Comparison between Manilam Industries IPO and Phychem Technologies IPO.
Manilam Industries IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Phychem Technologies IPO is a SME Bookbuilding proposed to list at BSE SME.
| Manilam Industries IPO | Phychem Technologies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | NEXGEN Financial Solutions Pvt. Ltd. | Hem Securities Ltd. |
| Registrar | MAS Services Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Manilam Industries IPO is up to ₹37.94 Cr whereas the issue size of the Phychem Technologies IPO is up to ₹0.00 Cr. The final issue price of Manilam Industries IPO is ₹69.00 per share and of Phychem Technologies IPO is .
| Manilam Industries IPO | Phychem Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹65.00 per share | |
| Issue Price (Upper) | ₹69.00 per share | |
| Issue Price (Final) | ₹69.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | |
| Fresh Issue Size | 44,06,000 shares | 27,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹30.40 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 10,92,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹7.53 Cr | up to ₹0.00 Cr |
| Issue Size Total | 54,98,000 shares | 27,00,000 shares |
| Issue Size Total (Amount) | up to ₹37.94 Cr | up to ₹0.00 Cr |
Manilam Industries IPO opens on Feb 20, 2026, while Phychem Technologies IPO opens on . The closing date of Manilam Industries IPO and Phychem Technologies IPO is Feb 24, 2026, and , respectively.
| Manilam Industries IPO | Phychem Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Feb 19, 2026 | |
| Issue Open | Feb 20, 2026 | |
| Issue Close | Feb 24, 2026 | |
| Basis Of Allotment (Tentative) | Feb 25, 2026 | |
| Initiation of Refunds (Tentative) | Feb 26, 2026 | |
| Credit of Share (Tentative) | Feb 26, 2026 | |
| Listing date (Tentative) | Feb 27, 2026 | |
| Anchor Lockin End date 1 | Mar 27, 2026 | |
| Anchor Lockin End date 2 | May 26, 2026 |
Manilam Industries IPO P/E ratio is 16.04, as compared to Phychem Technologies IPO P/E ratio of .
| Manilam Industries IPO | Phychem Technologies IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)Phychem Technologies Ltd.'s revenue increased by 7% and profit after tax (PAT) rose by 68% between the financial year ending with March 31, 2025 and March 31, 2024.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 78.79 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 61.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹150.75 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 24.80 | 34.33 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 36.68 | 31.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 24.80 | 29.30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Manilam Industries IPO Retail Individual Investors (RII) are offered 19,28,000 shares while in Phychem Technologies IPO retail investors are offered 19,28,000 shares. Qualified Institutional Buyers (QIB) are offered 11,04,000 shares in Manilam Industries IPO and 0 shares in Phychem Technologies IPO.
| Manilam Industries IPO | Phychem Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 16,38,000 shares | 0 shares |
| Market Maker Reservation | 2,92,000 shares | 0 shares |
| QIB | 11,04,000 shares | 0 shares |
| NII | 8,28,000 shares | 0 shares |
| RII | 19,28,000 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 54,98,000 shares | 0 shares |
Manilam Industries IPO subscribed 6.25x in total, whereas Phychem Technologies IPO subscribed .
| Manilam Industries IPO | Phychem Technologies IPO | |
|---|---|---|
| QIB (times) | 2.24x | |
| NII (times) | 12.49x | |
| Big NII (times) | 14.16x | |
| Small NII (times) | 9.14x | |
| RII (times) | 5.88x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 6.25x |
