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Manilam Industries India

Manilam Industries India

Open Date

20 Feb 2026

Close Date

24 Feb 2026

listed

Min Investment

₹276000

Lot Size

4000 Shares

Issue Size

₹39.95 Cr

Price Range

₹65 - ₹69

Listing Date

Feb 27, 2026

IPO Doc

RHP PDF

About Manilam Industries India

Manilam Industries India Limited is a company incorporated in 2015, and it is involved in the manufacturing and subsequent sale of Decorative Laminates and Plywood. The company has developed and marketed various laminate ranges, such as the Artistica Collection, the Vogue Collection, the Dwar Collection, and the Magnificent Collection. However, due to market demand and feedback from distributors, other ranges such as Chromatic Tales, Flute, ECP, Wood & Veneer, and Wall Cladding have also been introduced. Apart from laminates, the company is also involved in the trading of plywood of various grades and sizes, mainly targeting the industrial and commercial markets. The company’s manufacturing facility is situated at Village Manda, Bhojipura Nainital Road, Bareilly, Uttar Pradesh, and it occupies a land area of 20,650 square meters. The company operates on a business-to-business (B2B) platform, where orders are placed by large and small distributors directly at the company’s manufacturing facility. To increase customer engagement, Manilam Industries India Limited has developed Experience Centres in key cities such as Bangalore, Delhi, and Chennai. In Bangalore and Chennai, the company operates an integrated model consisting of Service Depots and Experience Centres, providing display, stock, dispatch, and customer engagement services from a single location. This model allows customers to display products, get expert advice on color and design combinations, and process orders efficiently. As of February 10, 2026, the company had a total of 152 employees, including third-party contract employees.

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Manilam Industries India IPO - Issue Objectives

₹3.45 crore will be invested in new machinery, equipment, and solar panels for the plant. The company will utilise ₹3.50 crore for repayment of certain outstanding loans The company will utilise ₹16.65 crore for funding working capital requirement of the business Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Capital Expenditures

10.7%

Repayment of loans

10.9%

Working capital

52.03%

General corporate purposes

26.2%

1

Capital Expenditures

₹3.45 crore will be invested in new machinery, equipment, and solar panels for the plant.

10.70%
2

Repayment of loans

The company will utilise ₹3.50 crore for repayment of certain outstanding loans

10.90%
3

Working capital

The company will utilise ₹16.65 crore for funding working capital requirement of the business

52.03%
4

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

26.20%

IPO Subscription Status

Retails
5.85x
QIB
2.24x
NII
12.84x

Financials of Manilam Industries India

In Cr.

Revenue: ₹60.53

EBITDA: ₹8.67

Profit: ₹3.16

Total Income
EBITDA
Total Profit
Negative Value
Key Performance Indicator30-Sep-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue60.53142.16138.04148.82
EBITDA8.6717.7514.189.12
Expenses
Profit After Tax3.167.383.101.53
Assets159.99158.98149.56133.55
Net Worth43.0833.8726.3823.24
Reserves25.9331.5724.0820.94
Borrowing58.0562.4473.4960.75

Manilam Industries India - Promoter(s)

Manilam Retail India Private Limited

Mr. Umesh Kumar Nemani

Mr. Manoj Kumar Agrawal

Mr. Aman Kumar Nemani

Pre Issue Share Holding

78.79%

Post Issue Share Holding

61.85%

Contact Details

Manilam Industries India

46, B. B. Ganguly Street 5th Floor, Room No-9 Kolkata, West Bengal, 700012

Registrar Contact Details

Manilam Industries India IPO - FAQs

Manilam Industries India IPO is a SME IPO. The issue is priced at ₹65 to ₹69 per share. The minimum order quantity is 4000 Shares. The IPO opens on 20 Feb, and closes on 24 Feb. MAS Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on SME.

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