• SENSEX 74,529.08
    -329.91 (--0.44%)
  • BANKNIFTY 56,215.55
    -255.10 (--0.45%)

IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Manika Plastech Ltd

Manika Plastech Ltd

    Registered Office : Gala No C/22-26 First Tax Free,Industrial Estate,Silvassa Dadra & Nagar Haveli 396230 Phone : +91 260 297 7910
    Fax :

    Email : cs@manikaplastech.com

    Website : www.manikaplastech.com

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.

Issue

Opens On

Closes On

11-Sep-2026

16-Sep-2026

Money Payable On

Application

Allotment

43.00

0.00

Minimum Application for shares in Nos : 348.0 Further Multiples of : 348.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

81.64

125.50

23.30

43.00

Pantomath Capital Advisors Private Limited

Projects
  • Funding the capital expenditure towards purchase of plant and machinery
  • Repayment and/or pre-payment, in part or full, of certain borrowings availed by the Company
  • General Corporate Purposes(1)
Promoted By
  • Nikunj Mohanlal Kapadia
  • Munjal Nikunj Kapadia
  • Mihir Nikunj Kapadia
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • MUFG Intime India Pvt Ltd