Manika Plastech IPO opens for subscription; GMP signals 30% listing gain. Check key details

On September 11, 2026, the Manika Plastech IPO kicked off for investor subscriptions, lasting three days. Strong grey market premiums have been reported, indicating positive market sentiment. The company targets to gather Rs 125.50 crore through a mix of new shares and sale offers, with proceeds designated for capital expenditure, debt repayment, and corporate necessities. Expected share listing is set for September 21, 2026, on NSE and BSE.