Investments
Manika Plastech IPO logo

Manika Plastech IPO 2026

Listed
BSE, NSE Bookbuilding IPO
Issue Size

₹125.00 Cr

Price Band

₹40 – ₹43

Lot Size

348

shares per lot

Min Investment

₹14,964

Est. Profit / Lot

+₹348

348 shares

Listing Date

Sep 21

2026

GMP Trend

Unofficial / Indicative

Grey Market Premium is unofficial, unregulated, and does not represent a guaranteed listing price.

Latest GMP

+₹1

GMP %

+2.3%

Indicative Listing

₹44

Est. Profit/Lot

+₹348

IPO Details

Issue Information

Issue Type Bookbuilding IPO
Listing At BSE, NSE

Issue Size & Shares

Issue Size ₹125.00 Cr
Fresh Issue 21,511,627 shares
Offer for Sale 7,674,418 shares
Total Shares 29,186,045
Face Value ₹2

Price & Investment

Price Band ₹40 – ₹43
Lot Size 348 shares
Min Investment ₹14,964
Max Investment ₹194,532
Per Lot Cost ₹13,920 – ₹14,964
Promoter Holding 100.00% → 74.95%

Important Dates

Open Date Sep 11, 2026
Close Date Sep 16, 2026
Anchor Date Sep 10, 2026
Allotment Date Sep 17, 2026
Refund Date Sep 18, 2026
Demat Credit Sep 18, 2026
Listing Date Sep 21, 2026

Listing Performance

Issue Price ₹43

IPO Timeline

Anchor Investor Bidding

Sep 10, 2026 ✓ Completed

IPO Opens

Sep 11, 2026 ✓ Completed

IPO Closes

Sep 16, 2026 ✓ Completed

Basis of Allotment

Sep 17, 2026 ✓ Completed

Refund Initiation

Sep 18, 2026 ✓ Completed

Demat Credit

Sep 18, 2026 ✓ Completed

Listing on Exchange

Sep 21, 2026 ✓ Completed

Registrar & Allotment Status

Registrar details, lead managers, and allotment status.

Registrar

MUFG Intime India Pvt.Ltd.

Lead Managers

  • Pantomath Capital Advisors Pvt.Ltd.

Allotment Finalized

Check your allotment status on the platforms below.

Finalized

Sep 17, 2026

Subscription Details

Latest subscription data as of Day 4 · Sep 16, 2026.

Category Subscription
QIB 11.22x
NII / HNI 66.58x
Retail 23.98x
B-HNI 73.02x
S-HNI 50.98x
Total 20.62x

Subscription

Date QIBbNIIsNIINIIRetail Total Shares Offered Shares Bid Applications
Day 1 0.36x — — 1.30x 2.53x 1.65x — — —
Sep 16, 2026 11.22x 73.02x 50.98x 66.58x 23.98x 20.62x 29,186,045 599,360,704 619,876

Lot Size & Investment

Minimum Lot

348 shares

Minimum Investment

₹14,964

Max Investment (Retail)

₹194,532

ApplicationLotsSharesAmount
Retail (Min) 1 348 ₹14,964
Retail (Max) 13 4,524 ₹194,532
S-HNI (Min) 14 4,872 ₹209,496
S-HNI (Max) 66 22,968 ₹987,624
B-HNI (Min) 67 23,316 ₹1,002,588

Financial Highlights

Period Revenue (₹ Cr) PAT (₹ Cr) EBITDA (₹ Cr) Assets (₹ Cr) Net Worth (₹ Cr) Debt (₹ Cr)
31 mar 2026 437 22 58 324 148 0
31 mar 2025 413 19 45 321 125 0
31 mar 2024 369 12 31 253 108 0
30 jun 2026 163 13 24 317 157 0

Key Performance Indicators (31 mar 2026)

ROE

15.2%

ROCE

18.8%

ROA

6.9%

PAT Margin

5.1%

EBITDA Margin

13.3%

Debt/Equity

0.60

About Manika Plastech

Manika Plastech IPO is a book build issue of ₹125.50 crores. The issue is a combination of fresh issue of 2.15 crore shares aggregating to ₹92.50 crores and offer for sale of 76.74 lakh shares aggregating to ₹33.00 crores.

Promoters

Nikunj Mohanlal Kapadia, Munjal Nikunj Kapadia, Mihir Nikunj Kapadia, Pratik Nikunj Kapadia and Vridaa Holding Trust

Objectives of the Issue

Use of IPO proceeds as disclosed in the offer document.

  • 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

Promoter Holding

Pre-IPO Holding

100.00%

Post-IPO Holding

74.95%

Promoter dilution: 25.05%

Reservation & Allotment

Category-wise reservation of shares for this IPO.

CategoryReservation %Shares
QIB50.00%14,593,022
Anchor30.00%8,755,813
NII / HNI15.00%4,377,907
Retail35.00%10,215,116

Manika Plastech IPO FAQs

What is Manika Plastech IPO?

Manika Plastech IPO is a book build issue of ₹125.50 crores. The issue is a combination of fresh issue of 2.15 crore shares aggregating to ₹92.50 crores and offer for sale of 76.74 lakh shares aggregating to ₹33.00 crores.

What is the Manika Plastech IPO price band?

The Manika Plastech IPO price band is ₹40 – ₹43 per share.

When does Manika Plastech IPO open and close?

The Manika Plastech IPO opens on Sep 11, 2026 and closes on Sep 16, 2026.

What is the lot size and minimum investment for Manika Plastech IPO?

The Manika Plastech IPO lot size is 348 shares and the minimum investment is ₹14,964.

What is the Manika Plastech IPO subscription status?

As of Day 4, the Manika Plastech IPO is subscribed 20.62 times overall.

What is the Manika Plastech IPO GMP today?

The latest Manika Plastech IPO grey market premium (GMP) is ₹1 per share, which is unofficial and may change.

When is the Manika Plastech IPO allotment date?

The expected allotment date for Manika Plastech IPO is Sep 17, 2026.

When will Manika Plastech IPO list?

The Manika Plastech IPO is expected to list on Sep 21, 2026 on BSE, NSE.

Who is the registrar of Manika Plastech IPO?

The registrar for Manika Plastech IPO is MUFG Intime India Pvt.Ltd..

Key Dates

AnchorSep 10, 2026
OpenSep 11, 2026
CloseSep 16, 2026
AllotmentSep 17, 2026
RefundSep 18, 2026
Demat CreditSep 18, 2026
ListingSep 21, 2026

Disclaimer: All information on this page is for news, educational, and research purposes only. Grey Market Premium (GMP) is unofficial, unregulated, and indicative — it does not represent a guaranteed listing price. We do not provide investment advice. Always consult a SEBI-registered investment advisor before making investment decisions.