Manilam Industries India Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,742,000 (47%) | — | ₹1,892 Cr |
| NII (HNI) | — | 828,000 (14%) | — | ₹571 Cr |
| Retail | — | 1,928,000 (33%) | — | ₹1,330 Cr |
| Market Maker | — | 292,000 (5%) | — | ₹20 Cr |
| Σ Total | — | 5,790,000 (100%) | — | ₹39,951 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹138,000 |
| Retail (Max) | 13 | 26,000 | ₹1,794,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,932,000 |
| B-HNI (Min) | 67 | 134,000 | ₹9,246,000 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 61 | 142 | 138 |
| EBITDA | 9 | 18 | 14 |
| Profit After Tax | 3 | 7 | 3 |
| Net Worth | 43 | 34 | 26 |
| Total Assets | 160 | 159 | 150 |
| Reserves & Surplus | 26 | 32 | 24 |
| Total Borrowing | 58 | 62 | 73 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- A. Capital Expenditure - Purchase of equipment/machinery of the Company. B. Capital Expenditure - Purchase and installation of Solar Panel Panels at the manufacturing plant. – 1.25
- Repayment in full or in part, of certain loans availed by the Company – 2.20
- Working Capital Requirements of the Company – 3.50
- General Corporate Purposes – 16.65
Company Overview
Incorporated in 2015, Manilam Industries India Limited is engaged in the manufacturing and sale of Decorative Laminates and Plywood.
The company has developed and launched several laminate collections, including the Artistica Collection, the Vogue Collection, the Dwar Collection, and the Magnificent Collection. In response to market demand and distributor feedback, additional collections such as Chromatic Tales, Flute, ECP, Wood & Veneer, and Wall Cladding have also been introduced. These collections cater to both residential and commercial applications, providing a wide range of designs and finishes.
In addition to laminates, the company is involved in the trading of plywood in different grades and sizes, primarily serving industrial and commercial sectors.
The company’s manufacturing plant is located at Village Manda, Bhojipura Nainital Road, Bareilly, Uttar Pradesh, covering an area of 20,650 square meters. It operates on a business-to-business (B2B) model, with distributors—both large and small—placing orders directly with the manufacturing plant.
To enhance customer engagement, Manilam Industries India Limited has established Experience Centres in major cities including Bangalore, Delhi, and Chennai. In Bangalore and Chennai, the company follows an integrated setup combining Service Depots with Experience Centres, offering display, stock, dispatch, and customer interaction from a single location. This setup enables customers to view products, receive expert guidance on colour and design combinations, and fulfil orders efficiently.
As of the date of the Draft Red Herring Prospectus, the company employed a total of 149 individuals, including workers on third-party contracts.