Manika Plastech Limited logo

Manika Plastech IPO: GMP, subscription and allotment status

MainboardMUFG IntimeListed21 Sept

This IPO has left the live dashboard. The figures below are as recorded on 25 Sept 2026.

—No subscription figures

Listed at
₹43
0.0% on issue price
Est. listing
—
No estimate
Price band
₹40–43
Lot
348 shares
Min. ₹14,964

Allotment

Allotment is published. Check every saved PAN in one go.

Check allotment

Dates

11 → 16 Sept · allot 17 · list 21

Refunds and shares in your demat account on 18 Sept.

Subscription by category

Subscription figures here come from NSE's bid data, and this issue bids on BSE SME, so there are none on this page.

See this IPO on IPOWatch

Issue details

Segment
Mainboard
Face value
₹2
Issue type
Book build Issue
Fresh issue
₹92.5 Crores
Offer for sale
76,74,418 Equity Shares
Listing at
BSE, NSE
Registrar
MUFG Intime
NSE symbol
—

GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from

What you can apply for

Retail Minimum
1 lot, 348 shares
₹14,964
Retail Maximum
13 lots, 4,524 shares
₹1,94,532
S-HNI Minimum
14 lots, 4,872 shares
₹2,09,496
S-HNI Maximum
66 lots, 22,968 shares
₹9,87,624
B-HNI Minimum
67 lots, 23,316 shares
₹10,02,588

A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.

Where the money goes

Funding the capital expenditure towards purchase of plant and machinery
₹59.82 Cr
Repayment and/or pre-payment, in part or full, of certain borrowings availed by our Company
₹25.00 Cr
General Corporate Purposes
—

What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.

Company numbers

Revenue, ₹ crore

₹162.71 Cr−62.8% on 2026

Profit, ₹ crore

₹13.07 Cr−41.7% on 2026

Assets, ₹ crore

₹317 Cr−2.1% on 2026

June 2026
Revenue ₹162.71
Profit ₹13.07
2026
Revenue ₹437.26
Profit ₹22.40
2025
Revenue ₹412.59
Profit ₹19.33
2024
Revenue ₹368.76
Profit ₹11.53

In ₹ crore, for the years the offer document reports.

ROE
15.18%
ROCE
18.77%
EBITDA Margin
13.34%
PAT Margin
5.12%
Debt to equity ratio
0.60
Earning Per Share (EPS)
₹2.36 (Basic)
Return on Net Worth (RoNW)
15.18%
Net Asset Value (NAV)
₹15.54

Listed peers

Hitech Corporation Limited
P/E 37.85
EPS 8.84
Mold-Tek Packaging Limited
P/E 32.34
EPS 21.93
Shaily Engineering Plastics Limited
P/E 88.85
EPS 36.97

Price to earnings, earnings per share and return on net worth, as the offer document reports them.

Who the issue is reserved for

Anchor
30%
QIB
20%
NII
15%
Retail
35%

Share of the issue set aside for each kind of investor.

Promoters and bankers

Promoters
Nikunj Mohanlal Kapadia, Munjal Nikunj Kapadia, Mihir Nikunj Kapadia, Pratik Nikunj Kapadia and Vridaa Holding Trust
Promoter holding
100% before the IPO, 74.95% after
Lead managers
Pantomath Capital Advisors Pvt. Ltd.

Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.

More Mainboard IPOs

Frequently asked questions

When does Manika Plastech IPO open and close?
Bidding ran from 11 September 2026 to 16 September 2026.
What is the Manika Plastech IPO allotment date?
Allotment is out. You can check it by PAN now.
When will Manika Plastech IPO list?
It listed on 21 September 2026.
What is the lot size and minimum investment for Manika Plastech IPO?
One lot is 348 shares, so the minimum investment at the upper price of ₹43 is ₹14,964.
How do I check Manika Plastech IPO allotment status?
MUFG Intime has published the allotment. Use Check allotment on this page to check every PAN in your family in one go.
Manika Plastech IPO listing price & allotment status