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.
Opens On
Closes On
11-Sep-2026
16-Sep-2026
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
- 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)
- Nikunj Mohanlal Kapadia
- Munjal Nikunj Kapadia
- Mihir Nikunj Kapadia
- BSE
- NSE
- MUFG Intime India Pvt Ltd
