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Manika Plastech Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Manika Plastech Ltd IPO

Registered Office: Gala No C/22-26 First Tax Free,Industrial Estate , Silvassa - 396230 , Dadra & Nagar Haveli , India.
Phone : +91 260 297 7910   Fax:
Email :  cs@manikaplastech.com  
Website :  www.manikaplastech.com
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 Money Payable On
Opens On Closes On Application Allotment
11-Sep-26 16-Sep-26 (Rs)40.00-43.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :348  Further Multiples of :348

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Pantomath Capital Advisors Private Limited
Project Financed through Current Offer 123.20  
Post Issue Equity Share Capital 23.30  
Issue Price (Rs)40.00  
 
Projects
Funding the capital expenditure towards purchase of plant and machineryGeneral Corporate Purposes(1)
Repayment and/or pre-payment, in part or full, of certain borrowings availed by the Company
Promoted By
Nikunj Mohanlal Kapadia  
Munjal Nikunj Kapadia  
Mihir Nikunj Kapadia  
Listing At
BSE 
NSE 
Registrar to the Issue
MUFG Intime India Pvt Ltd