Manika Plastech IPO GMP

Manika Plastech IPO GMP Today, 11 September 2026

Manika Plastech IPO GMP today is ₹15. The latest grey market premium is reported at ₹15 on 11 September 2026.

Manika Plastech IPO has a price band of ₹40 to ₹43 per share. Based on the upper price band of ₹43 and the current GMP of ₹15, the estimated listing price is ₹58 per share.

At the current GMP, the estimated listing gain is approximately 34.88% over the IPO upper price of ₹43.

Manika Plastech IPO is scheduled to open for subscription on 11 September 2026 and close on 16 September 2026. The IPO is expected to be listed on 21 September 2026 on BSE and NSE.

The IPO comprises a fresh issue of 2,15,11,627 shares aggregating up to ₹92.50 crore and an offer for sale of 76,74,418 shares aggregating up to ₹33 crore. The total issue size is approximately ₹125.50 crore.

The grey market premium can change before the IPO listing depending on subscription demand, market conditions and investor sentiment.

GMP is an unofficial market indicator and does not guarantee the actual listing price of the shares.

Manika Plastech IPO Expected Listing Price

Manika Plastech IPO GMP Trend

Manika Plastech IPO GMP is currently reported at ₹15 as of 11 September 2026.

Based on the latest reported GMP, the estimated listing price is ₹58 per share if the GMP remains unchanged until listing.

* Estimated listing price is calculated using the IPO upper price band plus the reported GMP. Estimated profit per lot is calculated using GMP × lot size. Latest calculation: ₹15 × 348 shares = ₹5,220. GMP-based estimates are indicative and may differ from the actual listing price.

Manika Plastech IPO Details

Manika Plastech IPO GMP Profit Estimate

Based on the latest GMP of ₹15 and the IPO upper price band of ₹43, the estimated listing price is ₹58 per share.

If the GMP remains at ₹15 until listing, one lot of 348 shares would indicate an estimated GMP-based gain of approximately ₹5,220.

Manika Plastech IPO GMP Update

What Is Manika Plastech IPO GMP?

IPO GMP stands for Initial Public Offering Grey Market Premium. It represents the premium at which an IPO may be informally traded in the grey market before its official stock-market listing.

A positive GMP may indicate positive market sentiment and expectations of a premium listing. However, GMP is unofficial, unregulated and can change rapidly before the listing date.

GMP should only be considered an indicative market-sentiment indicator. The actual listing price can be significantly different from the GMP-based estimate.

Manika Plastech IPO Company Overview

Manika Plastech Limited, incorporated in 1996, is engaged in manufacturing rigid polymer packaging products and related components. Its product portfolio includes battery casings, pails, thinwall containers and automotive components.

The company provides an end-to-end rigid polymer packaging solution covering product design and development, sourcing of raw materials, manufacturing, heat sealing, labelling, quality assurance and delivery.

Manika Plastech serves customers across industries including automotive, energy storage, telecom, paints, lubricants, agrochemicals, construction chemicals and food and dairy.

The company operates seven facilities, comprising six manufacturing facilities and one painting facility. Its manufacturing facilities are located across Dehradun, Hosur, Panipat, Una and Dadra, while its paint facility is located in Hosur.

As of 31 July 2026, the company had 352 employees and 809 contract labourers.

Manika Plastech IPO Financial Performance

The company’s total income increased from ₹412.59 crore in FY2025 to ₹437.26 crore in FY2026, representing growth of approximately 6%. Profit after tax increased from ₹19.33 crore to ₹22.40 crore, a growth of approximately 16%.

Manika Plastech IPO Financials for June 2026

Manika Plastech IPO Key Financial Ratios

Manika Plastech IPO Valuation

Manika Plastech IPO Objects of the Issue

The identified IPO proceeds are planned to support capital expenditure, reduce borrowings and meet general corporate requirements.

Manika Plastech IPO Important Dates

Manika Plastech IPO GMP FAQs