Manilam Industries IPO Listing Update: Performance and Timeline Details

Manilam Industries IPO made its stock market debut following its subscription phase that concluded earlier in February 2026. The issue was priced in the band of ₹65 to ₹69 per share and successfully attracted strong interest across investor categories before listing on the NSE SME on 27 February 2026. On the final day of subscription, the IPO was subscribed 6.25 times, driven by robust bids from retail, institutional and high‑net‑worth segments. Overall, non‑institutional investors showed the highest demand during the offer period.

Manilam Industries share price made a weak debut on NSE SME today. Manilam Industries share price today opened at ₹55.20, which is 20% lower than the issue price of ₹69.

Image Reference : https://www.nseindia.com/

Manilam Industries IPO Listing Gains

The subscription figures highlighted solid appetite from market participants. Retail investors subscribed above 5.88 times, non‑institutional bids exceeded 12.49 times, and Qualified Institutional Buyers (QIBs) recorded 2.24 times subscription on the last day of bidding.

Key Issue Timeline

• IPO Open Date: 20 February 2026
• IPO Close Date: 24 February 2026
• Basis of Allotment: 25 February 2026
• Refunds: 26 February 2026
• Credit to Demat Account: 26 February 2026
• IPO Listing Date: 27 February 2026

Manilam Industries India operates in the decorative laminates and plywood manufacturing sector, supplying products to commercial and industrial markets through a B2B model. The company’s strong subscription performance reflects investor interest ahead of its market listing.