Manilam Industries SME IPO Subscription Status
Manilam Industries SME IPO closed on 24 February 2026 with an overall subscription of 6.33x based on shares applied. QIB demand came in at 2.24x, NII at 12.84x, and retail at 5.88x.
Allotment will be finalised on 25 February 2026. The stock is scheduled to list on NSE and BSE on 27 February 2026.
Issue Price
Rs 69.00
GMP Today
-
Overall Subscription
6.33x
Issue Size
₹37.94 Cr
Allotment Date
25 Feb 2026
Listing Date
27 Feb 2026
Manilam Industries SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 69.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 7.62 Cr | Rs 17.03 Cr | 2.24x |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 17.03 Cr | - |
| NII | Rs 5.71 Cr | Rs 73.36 Cr | 12.84x |
| bNII (above Rs 10L) | Rs 3.81 Cr | Rs 55.95 Cr | 14.69x |
| Corporate | - | Rs 2.13 Cr | - |
| Individual | - | Rs 52.05 Cr | - |
| Other | - | Rs 1.77 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 1.90 Cr | Rs 17.42 Cr | 9.14x |
| Corporate | - | Rs 74.52 L | - |
| Individual | - | Rs 15.68 Cr | - |
| Other | - | Rs 99.36 L | - |
| IND | Rs 13.30 Cr | Rs 78.22 Cr | 5.88x |
| Total | Rs 26.63 Cr | Rs 168.61 Cr | 6.33x |
Manilam Industries SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 552 | 7 | 0.01x |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 7 | - |
| NII | 138 | 898 | 6.51x |
| bNII (above Rs 10L) | 92 | 478 | 5.20x |
| Corporate | - | 2 | - |
| Individual | - | 460 | - |
| Other | - | 16 | - |
| sNII (Rs 2L to Rs 10L) | 46 | 420 | 9.13x |
| Corporate | - | 18 | - |
| Individual | - | 378 | - |
| Other | - | 24 | - |
| IND | 482 | 2,834 | 5.88x |
| Total | 1,172 | 3,739 | 3.19x |
What Do These Subscription Numbers Mean?
A subscription of 6.33x by shares means the IPO received bids for 6 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 2.24x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 2.24x, it reflects serious institutional conviction.
NII at 6.51x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 5.20x and sNII at 9.13x by applications. Share subscription was 12.84x. Allotment uses application count, not share volume.
At 5.88x subscription by applications, approximately 1 in 6 retail applicants can expect an allotment (~17% per application). Retail allotment is done by lottery when oversubscribed.
Manilam Industries SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 5.88x.
- •Allotment odds: about 1 in 6 (~17% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 9.13x.
- •Allotment odds: about 1 in 9 for a minimum-lot application (~11% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
BHNI (above Rs 10 lakh)
- •Application subscription: 5.20x.
- •Allotment odds: about 1 in 5 for a minimum-lot application (~19% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 14.69x. Allotment uses application count, not share volume.
Check the Manilam Industries SME IPO Allotment Status page from 25 February 2026 for your allotment result.
Manilam Industries SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 20 Feb 2026 | 0.00x | 0.35x | 0.30x | 0.23x |
| Day 2 - 23 Feb 2026 | 0.12x | 3.37x | 2.02x | 1.77x |
| Day 3 - 24 Feb 2026 | 2.24x | 12.49x | 5.88x | 6.25x |
Manilam Industries SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 20 February 2026 |
| IPO Close Date | 24 February 2026 |
| Allotment Date | 25 February 2026 |
| Refund Initiation | 26 February 2026 |
| Share Credit to Demat | 26 February 2026 |
| Listing Date | 27 February 2026 |
| Minimum Investment | Rs 2,76,000.00 |
| Lot Size | 2000 shares |
About Manilam Industries SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Manilam Industries SME IPO GMP Today
Live GMP, listing price estimate, and listing gain
Manilam Industries SME IPO Allotment Status
Check allotment result on allotment date
Manilam Industries SME IPO Details
Financials, peers, strengths, and review
All IPO Subscription Status
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Manilam Industries SME IPO Subscription FAQs
What is Manilam Industries SME IPO subscription status today?
Manilam Industries SME IPO subscription closed on 24 February 2026 with overall subscription of 6.33x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 2.24x, NII 6.51x, IND 5.88x.
What is the overall subscription of Manilam Industries SME IPO?
Manilam Industries SME IPO is subscribed 6.33x overall by shares at close on 24 February 2026. QIB 2.24x, NII 6.51x, and IND 5.88x.
What is Manilam Industries SME IPO QIB subscription?
Manilam Industries SME IPO QIB (Qualified Institutional Buyers) subscription is 2.24x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Manilam Industries SME IPO IND subscription?
Manilam Industries SME IPO IND subscription is 5.88x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Manilam Industries SME IPO NII subscription?
Manilam Industries SME IPO NII (Non-Institutional Investors) subscription is 6.51x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Manilam Industries SME IPO for retail?
At 5.88x subscription by applications, approximately 1 in 6 retail applicants can expect an allotment (~17% per application). Allotment is done by lottery.
When is Manilam Industries SME IPO allotment date?
Manilam Industries SME IPO allotment date is 25 February 2026. Check Manilam Industries SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Manilam Industries SME IPO subscription close?
Manilam Industries SME IPO subscription closed on 24 February 2026. No new applications are accepted after the close.
What is Manilam Industries SME IPO GMP today?
GMP for Manilam Industries SME IPO is not available yet. Track Manilam Industries SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Manilam Industries SME IPO issue price and lot size?
Manilam Industries SME IPO issue price is ₹69 per share. Lot size is 2000 shares. Minimum investment is ₹2,76,000 per lot (minimum 2 lots for SME). Issue size: ₹37.94 Cr.
When is Manilam Industries SME IPO listing date?
Manilam Industries SME IPO listing date is 27 February 2026 on NSE and BSE. Allotment is on 25 February 2026.
How does subscription affect Manilam Industries SME IPO allotment?
Allotment odds in Manilam Industries SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 6.51x by applications means roughly 1 in 7 for minimum-lot bids; bNII at 5.20x (~1 in 5). At 6.33x overall, competition is moderate.
For allotment results from 25 February 2026, visit the Manilam Industries SME IPO Allotment Status page. For listing day updates on 27 February 2026, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.