Manjushree Technopack Ltd. IPO Details
Manjushree Technopack Ltd. was incorporated on November 13, 1987. The company is a rigid plastic packaging solutions provider with end-to-end capabilities, covering design to delivery across containers, preforms, caps and closures, pumps and dispensers, as well as captive recycling.
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 0 | - | - | ₹30,000.0 M | DRHP DOC |
Manjushree Technopack Ltd. issue details
Manjushree Technopack Ltd. IPO issue size is ₹ 30,000.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Manjushree Technopack Ltd. IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Manjushree Technopack Ltd. NUMBER OF SHARES ON OFFER
Manjushree Technopack Ltd. FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| FY24 | 1,407.9 | 21,170.0 | 3,524.1 | 2,302.6 | 18.1% |
| FY23 | 592.3 | 20,963.4 | 3,225.7 | 1,931.7 | 14.4% |
| FY22 | 708.2 | 14,670.5 | 1,697.5 | 623.0 | 16.5% |
Manjushree Technopack Ltd. INFORMATION ON IPO ISSUE
About Manjushree Technopack Ltd.
Manjushree Technopack Ltd. was incorporated on November 13, 1987. The company is a rigid plastic packaging solutions provider with end-to-end capabilities, covering design to delivery across containers, preforms, caps and closures, pumps and dispensers, as well as captive recycling.
Object of the Issue
- Repayment/ prepayment, in full or part, of outstanding borrowings of the company
- Pursuing inorganic growth through acquisitions and other strategic initiatives
- General corporate purposes
Manjushree Technopack Ltd. Strengths
Market Leadership
The company is the largest consumer rigid plastic packaging (RPP) player in India in terms of revenue. Its revenue from operations in FY23 was nearly double that of the second-largest RPP player in the country.
Diversified Product Portfolio
The company’s product portfolio includes a variety of items made from different materials for nearly all consumption categories. This allows the company to cater to a broad consumer base and benefit from growing consumption trends in India.
Geographically Diversified
The company’s wide network offers a competitive edge by making it easier to integrate packaging solutions into customers' manufacturing processes, which helps reduce delivery time and costs.
Manjushree Technopack Ltd. Risks
Few Customers
The company relies on key customers for a significant portion of its revenue, with the top 10 customers contributing 41.6% of revenue in FY24. A decrease in revenue from or loss of these key customers could negatively impact the company’s business and financial condition.
Ban of Plastic Products
Increased awareness of plastic pollution has led many economies, including India, to ban certain plastic products. If any key plastic materials used by the company or products packaged with its solutions are banned in India or export markets, it could significantly impact the company’s business
IPO FAQs
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.