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Manilam Industries IPO Subscription Status

The Manilam Industries IPO has been subscribed 6.33x times overall. Retail investors have shown interest with bids for 5.88x the shares available. The Non-Institutional Investor (NII) category has been subscribed 12.84x. Qualified Institutional Buyers (QIBs) have subscribed 2.24x. Data last updated on 08 May, 05:40 PM.

The IPO subscription period has ended. The issue opened on 20 Feb, 2026 and closes on 24 Feb, 2026. The shares are expected to list on stock exchanges on 27 Feb, 2026.

Total Subscription
6.33 x
QIB 2.24x
NII 12.84x
Retail 5.88x

Live Bidding

Category Bid Details TIMES
Anchor Investors
16,38,000
of 16,38,000
1.00x
QIB
24,68,000
of 11,04,000
2.24x
NII
1,06,32,000
of 8,28,000
12.84x
Retail
1,13,36,000
of 19,28,000
5.88x
TOTAL
2,44,36,000
-
6.33x

Last Updated: 08 May 2026, 05:40 PM

Subscription Insights

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 17% for a single lot.

Day-wise Subscription History

Subscription trends over the last 3 days

Date Total
24 Feb 2026 DAY 3
6.33x
QIB 2.24x
NII 12.84x
Retail 5.88x
23 Feb 2026 DAY 2
1.77x
QIB 0.12x
NII 3.72x
Retail 2.02x
20 Feb 2026 DAY 1
0.22x
QIB -x
NII 0.35x
Retail 0.29x
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Manilam Industries IPO Allotment Probability

Retail
1 in 6
Lottery — ~17% chance per application
NII / HNI
12.84x
Proportionate allotment applies
QIB
2.24x
Moderate institutional demand

Allotment probability is calculated based on current subscription multiples. Retail allotment is by lottery when oversubscribed; NII allotment is proportionate. Final numbers may change until subscription closes. This is not investment advice.

What Does This Subscription Data Mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.

Frequently Asked Questions

What is the current subscription status of Manilam Industries IPO?

As of IPO close date (24 Feb, 2026), the Manilam Industries IPO is subscribed 6.33x times. Retail category is 5.88x, and NII is 12.84x subscribed.

When is the allotment date for Manilam Industries IPO?

The allotment for Manilam Industries IPO is expected to be finalized on 25 February, 2026.

When will Manilam Industries IPO list on the stock market?

Manilam Industries is scheduled to list on BSE and NSE on 27 February, 2026.

What are the chances of getting allotment in Manilam Industries IPO?

The retail category is oversubscribed at 5.88x, meaning allotment is by lottery. Statistically, approximately 1 in 6 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 2.24x mean for Manilam Industries IPO?

Moderate — QIBs have subscribed 2.24x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check Manilam Industries IPO allotment status?

After the allotment date (25 Feb, 2026), you can check your Manilam Industries IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

Explore Manilam Industries IPO Further

Track every stage of this IPO from subscription to listing:

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