Manilam Industries IPO
Manilam Industries India IPO is a book-building IPO of ₹39.95 crores, comprising a fresh issue of 0.47 crore shares worth up to ₹32.42 crores and an offer for sale (OFS) of 0.11 crore shares worth up to ₹7.53 crores. The price band for this IPO is set at ₹65 to ₹69 per share, and the lot size for an application is 2,000. The minimum investment essential by an individual investor (retail investor) is ₹2,76,000 (4,000 shares). The IPO will open for subscription from Feb 20 to 24, 2026, on the NSE SME platform, with a tentative listing date of Feb 27, 2026.
Company Background
Manilam Industries India Ltd. was formed in 2015 and is a fast-growing manufacturer in the field of decorative laminates and plywood. The company was initially a partnership concern and has now developed into a leading B2B player in the interior infrastructure industry. The company is engaged in providing high-quality surfacing solutions for residential as well as commercial spaces through its diversified product offerings and expansion strategy to create a strong domestic presence in the competitive Indian decorative market.
