
-20%
Important Note
- "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.
- Market Maker portion is not included to NII/HNI.
Manilam Industries IPO Subscription Status
| Investor Category | Subscription (times) | Shares Offered | Shares Bid For | Total Amount (₹ Cr) | Total Applications |
|---|---|---|---|---|---|
| Anchor | 1 | 16,38,000 | 16,38,000 | ₹ 11.302 | - |
| Market Maker | 1 | 2,92,000 | 2,92,000 | ₹ 2.015 | - |
| QIB (Ex Anchor) | 2.24 | 11,04,000 | 24,68,000 | ₹ 17.029 | 7 |
| NII*** | 12.49 | 8,28,000 | 1,03,40,000 | ₹ 71.346 | 898 |
| bNII (> ₹10L) | 14.16 | 5,52,000 | 78,16,000 | ₹ 53.930 | - |
| sNII (< ₹10L) | 9.14 | 2,76,000 | 25,24,000 | ₹ 17.416 | - |
| Individual Investors | 5.88 | 19,28,000 | 1,13,36,000 | ₹ 78.218 | 2,834 |
| Total ** | 6.25 | 38,60,000 | 2,41,44,000 | ₹ 166.594 | 3,739 |
Day-wise Subscription Details (Times)
| Date | QIB (Ex Anchor) | NII | sNII (> ₹10L) | bNII (< ₹10L) | Individual Investors | Total |
|---|---|---|---|---|---|---|
| 24 Feb 2026 | 2.24 | 12.49 | 14.16 | 9.14 | 5.88 | 6.25 |
| 23 Feb 2026 | 0.12 | 3.37 | 3.70 | 2.70 | 2.02 | 1.77 |
| 20 Feb 2026 | 0.00 | 0.35 | 0.49 | 0.07 | 0.30 | 0.23 |
Note: QIB = Qualified Institutional Buyers, NII = Non-Institutional Investors, sNII = Small NII, bNII = Big NII
IPO Shares Offered
| Category | Shares Offered | Amount (₹ Cr) | Size (%) |
|---|---|---|---|
| Market Maker | 2,92,000 | ₹ 2.01 | 5.04% |
| QIB | 27,42,000 | ₹ 18.92 | 47.36% |
| Anchor | 16,38,000 | ₹ 11.30 | 28.29% |
| QIB (Ex Anchor) | 11,04,000 | ₹ 7.62 | 19.07% |
| NII | 8,28,000 | ₹ 5.71 | 14.30% |
| bNII (> ₹10L) | 5,52,000 | ₹ 3.81 | 9.53% |
| sNII (< ₹10L) | 2,76,000 | ₹ 1.90 | 4.77% |
| Retail | 19,28,000 | ₹ 13.30 | 33.30% |
| Total | 57,90,000 | ₹ 39.95 | 100% |
Basis of Allotment
| Category | Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | Retail | Total |
|---|---|---|---|---|---|---|---|---|
| Allocation (No. of shares) | 11,04,000 | 16,38,000 | 27,42,000 | 2,76,000 | 5,52,000 | 8,28,000 | 19,28,000 | 54,98,000 |
| Allotment price (Rs.) | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 |
| No.of applications | 5 | 3 | 8 | 422 | 477 | 899 | 2,816 | 3,723 |
| No.of shares applied | 24,56,000 | 16,38,000 | 40,94,000 | 25,36,000 | 78,16,000 | 1,03,52,000 | 1,12,64,000 | 2,57,10,000 |
| Amount collected (Rs.cr.) | 16.95 | 11.30 | 28.25 | 17.50 | 53.93 | 71.43 | 77.72 | 177.40 |
| No.of times subscribed | 2.22 | 1.00 | 1.49 | 9.19 | 14.16 | 12.50 | 5.84 | 4.68 |
| No.of shares allotted | 11,04,000 | 16,38,000 | 27,42,000 | 2,76,000 | 5,52,000 | 8,28,000 | 19,28,000 | 54,98,000 |
| Amount (Rs.cr.) | 7.62 | 11.30 | 18.92 | 1.90 | 3.81 | 5.71 | 13.30 | 37.94 |
| No.of allottees | 4 | 3 | 7 | 46 | 92 | 138 | 482 | 627 |
Anchor Investors Allocation
Anchor Bid Date: 19 Feb 2026
Anchor Price: ₹69.00
Anchor as % of QIBs: 59.74%
| S.No. | Anchor Investor | Shares Allotted | Amount (₹ Cr) | % within Anchor | % of Issue |
|---|---|---|---|---|---|
| 1 |
PINE OAK GLOBAL FUND-CLASS B
PINE OAK
|
3,04,000 | ₹ 2.10 | 18.56 | 5.25 |
| 2 |
LONGTHRIVE CAPITAL VCC-TRENDVIEW CAPITAL FUND
LONGTHRIVE CAPITAL VCC
|
10,94,000 | ₹ 7.55 | 66.79 | 18.89 |
| 3 |
NORTH STAR OPPORTUNITIES FUND VCC-BULL VALUE INCORPORATED VCC SUB FUND
NORTH STAR
|
2,40,000 | ₹ 1.66 | 14.65 | 4.15 |
| Total | 1,638,000 | ₹ 11.31 | 100% | 28.29% |
Understanding IPO Subscription Status
What is Subscription Times?
Subscription times indicate how many times the IPO has been subscribed. For example, if subscription is 5x, it means the IPO received 5 times more applications than shares available.
Investor Categories
- QIB (Qualified Institutional Buyers): Large institutional investors like mutual funds, insurance companies, banks
- NII (Non-Institutional Investors): High net-worth individuals and corporates
- sNII: Small NII with investment above ₹2 lakhs but below ₹10 lakhs
- bNII: Big NII with investment above ₹10 lakhs
- Retail: Individual investors investing up to ₹2 lakhs
- Anchor Investors: Selected institutional investors who get allocation before IPO opens
How to Interpret the Data?
- Higher subscription times generally indicate strong demand
- Retail and NII oversubscription shows interest from individual investors
- QIB subscription reflects institutional confidence
- Day-wise data helps track momentum during the IPO period