Manilam Industries India Ltd IPO

About Manilam Industries India Ltd

The Company was originally formed and registered as a Partnership Firm under the provisions of the Partnership Act, 1932 (Partnership Act), in the name and style of B P Industries pursuant to the deed of Partnership dated May 23, 2013. Subsequently, B P Industries was converted from a Partnership Firm to a Private Limited Company as per relevant applicable laws, and the name of our Company was changed to BP Industries (Plyboards) Private Limited. A Certificate of Incorporation bearing Corporate Identification Number U20296WB2015PTC208559 was issued by the Registrar of Companies, Kolkata, dated November 27, 2015. Thereafter, pursuant to a special resolution passed by the shareholders at their Annual General Meeting held on September 29, 2023, the name of the Company was changed from BP Industries (Plyboards) Private Limited to Manilam Industries India Private Limited. A fresh Certificate of Incorporation was issued on November 7, 2023, by the Registrar of Companies, Central Processing Center bearing Corporate Identification Number U20296WB2015PTC208559. Further, pursuant to a special resolution passed by the shareholders at their Annual General Meeting held on September 30, 2024, the Company was converted from a Private Limited Company to a Public Limited Company. Consequently, the name of the Company was changed to Manilam Industries India Limited, and a fresh Certificate of Incorporation consequent to the conversion was issued on December 6, 2024, by the Registrar of Companies, Central Processing Center bearing the Corporate Identification Number U20296WB2015PLC208559.

The Indian wooden furniture industry is a dynamic sector blending traditional craftsmanship with modern design aesthetics. A study by the India Brand Equity Foundation (IBEF) a Trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India, highlighted that India's furniture market is expected to grow by 12.91% annually until 2028, with urban areas acting as significant growth drivers. Currently, the Indian wooden panel industry is dominated by the plywood and laminates segment.

The Company, Manilam Industries India Limited, is engaged in the manufacturing and sale of decorative laminates, with a product range that includes laminates in various thicknesses ranging from 0.7 mm to 1 mm. Its collections, including the Artistica Collection, the Vogue Collection, the Dwar Collection and the Magnificent Collection. These collections cater to both residential and commercial applications, offering a range of designs and finishes. In addition to laminates, the Company is involved in the trading of plywood, available in different grades and sizes, primarily serving industrial and commercial sectors.

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