MANILAM · NSE · Wood-Based Products
Manilam Industries India IPO listed on 27 Feb 2026 on NSE at ₹55.20, a loss of 20.00% over the issue price of ₹69.00. The IPO was subscribed 6.33x overall.
Manilam Industries India IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 20 Feb 2026 |
| IPO Close Date | 24 Feb 2026 |
| Basis of Allotment | 25 Feb 2026 |
| Initiation of Refunds | 26 Feb 2026 |
| Credit of Shares to Demat | 26 Feb 2026 |
| Listing Date | 27 Feb 2026 |
Listing day gain
-20%
Listed at ₹55.2 (issue ₹69)
Issue
₹69
Listing
₹55.2
Current
₹52.45
-23.99% vs issue
Day range
₹52.45 – ₹55.2
Issue Size
5,790,000 shares
(aggregating up to ₹40.00 Cr)
Issue Price
₹65 – ₹69
Face Value
₹10/share
Market Lot
2,000 shares
Retail Min Investment
₹276,000
Listing At
NSE
Sale Type
both
Fresh Issue
4,698,000 shares
(aggregating up to ₹32 Cr)
Offer for Sale
1,092,000 shares
(aggregating up to ₹8 Cr)
Reserved for Market Maker
292,000 shares
(aggregating up to ₹2.01 Cr)
Issue Type
book building
Open Date
20 Feb
Close Date
24 Feb
Allotment
25 Feb
Listing
27 Feb
Last updated: 7 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 27 Feb 2026 Latest | ₹69 | ₹0 | ₹69 | ₹0 |
0%
|
4:32 PM |
| 26 Feb 2026 | ₹69 | ₹0 | ₹69 | ₹0 |
0%
|
1:42 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 24 Feb 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 2.24x | 7 |
| NII | 12.84x | 898 |
| bNII (bids above ₹10L) | 14.69x | 478 |
| sNII (bids below ₹10L) | 9.14x | 420 |
| Individual Investors | 5.88x | 2,834 |
| Total | 6.33x | 4,637 |
Showing the latest subscription snapshot.
View full subscription historyManilam Retail India Private Limited, Mr. Umesh Kumar Nemani, Mr. Manoj Kumar Agrawal and Mr. Aman Kumar Nemani are the promoters of the Company.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹276,000 |
| Retail (Max) | 2 | 4,000 | ₹276,000 |
| S-HNI (Min) | 3 | 6,000 | ₹414,000 |
| S-HNI (Max) | 7 | 14,000 | ₹966,000 |
| B-HNI (Min) | 8 | 16,000 | ₹1,104,000 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 292,000 (5.04%) |
| QIB Shares Offered | 2,742,000 (47.36%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
1,104,000 (19.07%) |
|
•
Anchor Investor Shares Offered
|
1,638,000 (28.29%) |
| NII (HNI) Shares Offered | 828,000 (14.30%) |
|
•
bNII > ₹10L
|
552,000 (9.53%) |
|
•
sNII < ₹10L
|
276,000 (4.77%) |
| Retail Shares Offered | 1,928,000 (33.30%) |
| Total Shares Offered | 5,790,000 (100.00%) |
Manilam Industries Limited is an Uttar Pradesh-based company engaged in manufacturing high-quality decorative laminates and plywood. They offer a wide range of surface lifestyle products used in homes and offices across India. The company focuses on design innovation and durable quality to cater to the modern interior infrastructure market.
Strengths
Growth
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 148.82 | 138.04 | 142.16 |
| Profit After Tax (PAT) | 1.53 | 3.1 | 7.38 |
| EBITDA | 9.12 | 14.18 | 17.75 |
| Total Assets | 133.55 | 149.56 | 158.98 |
| Net Worth | 23.24 | 26.38 | 33.87 |
| Reserves & Surplus | 20.94 | 24.08 | 31.57 |
| Total Borrowing | 60.75 | 73.49 | 62.44 |
Revenue & Profit Trend
The basis of allotment for Manilam Industries India IPO was finalised on 25 Feb 2026. You can check your allotment status using your PAN number or application number on the MAS Services Limited portal or BSE.
The Manilam Industries India IPO is expected to open in Feb 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Manilam Industries India IPO is ₹65.00 - ₹69.00 per share.
As per market sources, Manilam Industries India IPO GMP is currently ₹0.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Manilam Industries India IPO stands at 6.33x overall.
The listing date for Manilam Industries India IPO is 27 Feb 2026.
No comments yet. Be the first to comment!