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Issue Size
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Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 2,294.18 | 2,300.16 | 1,995.68 |
| Total Income | 2,130.30 | 2,108.55 | 1,473.80 |
| Profit After Tax | 140.79 | 59.23 | 70.82 |
| NET Worth | 1,008.14 | 951.00 | 900.73 |
| Reserves and Surplus | 317.18 | 317.18 | 317.18 |
| Total Borrowing | 753.66 | 805.17 | 674.10 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Knack Packaging Ltd. | Mainboard | ₹439.50 Cr | ₹170 | 18.33 | ₹182.98 | +7.64% | ₹194.88 (+0.62%) |
| Diksha Polymers Ltd. | SME | ₹17.90 Cr | ₹112 | 9.79 | ₹120.20 | +7.32% | ₹119.00 (+0.00%) |
| RFBL Flexi Pack Ltd. | SME | ₹35.33 Cr | ₹50 | 9.75 | ₹55.10 | +10.20% | ₹92.40 (+5.00%) |
| Ecoline Exim Ltd. | SME | ₹76.42 Cr | ₹141 | 12.12 | ₹140.50 | -0.35% | ₹195.00 (-2.01%) |
| Jyoti Global Plast Ltd. | SME | ₹35.44 Cr | ₹66 | 16.82 | ₹65.80 | -0.30% | ₹36.00 (+1.12%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ prepayment, in full or part, of outstanding borrowings availed by our Company | 500.00 |
| 2 | Funding inorganic growth through acquisitions and other strategic initiatives and general corporate purposes |
About Manjushree Technopack IPO
Manjushree Technopak is the largest rigid plastic packaging (“RPP”) player, in terms of installed capacity in India as of March 31, 2024.It is a one-stop packaging solutions provider with end-to-end capabilities (i.e. from design to delivery) in containers, preforms, caps and closures, pumps and dispensers, as well as in-house recycling capabilities.The company serves customers across industries, including food and beverage, home care, personal care, alcoholic beverages, paints and adhesives, pharmaceuticals, nutraceuticals, dairy and agrochemicals.The company also recycles post-consumer plastic waste from polypropylene (PP) and high-density polyethylene (HDPE).In the fiscal 2024, the company served 964 customers. Varun Beverages Ltd, Dabur India Ltd, Marico Ltd, Honasa Consumer Ltd, Hershey India Pvt Ltd, Kansai Nerolac Paints, Parag Milk Foods are some of the key customers.The company owns and operates a recycling plant with an installed capacity of 6,000 metric tons per annum.Strengths Market leader in the consumer rigid plastics packaging industry Diversified business model with a one-stop-shop provider of packaging solutions Strong customer base with global, regional, and nati
Contact Details
Manjushree Technopack Ltd. AddressMBH Tech Park, 2nd floor,Survey No. 46(P) and 47 (P), Begur Hobli,Electronic City Phase - II,Bangalore Urban, Karnataka, 560100+91 080- 4343620ipo@manjushreeindia.comVisit Website