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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Manilam Industries India Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹69
Per ShareLot Size
2000 Shares
Minimum Investment
₹1,38,000
Issue Size
₹39.95 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.07%
QIB Quota
49.87%
NII Quota
15.06%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
78.79%
Promoter Holding (Post-Issue)
61.85%
Issue Type
Book Building - SME
ISIN
INE1ERK01013
The Company, Manilam Industries India Limited, is engaged in the manufacturing and sale of decorative laminates, with a product range that includes laminates in various thicknesses ranging from 0.7 mm to 1 mm. Its collections, including the Artistica Collection, the Vogue Collection, the Dwar Collection and the Magnificent Collection. These collections cater to both residential and commercial applications, offering a range of designs and finishes. In addition to laminates, the Company is involved in the trading of plywood, available in different grades and sizes, primarily serving industrial and commercial sectors.
The Indian wooden furniture industry is a dynamic sector blending traditional craftsmanship with modern design aesthetics. A study by the India Brand Equity Foundation (IBEF) a Trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India, highlighted that India's furniture market is expected to grow by 12.91% annually until 2028, with urban areas acting as significant growth drivers. Currently, the Indian wooden panel industry is dominated by the plywood and laminates segment.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of up to 57,90,000 equity shares of Rs. 10/- each ("equity shares") of Manilam Industries India Limited ("Manilam" or "MIIL" or the "company" or the "Issuer) for cash at a price of Rs. 69 per equity share (the "Issue Price"), aggregating to Rs. 39.95 crores ("the issue") comprising a fresh issue of up to 46,98,000 equity shares aggregating to Rs. 32.42 crores by the company ("Fresh Issue") and an offer for sale of up to 4,26,000 equity shares by Sanjay Kumar Agarwal, up to 2,22,000 equity shares by Yogesh Kumar Agarwal, up to 2,22,000 equity shares by Hitesh Kumar Agarwal and up to 2,22,000 equity shares by Rajesh Kumar Agarwal ("the selling shareholder") aggregating to Rs. 1.53 crores ("offer for sale"). Out of the issue, 2,92,000 equity shares aggregating to Rs. 2.01 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 54,98,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 69/- per equity share aggregating to Rs. 37.94 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 25.5% and 25.16 %, respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 69 per equity share of face value Rs. 10 /- each. The floor price is 6.9 times of the face value of the equity shares. Bids can be made for a minimum of 4000 equity shares and in multiples of 2000 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
The Company was originally formed and registered as a Partnership Firm under the provisions of the Partnership Act, 1932 ("Partnership Act"), in the name and style of "B P Industries" pursuant to the deed of Partnership dated May 23, 2013. Subsequently, "B P Industries" was converted from a Partnership Firm to a Private Limited Company as per relevant applicable laws, and the name of our Company was changed to "BP Industries (Plyboards) Private Limited." A Certificate of Incorporation bearing Corporate Identification Number U20296WB2015PTC208559 was issued by the Registrar of Companies, Kolkata, dated November 27, 2015. Thereafter, pursuant to a special resolution passed by the shareholders at their Annual General Meeting held on September 29, 2023, the name of the Company was changed from "BP Industries (Plyboards) Private Limited" to "Manilam Industries India Private Limited." A fresh Certificate of Incorporation was issued on November 7, 2023, by the Registrar of Companies, Central Processing Center bearing Corporate Identification Number U20296WB2015PTC208559. Further, pursuant to a special resolution passed by the shareholders at their Annual General Meeting held on September 30, 2024, the Company was converted from a Private Limited Company to a Public Limited Company. Consequently, the name of the Company was changed to "Manilam Industries India Limited," and a fresh Certificate of Incorporation consequent to the conversion was issued on December 6, 2024, by the Registrar of Companies, Central Processing Center bearing the Corporate Identification Number U20296WB2015PLC208559.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.