Manika Plastech Limited

Minimum Investments

₹13,920

Price Range

₹40 - ₹43

Issue Size

₹125.50 Cr

Lot Size

348shares

Proceeds of this IPO to be used for

Funding the capital expenditure towards purchase of plant and machinery

Repayment/pre-payment, in part or full, of certain borrowings availed by the company

General corporate purposes

Strengths & Weaknesses

Customer-centric manufacturing

The company follows a customer-centric manufacturing strategy by locating facilities close to clients, enabling faster delivery, reduced inventory costs, and better production planning, which provides a competitive advantage

Scalable infrastructure

The RPP industry demands scalable infrastructure to meet customer growth. With six manufacturing facilities—four near key customers—the company ensures accessibility, quality, and service. Long-term relationships and high entry barriers provide a competitive edge over new entrants

In-house design & development

To meet changing customer needs, the company launches new products independently or on request, using in-house design capabilities and market insights. It offers end-to-end RPP solutions from design to delivery managing everything from product development to mould procurement and manufacturing

Limited track record

The company recently diversified into thinwall containers and automotive component painting in 2024, and has a limited track record in these segments. Inadequate risk management in these new areas could affect its business and financial health

Regulatory changes on plastic waste

Growing awareness and regulations around plastic waste, including potential bans in India, may impact key raw materials or end-use products packaged using the company's offerings. Such changes could adversely affect its business, financial condition, cash flows, and operations

Customer trust

The company manufactures RPP products like battery casings, pails, and thinwall containers, which must meet strict quality and technical standards. Despite established quality controls, any supply of defective or non-conforming products could harm customer relationships and negatively impact business and financial performance

Financials

Income Statement

Also called a profit and loss statement, an income statement shows a company’s income, expenses, and how much profit or loss it has made over a specific accounting period. It provides a clear view of how well the business is running.

Particulars (in Cr)	Jun 2026	Q/Q Change
Operating Revenue	162.45	-
Other Income	0.26	-
Total Income	162.71	-
Total Expenditure	138.07	-
EBIDT	24.64	-
Depreciation	3.62	-
Interest	3.46	-
Tax	4.48	-
Net Profit	13.07	-

Balance Sheet

A balance sheet is a financial statement that details a company’s assets, liabilities, and shareholders’ equity at a given time. It helps assess how financially strong and stable the company is.

Particulars (in Cr)	Mar 2026
Total Current Assets	154.35
Total Non-Current Assets	169.35
Fixed assets	162.29
Total Assets	323.69
Total Current liabilities	137.09
Total Non Current Liabilities	38.98
Total Equity Plus Liabilities	323.69
Total Shareholder Funds	147.62
Total Debt to Equity	60.00%

Cash Flow

Cash flow highlights the cash or cash equivalents moving in and out of a company during a particular period. It provides a clear picture of how well a company manages its cash by tracking its operating, investing and financing activities.

Particulars (in Cr)	Mar 2026
Cash from Operating Activity	44.30
Cash from Financing Activities	-26.39
Cash from Investing Activities	-18.72
Net Cash Flow	-0.81

About the Company

Manika Plastech was incorporated on April 25, 1996. The company is a design-led manufacturer of precision-engineered rigid polymer packaging for industries such as energy storage, dairy, food, paints, and chemicals. With 36 registered designs, its in-house developed products include battery casings, pails, and thinwall containers, tailored for durability, safety, and application-specific performance across diverse industrial and consumer segments

Promoter
Nikunj Mohanlal Kapadia
Promoter
Munjal Nikunj Kapadia
Promoter
Mihir Nikunj Kapadia
Promoter
Pratik Nikunj Kapadia
Promoter
VRIDAA Holding Trust

FAQs for Manika Plastech Limited IPO

Manika Plastech Limited IPO refers to the initial public offering of shares by Manika Plastech Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

For Manika Plastech Limited IPO the issue size is ₹126 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

For Manika Plastech Limited IPO the minimum investment is ₹13.9 K. The minimum investment for Manika Plastech Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

For Manika Plastech Limited IPO the lot size is 348 shares. The lot size of Manika Plastech Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

To apply for Manika Plastech Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Manika Plastech Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Manika Plastech Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Manika Plastech Limited IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

For Manika Plastech Limited IPO the allotment date is 17 Sep 2026. The allotment date of Manika Plastech Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

For Manika Plastech Limited IPO, the subscription opens on 11 Sep 2026 and closes on 16 Sep 2026. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.