31 Mar 2023
Assets133.55
Total Income148.82
EBITDA9.12
Profit After Tax1.53
NET Worth23.24
Reserves and Surplus20.94
Total Borrowing60.75
At a glance
Updated 2026-08-24Manilam Industries is a SME IPO with an issue size of ₹39.95 crore, proposed for listing on NSE SME. The offer opens on 20th Feb 2026 and closes on 24th Feb 2026. The issue structure includes a fresh issue of ₹30.40 crore and an offer-for-sale component of ₹7.53 crore.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹39.95 Cr
Fresh issue₹30.40 Cr
Offer for sale₹7.53 Cr
Face value₹10
Price band₹65.00–₹69.00
Allotment25th Feb 2026
Listing27th Feb 2026
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper price0.00%
Est. listing₹69.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens20th Feb 2026
Closes24th Feb 2026
Allotment25th Feb 2026
Refund26th Feb 2026
Demat26th Feb 2026
Listing27th Feb 2026
Subscription demand
Full bidding ↗Total6.25×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 4000 | ₹276,000 |
Company
Incorporated2015
Use of proceeds
| Object | Amount |
|---|---|
| Capital Expenditure-Purchase of equipment/machineries | ₹1.25 Cr |
| Capital Expenditure-Purchase and installation of Solar Panel at the Manufacturing Plant | ₹2.20 Cr |
| Repayment in full or in part, of certain loans availed by the Company | ₹3.50 Cr |
| Working Capital Requirements of the Company | ₹16.65 Cr |
| Expenses for General Corporate Purposes | ₹4.82 Cr |
| Issue Expenses | ₹4.00 Cr |
| Total | ₹32.42 Cr |
Financials
Full financials ↗31 Mar 2024
Assets149.56
Total Income138.04
EBITDA14.18
Profit After Tax3.10
NET Worth26.38
Reserves and Surplus24.08
Total Borrowing73.49
31 Mar 2025
Assets158.98
Total Income142.16
EBITDA17.75
Profit After Tax7.38
NET Worth33.87
Reserves and Surplus31.57
Total Borrowing62.44
30 Sep 2025
Assets159.99
Total Income60.53
EBITDA8.67
Profit After Tax3.16
NET Worth43.08
Reserves and Surplus25.93
Total Borrowing58.05
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2025 | Sep 30, 2025 |
|---|---|---|
| ROE | 24.80% | 8.35% |
| ROCE | 36.68% | 13.50% |
| RoNW | 24.80% | 8.35% |
| PAT Margin | 5.33% | 5.33% |
| EBITDA Margin | 12.67% | 14.39% |
| Price to Book Value | 0.47 | 2.75 |
Valuation & shareholding
Pre-IPO EPS4.30
Post-IPO EPS2.89
Pre-IPO P/E16.04
Post-IPO P/E23.85
Promoter holding pre78.79%
Promoter holding post61.85%
Market cap₹150.75 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Capital Expenditure-Purchase of equipment/machineries | ₹1.25 Cr |
| Capital Expenditure-Purchase and installation of Solar Panel at the Manufacturing Plant | ₹2.20 Cr |
| Repayment in full or in part, of certain loans availed by the Company | ₹3.50 Cr |
| Working Capital Requirements of the Company | ₹16.65 Cr |
| Expenses for General Corporate Purposes | ₹4.82 Cr |
| Issue Expenses | ₹4.00 Cr |
| Total | ₹32.42 Cr |
Registrar & lead managers
Registrar
MAS Services Ltd.Lead managers
- NEXGEN Financial Solutions Pvt.Ltd.
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.