Manika Plastech opened for subscription on 11 Sept and closes on 16 Sept 2026. GMP is ₹13 (about 30.2% over the cap price).
Manika Plastech IPO Subscription Status
| Category | Subscribed (times) | Bids received |
|---|---|---|
| QIB | 0.8x | ₹48.01 cr |
| NII (HNI) | 10.69x | ₹494.02 cr |
| Retail | 11.45x | ₹1234.03 cr |
| Total | 8.3x | ₹1776.06 cr |
Updated through the bidding window; final numbers settle after the issue closes.
Manika Plastech IPO Day-wise GMP
Latest grey market premium: ₹3 (about 7.0% over the cap price).
| Date | GMP | Est. gain |
|---|---|---|
| 9 September | ₹17 | 39.53% |
| 8 September | ₹20 | 46.51% |
GMP is unofficial and changes through the day; it is not endorsed by SEBI or the exchanges and should not be the only basis for a decision.
Should You Apply to Manika Plastech IPO?
As things stand, the grey market premium points to a listing near ₹56 (about 30.2%). In the company's favour: Long-standing relationships with key clients across diversified industries. The main risk to weigh: High dependency on the top five customers for the majority of operating revenue. Judge the price against the company's earnings and your holding period, not the GMP alone.
How to Apply for Manika Plastech IPO
- Log in to your broker's IPO section and select Manika Plastech.
- Bid at the cut-off price for the best chance of allotment (retail).
- Enter the number of lots (minimum 348 shares) and submit your UPI ID.
- Approve the mandate request in your UPI app before the cut-off time to block the funds.
Quick facts: Price band ₹40 – ₹43 · Lot 348 shares (~₹14,964) · Bidding 11 Sept – 16 Sept · Listing 21 Sept on BSE, NSE · Registrar MUFG Intime India Pvt. Ltd.
More on Manika Plastech IPO
- Manika Plastech IPO — live GMP, subscription & allotment status
- Manika Plastech IPO listing gain calculator
- All Mainboard IPOs
- Full IPO list with GMP
This article is for information only and is not investment advice. Read the RHP and consider your own risk profile before investing.
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