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Manika Plastech Ltd.

NSE & BSE
ListedListed on 21 Sept 2026+0.0%

₹40–43

₹ 92 Cr

348 Shares

₹ 13,920

₹2

Financial Summary

Consolidated(in ₹ million)
ParticularsFY 2025-26FY 2024-25
4,359.824,065.02
12.7960.89
4,372.614,125.91
3,778.423,612.02
304.35254.33
224.02193.31

Subscription Details

28.14xTotal
Subscription
22.72x
63.09x
10.94x
0.00x

IPO Timeline

IPO Offer Start

11 Sept 2026

IPO Offer Ends

16 Sept 2026

21 Sept 2026

Use of Proceeds

#PurposeAmount (₹ Million)
1Funding the capital expenditure towards purchase of plant and machinery587.73
2Repayment and/or pre-payment, in part or full, of certain borrowings availed by our150

Promoters

Nikunj Mohanlal KapadiaMunjal Nikunj KapadiaMihir Nikunj KapadiaPratik Nikunj KapadiaVridaa Holding Trust

Book Running Lead Managers

Pantomath Capital Advisors Pvt Ltd.

Promoter Shareholding

Pre-IPO

100.00%

Promoter stake

Post-IPO

74.95%

Promoter stake

Offered to Public

2,13,86,919

shares

Post Share Capital

8,73,25,582

shares

IPO Registrar

MUFG Intime India Pvt Ltd.

About the Company

With focus on application specific performance, durability, product safety and efficiency, we have our productportfolio built around precision engineered solutions such as high-performance battery casings, pail & thinwallcontainers, each tailoring to serve industrial and consumer use cases. These offerings cater to a broad spectrum ofindustries, including automotive, energy storage, telecommunications, paints, lubricants, agrochemicals, food, anddairy, among others. Our Company undertakes production in injection moulded, rigid polymer components, suchas precision battery casings that are integral to the performance and durability of energy storage systems. Whilepails serve packaging needs across paints, lubricants, and industrial chemicals, the food grade thinwall containersare used for secure packaging and distribution of dairy and edible products. The packaging is designed to alignwith the shelf life of the product it holds, ensuring that its structural strength, ability to protect, and ease of handlingare maintained throughout the product’s expected lifecycle, across different end use environment.

Use of Proceeds

1. Funding the capital expenditure towards purchase of plant and machinery;2. Repayment/pre-payment, in part or full, of certain borrowings availed by our Company; and3. General Corporate Purposes.

IPO FAQs

The Manika Plastech Ltd. IPO has a total of ₹92 crore, calculated at the upper end of the .

The Manika Plastech Ltd. IPO is priced at ₹40–43 per share. bids must fall within this , against a of ₹2 per share.

The for the Manika Plastech Ltd. IPO is 348 shares, which is also the minimum order quantity — you have to apply for at least 348 shares, and in multiples of 348 beyond that.

The minimum investment in the Manika Plastech Ltd. IPO is about ₹13,920 — one lot of 348 shares, calculated at the lower end of the .

Bidding at the cut-off or upper price raises the amount blocked in your account.

The Manika Plastech Ltd. opens on 11 Sept 2026 and closes on 16 Sept 2026.

Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.

Manika Plastech Ltd. shares were listed on 21 Sept 2026 on BSE and NSE.

MUFG Intime India Pvt Ltd. is the for the Manika Plastech Ltd. IPO.

The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone +91 810 811 8484 and email rnt.helpdesk@in.mpms.mufg.com.

Manika Plastech Ltd. IPO shares are listed on BSE and NSE.

Each Manika Plastech Ltd. share has a of ₹2.

Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.

held 100.00% of Manika Plastech Ltd. before the IPO, which falls to 74.95% after the issue.

2,13,86,919 shares of Manika Plastech Ltd. are being offered to the public in this issue.

The Manika Plastech Ltd. IPO has been subscribed 28.14x overall — 10.94x, 63.09x and 22.72x.

figures update through the issue period until it closes.

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

Pantomath Capital Advisors Pvt Ltd. is the book running lead manager for the Manika Plastech Ltd. IPO.

Pre-apply means placing your Manika Plastech Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.

Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.

You can apply in the Manika Plastech Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.

Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.

Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.

You can check the Manika Plastech Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.