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Manika Plastech Limited IPO DRHP
Manika Plastech Limited IPO

Manika Plastech Limited IPO DRHP

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 Objects

  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 Details

Price Band

Listing At

NSE & BSE

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹115.00 Cr ( Shares)

Offer For Sale

(1.50 Cr Shares)

Total Issue

( Shares)

Face Value

₹2 per equity 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

(Rs. in crores)

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.

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)

RTAs

MUFG Intime India
MUFG Intime India
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Frequently 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. ₹0.00 Crs. Manika IPO is priced at ₹ - ₹ per share. The issue opens on 11 Feb 26 and closes on 11 Feb 26.

Manika IPO opens on 11 Feb 26 and closes on 11 Feb 26.

The estimated Grey Market Premium of Manika IPO is ₹0 per share (-).

The minimum lot size of Manika IPO is 0 shares & the minimum application amount is Rs. 0.

The allotment date of Manika IPO is 11 Feb 26.

The listing date of Manika IPO is 11 Feb 26.

Manika IPO is subscribed -.

Manika IPO is priced at ₹ - ₹ per share.

Click the allotment link on Manika IPO page of IPO360.

  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

  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

  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