Manika Plastech IPO Day 2: Subscription Status on 15 September 2026
- September 15, 2026
- Posted by: Harsh Piplani
- Category: IPO
Manika Plastech IPO Day 2, 15 Sep 2026. Subscribed around 1.49x so far, past full subscription. Price band Rs 40-43. Closes tomorrow, 16 Sep.
Quick Answer
The Manika Plastech IPO is running at around 1.49 times overall as bidding continues on 15 September 2026, having moved past full subscription. The issue opened on 11 September and closes tomorrow, 16 September 2026, giving one more full session for demand to build further. Investors should track the live category wise numbers on NSE and BSE through the day, since institutional bids on mainboard issues often concentrate in the final session.
The Manika Plastech IPO has been open for bidding since 11 September and closes tomorrow, 16 September 2026. Manika Plastech Limited, a design led rigid polymer packaging manufacturer, is raising about Rs 125.50 crore through a combination of fresh issue and offer for sale, and the shares are proposed to list on both NSE and BSE.
The Manika Plastech IPO has crossed full subscription, running at around 1.49 times so far, a healthy response for a mainboard packaging issue. Ahead of the opening, the company raised Rs 37.65 crore from anchor investors on 10 September. With the issue closing tomorrow, today’s session and the final day will be important in determining how much further institutional and retail demand pushes the overall book.
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Manika Plastech IPO Details
The table below sets out the key parameters of the issue.
| Open Date | 11 September 2026 |
| Close Date | 16 September 2026 |
| Price Band | Rs 40 to Rs 43 per share |
| Lot Size | 348 shares |
| Issue Size | Rs 125.50 crore |
| Issue Type | Book Built Issue |
| Listing At | NSE and BSE |
| Allotment Date | 17 September 2026 |
| Listing Date | 21 September 2026 |
Manika Plastech IPO Subscription Status Day 2
Category wise QIB, NII and retail figures for the issue continue to update through the NSE and BSE portals during the session. The table below reflects the current position ahead of tomorrow’s close.
| Investor Category | Subscription Status, So Far (15 Sep) |
|---|---|
| Qualified Institutional Buyers (QIB) | Updating through the session |
| Non-Institutional Investors (NII) | Updating through the session |
| Retail Individual Investors | Updating through the session |
| Overall | Around 1.49 times |
The issue has cleared full subscription, and with one more session remaining before the 16 September close, the final figure could run meaningfully higher, particularly if institutional bids add further to the book. Investors should check the live NSE and BSE numbers for the latest position.
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Manika Plastech IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 40 to Rs 43 band, in multiples of 348 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes tomorrow, 16 September.
Download the Univest iOS App or Univest Android App to apply for the issue before the 16 September close.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Conclusion
The issue has moved past full subscription, running at around 1.49 times so far, with one more session remaining before the 16 September close. Investors considering the issue should review the company financials and risk factors in the RHP on nseindia.com and bseindia.com, and apply only after independent due diligence.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the Manika Plastech IPO subscription status right now?
Ans. The issue is running at around 1.49 times overall as of 15 September 2026, past full subscription, with one more session remaining before the issue closes on 16 September.
When does the Manika Plastech IPO close?
Ans. The issue closes for subscription tomorrow, 16 September 2026, having opened on 11 September 2026.
What is the Manika Plastech IPO price band and lot size?
Ans. The issue price band is Rs 40 to Rs 43 per share, with a lot size of 348 shares, taking the minimum retail investment to about Rs 14,964 at the upper band.
Is the Manika Plastech IPO fully subscribed?
Ans. Yes, the issue has crossed full subscription, running at around 1.49 times as of 15 September 2026, with the final figure to be confirmed once bidding closes tomorrow.
What is the Manika Plastech IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
How do I apply for the Manika Plastech IPO?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid in multiples of 348 shares within the Rs 40 to Rs 43 band and approving the UPI mandate before the daily cut off.
When will the Manika Plastech IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 17 September 2026, with listing on both NSE and BSE tentatively scheduled for 21 September 2026.
How much did the Manika Plastech IPO raise from anchor investors?
Ans. The issue raised Rs 37.65 crore from anchor investors ahead of the public issue opening, with the anchor bid date falling on 10 September 2026.
What does Manika Plastech Limited do?
Ans. Manika Plastech Limited manufactures rigid polymer packaging products, including battery casings, pails and food grade thinwall containers, serving industries such as energy storage, dairy, paints and chemicals.
