Manika Plastech’s Rs.125.5 crore IPO continues to attract investor interest ahead of its September 16 closing date. The issue carries a price band of Rs.40–43 per share and has been subscribed around 1.46 times, according to the latest available data.
The issue has seen stronger participation from retail investors, while institutional participation is being closely tracked as the bidding period approaches its final day. The company is among the mainboard offerings currently open in the market.
