Manilam Industries GMP IPO Date, Review, Price, Allotment Details IPO
Manilam Industries IPO Summary
IPO Open Date: 20 Feb 2026
IPO Close Date: 24 Feb 2026
Price Band: ₹65 to ₹69 Per Share
Issue Size: Approx ₹40 Crores
Listing Exchange: NSE SME
Website: https://www.manilam.com
Manilam Industries IPO Overview
Manilam Industries IPO is a book build issue of ₹39.95 crores. The issue is a combination of fresh issue of 0.47 crore shares aggregating to ₹32.42 crores and offer for sale of 0.11 crore shares aggregating to ₹7.53 crores.
Manilam Industries IPO opens for subscription on Feb 20, 2026 and closes on Feb 24, 2026. The allotment for the Manilam Industries IPO is expected to be finalized on Feb 25, 2026. Manilam Industries IPO will list on NSE SME with a tentative listing date fixed as Feb 27, 2026.
Manilam Industries IPO price band is set at ₹65 to ₹69 per share. The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹2,76,000 (4,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (6,000 shares), amounting to ₹4,14,000.
Manilam Industries IPO Details
| Company Name | Manilam Industries India Ltd. |
| IPO Open Date | 20 Feb 2026 |
| IPO Close Date | 24 Feb 2026 |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹65 to ₹69 Per Share |
| Issue Size | Approx ₹40 Crores |
| Fresh Issue | Approx ₹32.42 Crores |
| Offer for Sale | Approx 10,92,000 Equity Shares |
| Issue Type | Book build Issue |
| Listing On | NSE SME |
Manilam Industries IPO Review & Key Points
NeutralManilam Industries IPO Market Lot
The Manilam Industries IPO minimum market lot is 4,000 shares with ₹2,76,000 application amount.
| Category | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 4,000 | ₹2,76,000 |
| Retail Maximum | 2 | 4,000 | ₹2,76,000 |
| S-HNI Minimum | 3 | 6,000 | ₹4,14,000 |
| S-HNI Maximum | 7 | 14,000 | ₹9,66,000 |
| B-HNI Minimum | 8 | 16,000 | ₹11,04,000 |
Manilam Industries IPO Reservation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Anchor Investor | 16,38,000 Shares | 28.29% |
| QIB (Ex. Anchor) | 11,04,000 Shares | 19.07% |
| NII / HNI | 8,28,000 Shares | 14.30% |
| Retail | 19,28,000 Shares | 33.30% |
Anchor Bidding Date: 19 Feb 2026
Manilam Industries IPO Dates & Allotment
The Manilam Industries IPO date is February 20, and the close date is February 24. The Manilam Industries IPO allotment will be finalized on February 25, and the IPO listing on February 27.
| IPO Opening Date | 20 Feb 2026 |
| IPO Closing Date | 24 Feb 2026 |
| Bidding Cutoff Time | 5 PM |
| Basis of Allotment | 25 Feb 2026 |
| Refunds Initiation | 26 Feb 2026 |
| Credit to Demat | 26 Feb 2026 |
| IPO Listing Date | 27 Feb 2026 |
Manilam Industries IPO Objects of the Issue & Utilization of Proceeds
| Description | Amount |
|---|---|
| A. Capital Expenditure – Purchase of equipment/machinery of the Company. B. Capital Expenditure – Purchase and installation of Solar Panel Panels at the manufacturing plant. | ₹1.25 |
| Repayment in full or in part, of certain loans availed by the Company | ₹2.20 |
| Working Capital Requirements of the Company | ₹3.50 |
| General Corporate Purpose | ₹16.65 |
Manilam Industries India Ltd. Financials
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹148.82 | ₹146.64 | ₹1.53 | ₹133.55 |
| 2024 | ₹138.04 | ₹133.61 | ₹3.10 | ₹149.56 |
| 2025 | ₹142.16 | ₹131.71 | ₹7.38 | ₹158.98 |
| Sep 2025 | ₹60.53 | ₹56.13 | ₹3.16 | ₹159.99 |
Manilam Industries IPO Valuation
Check Manilam Industries IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Parameter | Value |
|---|---|
| Earnings Per Share (EPS) | ₹4.64 (Basic) |
| P/E Ratio | N/A |
| Return on Equity (ROE) | 24.46% |
| Return on Capital Employed (ROCE) | 34.58% |
| Return on Net Worth (RoNW) | 24.80% |
| Net Asset Value (NAV) | ₹147.27 |
| EBITDA Margin | 12.59% |
| PAT Margin | 5.27% |
| Debt to Equity Ratio | 1.84 |
Manilam Industries IPO Peer Group Comparison
| Company | EPS | P/E | RoNW % | NAV | Total Income |
|---|---|---|---|---|---|
| Archidply Industries Ltd | 1.62 | 52.41 | 3.05% | 52.71 | – Cr. |
| Rushil Decor Limited | (0.31) | Nil | (1.40%) | 53.72 | – Cr. |
Manilam Industries IPO Promoters & Holding Pattern
The promoters of the company are Manilam Retail India Private Limited, Mr. Umesh Kumar Nemani, Mr. Manoj Kumar Agrawal and Mr. Aman Kumar Nemani.
| Particulars | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,71,50,000 | 78.79% |
| Promoter Holding Post Issue | 2,18,48,000 | 61.85% |
Manilam Industries IPO Lead Managers (Merchant Bankers)
- NEXGEN Financial Solutions Pvt. Ltd.
About Manilam Industries India Ltd.
Manilam Industries is a leading Indian manufacturer specializing in high-quality decorative laminates and premium plywood solutions. The company is dedicated to innovation and aesthetic excellence, providing a diverse range of interior surface materials for residential and commercial applications. By leveraging advanced technology and sustainable practices, Manilam has established a significant presence in the global building materials market.
Manilam Industries India Ltd. Address
Kolkata, West Bengal, 700012Phone: 03335076903
Email: [email protected]
Manilam Industries IPO Registrar
MAS Services Ltd.
Phone: (011) 2610 4142
Email: [email protected]
Website: https://www.masserv.com/opt.asp