
Materials & Consumer Goods · NSE
Established in 2015, Manilam Industries India Limited is engaged in manufacturing decorative laminates and trading plywood products, catering mainly to industrial and commercial customers through a B2B model where distributors place orders directly with the factory. The company offers a wide range of laminate collections including Artistica, Vogue, Dwar, Magnificent, Chromatic Tales, Flute, ECP, Wood & Veneer, and Wall Cladding, designed for residential and commercial spaces with diverse designs, textures, and finishes. Its manufacturing facility is located at Village Manda, Bhojipura Nainital Road, Bareilly, Uttar Pradesh, spread across around 20,650 square meters. To enhance customer engagement and market presence, the company has established Experience Centres in Bangalore, Delhi, and Chennai, with the Bangalore and Chennai locations also operating as service depots that combine product display, inventory storage, dispatch, and customer support, allowing customers to explore products, receive design assistance, and place orders efficiently.
Price Band
₹65 – ₹69
Issue Size
₹579.00 L Cr
Lot Size
2000 shares
GMP
Est. Listing
₹69
at current GMP
Subscribed
6.33x
overall
Open
20 Feb 2026
Close
24 Feb 2026
Allotment
25 Feb 2026
Refund
26 Feb 2026
Demat Credit
27 Feb 2026
Listing
27 Feb 2026
Overall Subscription
6.33x
Total Demand
QIB Multiplier
2.24x
Institutions & Funds
NII / HNI
12.84x
High Net-Worth
Retail (RII)
5.88x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,104,000 | 2,468,000 | 2.24x |
| NIB | 828,000 | 10,632,000 | 12.84x |
| HNIs(10L +) | 552,000 | 8,108,000 | 14.69x |
| HNIs (2-10L) | 276,000 | 2,524,000 | 9.14x |
| RETAIL | 1,928,000 | 11,336,000 | 5.88x |
| Total | 4,688,000 | 35,068,000 | 6.33x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 7 | 0.00x |
| NIB | — | 898 | 0.00x |
| RETAIL | 482 | 2,834 | 5.88x |
| HNIs(10L +) | 92 | 478 | 5.20x |
| HNIs (2-10L) | 46 | 420 | 9.13x |
| Total Applications | 620 | 4,637 | 7.48x |
Manilam Industries India Limited is bringing an initial public offering (IPO) in the Materials & Consumer Goods sector with an aggregate issue size of ₹57,90,000 Crores. The shares are offered at a price band of ₹65 to ₹69 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,38,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Mas Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-02-27, while un-allotted funds or UPI block mandates will be released on 2026-02-26.
The Manilam Industries India Limited IPO aggregate issue size is ₹57,90,000 Crores with an equity price band set at ₹65 to ₹69 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,38,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Mas Services Limited) and the BSE status verification website on or around 2026-02-25.