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IPO Synopsis

Manika Plastech Ltd
Initial public offering of up to 29,186,045 equity shares of face value of Rs. 2/- each ("Equity Shares") of the company for cash at a price of Rs. 43 per equity share (Including a Share Premium of Rs. 41 per Equity Share) ("Offer Price") aggregating up to Rs. 125.5 Crores (the "Offer") comprising a fresh issue of up to 21,511,627 equity shares of face value of Rs. 2/- each aggregating up to Rs. 92.5 Crores by the company (the "Fresh Issue") and an offer for sale of up to 7,674,418 equity shares of face value of Rs. 2/- each aggregating up to Rs. 33 Crores by Vridaa Holding Trust ("the Promoter Selling Shareholder") ("Offer for Sale"). The offer will constitute [*] % of the post-offer paid-up equity share capital. Price Band: Rs. 40 to Rs. 43 per equity share of face value of Rs. 2 each. The floor price and the cap price are 20 times and 21.50 times the face value of the equity shares, respectively. Bids can be made for a minimum of 348 equity shares of face value of Rs. 2 each and in multiples of 348 equity shares of face value of Rs. 2 each thereafter.
Issue
Opens On Closes On
11-Sep-26 16-Sep-26
Money Payable On
Application Allotment
40.00 0.00
Minimum Application for shares in Nos : 348 Further Multiples of : 348
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Pantomath Capital Advisors Private Limited
Project Financed through Current Offer (.Cr) 123.20  
Post Issue Equity Share Capital (.Cr) 23.30
Issue Price () 40.00
Projects
Funding the capital expenditure towards purchase of plant and machinery
Repayment and/or pre-payment, in part or full, of certain borrowings availed by the Company
General Corporate Purposes(1)
Promoted By
Nikunj Mohanlal Kapadia
Munjal Nikunj Kapadia
Mihir Nikunj Kapadia
Listing At
BSE
NSE
Registrar to the Issue
MUFG Intime India Pvt Ltd
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