Manilam Industries India Limited IPO

Manilam Industries India Limited IPO

SME NSE SME 100% Book Built Offer
Closed

Price Band

₹65 - ₹69

Total Issue

₹39.95 Cr

Bid Dates

20 Feb - 24 Feb

Subscription

6.33x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Manilam Industries India Limited is engaged in the manufacturing and sale of decorative laminates, offering products in thicknesses ranging from 0.7 mm to 1 mm. The Company’s portfolio includes curated collections such as Artistica, Vogue, Dwar and Magnificent, designed to cater to diverse aesthetic preferences and functional requirements. These laminates are suited for both residential and commercial applications, providing varied designs, textures and finishes. In addition to its manufacturing operations, the Company is also involved in the trading of plywood in different grades and sizes, primarily catering to industrial and commercial customers. Through its diversified product offerings, Manilam Industries aims to address evolving interior and infrastructure needs.

Lot Info

Lot Information for Manilam Industries IPO
Category Lots Shares Amount
Individual (Min) 1 2,000 ₹1,38,000
Individual (Max) 1 2,000 ₹1,38,000
S-HNI (Min) 2 4,000 ₹2,76,000
S-HNI (Max) 7 14,000 ₹9,66,000
B-HNI (Min) 8 16,000 ₹11,04,000
Market Maker
2,92,000 EQ. Shares
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹39.95 Cr
Fresh Issue
₹32.42 Cr (0.47 Cr Shares)
Offer For Sale
₹7.53 Cr (0.11 Cr Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹69
Est. Gain 0.00%

Manilam Industries IPO Peer Comparison

(Rs. in crores)

Manilam Industries IPO Peer Comparison Table
Particulars Manilam Industries Archidply Industries Rushil Décor
Revenue 140.03 555.91 897.94
PAT 7.47 -7.36 47.88
EPS (₹) 1.88 1.62 -0.31
RONW 8.35% 3.05% -1.40%
EBITDA 12.67% 3.94% 11.77%
PE Ratio 14.87 52.41 -

All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of January 29, 2025. for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Manilam Industries IPO
Particulars Sep-25 Mar-25 Mar-24 Mar-23
Revenue 60.26 140.03 137.90 148.10
PAT 3.21 7.47 3.14 1.59
Net Worth 43.08 33.87 26.38 23.24
Borrowings 58.05 62.44 73.49 60.75
Assets 159.99 158.98 149.56 133.55
NAV (₹) 25.12 147.27 114.69 101.06
EPS (₹) 1.88 4.64 1.95 0.99

KPIs

EBITDA

12.67%

ROE

24.80%

ROCE

36.68%

PE Ratio

14.87

PB Ratio

0.47

Mkt Cap (in Crs.)

150.75

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

78.79%

Public

21.21%

Umesh Nemani 38.53%
Manoj Agrawal 20.40%
Manilam Retail India Pvt. Ltd. 19.84%
Others 0.02%

Management

Umesh Nemani MD
Manoj Agrawal Joint MD
Niraj Agarwal CFO

Registrar & Lead Managers

Lead Managers (1)

Subscription Status

Updated as on 24-Feb-2026 19:00:09 hrs

Category Sub (x) Offered Bids
QIB 2.24x 11,04,000 24,68,000
NII 12.49x 8,28,000 1,03,40,000
bHNI 14.16x 5,52,000 78,16,000
sHNI 9.14x 2,76,000 25,24,000
Individual Investor 5.88x 19,28,000 1,13,36,000
Total 6.25x 38,60,000 2,41,44,000

Frequently Asked Questions

What is Manilam Industries IPO?
Manilam Industries IPO is a SME IPO having an issue size of ₹39.95 Crs. Manilam Industries IPO is priced at ₹65 - ₹69 per share. The issue opens on 20 Feb 26 and closes on 24 Feb 26.
When will Manilam Industries IPO open?
Manilam Industries IPO opens on 20 Feb 26 and closes on 24 Feb 26.
What is the GMP of Manilam Industries IPO?
The estimated Grey Market Premium of Manilam Industries IPO is ₹0 per share (0.00%).
What is the lot size of Manilam Industries IPO?
The minimum lot size of Manilam Industries IPO is 2000 shares & the minimum application amount is Rs. 138000.
When is the allotment of Manilam Industries IPO?
The allotment date of Manilam Industries IPO is 25 Feb 26.
What is the listing date of Manilam Industries IPO?
The listing date of Manilam Industries IPO is 27 Feb 26.
What is the subscription of Manilam Industries IPO?
Manilam Industries IPO is subscribed 6.33 times.
What is the price band of Manilam Industries IPO?
Manilam Industries IPO is priced at ₹65 - ₹69 per share.
How to check allotment status of Manilam Industries IPO?
Click the allotment link on Manilam Industries IPO page of IPO360.
How to apply Manilam Industries IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Manilam Industries IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Manilam Industries IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Manilam Industries IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date