Manika Plastech IPO Subscribed 29.46x on Day 3

Generic user silhouette icon Varda Khade - 0 min read

Last Updated: 17th September 2026 - 04:01 pm

Manika Plastech IPO was subscribed 29.46 times by 5:06 PM on Day 3 (September 16, 2026). The public issue received bids for 60,18,93,840 shares against 2,04,30,233 shares available for subscription.

Retail investors, NIIs, and QIBs all showed strong participation on the final day. The NII portion led the bidding at 66.58 times, followed by the Retail portion at 23.98 times, while the QIB portion was subscribed 11.22 times.

Subscription Status of Manika Plastech IPO

Date QIB NII Retail Total
Day 1 (September 14) 0.36 1.26 2.24 1.49
Day 2 (September 15) 0.82 11.32 12.23 8.78
Day 3 (September 16) 11.22 66.58 23.98 29.46

Here are the subscription details for Manika Plastech IPO Day 3, as of 5:06 PM:

Investor Category Subscription (times) Shares Offered Shares bid for Total
Anchor 1 87,55,813    87,55,813 37.65
QIB 11.22 58,37,210   6,54,79,332 281.56  
NII 66.58 43,77,907        29,14,69,836  1,253.32
Retail 23.98 1,02,15,116 24,49,44,672 1,053.26
Total 29.46 2,04,30,233

60,18,93,840              

2,588.14       

Key Highlights – Day 3

  • Manika Plastech IPO was subscribed 29.46 times overall.
  • NII portion led the issue with 66.58x subscription.
  • Retail investors subscribed their quota 23.98x.
  • QIB portion was subscribed 11.22x.
  • The IPO received bids for 60.19 crore shares against 2.04 crore shares on offer.

Key Highlights – Day 2

  • Overall subscription stood at 8.78x.
  • Retail portion was subscribed 12.23x.
  • NII portion reached 11.32x.
  • QIB subscription was 0.82x.

Key Highlights – Day 1

  • Overall subscription was 1.49x.
  • Retail investors subscribed 2.24x.
  • NII portion stood at 1.26x.
  • QIB portion was subscribed 0.36x.

About Manika Plastech Limited

Incorporated in March 1974, Manika Plastech Limited is engaged in the manufacturing of plastic products and packaging solutions. The company serves diverse industrial applications with a range of plastic-based products, focusing on quality manufacturing and customer-driven solutions.

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