Manika Plastech is a design-led, precision-engineered rigid polymer packaging manufacturer catering to diverse critical industries, including energy storage, dairy and edible food products, paints, and chemicals. With a focus on application-specific performance, durability, product safety, and efficiency, its portfolio includes high-performance battery casings, pails, and thin-wall containers designed for industrial and consumer use. All products are developed in-house, supported by 36 registered designs under the Designs Act, 2000, of which two are under renewal.
Price Band₹ |
Dates- |
GMP₹0 (-) |
Subscriptions- |
Issue Size₹115.00 Crs |
Manika IPO Objects
- Funding the capital expenditure towards purchase of plant & machinery
- Repayment and/or pre-payment, in part or full, of certain borrowings availed by the Company
- General Corporate Purposes
Manika IPO Details
Price Band₹ |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹115.00 Cr (1.50 Cr Shares) |
Offer For Sale( Shares) |
Total Issue₹115.00 Cr ( Shares) |
Face Value₹2 per equity share |
Manika IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
1
1
Maximum
2,00,000
2,00,000
2,00,000
|
|||
| Small HNI |
Minimum
2,00,000
2,00,000
2,00,000
Maximum
10,00,000
10,00,000
10,00,000
|
|||
| Big HNI |
Minimum
10,00,000
10,00,000
10,00,000
|
|||
Manika IPO GMP
The estimated Grey Market Premium of Manika IPO is ₹0 per share (-)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Manika IPO Financials
| Particulars | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 295.58 | 360.77 | 396.51 | 332.82 |
| Profit after Tax | 11.69 | 11.55 | 11.32 | 9.97 |
| Net Worth | 117.39 | 107.85 | 98.26 | 89.77 |
| Total Borrowing | 100.37 | 93.06 | 62.63 | 68.08 |
| Total Assets | 298.23 | 252.22 | 217.86 | 198.67 |
| NAV per share (in ₹) | 12.36 | 11.35 | 10.34 | 9.45 |
| EPS - Basic (in ₹) | 1.23 | 1.22 | 1.19 | 1.02 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| EBITDA | 8.59% |
| PAT | 3.13% |
| ROE | 10.70% |
| ROCE | 8.91% |
| Debt to Equity | 0.86 |
- All the data pertains to FY 2023-24.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Manika IPO Peer Comparision
Manika IPO Peer Comparision
Promoter Details
| Name | Shareholding |
|---|---|
| VRIDAA Holding Trust | 97% |
| Others | 3% |
| Total | 100% |
Management Details
| Name | Designation |
|---|---|
| Nikunj Mohanlal Kapadia | Chairman |
| Munjal Nikunj Kapadia | MD |
| Mukesh Thakkar | CFO |
Company Details
Name: MANIKA PLASTECH LIMITED
Address: Gala Number C/22-26, First Tax Free Industrial Estate, Silvassa Khanvel Road, Village Saily, Silvassa – 396 230, Dadra & Nagar Haveli, India.
Number: +91 22 4223 4300
Email: cs@manikaplastech.com
Website: www.manikaplastech.com
Book Running Lead Managers (BRLMs)
Pantomath Capital
Visit WebsiteRTAs
MUFG Intime India
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Manika IPO is a Mainboard IPO having an issue size of Rs. ₹115.00 Crs. Manika IPO is priced at ₹ - ₹ per share. The issue opens on 05 Dec 25 and closes on 05 Dec 25.
Manika IPO opens on 05 Dec 25 and closes on 05 Dec 25.
The estimated Grey Market Premium of Manika IPO is ₹0 per share (-).
The minimum lot size of Manika IPO is shares & the minimum application amount is Rs. 0.
The allotment date of Manika IPO is 05 Dec 25.
The listing date of Manika IPO is 05 Dec 25.
Manika IPO is subscribed -.
Manika IPO is priced at ₹ - ₹ per share.
Click the allotment link on Manika IPO page of IPO360.
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- Money will remain blocked till the refund date
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