Manilam Industries IPO Details
| IPO Open Date | February 20, 2026 |
| IPO Close Date | February 24, 2026 |
| Face Value | ā¹10 Per Equity Share |
| IPO Price Band | ā¹65 to ā¹69 Per Share |
| Issue Size | Approx ā¹40 Crores |
| Fresh Issue | Approx ā¹32.42 Crores |
| Offer for Sale: | Approx 10,92,000 Equity Shares |
| Issue Type | Book build Issue |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Manilam Industries IPO Review & Key Points
- Review:
Manilam Industries IPO Market Lot
The Manilam Industries IPO minimum market lot is 4,000 shares with ā¹2,76,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 4,000 | ā¹2,76,000 |
| Retail Maximum | 2 | 4,000 | ā¹2,76,000 |
| S-HNI Minimum | 3 | 6,000 | ā¹4,14,000 |
| S-HNI Maximum | 7 | 14,000 | ā¹9,66,000 |
| B-HNI Minimum | 8 | 16,000 | ā¹11,04,000 |
IPO Reservation
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | 16,38,000 Shares | 28.29% |
| QIB (Ex. Anchor) | 11,04,000 Shares | 19.07% |
| NII Shares Offered | 8,28,000 Shares | 14.30% |
| Retail Shares Offered | 19,28,000 Shares | 33.30% |
Manilam Industries IPO Anchor Investors
| Anchor Bidding Date | February 19, 2026 |
| Anchor Investors List | |
| Shares Offered | 16,38,000 Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | March, 2026 |
| lock-in period end date 50% shares (90 Days) | May, 2026 |
Manilam Industries IPO Dates
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 Open Date: | February 20, 2026 |
| IPO Close Date: | February 24, 2026 |
| Basis of Allotment: | February 25, 2026 |
| Refunds: | February 26, 2026 |
| Credit to Demat Account: | February 26, 2026 |
| IPO Listing Date: | February 27, 2026 |
| IPO Bidding Cut-off Time: | February 24, 2026 – 5 PM |
Promoters and 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.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,71,50,000 | 78.79% |
| Promoter Holding Post Issue | 2,18,48,000 | 61.85% |
Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
| A. Capital Expenditure – Purchase of equipment/machinery of the Company. B. Capital Expenditure – Purchase and installation of Solar Panel Panels at the manufacturing plant. | ā¹1.25 |
| Repayment in full or in part, of certain loans availed by the Company | ā¹2.20 |
| Working Capital Requirements of the Company | ā¹3.50 |
| General Corporate Purpose | ā¹16.65 |
About Manilam Industries IPO
To be updated soon
Manilam Industries IPO Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ā¹148.82 | ā¹146.64 | ā¹1.53 | ā¹133.55 |
| 2024 | ā¹138.04 | ā¹133.61 | ā¹3.10 | ā¹149.56 |
| 2025 | ā¹142.16 | ā¹131.71 | ā¹7.38 | ā¹158.98 |
| Sep 2025 | ā¹60.53 | ā¹56.13 | ā¹3.16 | ā¹159.99 |
Manilam Industries IPO Valuation – FY2025
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.
| KPI | Values |
| ROE: | 24.46% |
| ROCE: | 34.58% |
| EBITDA Margin: | 12.59% |
| PAT Margin: | 5.27% |
| Debt to equity ratio: | 1.84 |
| Earning Per Share (EPS): | ā¹4.64 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 24.80% |
| Net Asset Value (NAV): | ā¹147.27 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Archidply Industries Ltd | 1.62 | 52.41 | 3.05% | 52.71 | – Cr. |
| Rushil Decor Limited | (0.31) | Nil | (1.40%) | 53.72 | – Cr. |
IPO Lead Managers aka Merchant Bankers
- NEXGEN Financial Solutions Pvt. Ltd.
Company Address
Manilam Industries India Ltd.
46
B. B. Ganguly Street
5th Floor, Room No. 9
Kolkata, West Bengal, 700012
Phone: 03335076903
Email: [email protected]
Website: https://www.manilam.com/
IPO Registrar
MAS Services Ltd.
Phone: (011) 2610 4142
Email: [email protected]
Website: https://www.masserv.com/opt.asp
Manilam Industries IPO FAQs
What is Manilam Industries IPO?
Manilam Industries IPO is SME IPO. The company is going to raise ā¹40 Crores via IPO. The issue is priced at ā¹65 to ā¹69 per equity share. The IPO is to be listed on NSE.
When Manilam Industries IPO will open for subscription?
The IPO is to open on February 20, 2026 for QIB, NII, and Retail Investors. The IPO will close on February 24, 2026.
What is Manilam Industries IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Manilam Industries IPO?
You can apply for Manilam Industries IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is Manilam Industries IPO Issue Size?
Manilam Industries IPO issue size is ā¹40 crores.
What is Manilam Industries IPO Price Band?
Manilam Industries IPO Price Band is ā¹65 to ā¹69.
What is Manilam Industries IPO Lot Size?
The minimum bid is 4,000 Shares with ā¹2,76,000 amount.
What is the Manilam Industries IPO Allotment Date?
Manilam Industries IPO allotment date is February 25, 2026.
What is the Manilam Industries IPO Listing Date?
Manilam Industries IPO listing date is February 27, 2026. The IPO is to list on NSE.
Note: The Manilam Industries IPO price band and date are officially announced. The (Manilam Industries IPO grey market premium) will be added to the IPO GMP page as it will start).
