Manika Plastech IPO Subscription Status
Manika Plastech IPO was subscribed 28.14 times when bidding closed on 16 Sep 2026: QIB 10.94x, NII 63.09x, Retail 22.72x.
The Manika Plastech IPO has been subscribed 28.14x times overall. Retail investors have shown interest with bids for 22.72x the shares available. The Non-Institutional Investor (NII) category has been subscribed 63.09x. Within NII, Big HNI (B-HNI) subscribed 70.27x and Small HNI (S-HNI) subscribed 48.73x. Qualified Institutional Buyers (QIBs) have subscribed 10.94x. Data last updated on 21 Sep, 06:30 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 11 Sep, 2026 and closes on 16 Sep, 2026. The shares are expected to list on stock exchanges on 21 Sep, 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | 6,54,79,332 of 59,87,209 24 applications 281.56 Cr | 10.94x |
| NII | 29,14,69,836 of 46,19,913 23,719 applications 1,253.32 Cr | 63.09x |
| Retail | 24,49,44,672 of 1,07,79,797 5,96,128 applications 1,053.26 Cr | 22.72x |
| TOTAL | 60,18,93,840 6,19,871 applications 2,588.14 Cr | 28.14x |
Manika Plastech IPO Basis of Allotment
Final Final figures published by the registrar, after technical rejections. Allotment price ₹43.
| Category | AppsApplications | GotAllottees | Odds |
|---|---|---|---|
| QIB 5.02x subscribed | 29 | 29 | AllAll allotted |
|
Ex. Anchor
Ex. Anchor
|
24 | 24 | AllAll allotted |
|
Anchor
Anchor Investors
|
5 | 5 | AllAll allotted |
| NII (HNI) 65.67x subscribed | 23,719 | 898 | 1 in 261 in 26 |
|
bNII >₹10L
bNII — above ₹10 Lakh
|
9,061 | 599 | 1 in 151 in 15 |
|
sNII <₹10L
sNII — below ₹10 Lakh
|
14,658 | 299 | 1 in 491 in 49 |
| Retail 23.36x subscribed | 5,96,128 | 29,353 | 1 in 201 in 20 |
| TOTAL 20.54x subscribed | 6,19,876 | 30,280 | 1 in 201 in 20 |
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 23 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 10.94x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 4-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
16 Sep 2026
Day 4 |
28.14x | ▼ | |
|
QIB10.94x
BHNI70.27x
SHNI48.73x
Retail22.72x
|
|||
|
15 Sep 2026
Day 3 |
8.3x | ▼ | |
|
QIB0.8x
BHNI7.9x
SHNI16.27x
Retail11.45x
|
|||
|
14 Sep 2026
Day 2 |
1.46x | ▼ | |
|
QIB0.35x
BHNI0.58x
SHNI2.44x
Retail2.18x
|
|||
|
11 Sep 2026
Day 1 |
1.42x | ▼ | |
|
QIB0.35x
BHNI0.58x
SHNI2.41x
Retail2.12x
|
|||
Manika Plastech IPO dates
From the bidding window to listing. Today is 23 October.
- Open 11 Sep 2026
- Close 16 Sep 2026
- Allotment 17 Sep 2026
- Refund/credit 18 Sep 2026
- Listing 21 Sep 2026
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
| # | Anchor Investor | Group Entity | Amt (₹ cr.) | % Allocated | |
|---|---|---|---|---|---|
| 1 | BHARAT VALUE FUND | BHARAT VALUE | ₹1.76 Cr | 46.87% | |
| 2 | TRUST MF MULTI CAP FUND | TRUST MUTUAL FUND | ₹0.60 Cr | 15.94% | |
| 3 | FINAVENUE CAPITAL TRUST-FINAVENUE GROWTH FUND | FINAVENUE | ₹0.50 Cr | 13.28% | |
| 4 | NOVA GLOBAL OPPORTUNITIES FUND PCC-TOUCHSTONE | NOVA | ₹0.50 Cr | 13.28% | |
| 5 | TRUST MF LARGE & MID CAP FUND | TRUST MUTUAL FUND | ₹0.40 Cr | 10.63% | |
| TOTAL | ₹3.76 Cr | 100.00% |
Manika Plastech IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Manika Plastech IPO?
As of IPO close date (16 Sep, 2026), the Manika Plastech IPO is subscribed 28.14x times. Retail category is 22.72x, and NII is 63.09x subscribed.
When is the allotment date for Manika Plastech IPO?
The allotment for Manika Plastech IPO is expected to be finalized on 17 September, 2026.
What is the GMP of Manika Plastech?
The Grey Market Premium (GMP) for Manika Plastech is currently ₹1, indicating a potential listing gain of 2.33%.
When will Manika Plastech IPO list on the stock market?
Manika Plastech is scheduled to list on BSE and NSE on 21 September, 2026.
What are the chances of getting allotment in Manika Plastech IPO?
The retail category is oversubscribed at 22.72x, meaning allotment is by lottery. Statistically, approximately 1 in 23 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 10.94x mean for Manika Plastech IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 10.94x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Manika Plastech IPO allotment status?
After the allotment date (17 Sep, 2026), you can check your Manika Plastech IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Manika Plastech IPO further
Track every stage of this IPO, from subscription to listing.
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Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
