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Manika Plastech Ltd IPO

Listed Mainboard BSE, NSE Bookbuilding IPO
Min Investment
₹14,964
348 shares · 1 lot

Manika Plastech Ltd IPO was priced at ₹40–₹43 per share with an issue size of ₹125 crore. The IPO opened on Sep 11, 2026 and closed on Sep 16, 2026, with a lot size of 348 shares and a minimum investment of ₹14,964.

Open
11 Sep
Close
16 Sep
Allotment
17 Sep
Refund
18 Sep
Listing
21 Sep

Market Sentiment

Grey Market Premium

Full history →
+₹2.00 +4.7%
Est. listing: ₹45
Updated 20 Sep 2026
GMP is an informal, unregulated grey-market figure. It is not a guaranteed listing price and can move sharply during the bidding window.

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IPO Details

Price Band ₹40.00 - ₹43.00 per share
Lot Size348 shares
Min Investment₹14,964
Total Issue Size ₹125.00 crore
Shares Offered2,91,86,045
Issue Structure Fresh Issue + Offer for Sale
Issue TypeBookbuilding IPO
Lead Manager(s)Pantomath Capital Advisors Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.
Listing AtBSE, NSE

Quick Profit Calculator

Issue price ₹43 · lot size 348 shares · estimated listing price ₹45 (GMP +₹2)

Category Lots Shares Investment Value at listing Profit
Retail (Min) 1 348 ₹14,964 ₹15,660 +₹696
Retail (Max) 13 4,524 ₹1,94,532 ₹2,03,580 +₹9,048
S-HNI (Min) 14 4,872 ₹2,09,496 ₹2,19,240 +₹9,744
S-HNI (UPI limit) 33 11,484 ₹4,93,812 ₹5,16,780 +₹22,968
S-HNI (Max) 66 22,968 ₹9,87,624 ₹10,33,560 +₹45,936
B-HNI (Min) 67 23,316 ₹10,02,588 ₹10,49,220 +₹46,632
Estimated from the grey market premium, an informal and unregulated figure that moves sharply and frequently differs from the eventual listing price. Not a forecast. Assumes full allotment, which is rarely guaranteed when an issue is oversubscribed.

Financial Analysis

EPS
₹2.36
P/E (Post)
9.58 x
RoNW
8.34%
RoCE
8.34%
Net Worth
₹156.78 Cr
MetricLatest Reported
Total Income₹162.71 Cr
Profit After Tax₹13.07 Cr
Net Worth₹156.78 Cr

Promoters & Holding

Promoters: Nikunj Mohanlal Kapadia, Munjal Nikunj Kapadia, Mihir Nikunj Kapadia, Pratik Nikunj Kapadia, Vridaa Holding Trust

Promoter Holding (Pre-Issue)95000000%
Promoter Holding (Post-Issue)116511627%

Strengths & Risks

Strengths

  • The company has a diversified customer base across multiple end-user industries.
  • Long operating history of over two decades has enabled it to build relationships across multiple industries.
  • The company provides end-to-end rigid polymer packaging solutions.

Risks & Concerns

  • Dependence on a limited number of customers for a significant portion of revenue.
  • Fluctuations in raw material prices may impact profitability.
  • Competition from other packaging manufacturers.
Summarised from the company's own DRHP/RHP disclosures. Informational only, not investment advice — always read the full prospectus before applying.

Company Information

Manika Plastech Limited is engaged in the manufacturing of rigid polymer packaging products, including battery casings, pails and thinwall containers.

Founded1996
HeadquartersDadra and Nagar Haveli and Daman and Diu
IndustryPackaging
Websitehttps://www.manikaplastech.com/

Objects of the Issue

  • Funding the capital expenditure towards purchase of plant and machinery
  • Repayment and/or pre-payment, in part or full, of certain borrowings availed by Company
  • General Corporate Purposes

Registrar & Allotment

RegistrarMUFG Intime India Pvt.Ltd.
Phone022-49186000
Email[email protected]

Resources & Documents

Frequently Asked Questions

11 answers about Manika Plastech Ltd IPO — dates, pricing, allotment and listing.

Manika Plastech Ltd IPO is a bookbuilding ipo of ₹125 crore. The issue was priced at ₹40–₹43 per share, with a lot size of 348 shares. Bidding ran from Fri, 11 Sep 2026 to Wed, 16 Sep 2026, with shares listed on BSE and NSE.

The price band was ₹40–₹43 per share.

One lot was 348 shares. Bids had to be placed in multiples of 348.

A retail investor needed at least ₹14,964 – one lot of 348 shares at ₹43, the upper end of the price band.

Manika Plastech Ltd IPO opened on Fri, 11 Sep 2026 and closed on Wed, 16 Sep 2026.

Allotment was finalised on Thu, 17 Sep 2026.

Manika Plastech Ltd shares were listed on Mon, 21 Sep 2026 on BSE and NSE.

The company intended to use the net proceeds towards funding the capital expenditure towards purchase of plant and machinery, repayment and/or pre-payment, in part or full, of certain borrowings availed by company and general corporate purposes.

Pantomath Capital Advisors Pvt.Ltd. is the book running lead manager. MUFG Intime India Pvt.Ltd is the registrar to the issue.

Category-wise demand from retail, NII and QIB bidders is on the Manika Plastech Ltd IPO subscription page, and on the BSE and NSE websites.

From Thu, 17 Sep 2026, check the Manika Plastech Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.