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Manika Plastech Shares List at IPO Price, Decline About 5 Percent Post-Listing

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Manika Plastech Shares List at IPO Price, Decline About 5 Percent Post-Listing

Analysed 21 Sept 2026·3 sources analysed·Mumbai, India·Business
Manika Plastech Shares List at IPO Price, Decline About 5 Percent Post-ListingPreviousNext

Manika Plastech Ltd shares debuted on the stock market at the IPO issue price of Rs 43 on both BSE and NSE, reflecting a flat listing with no immediate premium. Shortly after listing, the stock declined about 5 percent to around Rs 40.85. The company's IPO, priced between Rs 40-43 per share, was subscribed 28.14 times, raising Rs 125.49 crore. Manika Plastech manufactures precision-engineered rigid polymer packaging for industries like energy storage, dairy, and chemicals. The post-listing dip suggests cautious investor sentiment despite strong IPO demand.

Sentiment
48%
TBN's observations

First-hand measurement across 3 sources

We measured how 3 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (48/100). Lens Score 35/100.

Outlets measured: freepressjournal, news18, moneycontrol. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 3 sources · Published under editorial oversight by The Balanced News
Analysed 21 Sept 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Neutral (48/100)

Sentiment was consistent across outlets (45–50/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

moneycontrol broke this story on 21 Sept, 04:30 am. Other outlets followed.

21 Sept, 04:30 am3 sources · 2 h21 Sept, 06:40 am
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
← Previous
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OFSS Shares Decline Amid Oracle Data Centre Debt Pressure and IT Sector Challenges
  1. 1
    moneycontrol21 Sept, 04:30 am
    Manika Plastech shares list flat at IPO price; should you buy, sell or hold?- Moneycontrol.com
  2. 2
    news1821 Sept, 06:32 am
    Manika Plastech shares debut at par with issue price; drop 5 pc later
  3. 3
    freepressjournal21 Sept, 06:40 am
    Manika Plastech Makes Flat Market Debut, Shares Slide 5 Soon After Listing

Who's involved

Institutions and figures named across source coverage.

Corporate
Manika Plastech LimitedManika Plastech

Story context

Category
Business
Location
Mumbai, India
Sources analysed
3
Last analysed
21 Sept 2026
Key entities
Indian rupeeBombay Stock ExchangeNational Stock Exchange of IndiaInitial public offeringMarket capitalizationPackaging and labelingPolymerChemical substanceCroreCommon stockPaintDairy