The Manika Plastech IPO has moved to the allotment stage after its subscription period ended on September 16. The issue had a price band of Rs.40–43 per share and a total size of approximately Rs.125.5 crore.
The company operates in the plastics and packaging segment. Investors who participated in the issue will now be able to check allotment details, while the market will track the company’s proposed listing and subsequent trading activity.
