Manika Plastech IPO \u2013 Flattrade Kosh<\/title>\n <style>\n \/* ==========================================================================\n 1. DESIGN TOKENS & RESET\n ========================================================================== *\/\n :root {\n --brand-primary: #16a34a;\n --brand-primary-hover: #15803d;\n --brand-light: #f0fdf4;\n --brand-border: #bbf7d0;\n \n --neutral-900: #0f172a;\n --neutral-800: #1e293b;\n --neutral-700: #334155;\n --neutral-600: #475569;\n --neutral-500: #64748b;\n --neutral-200: #e2e8f0;\n --neutral-100: #f1f5f9;\n --neutral-50: #f8fafc;\n --surface: #ffffff;\n \n --radius-sm: 6px;\n --radius-md: 10px;\n --radius-lg: 16px;\n --radius-full: 9999px;\n \n --shadow-subtle: 0 1px 3px rgba(0, 0, 0, 0.04), 0 1px 2px rgba(0, 0, 0, 0.02);\n --shadow-card: 0 4px 12px -2px rgba(15, 23, 42, 0.06), 0 2px 6px -2px rgba(15, 23, 42, 0.04);\n --shadow-hover: 0 12px 24px -4px rgba(15, 23, 42, 0.10);\n \n --font-stack: -apple-system, BlinkMacSystemFont, \"Segoe UI\", Roboto, Inter, \"Helvetica Neue\", sans-serif;\n }\n\n *, *::before, *::after {\n box-sizing: border-box;\n margin: 0;\n padding: 0;\n }\n\n body {\n font-family: var(--font-stack);\n background-color: var(--neutral-50);\n color: var(--neutral-700);\n line-height: 1.75;\n -webkit-font-smoothing: antialiased;\n }\n\n \/* ==========================================================================\n 2. LAYOUT WRAPPER\n ========================================================================== *\/\n .cmr-article-wrapper {\n max-width: 760px;\n margin: 32px px 64px;\n background: var(--surface);\n border: 1px solid var(--neutral-200);\n border-radius: var(--radius-lg);\n padding: 40px 32px;\n box-shadow: var(--shadow-card);\n }\n\n \/* ==========================================================================\n 3. HEADER & META\n ========================================================================== *\/\n .meta-bar {\n display: flex;\n align-items: center;\n gap: 10px;\n margin-bottom: 18px;\n }\n\n .tag-badge {\n display: inline-flex;\n align-items: center;\n gap: 6px;\n background: var(--brand-light);\n color: var(--brand-primary);\n border: 1px solid var(--brand-border);\n border-radius: var(--radius-full);\n padding: 3px 12px;\n font-size: 11px;\n font-weight: 700;\n letter-spacing: 0.06em;\n text-transform: uppercase;\n }\n\n .tag-badge::before {\n content: \"\";\n width: 6px;\n height: 6px;\n background-color: var(--brand-primary);\n border-radius: 50%;\n }\n\n .meta-source {\n font-size: 13px;\n font-weight: 500;\n color: var(--neutral-500);\n }\n\n h1.post-title {\n font-size: 28px;\n font-weight: 800;\n color: var(--neutral-900);\n line-height: 1.25;\n letter-spacing: -0.02em;\n margin-bottom: 24px;\n }\n\n h2.section-heading {\n font-size: 19px;\n font-weight: 700;\n color: var(--neutral-900);\n margin: 36px 0 16px;\n letter-spacing: -0.01em;\n display: flex;\n align-items: center;\n gap: 8px;\n }\n\n .cmr-article-wrapper p {\n font-size: 15.5px;\n margin-bottom: 18px;\n color: var(--neutral-700);\n text-align: justify;\n }\n\n .cmr-article-wrapper strong {\n color: var(--neutral-900);\n font-weight: 600;\n }\n\n \/* ==========================================================================\n 4. IPO AT A GLANCE GRID\n ========================================================================== *\/\n .cmr-glance-title {\n font-size: 12px;\n font-weight: 700;\n color: var(--neutral-500);\n text-transform: uppercase;\n letter-spacing: 0.08em;\n margin: 28px 0 14px;\n display: flex;\n align-items: center;\n gap: 12px;\n }\n\n .cmr-glance-title::after {\n content: '';\n flex: 1;\n height: 1px;\n background: var(--neutral-200);\n }\n\n .cmr-glance-grid {\n display: grid;\n grid-template-columns: repeat(3, 1fr);\n gap: 12px;\n margin-bottom: 16px;\n }\n\n .cmr-glance-item {\n background: var(--neutral-50);\n border: 1px solid var(--neutral-200);\n border-radius: var(--radius-md);\n padding: 16px;\n transition: all 0.2s ease-in-out;\n }\n\n .cmr-glance-item:hover {\n background: var(--surface);\n border-color: #cbd5e1;\n transform: translateY(-2px);\n box-shadow: var(--shadow-subtle);\n }\n\n .cmr-glance-item.cmr-highlight {\n background: linear-gradient(145deg, #ffffff, var(--brand-light));\n border-color: var(--brand-border);\n }\n\n .cmr-glance-item.cmr-highlight .cmr-g-value {\n color: var(--brand-primary);\n }\n\n .cmr-g-label {\n font-size: 11px;\n color: var(--neutral-500);\n text-transform: uppercase;\n font-weight: 600;\n letter-spacing: 0.04em;\n margin-bottom: 4px;\n }\n\n .cmr-g-value {\n font-size: 17px;\n font-weight: 800;\n color: var(--neutral-900);\n line-height: 1.25;\n }\n\n .cmr-g-sub {\n font-size: 12px;\n color: var(--neutral-500);\n margin-top: 4px;\n }\n\n .glance-badge {\n background: var(--neutral-100);\n border: 1px solid var(--neutral-200);\n border-radius: var(--radius-sm);\n padding: 10px 14px;\n font-size: 13px;\n color: var(--neutral-600);\n margin-bottom: 28px;\n font-weight: 500;\n text-align: center;\n }\n\n \/* ==========================================================================\n 5. FEATURE LISTS\n ========================================================================== *\/\n .cmr-feature-list {\n list-style: none;\n padding: 0;\n margin: 20px 0;\n display: flex;\n flex-direction: column;\n gap: 12px;\n }\n\n .cmr-feature-list li {\n position: relative;\n padding-left: 28px;\n font-size: 15px;\n color: var(--neutral-700);\n }\n\n .cmr-feature-list li::before {\n \n position: absolute;\n left: 0;\n top: 1px;\n width: 18px;\n height: 18px;\n background: var(--brand-light);\n color: var(--brand-primary);\n border: 1px solid var(--brand-border);\n border-radius: 50%;\n display: flex;\n align-items: center;\n justify-content: center;\n font-size: 11px;\n font-weight: 800;\n }\n\n \/* ==========================================================================\n 6. TABLES (FINANCIAL & RESERVATION)\n ========================================================================== *\/\n .table-container {\n width: 100%;\n overflow-x: auto;\n -webkit-overflow-scrolling: touch;\n margin: 18px 0;\n border: 1px solid var(--neutral-200);\n border-radius: var(--radius-md);\n background: var(--surface);\n }\n\n .fin-table, .res-table {\n width: 100%;\n border-collapse: collapse;\n font-size: 14.5px;\n text-align: left;\n }\n\n .fin-table th, .fin-table td,\n .res-table th, .res-table td {\n padding: 12px 18px;\n border-bottom: 1px solid var(--neutral-200);\n }\n\n .fin-table thead tr, .res-table thead tr {\n background: var(--neutral-100);\n }\n\n .fin-table th {\n font-weight: 700;\n color: var(--neutral-800);\n text-align: right;\n }\n\n .fin-table th:first-child, .res-table th {\n text-align: left;\n }\n\n .fin-table td {\n color: var(--neutral-700);\n text-align: right;\n font-variant-numeric: tabular-nums;\n }\n\n .res-table td {\n color: var(--neutral-700);\n text-align: left;\n }\n\n .fin-table td:first-child, .res-table td:first-child {\n text-align: left;\n font-weight: 600;\n color: var(--neutral-900);\n }\n\n .fin-table tbody tr:hover, .res-table tbody tr:hover {\n background-color: var(--neutral-50);\n }\n\n .fin-table tbody tr:last-child td, .res-table tbody tr:last-child td {\n border-bottom: none;\n }\n\n .fin-note {\n font-size: 12px;\n color: var(--neutral-500);\n margin-top: 6px;\n margin-bottom: 24px;\n }\n\n \/* ==========================================================================\n 7. KPI STATS CARDS\n ========================================================================== *\/\n .kpi-grid {\n display: grid;\n grid-template-columns: repeat(3, 1fr);\n gap: 12px;\n margin: 20px 0 28px;\n }\n\n .kpi-card {\n background: var(--neutral-50);\n border: 1px solid var(--neutral-200);\n border-radius: var(--radius-md);\n padding: 16px 12px;\n text-align: center;\n transition: all 0.2s ease;\n }\n\n .kpi-card:hover {\n background: var(--surface);\n border-color: var(--brand-border);\n transform: translateY(-2px);\n box-shadow: var(--shadow-subtle);\n }\n\n .kpi-card .kpi-value {\n font-size: 20px;\n font-weight: 800;\n color: var(--brand-primary);\n line-height: 1.2;\n }\n\n .kpi-card .kpi-label {\n font-size: 11px;\n color: var(--neutral-500);\n text-transform: uppercase;\n letter-spacing: 0.05em;\n margin-top: 4px;\n font-weight: 600;\n }\n\n \/* ==========================================================================\n 8. OBJECTS OF THE ISSUE LIST\n ========================================================================== *\/\n .objects-list {\n list-style: none;\n padding: 0;\n margin: 20px 0;\n display: flex;\n flex-direction: column;\n gap: 10px;\n }\n\n .objects-list li {\n display: flex;\n justify-content: space-between;\n align-items: center;\n padding: 14px 18px;\n border-radius: var(--radius-md);\n background: var(--neutral-50);\n border: 1px solid var(--neutral-200);\n font-size: 14.5px;\n }\n\n .objects-list li .obj-label {\n color: var(--neutral-700);\n }\n\n .objects-list li .obj-amt {\n font-weight: 700;\n color: var(--neutral-900);\n white-space: nowrap;\n margin-left: 16px;\n background: var(--surface);\n padding: 2px 8px;\n border-radius: var(--radius-sm);\n border: 1px solid var(--neutral-200);\n }\n\n \/* ==========================================================================\n 9. VERDICT BOX & CTA\n ========================================================================== *\/\n .cmr-verdict-card {\n background: linear-gradient(145deg, #ffffff 0%, var(--brand-light) 100%);\n border: 1px solid var(--brand-border);\n border-left: 5px solid var(--brand-primary);\n padding: 24px;\n border-radius: var(--radius-md);\n margin: 36px 0;\n }\n\n .cmr-verdict-title {\n font-size: 17px;\n font-weight: 800;\n color: var(--neutral-900);\n margin-bottom: 8px;\n }\n\n .cta-wrap {\n text-align: center;\n margin: 36px 0 16px;\n }\n\n .cta-btn {\n display: inline-flex;\n align-items: center;\n justify-content: center;\n gap: 8px;\n background: var(--brand-primary);\n color: #ffffff !important;\n font-size: 15px;\n font-weight: 700;\n text-decoration: none !important;\n padding: 14px 36px;\n border-radius: var(--radius-full);\n box-shadow: 0 4px 14px rgba(22, 163, 74, 0.25);\n transition: all 0.2s ease;\n cursor: pointer;\n }\n\n .cta-btn:hover {\n background: var(--brand-primary-hover);\n transform: translateY(-2px);\n box-shadow: 0 6px 20px rgba(22, 163, 74, 0.35);\n }\n\n .source-note {\n font-size: 12px;\n color: var(--neutral-500);\n margin-top: 32px;\n border-top: 1px solid var(--neutral-200);\n padding-top: 14px;\n text-align: center;\n }\n\n hr.divider {\n border: none;\n border-top: 1px solid var(--neutral-200);\n margin: 32px 0;\n }\n\n \/* ==========================================================================\n 10. RESPONSIVE MOBILE BREAKPOINTS\n ========================================================================== *\/\n @media (max-width: 640px) {\n .cmr-article-wrapper {\n margin: 16px 12px;\n padding: 24px 16px;\n border-radius: var(--radius-md);\n }\n\n h1.post-title {\n font-size: 22px;\n }\n\n .cmr-glance-grid {\n grid-template-columns: repeat(2, 1fr);\n }\n\n .kpi-grid {\n grid-template-columns: repeat(2, 1fr);\n }\n\n .objects-list li {\n flex-direction: column;\n align-items: flex-start;\n gap: 6px;\n }\n\n .objects-list li .obj-amt {\n margin-left: 0;\n }\n\n .cta-btn {\n width: 100%;\n padding: 14px 20px;\n }\n }\n <\/style>\n<\/head>\n<body>\n\n<main class=\"cmr-article-wrapper\">\n\n\n \n <div class=\"cmr-glance-title\">IPO Summary<\/div>\n \n <div class=\"cmr-glance-grid\">\n <div class=\"cmr-glance-item cmr-highlight\">\n <div class=\"cmr-g-label\">Price Band<\/div>\n <div class=\"cmr-g-value\">\u20b940 \u2013 \u20b943<\/div>\n <div class=\"cmr-g-sub\">FV: \u20b92 \/ share<\/div>\n <\/div>\n\n <div class=\"cmr-glance-item cmr-highlight\">\n <div class=\"cmr-g-label\">Issue Dates<\/div>\n <div class=\"cmr-g-value\">Sep 11 \u2013 16<\/div>\n <div class=\"cmr-g-sub\">Year: 2026<\/div>\n <\/div>\n\n <div class=\"cmr-glance-item\">\n <div class=\"cmr-g-label\">Lot Size<\/div>\n <div class=\"cmr-g-value\">348 Shares<\/div>\n <div class=\"cmr-g-sub\">Min: \u20b914,964<\/div>\n <\/div>\n\n <div class=\"cmr-glance-item\">\n <div class=\"cmr-g-label\">Total Issue Size<\/div>\n <div class=\"cmr-g-value\">\u20b9125.50 Cr<\/div>\n <div class=\"cmr-g-sub\">Fresh + OFS<\/div>\n <\/div>\n\n <div class=\"cmr-glance-item\">\n <div class=\"cmr-g-label\">Listing At<\/div>\n <div class=\"cmr-g-value\">BSE & NSE<\/div>\n <div class=\"cmr-g-sub\">Tentative: Sep 21<\/div>\n <\/div>\n\n <div class=\"cmr-glance-item\">\n <div class=\"cmr-g-label\">Lead Manager<\/div>\n <div class=\"cmr-g-value\" style=\"font-size: 14px;\">Pantomath Capital<\/div>\n <div class=\"cmr-g-sub\">Reg: MUFG Intime<\/div>\n <\/div>\n <\/div>\n\n\n\n \n <h2 class=\"section-heading\">About the Business<\/h2>\n <p>\n Incorporated in <strong>1996<\/strong>, Manika Plastech Limited is a specialized packaging solutions company engaged in manufacturing customized rigid polymer packaging products, primarily battery casings, industrial pails, and food-grade thinwall containers.\n <\/p>\n <p>\n The company provides turnkey solutions spanning design and development, material sourcing, precision molding, heat-sealing, labelling, and testing. Its automotive battery casings are manufactured to international standards (including Japanese JIS and German DIN).\n <\/p>\n\n <ul class=\"cmr-feature-list\">\n <li><strong>Broad Product Portfolio:<\/strong> Heavy-duty industrial battery casings (automotive, solar, telecom, energy storage), industrial pails (paints, lubricants, agrochemicals), and thinwall containers (dairy, ice cream, packaged food).<\/li>\n <li><strong>Strategic Geographic Footprint:<\/strong> 7 operating facilities across India (6 manufacturing units in Dehradun, Hosur, Panipat, Una, and Dadra, plus 1 painting facility in Hosur).<\/li>\n <li><strong>Marquee Clientele:<\/strong> Longstanding supply partnerships with industry leaders such as Livguard, Luminous Power, Genus Innovation, Vadilal Industries, Grasim Industries, Kansai Nerolac, JSW Paints, TVS Motor, and Ultraviolette Automotive.<\/li>\n <li><strong>Customer Stickiness:<\/strong> Long operating history of over two decades, with its top 20 clients maintaining an average relationship tenure exceeding 10 years.<\/li>\n <\/ul>\n\n <p>\n The company’s promoters are <strong>Nikunj Mohanlal Kapadia, Munjal Nikunj Kapadia, Mihir Nikunj Kapadia, Pratik Nikunj Kapadia, and Vridaa Holding Trust<\/strong>.\n <\/p>\n\n <hr class=\"divider\" \/>\n\n \n <h2 class=\"section-heading\">Financial Overview<\/h2>\n <p>\n Manika Plastech Ltd. has demonstrated steady compounding across revenues and margins, with FY26 revenues rising to \u20b9437.26 Cr and PAT expanding to \u20b922.40 Cr. Momentum accelerated further in Q1 FY27, recording \u20b913.07 Cr in net profit in a single quarter.\n <\/p>\n\n <div class=\"table-container\">\n <table class=\"fin-table\">\n <thead>\n <tr>\n <th>Metric (\u20b9 Cr)<\/th>\n <th>Q1 FY 2027<\/th>\n <th>FY 2026<\/th>\n <th>FY 2025<\/th>\n <th>FY 2024<\/th>\n <\/tr>\n <\/thead>\n <tbody>\n <tr><td>Total Income<\/td><td>\u20b9162.71<\/td><td>\u20b9437.26<\/td><td>\u20b9412.59<\/td><td>\u20b9368.76<\/td><\/tr>\n <tr><td>Operating EBITDA<\/td><td>\u20b924.38<\/td><td>\u20b958.14<\/td><td>\u20b945.30<\/td><td>\u20b930.86<\/td><\/tr>\n <tr><td>PAT (Profit After Tax)<\/td><td>\u20b913.07<\/td><td>\u20b922.40<\/td><td>\u20b919.33<\/td><td>\u20b911.53<\/td><\/tr>\n <tr><td>Net Worth<\/td><td>\u20b9156.78<\/td><td>\u20b9147.62<\/td><td>\u20b9125.17<\/td><td>\u20b9107.99<\/td><\/tr>\n <tr><td>Reserves & Surplus<\/td><td>\u20b9136.97<\/td><td>\u20b9127.69<\/td><td>\u20b9105.29<\/td><td>\u20b988.05<\/td><\/tr>\n <tr><td>Total Borrowings<\/td><td>\u20b992.46<\/td><td>\u20b988.19<\/td><td>\u20b997.45<\/td><td>\u20b993.06<\/td><\/tr>\n <tr><td>Total Assets<\/td><td>\u20b9317.00<\/td><td>\u20b9323.69<\/td><td>\u20b9320.99<\/td><td>\u20b9252.93<\/td><\/tr>\n <\/tbody>\n <\/table>\n <\/div>\n <p class=\"fin-note\">Restated Consolidated Figures | Source: RHP Filings<\/p>\n\n \n <h2 class=\"section-heading\">Key Financial Metrics (FY26)<\/h2>\n <div class=\"kpi-grid\">\n <div class=\"kpi-card\">\n <div class=\"kpi-value\">18.77%<\/div>\n <div class=\"kpi-label\">ROCE<\/div>\n <\/div>\n <div class=\"kpi-card\">\n <div class=\"kpi-value\">15.18%<\/div>\n <div class=\"kpi-label\">Return on Equity<\/div>\n <\/div>\n <div class=\"kpi-card\">\n <div class=\"kpi-value\">13.34%<\/div>\n <div class=\"kpi-label\">EBITDA Margin<\/div>\n <\/div>\n <div class=\"kpi-card\">\n <div class=\"kpi-value\">0.60<\/div>\n <div class=\"kpi-label\">Debt \/ Equity<\/div>\n <\/div>\n <div class=\"kpi-card\">\n <div class=\"kpi-value\">\u20b92.36<\/div>\n <div class=\"kpi-label\">FY26 EPS (Basic)<\/div>\n <\/div>\n <div class=\"kpi-card\">\n <div class=\"kpi-value\">9.58x<\/div>\n <div class=\"kpi-label\">Post-IPO P\/E (Ann.)<\/div>\n <\/div>\n <\/div>\n\n <hr class=\"divider\" \/>\n\n \n <h2 class=\"section-heading\">Issue Reservation<\/h2>\n <div class=\"table-container\">\n <table class=\"res-table\">\n <thead>\n <tr>\n <th>Investor Category<\/th>\n <th>Allocation Limit<\/th>\n <\/tr>\n <\/thead>\n <tbody>\n <tr><td>QIB Shares Offered<\/td><td>Not more than 50% of the Offer size<\/td><\/tr>\n <tr><td>Retail (RII) Shares Offered<\/td><td>Not less than 35% of the Offer<\/td><\/tr>\n <tr><td>NII (HNI) Shares Offered<\/td><td>Not less than 15% of the Offer<\/td><\/tr>\n <\/tbody>\n <\/table>\n <\/div>\n\n <hr class=\"divider\" \/>\n\n \n <h2 class=\"section-heading\">Objects of the Issue<\/h2>\n <p>\n The net proceeds from the fresh issue segment (\u20b992.50 Cr) are proposed to be allocated toward:\n <\/p>\n <ul class=\"objects-list\">\n <li>\n <span class=\"obj-label\">Funding capital expenditure towards purchase of plant and machinery<\/span>\n <span class=\"obj-amt\">\u20b954.93 Cr<\/span>\n <\/li>\n <li>\n <span class=\"obj-label\">Repayment and\/or prepayment, in part or full, of certain borrowings availed by the company<\/span>\n <span class=\"obj-amt\">\u20b915.00 Cr<\/span>\n <\/li>\n <li>\n <span class=\"obj-label\">General Corporate Purposes<\/span>\n <span class=\"obj-amt\">Balance<\/span>\n <\/li>\n <\/ul>\n\n \n <div class=\"cmr-verdict-card\">\n <div class=\"cmr-verdict-title\">The Final Verdict<\/div>\n <p>\n Manika Plastech Limited holds an established 30-year operational track record in polymer conversion and rigid industrial packaging. Its nationwide manufacturing presence enables proximity to major battery, paint, and dairy manufacturing clusters, minimizing transit costs and solidifying relationships with Tier-1 accounts.\n <\/p>\n <p style=\"margin-top: 10px;\">\n The primary proceeds are sensibly targeted: \u20b954.93 Cr earmarked for new plant and machinery expands capacity into higher-margin technical molding, while \u20b915 Cr in debt retirement reduces financial leverage (Debt\/Equity stands at 0.60). At the upper price band of \u20b943, the issue is valued at a reasonable P\/E of 18.22x based on FY26 earnings, and drops to ~9.58x on an annualized Q1 FY27 run-rate, with a total offer market capitalization of \u20b9501.00 Cr. Investors seeking an industrial ancillary play tied to automotive growth, paints, and energy storage expansion can consider this issue for medium-to-long-term allocation.\n <\/p>\n <\/div>\n\n \n <div class=\"cta-wrap\">\n <a class=\"cta-btn\" href=\"https:\/\/novo.flattrade.in\/\" target=\"_blank\" rel=\"noopener\">\n Apply for Manika Plastech IPO on Flattrade →\n <\/a>\n <\/div>\n\n <div class=\"source-note\">Source: Chittorgarh IPO Filings<\/div>\n\n<\/main>\n\n<\/body>\n<\/html>\n\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ce450c0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ce450c0\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a9997fe\" data-id=\"a9997fe\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7bfb018 elementor-widget elementor-widget-text-editor\" data-id=\"7bfb018\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<a class=\"ft-inline-light-cta\" href=\"https:\/\/instakyc.flattrade.in\/Signup?utm_source=Blog&utm_medium=organic&utm_campaign=Zero+Brokerage\" target=\"_blank\" rel=\"noopener\">\n <div class=\"cta-light-content\">\n <h2>Ready to Start Investing?<\/h2>\n <p>Open a free Demat account with Flattrade \u2013 <strong>ZERO BROKERAGE ON ALL SEGMENTS<\/strong>. Your first step costs nothing.<\/p>\n <span class=\"cta-light-btn-element\">Open Free Account<\/span>\n <\/div>\n<\/a>\n\n<style>\n\/* ==========================================================================\n FLATTRADE INDEPENDENT CTA ELEMENT (PRESERVED ORIGINAL LIGHT DESIGN)\n ========================================================================== *\/\n\n@import url('https:\/\/fonts.googleapis.com\/css2?family=Inter:wght@400;500;600;700&display=swap');\n\n.ft-inline-light-cta {\n width: 100%;\n max-width: 680px;\n margin: 1.5rem auto;\n display: flex;\n flex-direction: column;\n align-items: center;\n justify-content: center;\n text-decoration: none;\n position: relative;\n overflow: hidden;\n text-align: center;\n border-radius: 12px;\n \n \/* Original Light Layout Properties *\/\n background: #ffffff;\n color: #1a2a40;\n padding: clamp(1.75rem, 5vw, 2.75rem) clamp(1rem, 4vw, 2.25rem);\n box-shadow: 0 8px 24px rgba(10, 22, 40, 0.06);\n border: 1px solid #e2e8f0;\n font-family: 'Inter', sans-serif;\n transition: transform 0.2s ease, box-shadow 0.2s ease;\n}\n\n\/* Original radial light brand glow element *\/\n.ft-inline-light-cta::before {\n content: '';\n position: absolute;\n top: -40%;\n right: -20%;\n width: clamp(160px, 35vw, 280px);\n height: clamp(160px, 35vw, 280px);\n background: radial-gradient(circle, rgba(0, 102, 204, 0.05) 0%, rgba(0,0,0,0) 70%);\n pointer-events: none;\n}\n\n.cta-light-content {\n display: flex;\n flex-direction: column;\n align-items: center;\n justify-content: center;\n width: 100%;\n position: relative;\n z-index: 2;\n}\n\n\/* Original Title Light Styling *\/\n.ft-inline-light-cta h2 {\n color: #0a1628;\n font-size: clamp(19px, 3.8vw, 24px);\n font-weight: 700;\n margin-bottom: 10px;\n line-height: 1.3;\n letter-spacing: -0.02em;\n width: 100%;\n}\n\n\/* Original Paragraph Light Styling *\/\n.ft-inline-light-cta p { \n color: #4a5568; \n font-size: clamp(13.5px, 2.5vw, 14.5px); \n margin-bottom: clamp(18px, 4vw, 24px); \n line-height: 1.55;\n font-weight: 400;\n width: 100%;\n max-width: 520px;\n}\n\n\/* Original Bold Highlight Box Badge Light Styling *\/\n.ft-inline-light-cta p strong {\n color: #0066cc;\n font-weight: 600;\n background: rgba(0, 102, 204, 0.08);\n padding: 2px 6px;\n border-radius: 4px;\n display: inline-block;\n}\n\n\/* Original Flattrade Vivid Electric Blue Button Mapping *\/\n.cta-light-btn-element {\n display: inline-block;\n background: #0066cc;\n color: #ffffff;\n font-weight: 600;\n font-size: clamp(13.5px, 2.5vw, 14.5px);\n padding: 12px clamp(20px, 5vw, 36px);\n border-radius: 6px;\n box-shadow: 0 4px 12px rgba(0, 102, 204, 0.25);\n white-space: nowrap;\n width: auto;\n transition: background 0.2s ease, transform 0.1s ease, box-shadow 0.2s ease;\n}\n\n\/* Element wrapper hover actions routing down to the synthetic button element *\/\n.ft-inline-light-cta:hover {\n transform: translateY(-2px);\n box-shadow: 0 12px 32px rgba(10, 22, 40, 0.1);\n}\n\n.ft-inline-light-cta:hover .cta-light-btn-element {\n background: #0052a3; \n box-shadow: 0 6px 18px rgba(0, 102, 204, 0.35);\n}\n\n.ft-inline-light-cta:active {\n transform: scale(0.99);\n}\n\n.ft-inline-light-cta:active .cta-light-btn-element {\n transform: scale(0.98);\n box-shadow: 0 2px 6px rgba(0, 102, 204, 0.15);\n}\n\n\/* Media query adaptation for viewports under 480px width *\/\n@media (max-width: 480px) {\n .cta-light-btn-element {\n width: 100%;\n text-align: center;\n padding: 13px 16px; \n }\n}\n<\/style>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0fe6edb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0fe6edb\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9bf22fc\" data-id=\"9bf22fc\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-066f416 elementor-widget elementor-widget-text-editor\" data-id=\"066f416\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/google.com\/preferences\/source?q=https:\/\/flattrade.in\/\" class=\"ft-google-mini-btn\">\n\n\n <div class=\"mini-btn-content\">\n\n <span class=\"mini-top\">\n Stay updated with\n <\/span>\n\n <span class=\"mini-main\">\n\n <span class=\"flattrade-logo\">\n FLAT<span>TRADE<\/span>\n <small>KOSH<\/small>\n <\/span>\n \n\n on\n\n <span class=\"google-text\">\n <span class=\"g-blue\">G<\/span><span class=\"g-red\">o<\/span><span class=\"g-yellow\">o<\/span><span class=\"g-blue\">g<\/span><span class=\"g-green\">l<\/span><span class=\"g-red\">e<\/span>\n <\/span>\n\n <span class=\"arrow\">\u2197<\/span>\n\n <\/span>\n\n <span class=\"mini-desc\">\n Get market insights, IPO updates, and finance explainers more easily.\n <\/span>\n\n <\/div>\n\n<\/a>\n\n<style>\n\n\/* =========================\n FONT\n========================= *\/\n\n\n\/* =========================\n GLOBAL\n========================= *\/\n\n*{\n box-sizing:border-box;\n}\n\n\/* =========================\n BUTTON\n========================= *\/\n\n.ft-google-mini-btn{\n\n position:relative;\n\n display:inline-flex;\n\n align-items:center;\n\n gap:14px;\n\n width:100%;\n max-width:420px;\n\n padding:14px 16px;\n\n border-radius:18px;\n\n text-decoration:none;\n\n overflow:hidden;\n\n font-family:'Plus Jakarta Sans',sans-serif;\n\n border:1px solid #e5ebf5;\n\n background:\n linear-gradient(\n 135deg,\n #ffffff 0%,\n #f8fbff 50%,\n #f4f8fd 100%\n );\n\n box-shadow:\n 0 3px 8px rgba(15,23,42,0.03),\n 0 10px 20px rgba(15,23,42,0.05);\n\n transition:\n transform 0.25s ease,\n box-shadow 0.25s ease;\n}\n\n\/* =========================\n HOVER\n========================= *\/\n\n.ft-google-mini-btn:hover{\n\n transform:translateY(-2px);\n\n box-shadow:\n 0 8px 18px rgba(15,23,42,0.06),\n 0 18px 30px rgba(37,99,235,0.07);\n}\n\n\/* =========================\n GOOGLE ICON\n========================= *\/\n\n.google-icon{\n\n width:42px;\n\n height:42px;\n\n min-width:42px;\n}\n\n\/* =========================\n CONTENT\n========================= *\/\n\n.mini-btn-content{\n display:flex;\n flex-direction:column;\n}\n\n\/* =========================\n TOP TEXT\n========================= *\/\n\n.mini-top{\n\n font-size:11px;\n\n line-height:1.3;\n\n font-weight:700;\n\n color:#64748b;\n\n margin-bottom:2px;\n}\n\n\/* =========================\n MAIN TEXT\n========================= *\/\n\n.mini-main{\n\n font-size:15px;\n\n line-height:1.35;\n\n font-weight:800;\n\n color:#0f172a;\n}\n\n\/* =========================\n FLATTRADE LOGO\n========================= *\/\n\n.flattrade-logo{\n\n position:relative;\n\n display:inline-block;\n\n font-size:15px;\n\n font-weight:800;\n\n letter-spacing:-0.3px;\n\n color:#111827;\n}\n\n.flattrade-logo span{\n color:#2563eb;\n}\n\n.flattrade-logo small{\n\n position:absolute;\n\n right:-1px;\n\n bottom:-5px;\n\n font-size:4px;\n\n font-weight:800;\n\n color:#2563eb;\n\n letter-spacing:0.4px;\n}\n\n\/* =========================\n GOOGLE COLORS\n========================= *\/\n\n.google-text{\n font-weight:800;\n}\n\n.g-blue{\n color:#4285F4;\n}\n\n.g-red{\n color:#EA4335;\n}\n\n.g-yellow{\n color:#FBBC05;\n}\n\n.g-green{\n color:#34A853;\n}\n\n\/* =========================\n ARROW\n========================= *\/\n\n.arrow{\n color:#2563eb;\n}\n\n\/* =========================\n DESCRIPTION\n========================= *\/\n\n.mini-desc{\n\n margin-top:4px;\n\n font-size:10px;\n\n line-height:1.5;\n\n font-weight:500;\n\n color:#64748b;\n}\n\n\/* =========================\n MOBILE\n========================= *\/\n\n@media(max-width:480px){\n\n .ft-google-mini-btn{\n\n max-width:100%;\n\n padding:12px 14px;\n\n border-radius:16px;\n }\n\n .google-icon{\n\n width:36px;\n\n height:36px;\n\n min-width:36px;\n }\n\n .mini-main,\n .flattrade-logo{\n font-size:13px;\n }\n\n .mini-desc{\n font-size:9px;\n }\n\n}\n\n.ft-google-mini-btn {\n position: relative;\n display: inline-flex;\n align-items: center;\n gap: 14px;\n width: 100%;\n max-width: 420px;\n padding: 14px 16px;\n border-radius: 18px;\n text-decoration: none;\n overflow: hidden;\n font-family: 'Plus Jakarta Sans', sans-serif;\n\n \/* --- ENHANCED BORDER --- *\/\n border: 2px solid #2563eb; \/* Using the brand blue for a strong identity *\/\n \/* Alternative: border: 1.5px solid #cbd5e1; for a subtle slate grey *\/\n \n background: linear-gradient(135deg, #ffffff 0%, #f8fbff 50%, #f4f8fd 100%);\n box-shadow: 0 3px 8px rgba(15,23,42,0.03), 0 10px 20px rgba(15,23,42,0.05);\n transition: all 0.25s ease;\n}\n\n\/* =========================\n HOVER STATE BORDER\n========================= *\/\n.ft-google-mini-btn:hover {\n transform: translateY(-2px);\n border-color: #c5d4ff; \/* Darkens the border slightly on hover *\/\n box-shadow: 0 8px 12px rgba(37,99,235,0.15);\n}\n\n\n\n<\/style>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-812d141 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"812d141\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0737564\" data-id=\"0737564\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-467a659 elementor-widget elementor-widget-text-editor\" data-id=\"467a659\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<a class=\"ft-inline-light-cta\" href=\"https:\/\/instakyc.flattrade.in\/Signup?utm_source=Blog&utm_medium=organic&utm_campaign=Zero+Brokerage\" target=\"_blank\" rel=\"noopener\">\n <div class=\"cta-light-content\">\n <h2>Ready to Start Investing?<\/h2>\n <p>Open a free Demat account with Flattrade \u2013 <strong>ZERO BROKERAGE ON ALL SEGMENTS<\/strong>. Your first step costs nothing.<\/p>\n <span class=\"cta-light-btn-element\">Open Free Account<\/span>\n <\/div>\n<\/a>\n\n<style>\n\/* ==========================================================================\n FLATTRADE INDEPENDENT CTA ELEMENT (PRESERVED ORIGINAL LIGHT DESIGN)\n ========================================================================== *\/\n\n@import url('https:\/\/fonts.googleapis.com\/css2?family=Inter:wght@400;500;600;700&display=swap');\n\n.ft-inline-light-cta {\n width: 100%;\n max-width: 680px;\n margin: 1.5rem auto;\n display: flex;\n flex-direction: column;\n align-items: center;\n justify-content: center;\n text-decoration: none;\n position: relative;\n overflow: hidden;\n text-align: center;\n border-radius: 12px;\n \n \/* Original Light Layout Properties *\/\n background: #ffffff;\n color: #1a2a40;\n padding: clamp(1.75rem, 5vw, 2.75rem) clamp(1rem, 4vw, 2.25rem);\n box-shadow: 0 8px 24px rgba(10, 22, 40, 0.06);\n border: 1px solid #e2e8f0;\n font-family: 'Inter', sans-serif;\n transition: transform 0.2s ease, box-shadow 0.2s ease;\n}\n\n\/* Original radial light brand glow element *\/\n.ft-inline-light-cta::before {\n content: '';\n position: absolute;\n top: -40%;\n right: -20%;\n width: clamp(160px, 35vw, 280px);\n height: clamp(160px, 35vw, 280px);\n background: radial-gradient(circle, rgba(0, 102, 204, 0.05) 0%, rgba(0,0,0,0) 70%);\n pointer-events: none;\n}\n\n.cta-light-content {\n display: flex;\n flex-direction: column;\n align-items: center;\n justify-content: center;\n width: 100%;\n position: relative;\n z-index: 2;\n}\n\n\/* Original Title Light Styling *\/\n.ft-inline-light-cta h2 {\n color: #0a1628;\n font-size: clamp(19px, 3.8vw, 24px);\n font-weight: 700;\n margin-bottom: 10px;\n line-height: 1.3;\n letter-spacing: -0.02em;\n width: 100%;\n}\n\n\/* Original Paragraph Light Styling *\/\n.ft-inline-light-cta p { \n color: #4a5568; \n font-size: clamp(13.5px, 2.5vw, 14.5px); \n margin-bottom: clamp(18px, 4vw, 24px); \n line-height: 1.55;\n font-weight: 400;\n width: 100%;\n max-width: 520px;\n}\n\n\/* Original Bold Highlight Box Badge Light Styling *\/\n.ft-inline-light-cta p strong {\n color: #0066cc;\n font-weight: 600;\n background: rgba(0, 102, 204, 0.08);\n padding: 2px 6px;\n border-radius: 4px;\n display: inline-block;\n}\n\n\/* Original Flattrade Vivid Electric Blue Button Mapping *\/\n.cta-light-btn-element {\n display: inline-block;\n background: #0066cc;\n color: #ffffff;\n font-weight: 600;\n font-size: clamp(13.5px, 2.5vw, 14.5px);\n padding: 12px clamp(20px, 5vw, 36px);\n border-radius: 6px;\n box-shadow: 0 4px 12px rgba(0, 102, 204, 0.25);\n white-space: nowrap;\n width: auto;\n transition: background 0.2s ease, transform 0.1s ease, box-shadow 0.2s ease;\n}\n\n\/* Element wrapper hover actions routing down to the synthetic button element *\/\n.ft-inline-light-cta:hover {\n transform: translateY(-2px);\n box-shadow: 0 12px 32px rgba(10, 22, 40, 0.1);\n}\n\n.ft-inline-light-cta:hover .cta-light-btn-element {\n background: #0052a3; \n box-shadow: 0 6px 18px rgba(0, 102, 204, 0.35);\n}\n\n.ft-inline-light-cta:active {\n transform: scale(0.99);\n}\n\n.ft-inline-light-cta:active .cta-light-btn-element {\n transform: scale(0.98);\n box-shadow: 0 2px 6px rgba(0, 102, 204, 0.15);\n}\n\n\/* Media query adaptation for viewports under 480px width *\/\n@media (max-width: 480px) {\n .cta-light-btn-element {\n width: 100%;\n text-align: center;\n padding: 13px 16px; \n }\n}\n<\/style>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Manika Plastech IPO \u2013 Flattrade Kosh IPO Summary Price Band \u20b940 \u2013 \u20b943 FV: \u20b92 \/ share Issue…","protected":false},"author":10,"featured_media":53268,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-53261","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ipos","cs-entry","cs-video-wrap"],"yoast_head":"\n<title>Manika Plastech IPO - Flattrade Kosh<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Manika Plastech IPO - Flattrade Kosh\" \/>\n<meta property=\"og:description\" content=\"Manika Plastech IPO \u2013 Flattrade Kosh IPO Summary Price Band \u20b940 \u2013 \u20b943 FV: \u20b92 \/ share Issue…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/\" \/>\n<meta property=\"og:site_name\" content=\"Flattrade Kosh\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-09T10:16:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-07-at-12.40.50-PM-1.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Prashant Gorhe\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@GorhePrashant\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Prashant Gorhe\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/\"},\"author\":{\"name\":\"Prashant Gorhe\",\"@id\":\"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/4abc93838bc7642e3e445b74cd627dc2\"},\"headline\":\"Manika Plastech IPO\",\"datePublished\":\"2026-09-09T10:16:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/\"},\"wordCount\":608,\"image\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-07-at-12.40.50-PM-1.jpeg\",\"articleSection\":[\"IPOs\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/\",\"url\":\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/\",\"name\":\"Manika Plastech IPO - Flattrade Kosh\",\"isPartOf\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-07-at-12.40.50-PM-1.jpeg\",\"datePublished\":\"2026-09-09T10:16:36+00:00\",\"author\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/4abc93838bc7642e3e445b74cd627dc2\"},\"breadcrumb\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#primaryimage\",\"url\":\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-07-at-12.40.50-PM-1.jpeg\",\"contentUrl\":\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-07-at-12.40.50-PM-1.jpeg\",\"width\":1200,\"height\":675},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/flattrade.in\/kosh\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Manika Plastech IPO\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/flattrade.in\/kosh\/#website\",\"url\":\"https:\/\/flattrade.in\/kosh\/\",\"name\":\"Flattrade Kosh\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/flattrade.in\/kosh\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/4abc93838bc7642e3e445b74cd627dc2\",\"name\":\"Prashant Gorhe\",\"sameAs\":[\"http:\/\/prashantgorhe.com\",\"https:\/\/www.instagram.com\/prashant_gorhe\/\",\"https:\/\/www.linkedin.com\/in\/prashantgorhe\/\",\"https:\/\/x.com\/GorhePrashant\"],\"url\":\"https:\/\/flattrade.in\/kosh\/author\/prashant\/\"}]}<\/script>\n","yoast_head_json":{"title":"Manika Plastech IPO - Flattrade Kosh","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/","og_locale":"en_US","og_type":"article","og_title":"Manika Plastech IPO - Flattrade Kosh","og_description":"Manika Plastech IPO \u2013 Flattrade Kosh IPO Summary Price Band \u20b940 \u2013 \u20b943 FV: \u20b92 \/ share Issue…","og_url":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/","og_site_name":"Flattrade Kosh","article_published_time":"2026-09-09T10:16:36+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-07-at-12.40.50-PM-1.jpeg","type":"image\/jpeg"}],"author":"Prashant Gorhe","twitter_card":"summary_large_image","twitter_creator":"@GorhePrashant","twitter_misc":{"Written by":"Prashant Gorhe","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#article","isPartOf":{"@id":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/"},"author":{"name":"Prashant Gorhe","@id":"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/4abc93838bc7642e3e445b74cd627dc2"},"headline":"Manika Plastech IPO","datePublished":"2026-09-09T10:16:36+00:00","mainEntityOfPage":{"@id":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/"},"wordCount":608,"image":{"@id":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#primaryimage"},"thumbnailUrl":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-07-at-12.40.50-PM-1.jpeg","articleSection":["IPOs"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/","url":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/","name":"Manika Plastech IPO - Flattrade Kosh","isPartOf":{"@id":"https:\/\/flattrade.in\/kosh\/#website"},"primaryImageOfPage":{"@id":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#primaryimage"},"image":{"@id":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#primaryimage"},"thumbnailUrl":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-07-at-12.40.50-PM-1.jpeg","datePublished":"2026-09-09T10:16:36+00:00","author":{"@id":"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/4abc93838bc7642e3e445b74cd627dc2"},"breadcrumb":{"@id":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#primaryimage","url":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-07-at-12.40.50-PM-1.jpeg","contentUrl":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-07-at-12.40.50-PM-1.jpeg","width":1200,"height":675},{"@type":"BreadcrumbList","@id":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/flattrade.in\/kosh\/"},{"@type":"ListItem","position":2,"name":"Manika Plastech IPO"}]},{"@type":"WebSite","@id":"https:\/\/flattrade.in\/kosh\/#website","url":"https:\/\/flattrade.in\/kosh\/","name":"Flattrade Kosh","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/flattrade.in\/kosh\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/4abc93838bc7642e3e445b74cd627dc2","name":"Prashant Gorhe","sameAs":["http:\/\/prashantgorhe.com","https:\/\/www.instagram.com\/prashant_gorhe\/","https:\/\/www.linkedin.com\/in\/prashantgorhe\/","https:\/\/x.com\/GorhePrashant"],"url":"https:\/\/flattrade.in\/kosh\/author\/prashant\/"}]}},"_links":{"self":[{"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/posts\/53261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/comments?post=53261"}],"version-history":[{"count":0,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/posts\/53261\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/media\/53268"}],"wp:attachment":[{"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/media?parent=53261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/categories?post=53261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/tags?post=53261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

\n\t\t\t\t\t\t

\n\t\t\t\t\t

\n\t\t\t

\n\t\t\t\t\t\t

\n\t\t\t\t

\n\t\t\t\t\t\t\t\t\t\n\n\n \n \n Manika Plastech IPO \u2013 Flattrade Kosh<\/title>\n <style>\n \/* ==========================================================================\n 1. DESIGN TOKENS & RESET\n ========================================================================== *\/\n :root {\n --brand-primary: #16a34a;\n --brand-primary-hover: #15803d;\n --brand-light: #f0fdf4;\n --brand-border: #bbf7d0;\n \n --neutral-900: #0f172a;\n --neutral-800: #1e293b;\n --neutral-700: #334155;\n --neutral-600: #475569;\n --neutral-500: #64748b;\n --neutral-200: #e2e8f0;\n --neutral-100: #f1f5f9;\n --neutral-50: #f8fafc;\n --surface: #ffffff;\n \n --radius-sm: 6px;\n --radius-md: 10px;\n --radius-lg: 16px;\n --radius-full: 9999px;\n \n --shadow-subtle: 0 1px 3px rgba(0, 0, 0, 0.04), 0 1px 2px rgba(0, 0, 0, 0.02);\n --shadow-card: 0 4px 12px -2px rgba(15, 23, 42, 0.06), 0 2px 6px -2px rgba(15, 23, 42, 0.04);\n --shadow-hover: 0 12px 24px -4px rgba(15, 23, 42, 0.10);\n \n --font-stack: -apple-system, BlinkMacSystemFont, \"Segoe UI\", Roboto, Inter, \"Helvetica Neue\", sans-serif;\n }\n\n *, *::before, *::after {\n box-sizing: border-box;\n margin: 0;\n padding: 0;\n }\n\n body {\n font-family: var(--font-stack);\n background-color: var(--neutral-50);\n color: var(--neutral-700);\n line-height: 1.75;\n -webkit-font-smoothing: antialiased;\n }\n\n \/* ==========================================================================\n 2. LAYOUT WRAPPER\n ========================================================================== *\/\n .cmr-article-wrapper {\n max-width: 760px;\n margin: 32px px 64px;\n background: var(--surface);\n border: 1px solid var(--neutral-200);\n border-radius: var(--radius-lg);\n padding: 40px 32px;\n box-shadow: var(--shadow-card);\n }\n\n \/* ==========================================================================\n 3. HEADER & META\n ========================================================================== *\/\n .meta-bar {\n display: flex;\n align-items: center;\n gap: 10px;\n margin-bottom: 18px;\n }\n\n .tag-badge {\n display: inline-flex;\n align-items: center;\n gap: 6px;\n background: var(--brand-light);\n color: var(--brand-primary);\n border: 1px solid var(--brand-border);\n border-radius: var(--radius-full);\n padding: 3px 12px;\n font-size: 11px;\n font-weight: 700;\n letter-spacing: 0.06em;\n text-transform: uppercase;\n }\n\n .tag-badge::before {\n content: \"\";\n width: 6px;\n height: 6px;\n background-color: var(--brand-primary);\n border-radius: 50%;\n }\n\n .meta-source {\n font-size: 13px;\n font-weight: 500;\n color: var(--neutral-500);\n }\n\n h1.post-title {\n font-size: 28px;\n font-weight: 800;\n color: var(--neutral-900);\n line-height: 1.25;\n letter-spacing: -0.02em;\n margin-bottom: 24px;\n }\n\n h2.section-heading {\n font-size: 19px;\n font-weight: 700;\n color: var(--neutral-900);\n margin: 36px 0 16px;\n letter-spacing: -0.01em;\n display: flex;\n align-items: center;\n gap: 8px;\n }\n\n .cmr-article-wrapper p {\n font-size: 15.5px;\n margin-bottom: 18px;\n color: var(--neutral-700);\n text-align: justify;\n }\n\n .cmr-article-wrapper strong {\n color: var(--neutral-900);\n font-weight: 600;\n }\n\n \/* ==========================================================================\n 4. IPO AT A GLANCE GRID\n ========================================================================== *\/\n .cmr-glance-title {\n font-size: 12px;\n font-weight: 700;\n color: var(--neutral-500);\n text-transform: uppercase;\n letter-spacing: 0.08em;\n margin: 28px 0 14px;\n display: flex;\n align-items: center;\n gap: 12px;\n }\n\n .cmr-glance-title::after {\n content: '';\n flex: 1;\n height: 1px;\n background: var(--neutral-200);\n }\n\n .cmr-glance-grid {\n display: grid;\n grid-template-columns: repeat(3, 1fr);\n gap: 12px;\n margin-bottom: 16px;\n }\n\n .cmr-glance-item {\n background: var(--neutral-50);\n border: 1px solid var(--neutral-200);\n border-radius: var(--radius-md);\n padding: 16px;\n transition: all 0.2s ease-in-out;\n }\n\n .cmr-glance-item:hover {\n background: var(--surface);\n border-color: #cbd5e1;\n transform: translateY(-2px);\n box-shadow: var(--shadow-subtle);\n }\n\n .cmr-glance-item.cmr-highlight {\n background: linear-gradient(145deg, #ffffff, var(--brand-light));\n border-color: var(--brand-border);\n }\n\n .cmr-glance-item.cmr-highlight .cmr-g-value {\n color: var(--brand-primary);\n }\n\n .cmr-g-label {\n font-size: 11px;\n color: var(--neutral-500);\n text-transform: uppercase;\n font-weight: 600;\n letter-spacing: 0.04em;\n margin-bottom: 4px;\n }\n\n .cmr-g-value {\n font-size: 17px;\n font-weight: 800;\n color: var(--neutral-900);\n line-height: 1.25;\n }\n\n .cmr-g-sub {\n font-size: 12px;\n color: var(--neutral-500);\n margin-top: 4px;\n }\n\n .glance-badge {\n background: var(--neutral-100);\n border: 1px solid var(--neutral-200);\n border-radius: var(--radius-sm);\n padding: 10px 14px;\n font-size: 13px;\n color: var(--neutral-600);\n margin-bottom: 28px;\n font-weight: 500;\n text-align: center;\n }\n\n \/* ==========================================================================\n 5. FEATURE LISTS\n ========================================================================== *\/\n .cmr-feature-list {\n list-style: none;\n padding: 0;\n margin: 20px 0;\n display: flex;\n flex-direction: column;\n gap: 12px;\n }\n\n .cmr-feature-list li {\n position: relative;\n padding-left: 28px;\n font-size: 15px;\n color: var(--neutral-700);\n }\n\n .cmr-feature-list li::before {\n \n position: absolute;\n left: 0;\n top: 1px;\n width: 18px;\n height: 18px;\n background: var(--brand-light);\n color: var(--brand-primary);\n border: 1px solid var(--brand-border);\n border-radius: 50%;\n display: flex;\n align-items: center;\n justify-content: center;\n font-size: 11px;\n font-weight: 800;\n }\n\n \/* ==========================================================================\n 6. TABLES (FINANCIAL & RESERVATION)\n ========================================================================== *\/\n .table-container {\n width: 100%;\n overflow-x: auto;\n -webkit-overflow-scrolling: touch;\n margin: 18px 0;\n border: 1px solid var(--neutral-200);\n border-radius: var(--radius-md);\n background: var(--surface);\n }\n\n .fin-table, .res-table {\n width: 100%;\n border-collapse: collapse;\n font-size: 14.5px;\n text-align: left;\n }\n\n .fin-table th, .fin-table td,\n .res-table th, .res-table td {\n padding: 12px 18px;\n border-bottom: 1px solid var(--neutral-200);\n }\n\n .fin-table thead tr, .res-table thead tr {\n background: var(--neutral-100);\n }\n\n .fin-table th {\n font-weight: 700;\n color: var(--neutral-800);\n text-align: right;\n }\n\n .fin-table th:first-child, .res-table th {\n text-align: left;\n }\n\n .fin-table td {\n color: var(--neutral-700);\n text-align: right;\n font-variant-numeric: tabular-nums;\n }\n\n .res-table td {\n color: var(--neutral-700);\n text-align: left;\n }\n\n .fin-table td:first-child, .res-table td:first-child {\n text-align: left;\n font-weight: 600;\n color: var(--neutral-900);\n }\n\n .fin-table tbody tr:hover, .res-table tbody tr:hover {\n background-color: var(--neutral-50);\n }\n\n .fin-table tbody tr:last-child td, .res-table tbody tr:last-child td {\n border-bottom: none;\n }\n\n .fin-note {\n font-size: 12px;\n color: var(--neutral-500);\n margin-top: 6px;\n margin-bottom: 24px;\n }\n\n \/* ==========================================================================\n 7. KPI STATS CARDS\n ========================================================================== *\/\n .kpi-grid {\n display: grid;\n grid-template-columns: repeat(3, 1fr);\n gap: 12px;\n margin: 20px 0 28px;\n }\n\n .kpi-card {\n background: var(--neutral-50);\n border: 1px solid var(--neutral-200);\n border-radius: var(--radius-md);\n padding: 16px 12px;\n text-align: center;\n transition: all 0.2s ease;\n }\n\n .kpi-card:hover {\n background: var(--surface);\n border-color: var(--brand-border);\n transform: translateY(-2px);\n box-shadow: var(--shadow-subtle);\n }\n\n .kpi-card .kpi-value {\n font-size: 20px;\n font-weight: 800;\n color: var(--brand-primary);\n line-height: 1.2;\n }\n\n .kpi-card .kpi-label {\n font-size: 11px;\n color: var(--neutral-500);\n text-transform: uppercase;\n letter-spacing: 0.05em;\n margin-top: 4px;\n font-weight: 600;\n }\n\n \/* ==========================================================================\n 8. OBJECTS OF THE ISSUE LIST\n ========================================================================== *\/\n .objects-list {\n list-style: none;\n padding: 0;\n margin: 20px 0;\n display: flex;\n flex-direction: column;\n gap: 10px;\n }\n\n .objects-list li {\n display: flex;\n justify-content: space-between;\n align-items: center;\n padding: 14px 18px;\n border-radius: var(--radius-md);\n background: var(--neutral-50);\n border: 1px solid var(--neutral-200);\n font-size: 14.5px;\n }\n\n .objects-list li .obj-label {\n color: var(--neutral-700);\n }\n\n .objects-list li .obj-amt {\n font-weight: 700;\n color: var(--neutral-900);\n white-space: nowrap;\n margin-left: 16px;\n background: var(--surface);\n padding: 2px 8px;\n border-radius: var(--radius-sm);\n border: 1px solid var(--neutral-200);\n }\n\n \/* ==========================================================================\n 9. VERDICT BOX & CTA\n ========================================================================== *\/\n .cmr-verdict-card {\n background: linear-gradient(145deg, #ffffff 0%, var(--brand-light) 100%);\n border: 1px solid var(--brand-border);\n border-left: 5px solid var(--brand-primary);\n padding: 24px;\n border-radius: var(--radius-md);\n margin: 36px 0;\n }\n\n .cmr-verdict-title {\n font-size: 17px;\n font-weight: 800;\n color: var(--neutral-900);\n margin-bottom: 8px;\n }\n\n .cta-wrap {\n text-align: center;\n margin: 36px 0 16px;\n }\n\n .cta-btn {\n display: inline-flex;\n align-items: center;\n justify-content: center;\n gap: 8px;\n background: var(--brand-primary);\n color: #ffffff !important;\n font-size: 15px;\n font-weight: 700;\n text-decoration: none !important;\n padding: 14px 36px;\n border-radius: var(--radius-full);\n box-shadow: 0 4px 14px rgba(22, 163, 74, 0.25);\n transition: all 0.2s ease;\n cursor: pointer;\n }\n\n .cta-btn:hover {\n background: var(--brand-primary-hover);\n transform: translateY(-2px);\n box-shadow: 0 6px 20px rgba(22, 163, 74, 0.35);\n }\n\n .source-note {\n font-size: 12px;\n color: var(--neutral-500);\n margin-top: 32px;\n border-top: 1px solid var(--neutral-200);\n padding-top: 14px;\n text-align: center;\n }\n\n hr.divider {\n border: none;\n border-top: 1px solid var(--neutral-200);\n margin: 32px 0;\n }\n\n \/* ==========================================================================\n 10. RESPONSIVE MOBILE BREAKPOINTS\n ========================================================================== *\/\n @media (max-width: 640px) {\n .cmr-article-wrapper {\n margin: 16px 12px;\n padding: 24px 16px;\n border-radius: var(--radius-md);\n }\n\n h1.post-title {\n font-size: 22px;\n }\n\n .cmr-glance-grid {\n grid-template-columns: repeat(2, 1fr);\n }\n\n .kpi-grid {\n grid-template-columns: repeat(2, 1fr);\n }\n\n .objects-list li {\n flex-direction: column;\n align-items: flex-start;\n gap: 6px;\n }\n\n .objects-list li .obj-amt {\n margin-left: 0;\n }\n\n .cta-btn {\n width: 100%;\n padding: 14px 20px;\n }\n }\n <\/style>\n<\/head>\n<body>\n\n<main class=\"cmr-article-wrapper\">\n\n\n \n <div class=\"cmr-glance-title\">IPO Summary<\/div>\n \n <div class=\"cmr-glance-grid\">\n <div class=\"cmr-glance-item cmr-highlight\">\n <div class=\"cmr-g-label\">Price Band<\/div>\n <div class=\"cmr-g-value\">\u20b940 \u2013 \u20b943<\/div>\n <div class=\"cmr-g-sub\">FV: \u20b92 \/ share<\/div>\n <\/div>\n\n <div class=\"cmr-glance-item cmr-highlight\">\n <div class=\"cmr-g-label\">Issue Dates<\/div>\n <div class=\"cmr-g-value\">Sep 11 \u2013 16<\/div>\n <div class=\"cmr-g-sub\">Year: 2026<\/div>\n <\/div>\n\n <div class=\"cmr-glance-item\">\n <div class=\"cmr-g-label\">Lot Size<\/div>\n <div class=\"cmr-g-value\">348 Shares<\/div>\n <div class=\"cmr-g-sub\">Min: \u20b914,964<\/div>\n <\/div>\n\n <div class=\"cmr-glance-item\">\n <div class=\"cmr-g-label\">Total Issue Size<\/div>\n <div class=\"cmr-g-value\">\u20b9125.50 Cr<\/div>\n <div class=\"cmr-g-sub\">Fresh + OFS<\/div>\n <\/div>\n\n <div class=\"cmr-glance-item\">\n <div class=\"cmr-g-label\">Listing At<\/div>\n <div class=\"cmr-g-value\">BSE & NSE<\/div>\n <div class=\"cmr-g-sub\">Tentative: Sep 21<\/div>\n <\/div>\n\n <div class=\"cmr-glance-item\">\n <div class=\"cmr-g-label\">Lead Manager<\/div>\n <div class=\"cmr-g-value\" style=\"font-size: 14px;\">Pantomath Capital<\/div>\n <div class=\"cmr-g-sub\">Reg: MUFG Intime<\/div>\n <\/div>\n <\/div>\n\n\n\n \n <h2 class=\"section-heading\">About the Business<\/h2>\n <p>\n Incorporated in <strong>1996<\/strong>, Manika Plastech Limited is a specialized packaging solutions company engaged in manufacturing customized rigid polymer packaging products, primarily battery casings, industrial pails, and food-grade thinwall containers.\n <\/p>\n <p>\n The company provides turnkey solutions spanning design and development, material sourcing, precision molding, heat-sealing, labelling, and testing. Its automotive battery casings are manufactured to international standards (including Japanese JIS and German DIN).\n <\/p>\n\n <ul class=\"cmr-feature-list\">\n <li><strong>Broad Product Portfolio:<\/strong> Heavy-duty industrial battery casings (automotive, solar, telecom, energy storage), industrial pails (paints, lubricants, agrochemicals), and thinwall containers (dairy, ice cream, packaged food).<\/li>\n <li><strong>Strategic Geographic Footprint:<\/strong> 7 operating facilities across India (6 manufacturing units in Dehradun, Hosur, Panipat, Una, and Dadra, plus 1 painting facility in Hosur).<\/li>\n <li><strong>Marquee Clientele:<\/strong> Longstanding supply partnerships with industry leaders such as Livguard, Luminous Power, Genus Innovation, Vadilal Industries, Grasim Industries, Kansai Nerolac, JSW Paints, TVS Motor, and Ultraviolette Automotive.<\/li>\n <li><strong>Customer Stickiness:<\/strong> Long operating history of over two decades, with its top 20 clients maintaining an average relationship tenure exceeding 10 years.<\/li>\n <\/ul>\n\n <p>\n The company’s promoters are <strong>Nikunj Mohanlal Kapadia, Munjal Nikunj Kapadia, Mihir Nikunj Kapadia, Pratik Nikunj Kapadia, and Vridaa Holding Trust<\/strong>.\n <\/p>\n\n <hr class=\"divider\" \/>\n\n \n <h2 class=\"section-heading\">Financial Overview<\/h2>\n <p>\n Manika Plastech Ltd. has demonstrated steady compounding across revenues and margins, with FY26 revenues rising to \u20b9437.26 Cr and PAT expanding to \u20b922.40 Cr. Momentum accelerated further in Q1 FY27, recording \u20b913.07 Cr in net profit in a single quarter.\n <\/p>\n\n <div class=\"table-container\">\n <table class=\"fin-table\">\n <thead>\n <tr>\n <th>Metric (\u20b9 Cr)<\/th>\n <th>Q1 FY 2027<\/th>\n <th>FY 2026<\/th>\n <th>FY 2025<\/th>\n <th>FY 2024<\/th>\n <\/tr>\n <\/thead>\n <tbody>\n <tr><td>Total Income<\/td><td>\u20b9162.71<\/td><td>\u20b9437.26<\/td><td>\u20b9412.59<\/td><td>\u20b9368.76<\/td><\/tr>\n <tr><td>Operating EBITDA<\/td><td>\u20b924.38<\/td><td>\u20b958.14<\/td><td>\u20b945.30<\/td><td>\u20b930.86<\/td><\/tr>\n <tr><td>PAT (Profit After Tax)<\/td><td>\u20b913.07<\/td><td>\u20b922.40<\/td><td>\u20b919.33<\/td><td>\u20b911.53<\/td><\/tr>\n <tr><td>Net Worth<\/td><td>\u20b9156.78<\/td><td>\u20b9147.62<\/td><td>\u20b9125.17<\/td><td>\u20b9107.99<\/td><\/tr>\n <tr><td>Reserves & Surplus<\/td><td>\u20b9136.97<\/td><td>\u20b9127.69<\/td><td>\u20b9105.29<\/td><td>\u20b988.05<\/td><\/tr>\n <tr><td>Total Borrowings<\/td><td>\u20b992.46<\/td><td>\u20b988.19<\/td><td>\u20b997.45<\/td><td>\u20b993.06<\/td><\/tr>\n <tr><td>Total Assets<\/td><td>\u20b9317.00<\/td><td>\u20b9323.69<\/td><td>\u20b9320.99<\/td><td>\u20b9252.93<\/td><\/tr>\n <\/tbody>\n <\/table>\n <\/div>\n <p class=\"fin-note\">Restated Consolidated Figures | Source: RHP Filings<\/p>\n\n \n <h2 class=\"section-heading\">Key Financial Metrics (FY26)<\/h2>\n <div class=\"kpi-grid\">\n <div class=\"kpi-card\">\n <div class=\"kpi-value\">18.77%<\/div>\n <div class=\"kpi-label\">ROCE<\/div>\n <\/div>\n <div class=\"kpi-card\">\n <div class=\"kpi-value\">15.18%<\/div>\n <div class=\"kpi-label\">Return on Equity<\/div>\n <\/div>\n <div class=\"kpi-card\">\n <div class=\"kpi-value\">13.34%<\/div>\n <div class=\"kpi-label\">EBITDA Margin<\/div>\n <\/div>\n <div class=\"kpi-card\">\n <div class=\"kpi-value\">0.60<\/div>\n <div class=\"kpi-label\">Debt \/ Equity<\/div>\n <\/div>\n <div class=\"kpi-card\">\n <div class=\"kpi-value\">\u20b92.36<\/div>\n <div class=\"kpi-label\">FY26 EPS (Basic)<\/div>\n <\/div>\n <div class=\"kpi-card\">\n <div class=\"kpi-value\">9.58x<\/div>\n <div class=\"kpi-label\">Post-IPO P\/E (Ann.)<\/div>\n <\/div>\n <\/div>\n\n <hr class=\"divider\" \/>\n\n \n <h2 class=\"section-heading\">Issue Reservation<\/h2>\n <div class=\"table-container\">\n <table class=\"res-table\">\n <thead>\n <tr>\n <th>Investor Category<\/th>\n <th>Allocation Limit<\/th>\n <\/tr>\n <\/thead>\n <tbody>\n <tr><td>QIB Shares Offered<\/td><td>Not more than 50% of the Offer size<\/td><\/tr>\n <tr><td>Retail (RII) Shares Offered<\/td><td>Not less than 35% of the Offer<\/td><\/tr>\n <tr><td>NII (HNI) Shares Offered<\/td><td>Not less than 15% of the Offer<\/td><\/tr>\n <\/tbody>\n <\/table>\n <\/div>\n\n <hr class=\"divider\" \/>\n\n \n <h2 class=\"section-heading\">Objects of the Issue<\/h2>\n <p>\n The net proceeds from the fresh issue segment (\u20b992.50 Cr) are proposed to be allocated toward:\n <\/p>\n <ul class=\"objects-list\">\n <li>\n <span class=\"obj-label\">Funding capital expenditure towards purchase of plant and machinery<\/span>\n <span class=\"obj-amt\">\u20b954.93 Cr<\/span>\n <\/li>\n <li>\n <span class=\"obj-label\">Repayment and\/or prepayment, in part or full, of certain borrowings availed by the company<\/span>\n <span class=\"obj-amt\">\u20b915.00 Cr<\/span>\n <\/li>\n <li>\n <span class=\"obj-label\">General Corporate Purposes<\/span>\n <span class=\"obj-amt\">Balance<\/span>\n <\/li>\n <\/ul>\n\n \n <div class=\"cmr-verdict-card\">\n <div class=\"cmr-verdict-title\">The Final Verdict<\/div>\n <p>\n Manika Plastech Limited holds an established 30-year operational track record in polymer conversion and rigid industrial packaging. Its nationwide manufacturing presence enables proximity to major battery, paint, and dairy manufacturing clusters, minimizing transit costs and solidifying relationships with Tier-1 accounts.\n <\/p>\n <p style=\"margin-top: 10px;\">\n The primary proceeds are sensibly targeted: \u20b954.93 Cr earmarked for new plant and machinery expands capacity into higher-margin technical molding, while \u20b915 Cr in debt retirement reduces financial leverage (Debt\/Equity stands at 0.60). At the upper price band of \u20b943, the issue is valued at a reasonable P\/E of 18.22x based on FY26 earnings, and drops to ~9.58x on an annualized Q1 FY27 run-rate, with a total offer market capitalization of \u20b9501.00 Cr. Investors seeking an industrial ancillary play tied to automotive growth, paints, and energy storage expansion can consider this issue for medium-to-long-term allocation.\n <\/p>\n <\/div>\n\n \n <div class=\"cta-wrap\">\n <a class=\"cta-btn\" href=\"https:\/\/novo.flattrade.in\/\" target=\"_blank\" rel=\"noopener\">\n Apply for Manika Plastech IPO on Flattrade →\n <\/a>\n <\/div>\n\n <div class=\"source-note\">Source: Chittorgarh IPO Filings<\/div>\n\n<\/main>\n\n<\/body>\n<\/html>\n\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ce450c0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ce450c0\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a9997fe\" data-id=\"a9997fe\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7bfb018 elementor-widget elementor-widget-text-editor\" data-id=\"7bfb018\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<a class=\"ft-inline-light-cta\" href=\"https:\/\/instakyc.flattrade.in\/Signup?utm_source=Blog&utm_medium=organic&utm_campaign=Zero+Brokerage\" target=\"_blank\" rel=\"noopener\">\n <div class=\"cta-light-content\">\n <h2>Ready to Start Investing?<\/h2>\n <p>Open a free Demat account with Flattrade \u2013 <strong>ZERO BROKERAGE ON ALL SEGMENTS<\/strong>. Your first step costs nothing.<\/p>\n <span class=\"cta-light-btn-element\">Open Free Account<\/span>\n <\/div>\n<\/a>\n\n<style>\n\/* ==========================================================================\n FLATTRADE INDEPENDENT CTA ELEMENT (PRESERVED ORIGINAL LIGHT DESIGN)\n ========================================================================== *\/\n\n@import url('https:\/\/fonts.googleapis.com\/css2?family=Inter:wght@400;500;600;700&display=swap');\n\n.ft-inline-light-cta {\n width: 100%;\n max-width: 680px;\n margin: 1.5rem auto;\n display: flex;\n flex-direction: column;\n align-items: center;\n justify-content: center;\n text-decoration: none;\n position: relative;\n overflow: hidden;\n text-align: center;\n border-radius: 12px;\n \n \/* Original Light Layout Properties *\/\n background: #ffffff;\n color: #1a2a40;\n padding: clamp(1.75rem, 5vw, 2.75rem) clamp(1rem, 4vw, 2.25rem);\n box-shadow: 0 8px 24px rgba(10, 22, 40, 0.06);\n border: 1px solid #e2e8f0;\n font-family: 'Inter', sans-serif;\n transition: transform 0.2s ease, box-shadow 0.2s ease;\n}\n\n\/* Original radial light brand glow element *\/\n.ft-inline-light-cta::before {\n content: '';\n position: absolute;\n top: -40%;\n right: -20%;\n width: clamp(160px, 35vw, 280px);\n height: clamp(160px, 35vw, 280px);\n background: radial-gradient(circle, rgba(0, 102, 204, 0.05) 0%, rgba(0,0,0,0) 70%);\n pointer-events: none;\n}\n\n.cta-light-content {\n display: flex;\n flex-direction: column;\n align-items: center;\n justify-content: center;\n width: 100%;\n position: relative;\n z-index: 2;\n}\n\n\/* Original Title Light Styling *\/\n.ft-inline-light-cta h2 {\n color: #0a1628;\n font-size: clamp(19px, 3.8vw, 24px);\n font-weight: 700;\n margin-bottom: 10px;\n line-height: 1.3;\n letter-spacing: -0.02em;\n width: 100%;\n}\n\n\/* Original Paragraph Light Styling *\/\n.ft-inline-light-cta p { \n color: #4a5568; \n font-size: clamp(13.5px, 2.5vw, 14.5px); \n margin-bottom: clamp(18px, 4vw, 24px); \n line-height: 1.55;\n font-weight: 400;\n width: 100%;\n max-width: 520px;\n}\n\n\/* Original Bold Highlight Box Badge Light Styling *\/\n.ft-inline-light-cta p strong {\n color: #0066cc;\n font-weight: 600;\n background: rgba(0, 102, 204, 0.08);\n padding: 2px 6px;\n border-radius: 4px;\n display: inline-block;\n}\n\n\/* Original Flattrade Vivid Electric Blue Button Mapping *\/\n.cta-light-btn-element {\n display: inline-block;\n background: #0066cc;\n color: #ffffff;\n font-weight: 600;\n font-size: clamp(13.5px, 2.5vw, 14.5px);\n padding: 12px clamp(20px, 5vw, 36px);\n border-radius: 6px;\n box-shadow: 0 4px 12px rgba(0, 102, 204, 0.25);\n white-space: nowrap;\n width: auto;\n transition: background 0.2s ease, transform 0.1s ease, box-shadow 0.2s ease;\n}\n\n\/* Element wrapper hover actions routing down to the synthetic button element *\/\n.ft-inline-light-cta:hover {\n transform: translateY(-2px);\n box-shadow: 0 12px 32px rgba(10, 22, 40, 0.1);\n}\n\n.ft-inline-light-cta:hover .cta-light-btn-element {\n background: #0052a3; \n box-shadow: 0 6px 18px rgba(0, 102, 204, 0.35);\n}\n\n.ft-inline-light-cta:active {\n transform: scale(0.99);\n}\n\n.ft-inline-light-cta:active .cta-light-btn-element {\n transform: scale(0.98);\n box-shadow: 0 2px 6px rgba(0, 102, 204, 0.15);\n}\n\n\/* Media query adaptation for viewports under 480px width *\/\n@media (max-width: 480px) {\n .cta-light-btn-element {\n width: 100%;\n text-align: center;\n padding: 13px 16px; \n }\n}\n<\/style>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0fe6edb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0fe6edb\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9bf22fc\" data-id=\"9bf22fc\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-066f416 elementor-widget elementor-widget-text-editor\" data-id=\"066f416\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/google.com\/preferences\/source?q=https:\/\/flattrade.in\/\" class=\"ft-google-mini-btn\">\n\n\n <div class=\"mini-btn-content\">\n\n <span class=\"mini-top\">\n Stay updated with\n <\/span>\n\n <span class=\"mini-main\">\n\n <span class=\"flattrade-logo\">\n FLAT<span>TRADE<\/span>\n <small>KOSH<\/small>\n <\/span>\n \n\n on\n\n <span class=\"google-text\">\n <span class=\"g-blue\">G<\/span><span class=\"g-red\">o<\/span><span class=\"g-yellow\">o<\/span><span class=\"g-blue\">g<\/span><span class=\"g-green\">l<\/span><span class=\"g-red\">e<\/span>\n <\/span>\n\n <span class=\"arrow\">\u2197<\/span>\n\n <\/span>\n\n <span class=\"mini-desc\">\n Get market insights, IPO updates, and finance explainers more easily.\n <\/span>\n\n <\/div>\n\n<\/a>\n\n<style>\n\n\/* =========================\n FONT\n========================= *\/\n\n\n\/* =========================\n GLOBAL\n========================= *\/\n\n*{\n box-sizing:border-box;\n}\n\n\/* =========================\n BUTTON\n========================= *\/\n\n.ft-google-mini-btn{\n\n position:relative;\n\n display:inline-flex;\n\n align-items:center;\n\n gap:14px;\n\n width:100%;\n max-width:420px;\n\n padding:14px 16px;\n\n border-radius:18px;\n\n text-decoration:none;\n\n overflow:hidden;\n\n font-family:'Plus Jakarta Sans',sans-serif;\n\n border:1px solid #e5ebf5;\n\n background:\n linear-gradient(\n 135deg,\n #ffffff 0%,\n #f8fbff 50%,\n #f4f8fd 100%\n );\n\n box-shadow:\n 0 3px 8px rgba(15,23,42,0.03),\n 0 10px 20px rgba(15,23,42,0.05);\n\n transition:\n transform 0.25s ease,\n box-shadow 0.25s ease;\n}\n\n\/* =========================\n HOVER\n========================= *\/\n\n.ft-google-mini-btn:hover{\n\n transform:translateY(-2px);\n\n box-shadow:\n 0 8px 18px rgba(15,23,42,0.06),\n 0 18px 30px rgba(37,99,235,0.07);\n}\n\n\/* =========================\n GOOGLE ICON\n========================= *\/\n\n.google-icon{\n\n width:42px;\n\n height:42px;\n\n min-width:42px;\n}\n\n\/* =========================\n CONTENT\n========================= *\/\n\n.mini-btn-content{\n display:flex;\n flex-direction:column;\n}\n\n\/* =========================\n TOP TEXT\n========================= *\/\n\n.mini-top{\n\n font-size:11px;\n\n line-height:1.3;\n\n font-weight:700;\n\n color:#64748b;\n\n margin-bottom:2px;\n}\n\n\/* =========================\n MAIN TEXT\n========================= *\/\n\n.mini-main{\n\n font-size:15px;\n\n line-height:1.35;\n\n font-weight:800;\n\n color:#0f172a;\n}\n\n\/* =========================\n FLATTRADE LOGO\n========================= *\/\n\n.flattrade-logo{\n\n position:relative;\n\n display:inline-block;\n\n font-size:15px;\n\n font-weight:800;\n\n letter-spacing:-0.3px;\n\n color:#111827;\n}\n\n.flattrade-logo span{\n color:#2563eb;\n}\n\n.flattrade-logo small{\n\n position:absolute;\n\n right:-1px;\n\n bottom:-5px;\n\n font-size:4px;\n\n font-weight:800;\n\n color:#2563eb;\n\n letter-spacing:0.4px;\n}\n\n\/* =========================\n GOOGLE COLORS\n========================= *\/\n\n.google-text{\n font-weight:800;\n}\n\n.g-blue{\n color:#4285F4;\n}\n\n.g-red{\n color:#EA4335;\n}\n\n.g-yellow{\n color:#FBBC05;\n}\n\n.g-green{\n color:#34A853;\n}\n\n\/* =========================\n ARROW\n========================= *\/\n\n.arrow{\n color:#2563eb;\n}\n\n\/* =========================\n DESCRIPTION\n========================= *\/\n\n.mini-desc{\n\n margin-top:4px;\n\n font-size:10px;\n\n line-height:1.5;\n\n font-weight:500;\n\n color:#64748b;\n}\n\n\/* =========================\n MOBILE\n========================= *\/\n\n@media(max-width:480px){\n\n .ft-google-mini-btn{\n\n max-width:100%;\n\n padding:12px 14px;\n\n border-radius:16px;\n }\n\n .google-icon{\n\n width:36px;\n\n height:36px;\n\n min-width:36px;\n }\n\n .mini-main,\n .flattrade-logo{\n font-size:13px;\n }\n\n .mini-desc{\n font-size:9px;\n }\n\n}\n\n.ft-google-mini-btn {\n position: relative;\n display: inline-flex;\n align-items: center;\n gap: 14px;\n width: 100%;\n max-width: 420px;\n padding: 14px 16px;\n border-radius: 18px;\n text-decoration: none;\n overflow: hidden;\n font-family: 'Plus Jakarta Sans', sans-serif;\n\n \/* --- ENHANCED BORDER --- *\/\n border: 2px solid #2563eb; \/* Using the brand blue for a strong identity *\/\n \/* Alternative: border: 1.5px solid #cbd5e1; for a subtle slate grey *\/\n \n background: linear-gradient(135deg, #ffffff 0%, #f8fbff 50%, #f4f8fd 100%);\n box-shadow: 0 3px 8px rgba(15,23,42,0.03), 0 10px 20px rgba(15,23,42,0.05);\n transition: all 0.25s ease;\n}\n\n\/* =========================\n HOVER STATE BORDER\n========================= *\/\n.ft-google-mini-btn:hover {\n transform: translateY(-2px);\n border-color: #c5d4ff; \/* Darkens the border slightly on hover *\/\n box-shadow: 0 8px 12px rgba(37,99,235,0.15);\n}\n\n\n\n<\/style>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-812d141 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"812d141\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0737564\" data-id=\"0737564\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-467a659 elementor-widget elementor-widget-text-editor\" data-id=\"467a659\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<a class=\"ft-inline-light-cta\" href=\"https:\/\/instakyc.flattrade.in\/Signup?utm_source=Blog&utm_medium=organic&utm_campaign=Zero+Brokerage\" target=\"_blank\" rel=\"noopener\">\n <div class=\"cta-light-content\">\n <h2>Ready to Start Investing?<\/h2>\n <p>Open a free Demat account with Flattrade \u2013 <strong>ZERO BROKERAGE ON ALL SEGMENTS<\/strong>. Your first step costs nothing.<\/p>\n <span class=\"cta-light-btn-element\">Open Free Account<\/span>\n <\/div>\n<\/a>\n\n<style>\n\/* ==========================================================================\n FLATTRADE INDEPENDENT CTA ELEMENT (PRESERVED ORIGINAL LIGHT DESIGN)\n ========================================================================== *\/\n\n@import url('https:\/\/fonts.googleapis.com\/css2?family=Inter:wght@400;500;600;700&display=swap');\n\n.ft-inline-light-cta {\n width: 100%;\n max-width: 680px;\n margin: 1.5rem auto;\n display: flex;\n flex-direction: column;\n align-items: center;\n justify-content: center;\n text-decoration: none;\n position: relative;\n overflow: hidden;\n text-align: center;\n border-radius: 12px;\n \n \/* Original Light Layout Properties *\/\n background: #ffffff;\n color: #1a2a40;\n padding: clamp(1.75rem, 5vw, 2.75rem) clamp(1rem, 4vw, 2.25rem);\n box-shadow: 0 8px 24px rgba(10, 22, 40, 0.06);\n border: 1px solid #e2e8f0;\n font-family: 'Inter', sans-serif;\n transition: transform 0.2s ease, box-shadow 0.2s ease;\n}\n\n\/* Original radial light brand glow element *\/\n.ft-inline-light-cta::before {\n content: '';\n position: absolute;\n top: -40%;\n right: -20%;\n width: clamp(160px, 35vw, 280px);\n height: clamp(160px, 35vw, 280px);\n background: radial-gradient(circle, rgba(0, 102, 204, 0.05) 0%, rgba(0,0,0,0) 70%);\n pointer-events: none;\n}\n\n.cta-light-content {\n display: flex;\n flex-direction: column;\n align-items: center;\n justify-content: center;\n width: 100%;\n position: relative;\n z-index: 2;\n}\n\n\/* Original Title Light Styling *\/\n.ft-inline-light-cta h2 {\n color: #0a1628;\n font-size: clamp(19px, 3.8vw, 24px);\n font-weight: 700;\n margin-bottom: 10px;\n line-height: 1.3;\n letter-spacing: -0.02em;\n width: 100%;\n}\n\n\/* Original Paragraph Light Styling *\/\n.ft-inline-light-cta p { \n color: #4a5568; \n font-size: clamp(13.5px, 2.5vw, 14.5px); \n margin-bottom: clamp(18px, 4vw, 24px); \n line-height: 1.55;\n font-weight: 400;\n width: 100%;\n max-width: 520px;\n}\n\n\/* Original Bold Highlight Box Badge Light Styling *\/\n.ft-inline-light-cta p strong {\n color: #0066cc;\n font-weight: 600;\n background: rgba(0, 102, 204, 0.08);\n padding: 2px 6px;\n border-radius: 4px;\n display: inline-block;\n}\n\n\/* Original Flattrade Vivid Electric Blue Button Mapping *\/\n.cta-light-btn-element {\n display: inline-block;\n background: #0066cc;\n color: #ffffff;\n font-weight: 600;\n font-size: clamp(13.5px, 2.5vw, 14.5px);\n padding: 12px clamp(20px, 5vw, 36px);\n border-radius: 6px;\n box-shadow: 0 4px 12px rgba(0, 102, 204, 0.25);\n white-space: nowrap;\n width: auto;\n transition: background 0.2s ease, transform 0.1s ease, box-shadow 0.2s ease;\n}\n\n\/* Element wrapper hover actions routing down to the synthetic button element *\/\n.ft-inline-light-cta:hover {\n transform: translateY(-2px);\n box-shadow: 0 12px 32px rgba(10, 22, 40, 0.1);\n}\n\n.ft-inline-light-cta:hover .cta-light-btn-element {\n background: #0052a3; \n box-shadow: 0 6px 18px rgba(0, 102, 204, 0.35);\n}\n\n.ft-inline-light-cta:active {\n transform: scale(0.99);\n}\n\n.ft-inline-light-cta:active .cta-light-btn-element {\n transform: scale(0.98);\n box-shadow: 0 2px 6px rgba(0, 102, 204, 0.15);\n}\n\n\/* Media query adaptation for viewports under 480px width *\/\n@media (max-width: 480px) {\n .cta-light-btn-element {\n width: 100%;\n text-align: center;\n padding: 13px 16px; \n }\n}\n<\/style>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Manika Plastech IPO \u2013 Flattrade Kosh IPO Summary Price Band \u20b940 \u2013 \u20b943 FV: \u20b92 \/ share Issue…","protected":false},"author":10,"featured_media":53268,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-53261","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ipos","cs-entry","cs-video-wrap"],"yoast_head":"\n<title>Manika Plastech IPO - Flattrade Kosh<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Manika Plastech IPO - Flattrade Kosh\" \/>\n<meta property=\"og:description\" content=\"Manika Plastech IPO \u2013 Flattrade Kosh IPO Summary Price Band \u20b940 \u2013 \u20b943 FV: \u20b92 \/ share Issue…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/\" \/>\n<meta property=\"og:site_name\" content=\"Flattrade Kosh\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-09T10:16:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-07-at-12.40.50-PM-1.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Prashant Gorhe\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@GorhePrashant\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Prashant Gorhe\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/\"},\"author\":{\"name\":\"Prashant Gorhe\",\"@id\":\"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/4abc93838bc7642e3e445b74cd627dc2\"},\"headline\":\"Manika Plastech IPO\",\"datePublished\":\"2026-09-09T10:16:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/\"},\"wordCount\":608,\"image\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-07-at-12.40.50-PM-1.jpeg\",\"articleSection\":[\"IPOs\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/\",\"url\":\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/\",\"name\":\"Manika Plastech IPO - Flattrade Kosh\",\"isPartOf\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-07-at-12.40.50-PM-1.jpeg\",\"datePublished\":\"2026-09-09T10:16:36+00:00\",\"author\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/4abc93838bc7642e3e445b74cd627dc2\"},\"breadcrumb\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#primaryimage\",\"url\":\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-07-at-12.40.50-PM-1.jpeg\",\"contentUrl\":\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-07-at-12.40.50-PM-1.jpeg\",\"width\":1200,\"height\":675},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/flattrade.in\/kosh\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Manika Plastech IPO\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/flattrade.in\/kosh\/#website\",\"url\":\"https:\/\/flattrade.in\/kosh\/\",\"name\":\"Flattrade Kosh\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/flattrade.in\/kosh\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/4abc93838bc7642e3e445b74cd627dc2\",\"name\":\"Prashant Gorhe\",\"sameAs\":[\"http:\/\/prashantgorhe.com\",\"https:\/\/www.instagram.com\/prashant_gorhe\/\",\"https:\/\/www.linkedin.com\/in\/prashantgorhe\/\",\"https:\/\/x.com\/GorhePrashant\"],\"url\":\"https:\/\/flattrade.in\/kosh\/author\/prashant\/\"}]}<\/script>\n","yoast_head_json":{"title":"Manika Plastech IPO - Flattrade Kosh","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/","og_locale":"en_US","og_type":"article","og_title":"Manika Plastech IPO - Flattrade Kosh","og_description":"Manika Plastech IPO \u2013 Flattrade Kosh IPO Summary Price Band \u20b940 \u2013 \u20b943 FV: \u20b92 \/ share Issue…","og_url":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/","og_site_name":"Flattrade Kosh","article_published_time":"2026-09-09T10:16:36+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-07-at-12.40.50-PM-1.jpeg","type":"image\/jpeg"}],"author":"Prashant Gorhe","twitter_card":"summary_large_image","twitter_creator":"@GorhePrashant","twitter_misc":{"Written by":"Prashant Gorhe","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#article","isPartOf":{"@id":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/"},"author":{"name":"Prashant Gorhe","@id":"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/4abc93838bc7642e3e445b74cd627dc2"},"headline":"Manika Plastech IPO","datePublished":"2026-09-09T10:16:36+00:00","mainEntityOfPage":{"@id":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/"},"wordCount":608,"image":{"@id":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#primaryimage"},"thumbnailUrl":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-07-at-12.40.50-PM-1.jpeg","articleSection":["IPOs"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/","url":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/","name":"Manika Plastech IPO - Flattrade Kosh","isPartOf":{"@id":"https:\/\/flattrade.in\/kosh\/#website"},"primaryImageOfPage":{"@id":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#primaryimage"},"image":{"@id":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#primaryimage"},"thumbnailUrl":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-07-at-12.40.50-PM-1.jpeg","datePublished":"2026-09-09T10:16:36+00:00","author":{"@id":"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/4abc93838bc7642e3e445b74cd627dc2"},"breadcrumb":{"@id":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#primaryimage","url":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-07-at-12.40.50-PM-1.jpeg","contentUrl":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2026\/09\/WhatsApp-Image-2026-09-07-at-12.40.50-PM-1.jpeg","width":1200,"height":675},{"@type":"BreadcrumbList","@id":"https:\/\/flattrade.in\/kosh\/manika-plastech-ipo\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/flattrade.in\/kosh\/"},{"@type":"ListItem","position":2,"name":"Manika Plastech IPO"}]},{"@type":"WebSite","@id":"https:\/\/flattrade.in\/kosh\/#website","url":"https:\/\/flattrade.in\/kosh\/","name":"Flattrade Kosh","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/flattrade.in\/kosh\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/4abc93838bc7642e3e445b74cd627dc2","name":"Prashant Gorhe","sameAs":["http:\/\/prashantgorhe.com","https:\/\/www.instagram.com\/prashant_gorhe\/","https:\/\/www.linkedin.com\/in\/prashantgorhe\/","https:\/\/x.com\/GorhePrashant"],"url":"https:\/\/flattrade.in\/kosh\/author\/prashant\/"}]}},"_links":{"self":[{"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/posts\/53261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/comments?post=53261"}],"version-history":[{"count":0,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/posts\/53261\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/media\/53268"}],"wp:attachment":[{"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/media?parent=53261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/categories?post=53261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/tags?post=53261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}