Manika Plastech IPO
Manika Plastech opens for subscription on 11 Sept 2026 and closes on 16 Sept 2026, at a price band of ₹40 – ₹43 with a lot of 348 shares. Listing is expected on 21 Sept 2026.
Updated 22 Oct 2026
Important dates
Opens
11 Sept 2026
Closes
16 Sept 2026
Allotment
17 Sept 2026
Listing
21 Sept 2026
IPO details
| Price band | ₹40 – ₹43 |
|---|---|
| Lot size | 348 shares |
| Minimum investment | ₹14,964 |
| Issue size | ₹125.5 crore |
| Face value | ₹2 per share |
| Board | Mainboard |
| Listing at | BSE, NSE |
| Retail quota | 35% |
| EPS | ₹2.36 |
| RoNW | 15.18% |
Grey market premium (GMP)
Last reported GMP: ₹1 (2.3%), an unofficial estimated listing price near ₹44 or about ₹348 per lot.
GMP is unregulated grey market chatter, not an exchange price, and it often swings or turns out wrong on listing day. SEBI cautions investors against relying on it. Read the GMP explainer.
Subscription status
Subscribed 29.46 times overall at the last update.
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 | 0.36× | 1.26× | 2.24× | 1.49× |
| Day 2 | 0.82× | 11.3× | 12.16× | 8.74× |
| Day 3 | 11.22× | 66.58× | 23.98× | 29.46× |
How many lots can you apply for?
At the upper price band. Retail bids go up to ₹2 lakh, small NII (sHNI) above ₹2 lakh up to ₹10 lakh, and big NII (bHNI) above ₹10 lakh.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 348 | ₹14,964 |
| Retail (max) | 13 | 4,524 | ₹1,94,532 |
| sHNI (min) | 14 | 4,872 | ₹2,09,496 |
| sHNI (max) | 66 | 22,968 | ₹9,87,624 |
| bHNI (min) | 67 | 23,316 | ₹10,02,588 |
See IPO categories explained for how allotment works in each.
Company financials (₹ crore)
| Year | Revenue | Expenses | Profit after tax |
|---|---|---|---|
| FY24 | 368.76 | 352.4 | 11.53 |
| FY25 | 412.59 | 387.16 | 19.33 |
| FY26 | 437.26 | 406.83 | 22.4 |
About Manika Plastech
Since its incorporation in 1996, Manika Plastech has been involved in the manufacturing of rigid polymer packaging products. Its product range includes the manufacturing of battery casings, pails, and thin-wall containers used in packaging, industrial, and consumer applications.
Manika Plastech provides complete polymer packaging solutions, from design, development, sourcing of raw materials, manufacturing, heat sealing, labelling, and delivery. Moreover, the company operates 7 manufacturing facilities situated in Dehradun, Hosur, Panipat, Una, and Dadra, and 1 painting facility located in Hosur. As of June 2026, the company has served 168 to 242 customers across various industries such as automotive, energy storage, telecommunications, paints, lubricants, agrochemicals, construction chemicals, food, and dairy.
Objects of the issue
- Funding the capital expenditure towards purchase of plant and machinery
- Repayment and/or pre-payment, in part or full, of certain borrowings availed by our Company
- General Corporate Purposes
Allotment status and registrar
MUFG Intime India Pvt. Ltd. is the registrar. After 17 Sept 2026, check your status with your PAN or application number on the registrar's site or the BSE/NSE allotment pages.
Registrar contact: 022-49186000 · manikaplastech.ipo@in.mpms.mufg.com
Lead managers and offer documents
- Pantomath Capital Advisors Pvt. Ltd.
Manika Plastech IPO: FAQs
When does the Manika Plastech IPO open and close?
The Manika Plastech IPO opens on 11 Sept 2026 and closes on 16 Sept 2026.
What is the Manika Plastech IPO price band?
The price band is ₹40 – ₹43 per share (face value ₹2).
What is the Manika Plastech IPO lot size?
One lot is 348 shares, so the minimum investment is ₹14,964 at the upper price band.
When is the Manika Plastech IPO allotment date?
Allotment is expected on 17 Sept 2026. Check the status on the registrar's site (MUFG Intime India Pvt. Ltd.) or the BSE/NSE allotment pages using your PAN.
When will Manika Plastech shares list?
Listing is expected on 21 Sept 2026 on BSE, NSE.
What is the Manika Plastech IPO GMP today?
The grey market premium was about ₹1 (2.3%) when this page was last updated, implying an unofficial estimated listing near ₹44. GMP is unregulated and can change quickly; do not rely on it.
Details are compiled from the offer documents and exchange disclosures via IPOWatch and may change or contain errors; verify in the RHP and on BSE/NSE before applying. This page is for information only and is not a recommendation to apply. Neminath Traders is not a SEBI-registered investment adviser. Read how to apply for an IPO.