Manika Plastech Limited will open its Initial Public Offer (IPO) for subscription on Friday, September 11, 2026. The Price Band has been fixed at ₹40 to ₹43 per Equity Share, with a face value of ₹2 per share.
The Anchor Investor bidding will take place on Thursday, September 10, 2026. The IPO will close on Wednesday, September 16, 2026.
Investors can bid for a minimum of 348 Equity Shares and in multiples of 348 Equity Shares thereafter.
The Offer comprises a fresh issue aggregating up to ₹92.5 crore and an Offer for Sale of up to 7,674,418 Equity Shares. The Company proposes to utilise the net proceeds from the Fresh Issue towards funding capital expenditure for the purchase of plant and machinery, repayment and/or pre-payment, in part or full, of certain borrowings, and general corporate purposes.
The Equity Shares offered through the Red Herring Prospectus are proposed to be listed on BSE Limited and the National Stock Exchange of India Limited, with BSE serving as the Designated Stock Exchange.
Pantomath Capital Advisors Private Limited is the Book Running Lead Manager to the Offer.
The IPO is being made through the Book Building Process in accordance with applicable SEBI ICDR Regulations. Not more than 50% of the Offer will be available for allocation to Qualified Institutional Buyers, while not less than 15% and 35% will be available to Non-Institutional Bidders and Retail Individual Bidders, respectively.
