Manika Plastech Ltd - IPO

Manika Plastech Ltd IPO Details

Initial public offering of up to [*] equity shares of face value of Rs. 2/- each (Equity Shares) of the company for cash at a price of Rs. [*] per equity share (Including a Share Premium of Rs. [*] per Equity Share) (Offer Price) aggregating up to Rs. [*] crores (the Offer) comprising a fresh issue of up to [*] equity shares of face value of Rs. 2/- each aggregating up to Rs. 115.00 crores by the company (the Fresh Issue) and an offer for sale of up to 15,000,000 equity shares of face value of Rs. 2/- each aggregating up to Rs. [*] 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.The offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

Objective of 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 our Company. General Corporate Purposes(1).

Manika Plastech Ltd Contact Details

Manika Plastech Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@manikaplastech.com

Website - www.manikaplastech.com