Brokers and banks usually stop taking bids earlier. Check the exact time with yours.
Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Working Capital Requirements
Funding augmented operational working capital needs.
General Corporate Purposes
General corporate operations and strategic initiatives.
Repayment of Loans
Repayment in full or part of certain borrowings availed by the company.
Solar Panel Installation
Capital expenditure for purchase and installation of solar panels at the plant.
Equipment Purchase
Capital expenditure for purchase of additional plant machinery and equipment.
(₹ in Crore)
Tap a bar to highlight a metric across periods and show its values.
Manilam Industries India Limited is an Indian manufacturing enterprise specializing in high-pressure decorative laminates and the wholesale trading of plywood products. The company operates a modern, integrated manufacturing facility situated in Bareilly, Uttar Pradesh, designed to produce a broad spectrum of decorative sheets in various textures, finishes, and thickness specifications. Established in 2015, the organization has expanded its operational presence across India through an extensive business-to-business distribution network comprising regional distributors, stockists, and retail dealers. The company caters to residential, commercial, and institutional interior design sectors, emphasizing product durability, aesthetic variety, and compliance with national industrial standards. To support continuous operational expansion and cost efficiency, Manilam Industries is executing capital expenditure plans aimed at upgrading manufacturing machinery, implementing captive solar power generation, and strengthening its working capital framework to meet growing regional demand across domestic markets.
Manilam Industries raised Rs 11.30 crore from anchor investors on February 19, 2026, allocating 16.38 lakh equity shares at Rs 69 per share to Pine Oak Global Fund and Longthrive Capital VCC.
Source: RHP • Analysis provided for informational purposes
Last Updated: 18 September 2026, 4:15 PM
Established Manufacturing Facility
The company operates a dedicated, integrated production unit in Bareilly equipped for high-pressure decorative laminate manufacturing.
Wide Distribution Network
Manilam Industries maintains an extensive B2B distribution network connecting regional stockists and retail dealers across India.
Diverse Product Portfolio
The business offers a varied selection of decorative laminates and traded plywood to cater to diverse interior design applications.
Working Capital Requirements
Operations require significant working capital to manage inventory levels and maintain dealer credit cycles.
Raw Material Price Sensitivity
Profit margins depend heavily on price fluctuations of key raw inputs including resin, kraft paper, and timber.
Single-Site Manufacturing Risk
Manufacturing activities are concentrated at its Bareilly facility, exposing operations to localized disruption risks.
Manilam Industries India Limited
MAS Services Limited
No financial information whatsoever published anywhere, within this website, should be considered as an advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this website. The information on this website is based on information available as on date coupled with market perceptions.
You agree with the terms and conditions to use this website.
Grey-market disclaimer. GMP shown here is grey-market news only. We do not trade or deal in the grey market or subject-to rates, nor do we recommend trading in the grey market.
Not investment advice. IPO Nex is an information tool, not investment advice. We do not recommend buying or selling any securities. Always do your own research before applying to any IPO.
IPO Nex does not guarantee any listing gain or return. IPO investments are subject to market risks.
All times are IST.
© 2026 IPO Nex by Niota. All rights reserved.