Founded in 2015, Manilam Industries is a prominent player in the decorative laminates and plywood industry. With a manufacturing facility in Bareilly (20,650 sqm), the company produces several curated collections like Artistica, Vogue, and Dwar.
| Event | Date |
|---|---|
| IPO Opens | Friday, Feb 20, 2026 |
| IPO Closes | Tuesday, Feb 24, 2026 |
| Basis of Allotment | Wednesday, Feb 25, 2026 |
| Refund / Share Credit | Thursday, Feb 26, 2026 |
| Tentative Listing Date | Friday, Feb 27, 2026 |
| Application Type | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Minimum) | 2 Lots | 4,000 | ₹2,76,000 |
| Retail (Maximum) | 2 Lots | 4,000 | ₹2,76,000 |
| Small HNI (Min) | 3 Lots | 6,000 | ₹4,14,000 |
| Small HNI (Max) | 7 Lots | 14,000 | ₹9,66,000 |
| Big HNI (Min) | 8 Lots | 16,000 | ₹11,04,000 |
| Period Ended | Revenue | PAT (Profit) | EBITDA | Net Worth | Borrowing |
|---|---|---|---|---|---|
| 30-Sep-2025 | 60.53 | 3.16 | 8.67 | 43.08 | 58.05 |
| 31-Mar-2025 | 142.16 | 7.38 | 17.75 | 33.87 | 62.44 |
| 31-Mar-2024 | 138.04 | 3.10 | 14.18 | 26.38 | 73.49 |
| 31-Mar-2023 | 148.82 | 1.53 | 9.12 | 23.24 | 60.75 |
Key Performance Indicators
ROE: 24.80% (FY25)
ROCE: 36.68% (FY25)
PAT Margin: 5.33%
P/E Ratio (Post): 23.85x
Market Cap: ₹150.75 Cr
Issue Structure
Total Issue: 57.90 Lakh Shares
Fresh Issue: ₹32.42 Cr
Offer for Sale: ₹7.53 Cr
Promoter Holding (Post): 61.85%
Market Maker: Nikunj Stock Brokers
Founded in 2015, Manilam Industries is a prominent player in the decorative laminates and plywood industry. With a manufacturing facility in Bareilly (20,650 sqm), the company produces several curated collections like Artistica, Vogue, and Dwar.
The company operates a B2B model, supplying to a wide network of distributors. They have also established Experience Centres in Bangalore, Delhi, and Chennai to provide design guidance and direct customer interaction.
- Expansion: Purchase of new equipment and machinery.
- Green Initiative: Installation of Solar Panels at the Bareilly plant.
- Debt Management: Repayment of existing loans.
- Growth: Meeting incremental working capital requirements.
Website: manilam.com