Manika Plastech IPO ListingĀ Details
| Listing Date | 21st September, 2026 |
| BSE Code | 544929Ā |
| NSE Code | MANIKA |
| ISIN Code | INE0KWF01020 |
| Offer Price | ā¹40 to ā¹43 |
| Face Value | ā¹2 |
| Listing Price | ā¹43 |
Details About Manika Plastech IPOĀ
Manika Plastech received approval from SEBI for an IPO of ā¹125.50 crores, which includes a fresh issue of ā¹92.5 crores and an offer for sale of up to 76,74,418 equity shares with a face value of ā¹2 each. Manika Plastech IPO price band is ā¹40 to ā¹43 per share.
Retail Individual Investors (RII):
- Minimum application: 1 lot = 348 sharesĀ
- Maximum application: 13 lots = 4,524 shares Ā
Small High Net-worth Individuals (S-HNI):
- Minimum application: 14 lots = 4,872 sharesĀ
- Maximum application: 66 lots = 22,968 shares
Big High Net-worth Individuals (B-HNI):
- B-HNI Minimum: 67 lots= 23,316 sharesĀ
To invest in the Manika Plastech IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ā¹14,964.Ā
- Retail investors’ (Max) investment: ā¹1,94,532.Ā Ā
- Small HNI (S-HNI): Minimum investment of ā¹2,09,496.Ā
- Small HNI (S-HNI): Maximum investment of ā¹9,87,624.Ā
- B-HNI: Minimum investment of ā¹10,02,588.Ā
Object of the IssueĀ
- Some funds will go towards the purchase of plant and machinery
- A portion will go for repayment/prepayment of existing borrowings taken by the firm
- Lastly, the remaining will go towards general corporate purposesĀ Ā
Manika Plastech subscription durationĀ
Manika Plastech IPO started on September 11, 2026, and closed on September 16, 2026. The investorsā allotment date was September 17, 2026, and they received a refund on September 18, 2026. The Manika Plastech IPO listing date is September 21, 2026.
About Manika Plastech CompanyĀ
Manika Plastech, founded in 1996, is one of the leading manufacturers of rigid polymer packaging products. Its product portfolio includes the manufacturing of battery casings, pails, and thin-wall containers used in packaging, industrial, and consumer applications.
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. Manika Plastech provides complete polymer packaging solutions, from design, development, sourcing of raw materials, manufacturing, heat sealing, labelling, and delivery.
