Manika Plastech IPO listing: listed at ₹43, flat at the issue price
Manika Plastech listed on NSE, BSE on 21 Sep 2026 at ₹43 per share, ₹0 (0.0%) against the upper price band of ₹43. The issue (price band ₹40 – ₹43, bidding 11 Sep 2026 to 16 Sep 2026) was subscribed 29.46x overall. The last grey-market premium we captured before listing was ₹2 on 20 Sep 2026 (daily average of 10 quotes), which implied a listing price of ₹45; the shares listed at ₹43, ₹2 below that.
Updated 6 Oct 2026, 19:02 IST. Dated dealer references.
Listing day facts
| Listing date | 21 Sep 2026 |
|---|---|
| Exchange | NSE, BSE |
| Listing price | ₹43 |
| Upper price band (issue price basis) | ₹43 |
| Gain or loss vs upper band | ₹0 per share (0.0%) |
| Price band | ₹40 – ₹43 |
| Issue dates | 11 Sep 2026 to 16 Sep 2026 |
| Subscription (overall, at close) | 29.46x, as of 16 Sep 2026 |
| Lot size | 348 shares |
| Gain or loss per lot vs upper band | ₹0 |
Grey-market premium against the actual listing
The last grey-market premium we captured before listing was ₹2 on 20 Sep 2026 (daily average of 10 quotes), which implied a listing price of ₹45; the shares listed at ₹43, ₹2 below that.
| Date | GMP | Implied listing price | Actual listing vs implied | Quotes captured |
|---|---|---|---|---|
| 17 Sep 2025 | ₹2 | ₹45 | −₹2 (−4.4%) | 1 |
| 7 Sep 2026 | ₹12 | ₹55 | −₹12 (−21.8%) | 7 |
| 8 Sep 2026 | ₹18 | ₹61 | −₹18 (−29.5%) | 9 |
| 9 Sep 2026 | ₹17 | ₹60 | −₹17 (−28.3%) | 10 |
| 10 Sep 2026 | ₹13 | ₹56 | −₹13 (−23.2%) | 10 |
| 11 Sep 2026 | ₹11 | ₹54 | −₹11 (−20.4%) | 12 |
| 12 Sep 2026 | ₹12 | ₹55 | −₹12 (−21.8%) | 11 |
| 13 Sep 2026 | ₹13 | ₹56 | −₹13 (−23.2%) | 13 |
| 14 Sep 2026 | ₹11 | ₹54 | −₹11 (−20.4%) | 11 |
| 15 Sep 2026 | ₹6 | ₹49 | −₹6 (−12.2%) | 12 |
| 16 Sep 2026 | ₹3 | ₹46 | −₹3 (−6.5%) | 12 |
| 17 Sep 2026 | ₹2 | ₹45 | −₹2 (−4.4%) | 13 |
| 18 Sep 2026 | ₹2 | ₹45 | −₹2 (−4.4%) | 12 |
| 19 Sep 2026 | ₹2 | ₹45 | −₹2 (−4.4%) | 12 |
| 20 Sep 2026 | ₹2 | ₹45 | −₹2 (−4.4%) | 10 |
GMP is unofficial and unregulated; these are the quotes our desk feed captured, averaged by day. Only the price band and the exchange listing price are official.
Frequently asked questions
What was the Manika Plastech IPO listing price?
Manika Plastech listed on NSE, BSE on 21 Sep 2026 at ₹43 per share.
How did Manika Plastech list against the issue price?
The listing price of ₹43 was ₹0 per share (0.0%) against the upper price band of ₹43.
What did the grey market indicate before Manika Plastech listed?
The last grey-market premium we captured before listing was ₹2 on 20 Sep 2026 (daily average of 10 quotes), which implied a listing price of ₹45; the shares listed at ₹43, ₹2 below that. GMP is unofficial and not a forecast.
Where do Manika Plastech shares trade now?
On NSE, BSE. Check the exchange for the current quote; BuyUnlistedShares tracks unlisted shares and does not quote listed prices.
Manika Plastech IPO overview · GMP history · Subscription status · Allotment status
Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.
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