Manika Plastech Limited IPO
Manika Plastech Limited IPO
Mainboard NSE & BSE 100% Book Built Offer

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.

Manika IPO Size

Fresh Issue
₹115 Cr (TBA Shares)
Offer For Sale
Rs. TBA Cr (1.50 Cr Shares)

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

Manika IPO 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

Key Performance Indicators (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.

Promoter Holding

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

Lead Managers (1)

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

Explore More IPOs

Discover other active and upcoming IPOs.

Delete Comment?

Are you sure you want to delete this comment? This action cannot be undone.

Discussion

No comments yet. Be the first to share your thoughts!