Manika Plastech shall open the Bid/Offer in relation to its Initial Public Offer of Equity shares on Friday, September 11, 2026. The Price Band of the Offer has been fixed at ₹ 40 to ₹ 43 per Equity Share.
- Issue Opens: September 11, 2026
- Issue Closes: September 16, 2026
- Face Value: Rs 2
- Price Band: Rs 40 – 43 per share
- Minimum Bid Lot: 348 Equity Shares
- Listing: BSE & NSE
Bids can be made for a minimum of 348 Equity Shares and in multiples of 348 Equity Shares thereafter. The Anchor Investor Bidding Date shall be Thursday, September 10, 2026. The Bid/Offer shall open on Friday, September 11, 2026 and Bid /Offer shall close on Wednesday, September 16, 2026. The Company proposes to list its Equity Shares on BSE and NSE.
The company proposes to utilize the net proceeds towards: Funding the capital expenditure towards purchase of plant and machinery; Repayment and/or pre-payment, in part or full, of certain borrowings availed by the Company and, General Corporate Purposes.
