Manika Plastech IPO

The Manika Plastech IPO is a book-built issue of Rs 125.50 crore, comprising a fresh issue of 2.15 crore shares worth Rs 92.50 crore and an offer for sale of 76.74 lakh shares worth Rs 33 crore, opening for subscription from Sep 11 to Sep 16, 2026, with allotment expected on Sep 17, 2026 and a tentative listing on NSE and BSE on Sep 21, 2026. The IPO’s price band is Rs 40 to Rs 43 per share, with a lot size of 348 shares, requiring a minimum retail investment of Rs 14,964. Pantomath Capital Advisors Pvt. Ltd. is the lead manager, and MUFG Intime India Pvt. Ltd. is the registrar for the issue.

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Manika Plastech IPO Details

Check out the issue details for Manika Plastech IPO as disclosed in SEBI.

Price Band

₹ 40 - 43

Issue Size

125.00 Cr.

Issue Type

Book Built

Open

2026-09-11

Close

2026-09-16

Company Financials

You can get the following financial statements of Manika Plastech as of now.

Manika Plastech IPO Details

The details about the Manika Plastech IPO are as follows:

  • The issue size of the IPO is Rs 125.50 Cr.
  • The price band for Manika Plastech IPO is Rs 40 to Rs 43.
  • The shares of Manika Plastech IPO will list on BSE and NSE.
  • The latest tentative GMP of Manika Plastech IPO is Rs .
  • The shares of Manika Plastech IPO are subscribed _ Times.

 

Manika Plastech IPO Valuation

The approximate valuation of Manika Plastech IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 43
Existing Shares (Qty) 9.50 Cr
Fresh Issue Rs 92.50 Cr
Market Cap Rs 501 Cr
EPS (FY25) Rs 2.36
PE Ratio 18.22x
Industry PE 35.10x

 

Manika Plastech IPO Issue Size

Manika Plastech IPO issue size is Rs 125.50 Cr.

Issue Amount
Fresh Issue Rs 92.50 Cr
Offer For Sale Rs 33.00 Cr

 

Manika Plastech IPO Market Lot

An individual can apply for a minimum of 1 lot of 348 shares and a maximum of 13 lots (4,524 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 348 Rs 14,964
Retail Maximum 13 4,524 Rs 1,94,532

 

Manika Plastech IPO Share Offer

The shares of Manika Plastech IPO are subscribed _ Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not less than 15%
Retail Individual Not less than 35%

 

Manika Plastech IPO GMP (Grey Market Premium)

As on GMP (Tentative)
Sep 11, 2026 Rs

Manika Plastech IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Manika Plastech IPO Dates

Find below the dates for Manika Plastech IPO

Schedule Date
Basis of Allotment 17 Sep 2026
Refunds 18 Sep 2026
Credit to Demat Account 18 Sep 2026
IPO Listing Date 21 Sep 2026

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 268 333.49 396.9 360.77 406.5
Total Expenditure 243.29 302.01 363.07 329.91 361.21
Operating Profit 24.71 31.48 33.84 30.86 45.29
Other Income 0.2 0.6 2.27 7.99 6.09
Interest 5.74 6.67 7.22 9.37 13.42
Depreciation 9.64 10 11.32 13.12 12.54
Exceptional Items 0 0 0 0 0
Profit Before Tax 9.53 15.41 17.57 16.36 25.42
Provision for Tax 2.53 4.58 5.21 4.83 6.09
Net Profit 6.99 10.83 12.36 11.53 19.33
Adjusted EPS (Rs.) 0.07 0.11 0.13 0.12 0.2

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 20 19 19 19 19
Total Reserves 78.25 77.36 86.87 89 106.18
Borrowings 0.11 4.15 3.64 25.97 23.49
Other N/C liabilities 2.75 2.97 3.52 14.74 17.2
Current liabilities 84.99 90.53 93.89 104.23 154.84
Total Liabilities 186.1 194.01 206.91 252.94 320.71
Assets
Net Block 70.63 78.65 84.19 125.79 152.97
Capital WIP 1.94 3.21 7.64 15.07 3.31
Intangible WIP 0 0 0 0 0
Investments 0.01 0.06 0.06 0.07 0.05
Loans & Advances 1.15 2.02 2.89 5.69 4.74
Other N/C Assets 0 0 0 0.08 0.23
Current Assets 112.38 110.08 112.12 106.25 159.41
Total Assets 186.1 194.01 206.91 252.94 320.71
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 9.53 15.41 17.57 16.36 25.42
Adjustment 18.82 16.91 18.03 17.19 26.14
Changes in Assets & Liabilities -10.95 -1.12 6.59 0.06 -11.42
Tax Paid -0.54 -2.99 -2.57 -1.97 -6.19
Operating Cash Flow 16.86 28.2 39.62 31.64 33.96
Investing Cash Flow -9.84 -19.53 -21.38 -53.29 -23.16
Financing Cash Flow -7.01 -8.71 -18.39 21.57 -10.08
Net Cash Flow 0.01 -0.04 -0.14 -0.08 0.72
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