IPO

IPO Synopsis

Manika Plastech Ltd
Registered Office: Gala No C/22-26 First Tax Free,Industrial Estate , Silvassa - 396230 , Dadra & Nagar Haveli , India.
Phone : +91 260 297 7910   Fax:
Email :  cs@manikaplastech.com  
Website :  www.manikaplastech.com
Initial public offering of up to 29,186,045 equity shares of face value of Rs2/- each ("Equity Shares") of the company for cash at a price of Rs43 per equity share (Including a Share Premium of Rs41 per Equity Share) ("Offer Price") aggregating up to Rs125.5 Crores (the "Offer") comprising a fresh issue of up to 21,511,627 equity shares of face value of Rs2/- each aggregating up to Rs92.5 Crores by the company (the "Fresh Issue") and an offer for sale of up to 7,674,418 equity shares of face value of Rs2/- each aggregating up to Rs33 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: Rs40 to Rs43 per equity share of face value of Rs2 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 Rs2 each and in multiples of 348 equity shares of face value of Rs2 each thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
11-Sep-26 16-Sep-26 Rs 40.00-43.00 Rs 0.00-0.00
Minimum Application for shares in Nos :348  Further Multiples of :348
  (Rs 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 Rs 40.00
Projects
Funding the capital expenditure towards purchase of plant and machinery General Corporate Purposes(1)
Repayment and/or pre-payment, in part or full, of certain borrowings availed by the Company
Promoted By Listing At Registrar to the Issue
  Nikunj Mohanlal Kapadia
  Munjal Nikunj Kapadia
  Mihir Nikunj Kapadia
 BSE
 NSE
 MUFG Intime India Pvt Ltd
Monday, September 07, 2026 12:00:00 AM
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