Manika Plastech
· Mainboard · NSE, BSE
Price Band
₹40–43
Lot Size
348 shares
Issue Size
₹125 Cr
Min. Investment
₹14,964
Grey Market Premium
Last unofficial quote before listing
Cap price plus current GMP: ₹44 — arithmetic, not a forecast
Subscription Status
Manika PlastechIPO: Overview & Key Facts
Manika Plastech IPO is a Mainboard issue that listed on NSE, BSE on 21 September 2026. The price band is ₹40–₹43 per equity share, with a market lot of 348 shares. The total issue size is ₹125 Cr. At the upper price band, the minimum application for an individual investor is 1 lot (348 shares), amounting to ₹14,964.
Manika Plastech IPO GMP & Listing
The last grey market premium (GMP) reported for Manika Plastech IPO before listing was ₹1, about 2.33% over the upper price band of ₹43, and informal quotes had eased over the sessions we recorded. The shares opened at ₹43 on listing day, level with the issue price of ₹43. GMP is an unofficial, unregulated indicator quoted by off-market dealers; it moves with supply and demand and is not a guaranteed listing price. For how often it has been right, read our research on IPO GMP accuracy.
Manika PlastechIPO Subscription Status & Demand Analysis
On the latest figures we have, Manika Plastech IPO was subscribed 29.31x overall — with QIB at 11.22x, NII at 66.5x, bNII at 74.16x, sNII at 51.18x, Retail at 23.71x, from about 4,54,627 applications. Where the individual-investor category is oversubscribed, allotment in it is decided by a computerised lottery: as many applicants as possible receive the minimum application, chosen at random.
Manika Plastech IPO Allotment & Listing
The registrar for this issue is MUFG Intime India Pvt. Ltd. (formerly Link Intime); the basis of allotment was finalised on 17 September 2026 and the shares listed on 21 September 2026. You can check your allotment status on our IPO Allotment Checker using your PAN or application number.
Listing Performance
Issue Price
₹43
Listed At
₹43
Current Price
₹46.17
Issue Objectives
- Funding the capital expenditure towards purchase of plant and machinery
- Repayment and/or pre-payment, in part or full, of certain borrowings availed by Company
- General Corporate Purposes
- Offer Expense
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 1,45,93,022 | 50% |
| − Anchor Investor | 87,55,813 | 30% |
| − QIB (Ex. Anchor) | 58,37,209 | 20% |
| NII (HNI) | 43,77,907 | 15% |
| − bNII > ₹10L | 29,18,605 | 10% |
| − sNII < ₹10L | 14,59,302 | 5% |
| Retail | 1,02,15,116 | 35% |
- QIB30.3%
- − Anchor Investor18.2%
- − QIB (Ex. Anchor)12.1%
- NII (HNI)9.1%
- − bNII > ₹10L6.1%
- − sNII < ₹10L3.0%
- Retail21.2%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 348 | ₹14,964 |
| Retail (Max) | 13 | 4524 | ₹1,94,532 |
| S-HNI (Min) | 14 | 4872 | ₹2,09,496 |
| S-HNI (Max) | 66 | 22968 | ₹9,87,624 |
| B-HNI (Min) | 67 | 23316 | ₹10,02,588 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
2.36
EPS (Post IPO)
4.49
ROE
8.34%
P/E (Pre IPO)
18.22
P/E (Post IPO)
9.58
Market Cap
₹408.50 Cr.
Contact Details
Manika Plastech Ltd. Address
- +91 22 4223 4300
- cs@manikaplastech.com
- https://www.manikaplastech.com/
Registrar Contact Details
MUFG Intime India Pvt. Ltd. (formerly Link Intime)
- +91 22 4918 6270
- ipo.helpdesk@linkintime.co.in
- https://linkintime.co.in
- C-101, 247 Park, LBS Marg, Vikhroli West, Mumbai – 400083
Frequently Asked Questions
Key Dates
- Open Date
- 11 Sept 2026
- Close Date
- 16 Sept 2026
- Basis of Allotment
- 17 Sept 2026
- Listing Date
- 21 Sept 2026
Issue Details
- Registrar
- MUFG Intime India
- Exchange
- NSE, BSE