243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Manjushree Technopack Limited

Bangalore

Date of DRHP : 20 Aug 2024

Issue Type : Book Building Process

IPO Type :
MainBoard IPO

Manjushree Technopack Basic Details

   Packaging & Disposables

Sub Sector: Manufacture of Plastic Packaging

About the Company

Manjushree Technopack is the largest rigid plastic packaging (“RPP”) player in terms of installed capacity in India as of March 31, 2024 operating in the consumer rigid plastics industry, according to the Technopak Report. Manjushree Technopack is a one stop packaging solutions provider with end-to-end capabilities (i.e., from design to delivery) across containers, preforms, caps and closures, pumps and dispensers and captive recycling capabilities. Manjushree Technopack is a derivative of the consumer industry given Manjushree Technopack's presence across wide range of end industries including food and beverages, home care, personal care, alco-beverage, paints and adhesives, pharmaceuticals, nutraceuticals, dairy and agrochemicals. Manjushree Technopack was the largest consumer RPP player in terms of revenue in Fiscal 2023 in India and Manjushree Technopack's revenue from operations in Fiscal 2023 was almost double the revenues of the second largest RPP player in India. Further, Manjushree Technopack have the highest market share in terms of revenue of 7.4% in Fiscal 2023 in the organized consumer RPP industry in India. According to the Technopak Report, Manjushree Technopack ranked first in containers, first in preforms, first in pumps and dispensers, first in caps and closures and first in recycle (in-house recycling of post-consumer plastic waste made of polypropylene (“PP”) and high-density polyethylene (“HDPE”)) categories in terms of revenue in the consumer RPP industry in India, in Fiscal 2023. According to the Technopak Report, in Fiscal 2024, Manjushree Technopack'sestimated market share in terms of revenue was 7.6% in the organized consumer RPP industry in India. Further, Manjushree Technopack's estimated market share in terms of revenue (including revenue of Oriental Containers on a proforma basis) in Fiscal 2024 was 8.8% in the organized consumer RPP industry in India. Manjushree Technopack's revenue from operations grew at a CAGR of 20.13% from ?14,670.48 million to ?21,170.03 million between Fiscals 2022 and 2024, which according to the Technopak Report, was 3.4 times the growth of the Indian consumer RPP market between Fiscals 2022 and 2024.

Financial Summary (Annualised Basis)

Revenue :
2130.30 Cr.

PAT :
140.79 Cr.

Manjushree Technopack DRHP Details

Objects of issue

  • repayment/ prepayment, in full or part, of outstanding borrowings
  • pursuing inorganic growth through acquisitions and other strategic initiatives and general corporate
  • purposes.

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FAQs

Manjushree Technopack operates in Packaging & Disposables and Manufacture of Plastic Packaging . The Issue would be listed on MainBoard. The registrar of the Issue is KFin Technologies Limited. The IPO type of Manjushree Technopack is Book Building Process and Object of issue is

  • repayment/ prepayment, in full or part, of outstanding borrowings
  • pursuing inorganic growth through acquisitions and other strategic initiatives and general corporate
  • purposes.

The DRHP (Draft Red Herring Prospectus) of Manjushree Technopack IPO was filed on 20 Aug 2024.

No, Manjushree Technopack IPO is not yet listed. See other upcoming MainBoard IPOs here.

The IPO open date and IPO close date of Manjushree Technopack are not available now. You can apply in Manjushree Technopack IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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