Finance

Manika Plastech IPO Day 2: GMP signals 26% listing gains. Check subscription and key details

The Manika Plastech IPO entered its second day of bidding with the issue subscribed 1.46 times on Day 1. The IPO is commanding a 26% grey-market premium, while retail investors showed stronger demand. Here are key details on subscription, GMP, issue structure and financial performance.

Manika Plastech IPO Day 2: GMP signals 26% listing gains. Check subscription and key details

Manika Plastech IPO Day 2: GMP signals 26% listing gains. Check subscription and key details

What Happened

The Manika Plastech IPO entered its second day of bidding with the issue subscribed 1.46 times on Day 1. The IPO is commanding a 26% grey-market premium, while retail investors showed stronger demand. Here are key details on subscription, GMP, issue structure and financial performance.

Key Details

Original reporting provided by Economic Times Markets.

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