IPO

IPO Synopsis Manika Plastech Ltd
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  40.00-43.00  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  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
 
Online Trading
Client Login
Open Account
Become Our Partner
Online Payment