Manika Plastech IPO Day 3: Subscription Closes Today, 16 September 2026

Manika Plastech IPO closes today, 16 Sep 2026. Subscribed 8.73x through Day 2 (5:29 PM): Retail 12.16x, NII 11.30x, QIB 0.82x. Price band Rs 40-43.

Updated: 16 Sept 2026 • 10:14 am

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Quick Answer

The Manika Plastech IPO is on its final day of bidding on 16 September 2026, with the subscription window closing today. The issue has climbed sharply through its bidding window, from 1.49 times at the Day 1 close to around 8.73 times by the close of Day 2, with retail leading at 12.16 times and NII close behind at 11.30 times, while QIB stood at 0.82 times. With bidding open until the end of today's session, and QIB bids on mainboard issues typically concentrating in the closing hours, the final Manika Plastech IPO subscription figure could run higher still before the deadline.

Manika Plastech Limited, a design led rigid polymer packaging manufacturer, has reached the final day of its IPO subscription window today, 16 September 2026. The Manika Plastech IPO opened on 11 September and is a mainboard, book built issue worth about Rs 125.50 crore, comprising a fresh issue and an offer for sale. The shares are proposed to list on both NSE and BSE.

Demand for the issue has built dramatically through the bidding window. The issue closed Day 1 subscribed 1.49 times overall, and by the close of Day 2 the overall book had surged to around 8.73 times, with retail investors reaching 12.16 times and NII climbing to 11.30 times. The QIB category, which had shown early interest with 0.82 times by the Day 2 close, is the key variable to watch in the final hours today.

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Table of Contents

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 3

The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the closing day itself.

Session	Overall	Retail	NII	QIB
Day 1 close (11 Sep)	1.49x	Category split not fully available
Day 2 close (15 Sep, 5:29 PM)	8.73x	12.16x	11.30x	0.82x
Day 3, closing day so far (16 Sep)	Updating through the session

Retail and NII investors have driven the demand for the issue through the bidding window, with the QIB book showing signs of building. With bidding open until the end of today's session, the final subscription numbers for the issue should be confirmed on the NSE and BSE websites once the window shuts.

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 well before the cut off today, since the issue closes for good after this session.

Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.

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 closed out its bidding window with a sharp surge in demand, running at around 8.73 times overall by the close of Day 2, led by retail and NII investors. 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 before the window shuts today.

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 on Day 3?

Ans. On the closing day, 16 September 2026, the issue carries forward a Day 2 close of 8.73 times overall, with retail at 12.16 times, NII at 11.30 times, and QIB at 0.82 times, and figures are updating through today's final session.

When does the Manika Plastech IPO close?

Ans. The issue closes for subscription today, 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 investment to about Rs 14,964 at the upper price band.

Which category led the Manika Plastech IPO subscription?

Ans. Retail investors led the issue through Day 2, reaching 12.16 times, closely followed by NII at 11.30 times, while QIB stood at 0.82 times as of the Day 2 close.

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 before it closes?

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 today's 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.

What will happen to allotment given how oversubscribed the Manika Plastech IPO is?

Ans. With the issue running well past full subscription in the retail and NII categories, retail allotment will likely be decided by computerised lottery for the minimum lot, while NII allotment will be proportionate, giving a smaller share per applicant given how heavily the category is subscribed.

What is the issue structure of the Manika Plastech IPO?

Ans. The issue is worth Rs 125.50 crore, comprising a fresh issue of 2.15 crore shares worth Rs 92.50 crore and an offer for sale of 76.74 lakh shares worth Rs 33.00 crore.

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.