IPO Synopsis
| Manika Plastech Ltd |
|---|
| Registered Office: Gala No C/22-26 First Tax Free,Industrial Estate,Silvassa-396230, Dadra & Nagar Haveli |
| Tel. No: +91 260 297 7910 |
| Fax No: NA |
| Email: cs@manikaplastech.com |
| Website: www.manikaplastech.com |
| Initial public offering of up to 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 up to Rs. 125.5 Crores (the "Offer") comprising a fresh issue of up to 21,511,627 equity shares of face value of Rs. 2/- each aggregating up to Rs. 92.5 Crores by the company (the "Fresh Issue") and an offer for sale of up to 7,674,418 equity shares of face value of Rs. 2/- each aggregating up to Rs. 33 Crores by Vridaa Holding Trust ("the Promoter Selling Shareholder") ("Offer for Sale"). The offer will constitute [*] % of the post-offer paid-up equity share capital. Price Band: Rs. 40 to Rs. 43 per equity share of face value of Rs. 2 each. The floor price and the cap price are 20 times and 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 | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 11-Sep-2026 | 16-Sep-2026 | ₹40.00 - 43.00 | |
| Minimum Application for shares in Nos : 348.0 | Further Multiples of :348.0 |
|---|
| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 | Pantomath Capital Advisors Private Limited |
| Project Financed through Current Offer | 123.20 | |
| Post Issue Equity Share Capital | 23.30 | |
| Issue Price | 40.00 |
| 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 |
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| Nikunj Mohanlal Kapadia |
| Munjal Nikunj Kapadia |
| Mihir Nikunj Kapadia |
| Listing At |
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| BSE |
| NSE |
| Registrar To The Issue |
|---|
| MUFG Intime India Pvt Ltd |
