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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Manika Plastech Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹43
Per ShareLot Size
348 Shares
Minimum Investment
₹14,964
Issue Size
₹125.5 Cr
Face Value
₹2
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
74.94%
Issue Type
Book Building
ISIN
INE0KWF01020
As per the Technopak Report, we are a design-led, precision engineered, rigid polymer packaging manufacturing company, catering to diversified critical industries such as energy storage, dairy and edible food products, paints, and chemicals. Our Company's products are designed and developed in-house, with 30 designs registered as unique intellectual property, under the Designs Act, 2000 and the Designs Rules, 2001.
India is the fastest growing rigid polymer packaging market globally. The Indian rigid polymer packaging market has a large TAM, with a current size of INR 987.64 billion in FY 2024. It is projected to grow at a CAGR of 7.00%, reaching INR 1,385.22 billion by FY 2029. India's growth is driven by the country's expanding economy, rapid urbanization, and evolving consumer preferences. India's growth is driven by increasing demand from industries such as paint & lubricants, energy sector, food and beverages, personal care, e-commerce, pharmaceuticals, agrochemicals, etc., supported by a growing population and rising disposable incomes. The RPP sector plays a vital role in protecting products, enhancing their appeal, and ensuring convenience across industries.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 29,186,045 equity shares of face value of Rs. 2/- each ("Equity Shares") of the company for cash at a price of Rs. 43 per equity share (Including a Share Premium of Rs. 41 per Equity Share) ("Offer Price") aggregating to Rs. 125.5 Crores (the "Offer") comprising a fresh issue of 21,511,627 equity shares of face value of Rs. 2/- each aggregating to Rs. 92.5 Crores by the company (the "Fresh Issue") and an offer for sale of 7,674,418 equity shares of face value of Rs. 2/- each aggregating to Rs. 33 Crores by Vridaa Holding Trust ("the Promoter Selling Shareholder") ("Offer for Sale"). The offer constituted 25.05% of the post-offer paid-up equity share capital. Price Band: Rs. 43 per equity share of face value of Rs. 2 each. The floor price 21.50 times the face value of the equity shares, respectively. Bids can be made for a minimum of 348 equity shares of face value of Rs. 2 each and in multiples of 348 equity shares of face value of Rs. 2 each thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Manika Plastech Limited (our "Company" or the "Issuer") was incorporated under the Companies Act, 1956 as a private limited company under the name and style of `Manika Moulds Private Limited' pursuant a certificate of incorporation dated April 25, 1996 issued by the Additional Registrar of Companies, Maharashtra at Mumbai. Pursuant to an order dated December 10, 2014 passed by the Regional Director, Western Region, Mumbai, and pursuant to the resolutions passed by our Board of Directors at its meeting held on June 2, 2014 and by the Shareholders in the extra-ordinary general meeting held on June 28, 2014, the Registered Office of our Company was shifted from State of Maharashtra to State of Gujarat. Further, in order to align the name of our Company with the business operations carried out and with the main objects clause included in the Memorandum of Association, pursuant to resolutions passed by our Board of Directors at its meeting held on January 25, 2022 and by our Shareholders in the extra-ordinary general meeting held on January 28, 2022, the name of our Company was changed to `Manika Plastech Private Limited' and a fresh certificate of incorporation dated April 25, 2022 was issued by the Registrar of Companies, Gujarat at Ahmedabad. Subsequently, pursuant to resolutions passed by our Board of Directors at its meeting held on November 04, 2024 and by our Shareholders in the extra-ordinary general meeting held on November 28, 2024, our Company was converted into a public limited company, consequent to which its name was changed to `Manika Plastech Limited', and a fresh certificate of incorporation dated December 18, 2024, consequent to such conversion was issued by the Registrar of Companies, Central Processing Centre.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.