Manilam Industries India Ltd. IPO Details 2026
Manilam Industries India Ltd. IPO is a book-built public issue with a total size of ₹39.95 crore, aimed at raising capital to support the company’s growth plans and business expansion.
The IPO consists of Fresh-cum-offer for sale, offering investors an opportunity to participate in the company’s future journey through listing on the NSE SME stock exchange.
The IPO opened for subscription on Feb 20, 2026, and closed on Feb 24, 2026. The basis of allotment was finalized on Feb 25, 2026, and the equity shares were subsequently listed on NSE SME stock exchange at Feb 27, 2026.
IPO Open
Feb 20, 2026 - Feb 24, 2026Price Band
₹65.00 - ₹69.00Listing
On NSE SME at Feb 27, 2026Market Cap (Pre-IPO)
₹150.75 Cr.Manilam Industries India Ltd. IPO Details
| Face Value | ₹10.00 per share |
| Price Band | ₹65.00 - ₹69.00 |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh-cum-offer for sale |
| Issue Type | Book Building |
| Listing Exchange(s) | NSE SME |
| Total Issue Size | ₹39.95 Cr |
| Reserved for Market Maker | ₹2.01 Cr |
| Market Maker | Nikunj Stock Brokers Ltd. |
| Net Offered to Public | ₹37.94 Cr |
| Fresh Issue | ₹30.4 Cr |
| Offer For Sale | ₹7.53 Cr |
| Share Holding Pre Issue | 1,71,50,000 |
| Share Holding Post Issue | 2,18,48,000 |
| Promoter Holding Pre IPO | 78.79 |
| Promoter Holding Post IPO | 61.85 |
Manilam Industries India Ltd. IPO Time Table (Tentative)
| Opening Date | Feb 20, 2026 |
| Closing Date | Feb 24, 2026 |
| Allotment Date | Feb 25, 2026 |
| Refund Date | Feb 26, 2026 |
| Credit of Shares in Demate Account | Feb 26, 2026 |
| Listing Date | Feb 27, 2026 |
Manilam Industries India Ltd. IPO Lot Size
| Investor Type | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹2,76,000 |
| Retail (Max) | 2 | 4,000 | ₹2,76,000 |
| S-HNI (Min) | 3 | 6,000 | ₹4,14,000 |
| S-HNI (Max) | 7 | 14,000 | ₹9,66,000 |
| B-HNI (Min) | 8 | 16,000 | ₹11,04,000 |
Manilam Industries India Ltd. IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,92,000 |
| QIB Shares Offered | 27,42,000 |
| − Anchor Investor Shares Offered | 16,38,000 |
| − QIB (Ex. Anchor) Shares Offered | 11,04,000 |
| NII (HNI) Shares Offered | 8,28,000 |
| − bNII > ₹10L | 5,52,000 |
| − sNII < ₹10L | 2,76,000 |
| Retail Shares Offered | 19,28,000 |
| Total Shares Offered | 57,90,000 |
Financials (Restated Consolidated)
| Quarter | Assets | Total Income | Profit After Tax | EBITDA | NET Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|---|
| Sep 30, 2026 | 159.99 | 60.53 | 3.16 | 8.67 | 43.08 | 25.93 | 58.05 |
| Mar 31, 2025 | 158.98 | 142.16 | 7.38 | 17.75 | 33.87 | 31.57 | 62.44 |
| Mar 31, 2024 | 149.56 | 138.04 | 3.1 | 14.18 | 26.38 | 24.08 | 73.49 |
| Mar 31, 2023 | 133.55 | 148.82 | 1.53 | 9.12 | 23.24 | 20.94 | 60.75 |
Live GMP**
| GMP Date | IPO Price | GMP | Estimated Listing Price | Rating |
|---|---|---|---|---|
| Feb 23, 2026 | ₹69 | ₹0 | ₹69 (0%) | 🔥 |
Manilam Industries India Ltd. IPO Objects
| # | Issue Objects | Estimate Amount (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure - Purchase of equipment/machinery of the Company. | - |
| 2 | Capital Expenditure - Purchase and installation of Solar Panel Panels at the manufacturing plant. | - |
| 3 | Repayment in full or in part, of certain loans. | 2.2 |
| 4 | Working Capital Requirements | 3.5 |
| 5 | General Corporate Purposes | 16.65 |
Company Contact Details
- Manilam Industries India Ltd.
- 46 B. B. Ganguly Street 46 B. B. Ganguly Street
West Bengal - 700012 - 03335076903
- info@manilam.com
- Visit Website
IPO Registrar
- MAS Services Ltd.
- T - 34, 2nd Floor T - 34, 2nd Floor
New Delhi Delhi - 110020 - (011) 2610 4142
- ipo@masserv.com
- Visit Website
Lead Manager(s)
IPO FAQs
What is Manilam Industries India Ltd. IPO?
Manilam Industries India Ltd. IPO is the process through which the company is offering its equity shares to the public for the first time to raise funds and get listed on the stock exchange.
When will Manilam Industries India Ltd. IPO open for subscription?
Manilam Industries India Ltd. IPO will open for subscription on Feb 20, 2026 and will remain open for bidding during market hours.
When will Manilam Industries India Ltd. IPO close?
The IPO of Manilam Industries India Ltd. will close on Feb 24, 2026 unless extended or shortened by the company.
What is the IPO issue size of Manilam Industries India Ltd. ?
The total issue size of Manilam Industries India Ltd. IPO is ₹39.95 Cr.
What is the price band of Manilam Industries India Ltd. IPO?
The price band for Manilam Industries India Ltd. IPO has been fixed at ₹65.00 to ₹69.00 per share.
What is the lot size for Manilam Industries India Ltd. IPO?
The lot size for Manilam Industries India Ltd. IPO is 2,000 Shares shares.
Is Manilam Industries India Ltd. IPO a Fresh Issue or Offer for Sale (OFS)?
Manilam Industries India Ltd. IPO consists of Fresh-cum-offer for sale, as per details mentioned in the RHP/DRHP.
What is the face value of Manilam Industries India Ltd. shares?
The face value of each equity share of Manilam Industries India Ltd. is ₹10.00 per share.
Which stock exchange will Manilam Industries India Ltd. IPO be listed on?
The shares of Manilam Industries India Ltd. will be listed on NSE SME.
What is the listing date of Manilam Industries India Ltd. IPO?
Manilam Industries India Ltd. IPO is expected to be listed on 2026-02-27, subject to final allotment and approvals.
What is the IPO objective of Manilam Industries India Ltd. ?
The proceeds from Manilam Industries India Ltd. IPO will be used for:
- Capital Expenditure - Purchase of equipment/machinery of the Company.
- Capital Expenditure - Purchase and installation of Solar Panel Panels at the manufacturing plant.
- Repayment in full or in part, of certain loans.
- Working Capital Requirements
- General Corporate Purposes
How many shares are offered in Manilam Industries India Ltd. IPO?
A total of 2,18,48,000 equity shares are being offered under the IPO.
Is Manilam Industries India Ltd. IPO a Mainboard or SME IPO?
Manilam Industries India Ltd. IPO is a SME IPO, as per stock exchange classification.
What is the market lot for retail investors?
The market lot for retail investors in Manilam Industries India Ltd. IPO is 2 shares per application.
Can retail investors apply for Manilam Industries India Ltd. IPO?
Yes, retail investors can apply for Manilam Industries India Ltd. IPO provided they meet the minimum investment criteria.