Skip to main content
HOMEUNLISTED SHARESIPO CALENDARROAD TO IPOBLOGSPARTNER WITH US
MORE TO EXPLORE
OPEN DEMAT
ENQUIRE NOW
‹ BACK TO THE DEPARTURES BOARD
ONE SERVICE ON THE DEPARTURES BOARD

MANIKA PLASTECH IPO

NOW BOARDINGNSE, BSE · MAINBOARD · PACKAGING
INDICATIVE FARE / PRICE BAND
TBA
BAND INDICATIVE · NOTHING FINAL UNTIL THE RHP
FIGURES ON THIS PAGE AS OF 06 SEPT 2026, 12:03 IST · REFRESHED THROUGH THE DAY
THE FARE BOARD · KEY NUMBERS

BY THE NUMBERS.

PRICE BAND
TBA
THE TIMETABLE · FOUR STOPS
THE JOURNEY.
OPENS
11 SEPT 26
NEXT STOP
CLOSES
16 SEPT 26
SCHEDULED
ALLOTMENT
17 SEPT 26
SCHEDULED
LISTING
21 SEPT 26
SCHEDULED
ANCHOR BIDDING10 SEPT 26REFUNDS INITIATED18 SEPT 26SHARES IN DEMAT18 SEPT 26ANCHOR LOCK-IN ENDS · 30 DAY17 OCT 26ANCHOR LOCK-IN ENDS · 90 DAY16 DEC 26
TIMETABLE AS FILED · DATES CAN MOVE · CONFIRM AGAINST THE OFFICIAL RHP AND THE REGISTRAR
THE MANIFEST · ISSUE STRUCTURE

HOW THE ISSUE IS BUILT.

FACE VALUE
₹2
ISSUE TYPE
BOOK BUILD ISSUE
FRESH ISSUE
₹92.5 CR
OFFER FOR SALE
76,74,418 SHARES

The two legs send the money to different places: a fresh issue raises new capital for the company, while an offer for sale is existing shares being sold by existing shareholders, whose proceeds go to those sellers and not to the company.

FIGURES AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
THE SEATING PLAN · CATEGORY RESERVATION

WHO GETS WHICH SEATS.

QIB
Not more than 50% of the Offer size
NII (HNI)
Not less than 15% of the Offer
RETAIL
Not less than 35% of the Offer
CATEGORY SPLIT AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
THE GAUGES · VALUATION AND RETURNS

ON THE DASHBOARD.

EPS · PRE-ISSUE
2.36
RONW
15.18%
ROCE
18.77%
ROE
15.18%
PAT MARGIN
5.12%
EBITDA MARGIN
13.34%
NAV PER SHARE
₹15.54
DEBT / EQUITY
0.6
FIGURES STATED AS OF 31 MAR 2026 · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · A REPORTED RATIO IS NOT A VIEW ON VALUE · CONFIRM AGAINST THE OFFICIAL RHP
THE LOGBOOK · REPORTED FINANCIALS

THE RUNNING RECORD.

INR CR31 MAR 2431 MAR 2531 MAR 2630 JUN 26
ASSETS252.93320.99323.69317
TOTAL INCOME368.76412.59437.26162.71
PROFIT AFTER TAX11.5319.3322.413.07
EBITDA30.8645.358.1424.38
NET WORTH107.99125.17147.62156.78
RESERVES AND SURPLUS88.05105.29127.69136.97
TOTAL BORROWING93.0697.4588.1992.46
AMOUNTS IN INR CR · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · CONFIRM AGAINST THE OFFICIAL RHP
OTHER SERVICES ON THIS ROUTE · PEER GROUP

WHO ELSE RUNS THIS LINE.

PEEREPS (BASIC)EPS (DILUTED)NAV (₹ PER SHARE)P/E (X)RONW (%)P/BV RATIO
Manika Plastech · THIS ISSUER2.362.3615.5415.18
Hitech Corporation8.848.84165.7237.855.342.02
Mold-Tek Packaging21.9321.93207.6432.3410.563.43
Shaily Engineering Plastics36.9736.83155.9588.8523.7121.11
PEER GROUP STRUCK AS AT 31 MAR 2026 · AS PUBLISHED FOR THIS ISSUE · NOT LIVE MARKET QUOTES, AND NOT A COMPARISON DRAWN BY BUYUNLISTEDSHARES
THE NOTE PUBLISHED WITH THIS PEER GROUP

Notes: Basic and diluted earnings per Equity Share are computed in accordance with Indian Accounting Standard 33 notified under the Companies (Indian Accounting Standards) Rules of 2015 (as amended). Net asset value per share represents Net worth divided by total number of shares at the end of the year/period. Price/earnings ratio for the peer group has been computed based on the closing market price of equity shares on stock exchanges as on August 31, 2026, divided by the earnings per share for the Fiscal 2026. Return on Net Worth is calculated as Net profit for the period / year as a percentage of Net worth.

WHERE THE FARE GOES · OBJECTS OF THE ISSUE

WHAT THE MONEY IS FOR.

OBJECT OF THE ISSUEINR CR
Funding the capital expenditure towards purchase of plant and machinery54.93
Repayment and/or pre-payment, in part or full, of certain borrowings availed by Company15
General Corporate Purposes
INR CR 69.93 ALLOCATED IN TOTAL · OBJECTS AND AMOUNTS AS PUBLISHED FOR THIS ISSUE · AN OBJECT WITH NO AMOUNT AGAINST IT IS SHOWN AS PUBLISHED · CONFIRM AGAINST THE OFFICIAL RHP
ABOUT THIS SERVICE

Manika Plastech Limited is an Indian company engaged in the manufacturing of specialized polymer-based packaging solutions . The company primarily produces multilayer barrier films and containers, which are widely used in industries such as food and beverages, pharmaceuticals, personal care, agrochemicals, and lubricants. These packaging solutions are designed to enhance product shelf life, maintain quality, and provide protection from moisture, oxygen, and other environmental factors. Manika Plastech is known for using advanced co-extrusion technology to manufacture high-barrier multilayer containers and films. It serves both domestic and international markets and has built long-term partnerships with major clients by offering customized, reliable, and innovative packaging products. The company emphasizes sustainability, efficiency, and adherence to global quality standards in its manufacturing processes. Currently, it has seven operating facilities in Dehradun, Hosur, Panipat, Una and Dadra across 51,000 square meters with an installed capacity of 27,600 MTPA. Also, the company has five warehouses in Hosur, Dehradun, Jodhpur and Katni. Competitive strengths Proximity to key customers locations with operational flexibility Entry Barriers for Competitors and Retention Drivers/Exit Barriers for customers Integrated value-added services through in-house design, development, and labelling capabilities Diverse industry applications / customer base / suppliers / location / product portfolio Longstanding relationships with well-known customers and well-established supply chain Integrated quality assurance infrastructure

THE CREW · WHO IS RUNNING THIS SERVICE

ON THE ROSTER.

PROMOTERS
NAMES
Nikunj Mohanlal Kapadia, Munjal Nikunj Kapadia, Mihir Nikunj Kapadia, Pratik Nikunj Kapadia, Vridaa Holding Trust
HOLDING PRE-ISSUE
100%
BOOK-RUNNING LEAD MANAGERS
1 APPOINTED
Pantomath Capital Advisors Pvt.Ltd.
REGISTRAR TO THE ISSUE
NAME
MUFG Intime India Pvt.Ltd.
PHONE
022-49186000
THE COMPANY
PHONE
+91 22 4223 4300
REGISTERED OFFICE
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
DETAILS AS PUBLISHED FOR THIS ISSUE · ALLOTMENT IS HANDLED BY THE REGISTRAR, NOT BY BUYUNLISTEDSHARES · WE NEVER ASK FOR PAN OR APPLICATION DETAILS
THE ENQUIRY DESK · QUESTIONS

COMMON QUESTIONS.

What is the Manika Plastech IPO price band?+

The price band for the Manika Plastech IPO has not been announced yet. It is set by the company and its bankers and stated in the offer document.

When does the Manika Plastech IPO open and close?+

The issue opens on 11 Sept 2026 and closes on 16 Sept 2026. Dates can move — the registrar and the exchange notices are the record.

When is the Manika Plastech IPO allotment?+

Allotment is scheduled for 17 Sept 2026. The basis of allotment is published by the registrar to the issue. BuyUnlistedShares does not accept, process or track IPO applications.

When does Manika Plastech list?+

Listing is scheduled for 21 Sept 2026 on NSE, BSE.

Where will Manika Plastech be listed?+

Manika Plastech is proposed for listing on NSE, BSE. It is a mainboard issue.

What is the difference between the fresh issue and the offer for sale in the Manika Plastech IPO?+

Money raised through the fresh issue goes to the company, which spends it on the purposes set out in the offer document. Money raised through the offer for sale goes to the shareholders who are selling, not to the company. That is a fact about how the issue is structured, not a view on it.

Who is the registrar for the Manika Plastech IPO?+

The registrar to the issue is MUFG Intime India Pvt.Ltd. (022-49186000), manikaplastech.ipo@in.mpms.mufg.com.

Where can I check the Manika Plastech IPO allotment status?+

Allotment status is published by the registrar on its own official portal: https://in.mpms.mufg.com/Initial_Offer/public-issues.html. Use the registrar's site directly — BuyUnlistedShares does not ask for PAN, application numbers or any other applicant detail.

‹ SEE EVERY SERVICE ON THE DEPARTURES BOARD
ASK ABOUT UNLISTED SHARES →
PRE-IPO STOCK ONLY · WE DO NOT ACCEPT IPO APPLICATIONS
Dates, price band, lot size, issue size and subscription figures are indicative and subject to the official Red Herring Prospectus (RHP). Application amounts shown in the fare table are arithmetic on the lot size and the upper band against SEBI's category thresholds — they are not an application facility and we do not accept IPO applications. GMP is unofficial grey-market chatter that changes daily — not a target, not a quote and not a recommendation. This page is information only: it is not an offer to deal and not investment advice. BuyUnlistedShares provides information and research, not buy/sell recommendations. All IPOs carry market risk — read the RHP and assess suitability before applying.
© 2026 BUYUNLISTEDSHARES · A BRAND OF GAYATRI FINANCIAL SYNERGY · SINCE 2002 · ‹ BACK TO THE RIDE
TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,200 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,950 · NATIONAL STOCK EXCHANGE (NSE) ₹2,035 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹248 · BIRA 91 (B9 BEVERAGES LIMITED) ₹78 · ZEPTO ₹32 · ORAVEL STAYS (OYO ROOMS) ₹24.5 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,200 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,950 · NATIONAL STOCK EXCHANGE (NSE) ₹2,035 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹248 · BIRA 91 (B9 BEVERAGES LIMITED) ₹78 · ZEPTO ₹32 · ORAVEL STAYS (OYO ROOMS) ₹24.5 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —