Manika Plastech IPO Details
Manika Plastech IPO Market Lot
The Manika Plastech IPO minimum market lot is 348 shares with ā¹14,964 application amount. The retail investors can apply up-to 13 lots with 4,524 shares of ā¹1,94,532 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 348 | ā¹14,964 |
| Retail Maximum | 13 | 4,524 | ā¹1,94,532 |
| S-HNI Minimum | 14 | 4,872 | ā¹2,09,496 |
| S-HNI Maximum | 66 | 22,968 | ā¹9,87,624 |
| B-HNI Minimum | 67 | 23,316 | ā¹10,02,588 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 87,55,813 Shares | 30% |
| QIB (Ex. Anchor) | 58,37,210 Shares | 20% |
| NII Shares Offered | 43,77,907 Shares | 15% |
| Retail Shares Offered | 1,02,15,116 Shares | 35% |
Manika Plastech IPO Anchor Investors
Manika Plastech IPO Dates
The Manika Plastech IPO date is September 11 and the close date is September 16. The Manika Plastech IPO allotment will be finalized on September 17 and the IPO listing on September 21.
| IPO Open Date: | September 11, 2026 |
| IPO Close Date: | September 16, 2026 |
| Basis of Allotment: | September 17, 2026 |
| Refunds: | September 18, 2026 |
| Credit to Demat Account: | September 18, 2026 |
| IPO Listing Date: | September 21, 2026 |
Promoters and Holding Pattern
The promoters of the company are Nikunj Mohanlal Kapadia, Munjal Nikunj Kapadia, Mihir Nikunj Kapadia, Pratik Nikunj Kapadia and Vridaa Holding Trust.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
| Promoter and Promoter Group | 95,000,000 | 100% | 87,325,582 | 74.95% |
| Others* | – | -% | 29,186,045 | 25.05% |
| Total | 95,000,000 | 100% | 116,511,627 | 100% |
Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
| Funding the capital expenditure towards purchase of plant and machinery | ā¹59.82 |
| Repayment and/or pre-payment, in part or full, of certain borrowings availed by our Company | ā¹25.00 |
| General Corporate Purposes | ā¹- |
About Manika Plastech
Since its incorporation in 1996, Manika Plastech has been involved in the manufacturing of rigid polymer packaging products. Its product range includes the manufacturing of battery casings, pails, and thin-wall containers used in packaging, industrial, and consumer applications.
Manika Plastech provides complete polymer packaging solutions, from design, development, sourcing of raw materials, manufacturing, heat sealing, labelling, and delivery. Moreover, the company operates 7 manufacturing facilities situated in Dehradun, Hosur, Panipat, Una, and Dadra, and 1 painting facility located in Hosur. As of June 2026, the company has served 168 to 242 customers across various industries such as automotive, energy storage, telecommunications, paints, lubricants, agrochemicals, construction chemicals, food, and dairy.
Company Financials
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ā¹368.76 | ā¹352.40 | ā¹11.53 | ā¹252.93 |
| 2025 | ā¹412.59 | ā¹387.16 | ā¹19.33 | ā¹320.99 |
| 2026 | ā¹437.26 | ā¹406.83 | ā¹22.40 | ā¹323.69 |
| June 2026 | ā¹162.71 | ā¹145.16 | ā¹13.07 | ā¹317.00 |
Company Valuation – FY2026
Check Manika Plastech IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 15.18% |
| ROCE: | 18.77% |
| EBITDA Margin: | 13.34% |
| PAT Margin: | 5.12% |
| Debt to equity ratio: | 0.60 |
| Earning Per Share (EPS): | ā¹2.36 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 15.18% |
| Net Asset Value (NAV): | ā¹15.54 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Hitech Corporation Limited | 8.84 | 37.85 | 5.34% | 165.72 | 640.40 Cr. |
| Mold-Tek Packaging Limited | 21.93 | 32.34 | 10.56% | 207.64 | 886.61 Cr. |
| Shaily Engineering Plastics Limited | 36.97 | 88.85 | 23.71% | 155.95 | 990.67 Cr. |
IPO Lead Managers aka Merchant Bankers
- Pantomath Capital Advisors Pvt. Ltd.
Company Address
Manika Plastech Ltd.
Gala Number C/22-26,
First Tax Free Industrial Estate, Silvassa
Khanvel Road, Village Saily,
Silvassa, Dadra and Nagar Haveli and Daman and Diu, 396230
Phone: +91 22 4223 4300
Email: cs@manikaplastech.com
Website: http://www.manikaplastech.com/
IPO Registrar
MUFG Intime India Pvt. Ltd.
Phone: 022-49186000
Email: manikaplastech.ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
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