Manika Plastech IPO Subscription Status
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Manika Plastech IPO Details
Market capitalisation is the post-issue share count in the offer document’s capital structure (11,65,11,627 shares) multiplied by the upper end of the price band, ₹43. It is arithmetic on those two filed figures, not a valuation.
Manika Plastech IPO Objects of the Offer what the fresh issue funds
| Object of the offer | ₹ crore |
|---|---|
| Funding the capital expenditure towards purchase of plant and machinery | ₹54.93 |
| Repayment and/or pre-payment, in part or full, of certain borrowings | ₹15 |
| General corporate purposes | — |
As stated in the “Objects of the Offer” section of the offer document. Proceeds of the offer for sale go to the selling shareholders, not to the company.
Manika Plastech Financials ₹ in crore
Detailed financials for this issue aren’t available yet.
Manika Plastech IPO Valuation and Listed Peers as stated in the offer document
| Company | P/E | EPS | RoNW | NAV / share |
|---|---|---|---|---|
| Manika Plastech this issue, at ₹43 | — | ₹2.36 | 15.18% | ₹15.54 |
| Hitech Corporation Limited | 37.85× | ₹8.84 | 5.34% | ₹165.72 |
| Mold-Tek Packaging Limited | 32.34× | ₹21.93 | 10.56% | ₹207.64 |
| Shaily Engineering Plastics Limited | 88.85× | ₹36.97 | 23.71% | ₹155.95 |
The issue’s own figures are copied from the “Basis for the Offer Price” section of its offer document at the upper end of the price band, and the peers are the listed companies Manika Plastech names in that same section as its comparison set. Peer figures are for the periods the document states, so they are not necessarily the latest reported. Every cell is transcribed from the filing; none is calculated here, and a figure the document does not state is left blank.
Manika Plastech Shareholding before & after the IPO
The founding owners and their group entities.
The pre-issue ring is the shareholding-pattern table printed in this issue’s red herring prospectus. No red herring prospectus states a post-issue register — every post-Offer column in one reads “[•], to be included in the Prospectus, subject to finalisation of Basis of Allotment”. So the second ring is worked out from the offer’s own structure. The fresh issue creates shares and dilutes everyone (₹925.00 million fresh issue ÷ ₹43 upper band); an offer for sale creates none, and moves the promoters’ holding only by what the promoters themselves sell — 95,000,000 held before the offer − 7,674,418 offered for sale by the promoters. Shares sold by an investor or any other shareholder reach the public without touching the promoter block. Projected at the upper end of the price band, and subject to the basis of allotment. Pre-issue percentages are taken from the disclosure, never estimated.
Manika Plastech IPO Lot Size & Minimum Investment by investor category
| Application | Shares | Amount at ₹43 |
|---|---|---|
| Retail (min)1 lot | 348 | ₹14,964 |
| Retail (max)13 lots | 4,524 | ₹1,94,532 |
| sHNI (min)14 lots | 4,872 | ₹2,09,496 |
| bHNI (min)67 lots | 23,316 | ₹10,02,588 |
One lot is 348 shares, so a single application at the ₹43 cut-off costs ₹14,964. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.
About Manika Plastech
Manika Plastech Limited is a design-led, precision engineered, rigid polymer packaging manufacturing company. It caters to diversified critical industries such as energy storage, dairy and edible food products, paints, and chemicals. Its product portfolio includes high-performance battery casings, pails, and thinwall containers. The company serves customers across India and exports its products.
Manika Plastech IPO Strengths & Risks as disclosed in the DRHP
How to check Manika Plastech IPO allotment status
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Manika Plastech Limited, the registrar is MUFG Intime India Private Limited — allotment is finalised in the days between the issue closing on 16 Sept 2026 and listing on 21 Sept 2026.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: MUFG Intime. Your bank will also show the blocked amount released if shares were not allotted.
Manika Plastech IPO Subscription Status FAQs
How many times is Manika Plastech IPO subscribed?
As of 17 Sept, 3:37 am the Manika Plastech Limited IPO is subscribed 28.14× overall: QIB 10.94×, non-institutional 63.09× and retail 22.72×. Figures are the exchange's consolidated demand across NSE and BSE.
What is the Manika Plastech IPO retail subscription status?
The retail portion is subscribed 22.72× as of 17 Sept, 3:37 am. Retail applications are those up to ₹2,00,000 at the cut-off price.
How do I check Manika Plastech IPO subscription status?
NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that feed and shows the QIB, NII and retail book, plus one row per day so the build-up over the issue can be compared.
How was Manika Plastech IPO subscribed day by day?
Overall subscription at the end of each bidding day — day 1 (11 September 2026): 1.42×, day 2 (12 September 2026): 1.42×, day 3 (13 September 2026): 1.46×, day 4 (14 September 2026): 1.46×, day 5 (15 September 2026): 8.3×, day 6 (16 September 2026): 28.14×, day 7 (17 September 2026): 28.14× — from the exchange feed. The day-wise table on this page breaks each day into QIB, non-institutional and retail.
What does 2× subscription mean?
Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment in it is decided by the registrar under the basis-of-allotment rules — retail by lottery for the minimum lot, for example.
Manika Plastech IPO Registrar where allotment and refund queries go
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
How to Apply for the Manika Plastech IPO ASBA and UPI, as SEBI sets them
- Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
- Choose the number of lots and bid at the cut-off price. Retail applications are capped at ₹2,00,000; above that the bid moves to the non-institutional category.
- If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (16 Sept 2026).
- One application per PAN. A second application under the same PAN is rejected, and both may be.
- After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, MUFG Intime India Private Limited, not to the exchange or the broker.
What is GMP in an IPO?
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹1 on a ₹43 upper band means the grey market is dealing at ₹44.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.