BSE List Price : ₹

NSE List Price : ₹

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Category	Times
QIBs	11.22x
HNIs	66.58x
Retail	23.98x
Total : 29.46x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	1	348	₹14,964
Retail Maximum	13	4,524	₹194,532
S-HNI Minimum	14	4,872	₹209,496
S-HNI Maximum	66	22,968	₹987,624
B-HNI Minimum	67	23,316	₹1,002,588

About the Company

Since its establishment in 1996, Manika Plastech has been engaged in the manufacturing of rigid polymer packaging solutions. The company's product portfolio includes battery casings, pails, and thin-wall containers, catering to packaging, industrial, and consumer applications.

Manika Plastech offers end-to-end polymer packaging solutions covering design and development, raw material sourcing, manufacturing, heat sealing, labelling, and product delivery. The company operates seven manufacturing facilities across Dehradun, Hosur, Panipat, Una, and Dadra, along with one painting facility in Hosur. As of June 2026, the company has catered to 168 to 242 customers across diverse sectors, including automotive, energy storage, telecommunications, paints, lubricants, agrochemicals, construction chemicals, food, and dairy.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2024	₹368.76	₹352.40	₹11.53	₹252.93
2025	₹412.59	₹387.16	₹19.33	₹320.99
2026	₹437.26	₹406.83	₹22.40	₹323.69
June 2026	₹162.71	₹145.16	₹13.07	₹317.00

Company Promoter

Nikunj Mohanlal Kapadia

Munjal Nikunj Kapadia

Mihir Nikunj Kapadia

Pratik Nikunj Kapadia

Vridaa Holding Trust

Know before investing

• • Strengths

  Strategic Location Near Key Customers: The company's manufacturing facilities are strategically positioned near the production facilities of its major customers. This proximity provides operational flexibility, enhances responsiveness, supports customer retention and enables efficient service delivery.

  Integrated Value-Added Capabilities: In addition to manufacturing, Manika Plastech offers integrated in-house design, product development and labelling services. These capabilities allow the company to deliver customised and comprehensive rigid polymer packaging solutions.

• • Risks

  Significant Customer Concentration: The top five customers accounted for approximately 58%–69% of operating revenue during the three months ended June 30, 2026 and the preceding three Fiscal years. The loss of a key customer or a substantial decline in revenue generated from these customers could have a material adverse impact on the company's business and financial performance.

  Reliance on Battery Casings: Battery casings represented approximately 54%–68% of revenue from operations during the three months ended June 30, 2026 and the preceding three Fiscal years. Any significant reduction in sales of battery casings could negatively impact the company's business, financial condition, results of operations and cash flows.

Objects of the Issue & Utilisation of proceeds

Funding the capital expenditure towards purchase of plant and machinery.

Repayment and/or pre-payment, in part or full, of certain borrowings availed by our Company.

General Corporate Purposes.

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