Manika Plastech Limited IPO

Manika Plastech Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Open

Price Band

₹

Total Issue

₹0.00 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Website DRHP

Business Overview

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.

Objects of Issue

  1. Funding the capital expenditure towards purchase of plant & machinery
  2. Repayment and/or pre-payment, in part or full, of certain borrowings availed by the Company
  3. General Corporate Purposes

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Manika IPO
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

KPIs

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.

Shareholding

Promoter

100.00%

Public

0.00%

VRIDAA Holding Trust 97%
Others 3%

Management

Nikunj Mohanlal Kapadia Chairman
Munjal Nikunj Kapadia MD
Mukesh Thakkar CFO

Registrar & Lead Managers

Registrar

MUFG Intime India

MUFG Intime India

Lead Managers (1)

Pantomath Capital Pantomath Capital

Frequently Asked Questions

What is Manika IPO?
Manika IPO is a Mainboard IPO having an issue size of ₹0.00 Crs. Manika IPO is priced at ₹ - ₹ per share. The issue opens on 16 Apr 26 and closes on 16 Apr 26.
When will Manika IPO open?
Manika IPO opens on 16 Apr 26 and closes on 16 Apr 26.
What is the GMP of Manika IPO?
The estimated Grey Market Premium of Manika IPO is ₹0 per share (-).
What is the lot size of Manika IPO?
The minimum lot size of Manika IPO is 0 shares & the minimum application amount is Rs. 0.
When is the allotment of Manika IPO?
The allotment date of Manika IPO is 16 Apr 26.
What is the listing date of Manika IPO?
The listing date of Manika IPO is 16 Apr 26.
What is the subscription of Manika IPO?
Manika IPO is subscribed -.
What is the price band of Manika IPO?
Manika IPO is priced at ₹ - ₹ per share.
How to check allotment status of Manika IPO?
Click the allotment link on Manika IPO page of IPO360.
How to apply Manika IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Manika IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Manika IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Manika IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date