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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 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 to Rs. 125.5 Crores (the "Offer") comprising a fresh issue of 21,511,627 equity shares of face value of Rs. 2/- each aggregating to Rs. 92.5 Crores by the company (the "Fresh Issue") and an offer for sale of 7,674,418 equity shares of face value of Rs. 2/- each aggregating to Rs. 33 Crores by Vridaa Holding Trust ("the Promoter Selling Shareholder") ("Offer for Sale"). The offer constituted 25.05% of the post-offer paid-up equity share capital. Price Band: Rs. 43 per equity share of face value of Rs. 2 each. The floor price 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 43.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 348   Further Multiples of : 348
  Rs(Cr.) Lead Managers to the Issue
Project Cost 81.64 Pantomath Capital Advisors Private Limited
Project Financed through Current Offer 125.50  
Post Issue Equity Share Capital 23.30  
Issue Price 43.00  

Project

  • 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

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.