Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Manika Plastech Ltd. on October 29, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Manika Plastech Ltd. IPO is a Book Build Issue consisting of fresh issue of ₹115.00 crores and an offer for sale (OFS) of upto 1.50 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. Pantomath Capital Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Manika Plastech IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Fresh Issue | [.] shares (agg. up to ₹115 Cr) |
| Offer for Sale | 1,50,00,000 shares of ₹2 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 9,50,00,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Jul 2, 2025 |
| SEBI/Exchange approval received | Wed, Oct 29, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer size |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
Manika Plastech Limited is an Indian company engaged in the manufacturing of specialized polymer-based packaging solutions. The company primarily produces multilayer barrier films and containers, which are widely used in industries such as food and beverages, pharmaceuticals, personal care, agrochemicals, and lubricants. These packaging solutions are designed to enhance product shelf life, maintain quality, and provide protection from moisture, oxygen, and other environmental factors.
Manika Plastech is known for using advanced co-extrusion technology to manufacture high-barrier multilayer containers and films. It serves both domestic and international markets and has built long-term partnerships with major clients by offering customized, reliable, and innovative packaging products.
The company emphasizes sustainability, efficiency, and adherence to global quality standards in its manufacturing processes.
Currently, it has seven operating facilities in Dehradun, Hosur, Panipat, Una and Dadra across 51,000 square meters with an installed capacity of 27,600 MTPA. Also, the company has five warehouses in Hosur, Dehradun, Jodhpur and Katni.
Competitive strengths
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 298.23 | 252.22 | 217.86 | 198.67 |
| Total Income | 301.75 | 368.76 | 399.16 | 333.54 |
| Profit After Tax | 11.69 | 11.55 | 11.32 | 9.97 |
| EBITDA | 30.10 | 30.98 | 33.74 | 31.96 |
| NET Worth | 117.39 | 107.85 | 98.26 | 89.77 |
| Reserves and Surplus | 97.51 | 87.91 | 78.27 | 69.80 |
| Total Borrowing | 100.37 | 93.06 | 62.63 | 68.08 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the capital expenditure towards purchase of plant and machinery | 59.82 |
| 2 | Repayment and/or pre-payment, in part or full, of certain borrowings availed by our Company | 25.00 |
| 3 | General Corporate Purposes |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 10.70% |
| ROCE | 8.91% |
| Debt/Equity | 0.86 |
| RoNW | 10.70% |
| PAT Margin | 3.13% |
| EBITDA Margin | 8.59% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
Lead Manager Reports
Manika Plastech IPO is a main-board IPO of 0 equity shares of the face value of ₹2 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Manika Plastech IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Manika Plastech IPO using UPI as a payment gateway. Zerodha customers can apply in Manika Plastech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Manika Plastech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Manika Plastech IPO dates are not announced. Please check back again after some time.
Manika Plastech IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Manika Plastech IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Manika Plastech IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Manika Plastech IPO allotment status.
The Manika Plastech IPO listing date is not yet announced. The tentative date of listing is .
