Manilam Industries India IPO
The Manilam Industries India IPO was a ₹39.95 crore SME issue (fresh issue and offer for sale), open for bidding from 20 Feb to 24 February 2026 at a price band of ₹65 to ₹69. The final issue price was ₹69. Investors bid for 2,44,36,000 shares through 3,739 applications. Shares listed on NSE SME on 27 February 2026 at ₹55.20, 20.0% below the issue price, and closed the first day at ₹52.45.
- Listing gain at open
- −20.0%₹55.20 vs ₹69
- Issue price
- ₹69Band ₹65 to ₹69
- Lot size
- 2,000 sharesMinimum ₹2,76,000
- Issue size
- ₹39.95 crore
- Subscribed
- Not available
- Listed
- 27 Feb 2026NSE SME
Price and lots
Manilam Industries India IPO details
NSE issue details| Bidding dates | 20 Feb 2026 to 24 Feb 2026 |
| Listing date | 27 February 2026 |
| Price band | ₹65 to ₹69 |
| Final issue price | ₹69 |
| Face value | ₹10 per share |
| Lot size | 2,000 shares, minimum 2 lots for individuals |
| Minimum investment | ₹2,76,000 (4,000 shares, our calculation) |
| Issue size | ₹39.95 crore (our calculation from the NSE issue details) |
| Type of issue | 100 % Book Building, Fresh issue and offer for sale |
| Listed on | NSE SME |
| NSE symbol | MANILAM |
| ISIN | INE1ERK01013 |
| Lead managers | NEXGEN Financial Solutions Private Limited |
| Registrar | Mas Services Limited |
Subscription and listing
Manilam Industries India IPO subscription and listing
NSE and BSEFinal subscription
NSE issue details| Category | Shares bid | Applications |
|---|---|---|
| QIBs | 24,68,000 | 7 |
| Non-institutional | 1,06,32,000 | 898 |
| Individual investors | 1,13,36,000 | 2,834 |
| Total | 2,44,36,000 | 3,739 |
For this SME issue NSE publishes shares bid and applications by category, not times subscribed.
Listing day
Our calculation: gains vs issue price| NSE | |
|---|---|
| Open | ₹55.20 |
| High | ₹55.20 |
| Low | ₹52.45 |
| Close | ₹52.45 |
| Gain at open | −20.0% |
| Gain at close | −24.0% |
| Shares traded | 9,34,000 |
Latest: closed at ₹31.50 on NSE on 6 November 2026, −54.3% vs the issue price (our calculation). Past returns say nothing about future returns.
How it compares
How the Manilam Industries India IPO compares
Our calculation: 2026 SME IPOs on IPO24by7Among 78 SME IPOs of 2026 on our tracker, its listing loss of 20.0% at open ranks 68th of 75. By issue size it ranks 49th. The median listing-day gain at open for SME IPOs this year is +1.0%. See all 2026 IPOs with listing gains or the IPO calendar for February 2026.
Other SME IPOs listed in February 2026
| IPO | Listed | Issue price | Subscribed | Gain at open |
|---|---|---|---|---|
| Marushika Technology | 19 Feb 2026 | ₹117 | - | +2.6% |
| Biopol Chemicals | 13 Feb 2026 | ₹108 | - | +2.8% |
| Brandman Retail | 11 Feb 2026 | ₹176 | - | +4.0% |
| Grover Jewells | 11 Feb 2026 | ₹88 | - | +9.1% |
| C K K Retail Mart | 6 Feb 2026 | ₹163 | - | 0.0% |
Allotment
Manilam Industries India IPO allotment status
- Open the registrar's pageMas Services Limited is the registrar. See registrar links.
- Select Manilam Industries India LimitedOlder issues may move to an archive list on the registrar's site.
- Enter your PAN, application number or DP IDUse the details you applied with.
- Or check your demat accountAllotted shares were credited before the listing day.
Documents
Questions
Manilam Industries India IPO FAQs
What was the Manilam Industries India IPO price band?
The price band was ₹65 to ₹69 per share and the final issue price was ₹69. The face value is ₹10 per share.
What was the Manilam Industries India IPO lot size?
One lot was 2,000 shares. Individual investors had to apply for at least 2 lots, so the minimum was ₹2,76,000.
What was the Manilam Industries India IPO listing price?
It opened at ₹55.20 on NSE SME on 27 February 2026, a loss of 20.0% over the issue price of ₹69 (our calculation). It closed the day at ₹52.45.
How do I check Manilam Industries India IPO allotment status?
Mas Services Limited is the registrar. Select Manilam Industries India Limited on its allotment page and enter your PAN, application number or DP ID. You can also check on the NSE or BSE application status page.
Was the Manilam Industries India IPO a fresh issue or an offer for sale?
Fresh issue and offer for sale, as stated in the NSE issue details.
Who were the lead managers of the Manilam Industries India IPO?
NEXGEN Financial Solutions Private Limited.
Sources: NSE public issue information and IPO detail pages; NSE and BSE end-of-day bhavcopy files. Gains, issue size and minimum investment are our calculations. This page is information only, not a recommendation.