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Manika Plastech IPO
Manika Plastech Limited
Manika Plastech IPO Details
Manika Plastech Limited is launching an IPO consisting of a Fresh Issue and Offer for Sale of up to 0 equity shares of face value Rs. 2 each, aggregating up to Rs. 1,150 million.
The Offer for Sale includes up to 15,000,000 equity shares of face value Rs. 2 each, aggregating up to 0 million.
The fresh issue proceeds will be used for expansion, automation of manufacturing facilities, and working capital requirements.
Manika Plastech Limited IPO Strengths
- Specializes in producing caps, closures, and containers for the FMCG, pharma, and cosmetics sectors.
- Works with renowned brands such as Dabur, Patanjali, Zydus, Bajaj, and Marico, ensuring repeat business and revenue stability.
- Possesses in-house product design and mould development setup, reducing dependency on third-party vendors and improving lead time.
- Offers multiple SKUs of caps, closures, and other injection/blow moulded plastic items catering to various end-user industries.
Manika Plastech IPO Weaknesses
- Listing on the BSE SME platform may limit liquidity and attract fewer institutional investors compared to mainboard IPOs.
- A few major customers contribute a significant portion of revenue; loss of any key client could impact financials.
- Raw materials like plastic resins are linked to crude oil prices. Price fluctuations may impact profit margins.
- Manufacturing operations are working capital intensive. Any cash flow mismatch may affect day-to-day functioning.
- he plastic packaging industry is subject to changing environmental regulations and bans which may impact operations.
Manika Plastech Revenue & Profit
3.33 | +0.14 |
3.99 | +0.15 |
3.68 | +0.16 |
10
8
6
4
2
0
Manika Plastech IPO Dates
| Open Date | To be announced |
| Close Date | To be announced |
| Allotment Date | To be announced |
| Initiation of Refunds | To be announced |
| Credit of Shares to Demat Account | To be announced |
| Listing Date | To be announced |
Manika Plastech IPO Lot Size
| Minimum Lot Size | To be announced |
| Maximum Lot Size | To be announced |
Seize the Opportunity! Apply for Manika Plastech IPO
Free Demat Account Opening
Zero AMC Charges for First Year
Low DP Charges (Rs. 10 only)
Free IPO Report & Research
Manika Plastech IPO Subscription Breakup
| QIBs | To be announced |
| Non Institutional Investors | To be announced |
| Retail Investors | To be announced |
How to Apply for Manika Plastech IPO?
Step 1
First, you need to visit the IPO section on our website.
Step 2
Then, click on the 'IPO Listing' option to view the IPO.
Step 3
Open the Manika Plastech Limited IPO by tapping on it.
Step 4
You will see an option to subscribe that you need to click on.
Step 5
Now that you can see the IPO details, you must enter details like cut-off price, number of lots, and UPI ID.
Step 6
Next, verify your details and select the 'Subscribe' option to complete the bidding.
You have completed your bidding for the Manika Plastech Limited IPO. Log in and go to the 'IPO Transactions' section to track your allotment status.