Manika Plastech
Mainboard · book built · MANIKA · INE0KWF01020
GMP 2 days ago · bids 6 days ago
- Minimum
- ₹14,964
- Band
- ₹40–₹43
- Issue size
- ₹125.5 Cr
- GMP
- ₹1 (+2.33%)
- Subscribed
- 22.72×
GMP rumours
₹1(+2.33%)
Ranged ₹1–₹2 since 16 Sept
Implied ₹348 per lot, if the rumour holds — 348 shares × ₹1.
16 Sept · ₹221 Sept · ₹1
Unofficial grey-market chatter. Not a price, not a prediction, and not from any exchange.
Subscription by category
| Category | Bid | Subscribed | Chance |
|---|---|---|---|
| Retail (up to ₹2 lakh) | 24.49 Cr | 22.72× | 1 in 23 |
| sHNI (₹2–10 lakh) | 7.50 Cr | 48.73× | 1 in 49 |
| bHNI (₹10 lakh +) | 21.64 Cr | 70.27× | 1 in 70 |
| Institutional (QIB) | 6.55 Cr | 10.94× | 1 in 11 |
| All categories | 60.19 Cr | 28.14× | — |
Value applied, by category
Where the money is, rather than how contested each line is. The two often disagree — a line can be the most subscribed and still be a small corner of the book.
| Category | Amount | Share of book | Can be allotted |
|---|---|---|---|
| Retail (up to ₹2 lakh) | ₹1,053.26 Cr | 40.7% | 30,976 |
| sHNI (₹2–10 lakh) | ₹322.66 Cr | 12.5% | 316 |
| bHNI (₹10 lakh +) | ₹930.66 Cr | 36.0% | 132 |
| Institutional (QIB) | ₹281.56 Cr | 10.9% | — |
| All categories | ₹2,588.14 Cr | — | — |
Captured — refreshing
Reported figures
| ₹ crore | FY 25 | FY 26 | Q1 FY 27 |
|---|---|---|---|
| Revenue | 406.50 | 435.98 | 162.45 |
| EBITDA | 45.30 | 58.14 | 24.38 |
| Profit after tax | 19.33 | 22.40 | 13.07 |
| Total assets | 320.99 | 323.69 | 316.99 |
What the money is for
- Capital expenditure
- 59.3%
- Repayment of borrowings
- 16.2%
- General corporate purposes
- 24.4%
Priced against its peers
- This issue, P/E
- 18.22
- Sector P/E
- 52.17
- Astral Ltd
- 77.84
- Finolex Industries Ltd
- 22.71
- Supreme Industries Ltd
- 54.80
A lower P/E than the sector is not a recommendation — it reflects growth, risk and size as much as price. The comparison is shown so the number has a reference, not to suggest a decision.
Figures as reported by the company. Check them against the prospectus in Documents — that filing is the authority, and this panel is a convenience until we read it directly.
What one bid costs
Priced at the top of the band, which is what gets blocked on a cut-off bid.
| Category | Minimum | Maximum | Ceiling |
|---|---|---|---|
| Retail | 1 lot · ₹14,964 | 13 lots · ₹1,94,532 | ₹2,00,000 |
| sHNI | 14 lots · ₹2,09,496 | 66 lots · ₹9,87,624 | ₹10,00,000 |
| bHNI | 67 lots · ₹10,02,588 | — | no upper limit |
Computed from the band by the same calculator that validates a bid before it is sent, so this table and the review sheet cannot disagree. A cut-off bid blocks at the upper band price, never the lower one.
The issue
- Issue size
- ₹125.5 Cr
- Face value
- ₹2
- Lot size
- 348 shares
- Daily window
- 10:00 – 17:00 IST
Timeline
- Opens
- 11 Sept
- Closes
- 16 Sept
- Basis of allotment
- 17 Sept
- Refunds
- 18 Sept
- Listing
- 21 Sept
Documents