
Manilam Industries India IPO Listing at 20% discount at ₹55.20 Per Share
Posted by : Ekta Dhawan | Fri Feb 27 2026

Manilam Industries India IPO Listing Today: The Manilam Industries India IPO was subscribed 6.25 times at the time of its closing. In this subscription, qualified institutional buyers (QIBs) received 2.24 times, and non-institutional investors (NIIs) received 12.49 times. The retail quota of the issue was subscribed to 33.30%. Before delving deeper into the topic, go through the details of the Manilam Industries India IPO.
Manilam Industries India IPO
It is a bookbuilding IPO of ₹39.95 crore, comprising an entirely fresh issue of 0.47 crore shares and an offer-for-sale of 0.11 crore shares. The issue will be listed on NSE and SME on its tentative listing date, 27th February 2026. The Manilam Industries IPO date is fixed between 20th February 2026 to 24th February 2026. The face value of Manilam Industries shares stands at ₹10 per share, and the IPO Issue price band is set at ₹65 to ₹69 per share
| IPO Allotment Date | 25th February 2026 |
| IPO Open Date | 20th January 2026 |
| IPO Close Date | 24th February 2026 |
| Refund Initiation | 25th February 2026 |
| Issue Size | 57,90,000 shares(agg. up to ₹40 Cr) |
| Fresh Issue | 44,06,000 shares(agg. up to ₹30 Cr) |
| Offer for Sale | 10,92,000 shares of ₹10(agg. up to ₹8 Cr) |
| Face Value | ₹10 per share |
| Lot Size | 2,000 Shares |
| Issue Price | ₹65 to ₹69 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Listing Date | 27th February 2026 |
Manilam Industries India Listing
On the NSE & SME platforms, Manilam Industries India shares are listed at ₹55.20 per share, reflecting a 20% discount over the issue price of ₹6.25 per share.
About Manilam Industries Limited
Manilam Industries Incorporated in the year 2015, Manilam Industries India Limited is involved in the manufacturing and subsequent sale of decorative laminates and plywood. The company has come up with various laminate ranges, such as the Artistica Collection, the Vogue Collection, the Dwar Collection, and the Magnificent Collection. In addition to these, owing to market demand and distributor feedback, other ranges such as Chromatic Tales, Flute, ECP, Wood & Veneer, and Wall Cladding have also been introduced. These ranges are used for both residential and commercial purposes. Apart from laminates, the company is also involved in the trading of plywood of various grades and sizes, mainly used in the industrial and commercial sectors.
Manilam Industries Limited Financials
The company’s financial analysis is essential before applying for the Manilam Industries IPO. See the table for Manilam Industries Limited’s financials.
| Year Ended | 30th Sep 2025 (in cr.) | 31st March 2025 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) |
| Assets | 159.99 | 158.98 | 149.56 | 133.55 |
| Revenue | 60.53 | 142.16 | 138.04 | 148.82 |
| Profit After Tax | 3.16 | 7.38 | 3.10 | 1.53 |
| EBITDA | 8.67 | 17.75 | 14.18 | 9.12 |
| Net Worth | 43.08 | 33.87 | 26.38 | 23.24 |
| Reserves and Surplus | 25.93 | 31.57 | 24.08 | 20.94 |
| Total Borrowings | 58.05 | 62.44 | 73.49 | 60.75 |
Explanation
Manilam Industries Limited’s revenue increased by 2.98% from ₹138.04 crores in March 2024 to ₹142.16 crores in March 2025. Moreover, the company’s PAT increased by 138.06% from ₹3.10 crores in March 2024 to ₹7.38 crores in March 2025.
Recent Articles
Kiaasa Retail IPO Listing Preview
Mobilise App Lab IPO Listing Preview
Yaap Digital IPO GMP & Subscription Status: Day 3

