Mumbai, Sept. 21 -- The scrip was listed at 113, matching the initial public offer (IPO) price.
So far, the stock has hit a high of Rs 43 and a low of Rs 40.86. On the BSE, over 4.10 lakh shares of the company were traded in the counter so far.
Manika Plastech was subscribed 28.14 times. The issue received bids for 60,18,93,840 shares against 2,13,86,919 shares on offer. The price band has been fixed at Rs 40 to Rs 43 per share, with a minimum bid of 348 equity shares and multiples thereof.
The issue comprised a fresh issue of shares aggregating up to Rs 92.50 crore and an offer for sale of up to 76.74 lakh equity shares. At the upper price band, the OFS is worth around Rs 33 crore.
Of the proceeds from the fresh issue, Rs 54.93 crore w...