The Manika Plastech IPO opened for subscription today, September 11, 2026, giving investors three days to place their bids. Investor interest appears strong even before the issue hits the market, with the IPO commanding a 30% premium in the grey market (GMP). The current GMP indicates the possibility of a strong listing gain, although grey-market trends are unofficial and can change before listing.
The IPO is a Rs 125.50 crore book-built issue, comprising a fresh issue of 2.15 crore shares worth Rs 92.50 crore and an offer for sale (OFS) of 76.74 lakh shares aggregating to Rs 33 crore.
