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Opens
11 Sept 2026
Closes
16 Sept 2026
Allotment
17 Sept 2026
Listing
21 Sept 2026
At a glance
IPO Open Fri, Sep 11, 2026 IPO Close Wed, Sep 16, 2026 Price Band To be declared Market Cap To be declared IPO Details IPO Date 11 to 16 Sep, 2026 Listing Date Mon, Sep 21, 2026 T Face Value ₹ 2 per share Price Band Sale Type Fresh capital cum OFS Issue Type Bookbuilding IPO Listing At BSE, NSE Fresh Issue [.] shares (agg. up to ₹ 93 Cr) Offer for Sale 76,74,418 shares of ₹ 2 (agg. up to ₹ [.] Cr) Share Holding Pre Issue 9,50,00,000 shares IPO Timetable (Tentative) IPO Open Fri, Sep 11, 2026 IPO Close Wed, Sep 16, 2026 Allotment Thu, Sep 17, 2026 Refund Fri, Sep 18, 2026 Credit of Shares Fri, Sep 18, 2026 Listing Mon, Sep 21, 2026 IPOs Timetable Issue Reservation Investor Category Shares QIB Not more than 50% of the Offer size Retail Not less than 35% of the Offer NII Not less than 15% of the Offer About Manika Plastech Ltd. Updated on Sep 6, 2026 Incorporated in 1996, Manika Plastech Limited is engaged in the manufacturing of rigid polymer packaging products, including battery casings, pails and thinwall containers.
The Company manufactures battery casings, pails and thinwall containers, which cater to various industrial and consumer applications. The Company also manufactures pails used for packaging paints, lubricants and industrial chemicals, while its food-grade thinwall containers are used for the packaging and distribution of dairy and edible food products. Its products are designed to provide structural strength, protection and ease of handling throughout the expected product lifecycle.
Overview
Manika Plastech IPO is a book build issue . The issue comprises of fresh issue of ₹92.50 crores and offer for sale of 76.74 lakh shares.
Manika Plastech IPO opens for subscription on Sep 11, 2026 and closes on Sep 16, 2026. The allotment for the Manika Plastech IPO is expected to be finalized on Sep 17, 2026. Manika Plastech IPO will list on NSE and BSE with a tentative listing date fixed as Sep 21, 2026.
Manika Plastech IPO is set issue price band at [.] to [.] per share.
Pantomath Capital Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Manika Plastech IPO RHP for detailed Information.
Issue details
IPO Date
11 to 16 Sep, 2026
Listing Date
Mon, Sep 21, 2026T
Face Value
₹2 per share
Sale Type
Fresh capital cum OFS
Issue Type
Bookbuilding IPO
Listing At
BSE, NSE
Issue reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50% of the Offer size |
| Retail | Not less than 35% of the Offer |
| NII | Not less than 15% of the Offer |
About the company
Incorporated in 1996, Manika Plastech Limited is engaged in the manufacturing of rigid polymer packaging products, including battery casings, pails and thinwall containers.
The Company manufactures battery casings, pails and thinwall containers, which cater to various industrial and consumer applications. The Company also manufactures pails used for packaging paints, lubricants and industrial chemicals, while its food-grade thinwall containers are used for the packaging and distribution of dairy and edible food products. Its products are designed to provide structural strength, protection and ease of handling throughout the expected product lifecycle.
Manika Plastech provides end-to-end rigid polymer packaging solutions, covering design and development, sourcing of raw materials, manufacturing, heat sealing, labelling, quality assurance and delivery. The Company has developed capabilities to provide customized packaging products and designs its automotive battery casings in accordance with Japanese and German technical standards, including JIS and DIN standards, to meet customer-specific product specifications and quality requirements.
The Company serves a diversified customer base across multiple end-user industries, including automotive, energy storage, telecommunications, paints, lubricants, agrochemicals, construction chemicals, food and dairy, among others.
During the three-month period ended June 30, 2026 and the preceding three Fiscals, the Company served 168 to 242 customers across 24 states and union territories in India. Its top 20 customers had an average relationship tenure of over 10 years as of June 30, 2026, while its long operating history of over two decades has enabled it to build relationships across multiple industries and reduce dependence on any particular customer or industry segment.
The Company has 7 operating facilities, comprising 6 manufacturing facilities located in Dehradun, Hosur, Panipat, Una and Dadra, and 1 paint facility located in Hosur. As of July 31, 2026, it had an employee base of 352 employees and 809 contract labourers.
The Company operates 6 manufacturing facilities and 1 painting facility across India. Its manufacturing units produce battery casings, pails, thinwall containers and automotive components, while the painting facility is used for painting automotive components.
Financials
| Metric | 30 Jun 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Assets | 317.00 | 323.69 | 320.99 | 252.93 |
| Total Income | 162.71 | 437.26 | 412.59 | 368.76 |
| Profit After Tax | 13.07 | 22.40 | 19.33 | 11.53 |
| EBITDA | 24.38 | 58.14 | 45.30 | 30.86 |
| NET Worth | 156.78 | 147.62 | 125.17 | 107.99 |
| Reserves and Surplus | 136.97 | 127.69 | 105.29 | 88.05 |
| Total Borrowing | 92.46 | 88.19 | 97.45 | 93.06 |
Amounts in ₹ Crore (restated)
Key performance indicators
| KPI | Jun 30, 2026 | Mar 31, 2026 |
|---|---|---|
| ROE | 8.34% | 15.18% |
| ROCE | 8.34% | 18.77% |
| Debt/Equity | 0.59 | 0.60 |
| RoNW | 8.34% | 15.18% |
| PAT Margin | 8.03% | 5.12% |
| EBITDA Margin | 15.01% | 13.34% |
| NAV | 16.50 | 15.54 |
Valuation
Valuation Metric
Pre IPO
EPS (₹)
2.36
Shareholding
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 100% | |
| Public | ||
| Total | 100% |
Objects of the issue
- — Funding the capital expenditure towards purchase of plant and machinery
- — Repayment and/or pre-payment, in part or full, of certain borrowings availed by Company
- — General Corporate Purposes
Intermediaries
Registrar
MUFG Intime India Pvt.Ltd.
Lead manager(s)
Pantomath Capital Advisors Pvt.Ltd.
FAQs
How to apply in Manika Plastech IPO through Zerodha?+
Zerodha customers can apply online in Manika Plastech IPO using UPI as a payment gateway. Zerodha customers can apply in Manika Plastech IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Manika Plastech IPO through Zerodha Visit the Zerodha website and login to Console. Go to Portfolio and click the IPOs link. Go to the ' Manika Plastech IPO ' row and click the 'Bid' button. Enter your UPI ID, Quantity, and Price. Submit IPO application form. Visit the UPI App (net banking or BHIM ) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.
When Manika Plastech IPO will open?+
The Manika Plastech IPO opens on Fri, Sep 11, 2026 and closes on Wed, Sep 16, 2026.
What is the lot size of Manika Plastech IPO?+
Manika Plastech IPO lot size and the minimum order quantity is not available at this time. Please check again later.
How to apply for Manika Plastech IPO?+
You can apply in Manika Plastech IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha , Upstox , 5Paisa , Nuvama , HDFC Bank , and SBI Bank .
When is Manika Plastech IPO allotment?+
The finalization of Basis of Allotment for Manika Plastech IPO will be done on Thursday, September 17, 2026 , and the allotted shares will be credited to your demat account by Fri, Sep 18, 2026 . Check the Manika Plastech IPO allotment status .
When is Manika Plastech IPO listing date ?+
The Manika Plastech IPO listing date is not yet announced. The tentative date of listing is Mon, Sep 21, 2026 .
Aggregated from public IPO filings. GMP is unofficial grey-market chatter, not advice.