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#manika-plastech-ipo

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Manika Plastech IPO Analysis: High Subscription vs. Cooling GMP

The Manika Plastech IPO closed with a strong 28.14x subscription, led by NIIs at 63.09x. However, the GMP cooled from 26% to 7%, impacting listing gain expectations.

grey-market-premium manika-plastech-ipo ipo-subscriptionTasadduq Burneyowner21K rep · 22 Sept 2026, 12:29 UTC