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The Economic Times
The Economic Times
Business
Ritesh Presswala

Manika Plastech IPO Day 2: GMP signals 26% listing gains. Check subscription and key details

GMP IPO

The Manika Plastech IPO entered its second day of bidding on September 15, drawing steady interest from investors. The issue is also commanding a 26% premium in the grey market, although the GMP has eased slightly from the earlier 30%.

At the current grey-market premium, the IPO could potentially deliver a strong listing gain for investors. However, GMP trends are unofficial and can fluctuate before the shares make their market debut.

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