
Manilam Industries India Limited
Grey Market Premium*
UPDATED: 20-Feb-2026 19:10Upper band ₹69
* GMP indicative only. Not investment advice.
GMP sourced from IPO Premium
Subscription Status
| Category | Offered | Bids | Times (x) |
|---|---|---|---|
| QIB | 11,04,000 | - | - |
| HNI | 8,28,000 | 2,92,000 | 0.35x |
| Retail | 19,28,000 | 5,84,000 | 0.30x |
| Total | 38,60,000 | 8,76,000 | 0.23x |
Financial Performance
Figures in ₹ Crores unless specified
| Metric | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Assets | 159.99 | 158.98 | 149.56 | 133.55 |
| Total Income | 60.53 | 142.16 | 138.04 | 148.82 |
| PAT | 3.16 | 7.38 | 3.1 | 1.53 |
| EBITDA | 8.67 | 17.75 | 14.18 | 9.12 |
| Net Worth | 43.08 | 33.87 | 26.38 | 23.24 |
| Reserves | 25.93 | 31.57 | 24.08 | 20.94 |
| Total Borrowing | 58.05 | 62.44 | 73.49 | 60.75 |
Key Performance Indicators
| KPI | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| ROE (%) | 8.22 | 24.46 | 12.46 | 6.76 |
| ROCE (%) | 13.42 | 34.58 | 24.1 | 15.37 |
| EPS (₹) | 1.85 | 4.58 | 1.93 | 0.95 |
| P/E (Pre) | 16.04 | - | - | - |
| P/E (Post) | 23.85 | - | - | - |
IPO Details
Dates
IPO Open
20 Feb 2026
IPO Close
24 Feb 2026
Allotment
25 Feb 2026
Listing
27 Feb 2026
Lot Size & Investment Limits
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 4000 | 276000 |
| sHNI | 3 | 6000 | 414000 |
| bHNI | 8 | 16000 | 1104000 |
Peer Comparison
| Company | CMP (₹) | P/E Ratio | ROE (%) |
|---|---|---|---|
| Archidply Industries Ltd | 84.9 | 52.41 | -% |
| Rushil Decor Limited | 19.4 | - | -% |
About Manilam Industries India Limited
Company Information
Registered Address
46, B. B. Ganguly Street, 5th Floor, Room No-9, Kolkata, West Bengal 700012
Lead Managers
- NEXGEN Financial Solutions Private Limited
Market Maker
Nikunj Stock Brokers Limited
Company Strengths
- ✓Strong manufacturing standards
- ✓Extensive product portfolio
- ✓Established distribution network
Key Risks
- ⚠Changing design and customer preference risk
- ⚠Potential conflict of interest
- ⚠Limited control over experience centres
Objects of the Issue
Grey Market Premium*
UPDATED: 20-Feb-2026 19:10Upper band ₹69
* GMP indicative only. Not investment advice.
GMP sourced from IPO Premium
Subscription Status
| Category | Offered | Bids | Times (x) |
|---|---|---|---|
| QIB | 11,04,000 | - | - |
| HNI | 8,28,000 | 2,92,000 | 0.35x |
| Retail | 19,28,000 | 5,84,000 | 0.30x |
| Total | 38,60,000 | 8,76,000 | 0.23x |
Registrar Contact
Mas Services Limited
Disclaimer
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