Status
Listed
Price band
₹40–₹43
Shares in one lotA lot is the smallest bundle of shares you can apply for. Lot size, in the glossary
348 shares
Minimum money
₹14,964 for 1 lot
Issue size
₹125.5 crore
Dates
11 Sept 2026 – 16 Sept 2026
Official links
- Prospectus
- Allotment statusAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
How to apply
Use UPI and ASBA. The guide covers the close, allotment, and the T+3 listing.
Open the guideRelated guides
Manika Plastech Ltd. IPO is listed. It opens on 11 Sept 2026 and closes on 16 Sept 2026. The price band is ₹40 to ₹43. One lot is 348 shares, and the minimum amount is ₹14,964. The issue size is ₹125.5 crore, with a fresh issue of ₹92.5 crore and an offer for sale of ₹33 crore. In FY26, total income was ₹437.26 crore and profit after tax was ₹22.4 crore. Total income was up 6% from ₹412.59 crore in FY25. Profit after tax was up 15.9% from ₹19.33 crore in FY25.
The total subscription for Manika Plastech Ltd. is 29.46 times.
Manika Plastech Ltd. listed at ₹43.
Manika Plastech makes rigid plastic packaging products. These include battery casings, pails and thin-wall containers.
Dates
Opens
11 Sept 2026
Closes
16 Sept 2026
AllotmentAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
17 Sept 2026
Refunds
18 Sept 2026
Demat credit
18 Sept 2026
Listing
21 Sept 2026
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 Company
- General Corporate Purposes
- Offer Expense
Promoters
Nikunj Mohanlal Kapadia, Munjal Nikunj Kapadia, Mihir Nikunj Kapadia, Pratik Nikunj Kapadia and Vridaa Holding Trust
Subscription
Subscribed 29.46x overall. Final, as of 16 Sept 5 pm IST.
Big fundsQIB means a big institution, such as a mutual fund or a bank. How allotment works
11.22x
Large bidsNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
66.58x
Retail
23.98x
Total
29.46x
Issue structure
Fresh issue and offer for sale
How the issue is split. Amounts are in ₹ crore.
| Part | Amount |
|---|---|
| Fresh issue | ₹92.5 crore |
| Offer for sale | ₹33 crore |
Reservation
Share kept for each group. The percents are the published figures.
| Part | Amount |
|---|---|
| Retail | 35% |
| Large bids | 15% |
| Big funds | 50% |
Issue
- Face value
- ₹2
- Fresh issue
- ₹92.5 crore
- Offer for saleOFS means offer for sale. Existing owners are selling shares. The company does not get that money.
- ₹33 crore
- Exchanges
- BSE, NSE
- Registrar
- MUFG Intime India Pvt. Ltd.
Reservation
- Retail
- 35%
- Large bidsNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
- 15%
- Big fundsQIB means a big institution, such as a mutual fund or a bank. How allotment works
- 50%
Financials
₹ crore, for the last three reported years.
Total income and profit
Each chart has its own scale. Amounts are in ₹ crore.
Total income
Profit after tax
| Year | Total income | Profit |
|---|---|---|
| FY24 | ₹368.76 crore | ₹11.53 crore |
| FY25 | ₹412.59 crore | ₹19.33 crore |
| FY26 | ₹437.26 crore | ₹22.4 crore |
Net worth
₹ crore, for each year that reports net worth.
| Year | Net worth |
|---|---|
| FY24 | ₹107.99 crore |
| FY25 | ₹125.17 crore |
| FY26 | ₹147.62 crore |
| Year | Total income | PAT | Net worth | Assets | Borrowings |
|---|---|---|---|---|---|
| FY24 | 368.76 | 11.53 | 107.99 | — | — |
| FY25 | 412.59 | 19.33 | 125.17 | — | — |
| FY26 | 437.26 | 22.4 | 147.62 | — | — |
Listing
- Listing price
- ₹43
- Close on listing day
- ₹43.14
- Listing gainListing gain is how far the first traded price sits above or below the issue price. Capital gains, in the glossary
- 0% versus ₹43
Frequently asked questions
When does this issue open?
It opens on 11 Sept 2026 and closes on 16 Sept 2026.
What is the lot size and the minimum amount?
One lot is 348 shares. The minimum amount is ₹14,964 for 1 lot.
When are allotment and listing?
Allotment is on 17 Sept 2026. Listing is on 21 Sept 2026.
What is the price band?
The price band is ₹40 to ₹43.
What is the issue size?
The issue size is ₹125.5 crore.
How many times was it subscribed?
The total subscription is 29.46 times, checked 16 Sept 2026, 5:00 pm IST.
What was the listing gain?
The listing gain against the top of the price band is 0%.
This page is a calendar of dates and prices. It is not a recommendation to apply.