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Manilam Industries IPO

Textiles / Manufacturing - Listed on 27 February 2026

-20.0% listing gain
Issue Price (Upper)
Rs 69
Listing Price
Rs 55.2
Closing Price (NSE)
Rs 52.45
Total Subscription
6.33x

Manilam Industries IPO listing summary

Manilam Industries (Textiles / Manufacturing) closed its IPO window in 2026 and listed on NSE and BSE on 27 February 2026 at an upper band issue price of Rs 69, opening at Rs 55.2 for a listing gain of -20.0% and closing day one at Rs 52.45 (-24.0% on closing basis). The IPO was subscribed 6.33x overall - QIB 2.24x, HNI/NII 12.84x, Retail 5.88x. The total issue size was Rs 39.95 Cr (Fresh Issue Rs 32.42 Cr, OFS Rs 7.53 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
-20.00%
Listing Gain (Close)
-23.99%
Day Change After Listing
-4.98%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB2.24x
HNI / NII12.84x
Retail5.88x
Overall6.33x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.22x
Day 21.84x
Day 3 (Final)6.33x

Manilam Industries IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1--
Day 2--
Day 3--
Day 4--
Day 5--

Issue & financials

Issue SizeRs 39.95 Cr
Fresh IssueRs 32.42 Cr
OFSRs 7.53 Cr
IPO PE14.87
Peer / Sector PE18.00
PE vs Sector Ratio0.83
Latest EBITDA (Cr)12.67
Debt / Equity1.84

Market context at listing

How the broader market moved around the Manilam Industries IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-0.97%
Nifty 1W Return-1.54%
Nifty 1M Return-0.65%
Nifty during IPO window-0.57%

Manilam Industries IPO - FAQs

What was the listing gain of Manilam Industries IPO?

Manilam Industries IPO listed at -20.0% versus the upper issue price of Rs 69 on 27 February 2026.

How many times was Manilam Industries IPO subscribed?

Manilam Industries IPO was subscribed 6.33x overall. QIB portion was subscribed 2.24x, HNI / NII 12.84x and Retail 5.88x.

What was the IPO GMP for Manilam Industries?

Day-by-day IPO GMP data for Manilam Industries is listed in the table above.

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