Brokers usually take bids until: Zerodha 4:45 PM, Groww 4:50 PM, Angel One and Upstox 5:00 PM (HNI 4:00 PM). Check the exact time with your broker or bank.
Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Capital expenditure for plant and machinery
Funding capital expenditure towards purchase of plant and machinery
Repayment of existing borrowings
Repayment or prepayment in full or in part of certain borrowings availed by the company
General corporate purposes
Funding general corporate requirements and issue management expenses
(₹ in Crore)
Tap a bar to highlight a metric across periods and show its values.
Founded in 1996, Manika Plastech Limited is an Indian design-led manufacturer specializing in precision-engineered rigid polymer packaging solutions. The firm manufactures custom battery casings, industrial pails, and thin-wall food containers, catering to clients across energy storage, automotive, paints, lubricants, chemicals, and consumer food sectors. The enterprise operates seven manufacturing facilities strategically located across Dehradun, Hosur, Panipat, Una, and Dadra, with a combined installed capacity of 27,600 MTPA across 51,000 square meters. Utilizing co-extrusion and advanced injection moulding processes, the company delivers high-barrier packaging. Its distribution network is supported by five strategically positioned warehouses in Hosur, Dehradun, Jodhpur, and Katni. Manika Plastech offers end-to-end service integration encompassing product design, mould development, specialized labeling, and quality testing. By situating its manufacturing units close to major client operational hubs, the company minimizes transit lead times and maintains long-standing relationships with key industrial customers.
Manika Plastech Limited raised Rs 37.65 crore from anchor investors on September 10, 2026, allocating 8,755,813 equity shares at Rs 43 per share. Key participants included Bharat Value Fund - Series III, TrustMF Multi Cap Fund, Finavenue Growth Fund, Nova Global Opportunities Fund PCC - Touchstone, and TrustMF Large & Mid Cap Fund.
Source: RHP • Analysis provided for informational purposes
Last Updated: 20 September 2026, 4:55 PM
Strategic proximity to customer facilities
Positioning manufacturing plants near key customer hubs reduces transportation lead times and freight expenses while fostering strong client retention.
End-to-end integrated packaging capabilities
Providing complete solutions from product design and mould engineering to specialized labeling and high-barrier container manufacturing enhances customer value.
High technical switching costs
Customized product specifications, stringent quality standards, and dedicated client tooling build substantial barriers to entry and long-term customer lock-in.
Revenue concentration among top clients
A significant share of total revenue is derived from a limited group of major customers, making financial performance sensitive to changes in client demand.
Dependence on battery casing product line
Business operations rely heavily on sales of battery casings, exposing revenue stability to downturns in the energy storage and automotive markets.
Raw material price volatility
Fluctuations in the cost of polymer resins and petrochemical raw materials could adversely affect operating margins if cost increases cannot be passed on.
Manika Plastech Limited
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
View on Maps →MUFG Intime India Private Limited
No financial information whatsoever published anywhere, within this website, should be considered as an advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this website. The information on this website is based on information available as on date coupled with market perceptions.
You agree with the terms and conditions to use this website.
Grey-market disclaimer. GMP shown here is grey-market news only. We do not trade or deal in the grey market or subject-to rates, nor do we recommend trading in the grey market.
Not investment advice. IPO Nex is an information tool, not investment advice. We do not recommend buying or selling any securities. Always do your own research before applying to any IPO.
IPO Nex does not guarantee any listing gain or return. IPO investments are subject to market risks.
All times are IST.
© 2026 IPO Nex by Niota. All rights reserved.