MANJUSHREE TECHNOPACK LIMITED is one of the leaders in the rigid plastic packaging sector. The company today has made a wide range of portfolio of more than 1000 custom & stock products. The company is supplying its products to 15 other countries other than India. The company is serving its products to various industries including FMCG, food products, dairy, liquor, agrochemicals, home care, personal care, and pharmaceuticals. Some of the prominent clients of Manjushree Technopack Limited include Coca-Cola, Dabur, Sun Pharma, Godrej, Nivea, Pfizer, Amway, etc.
Manjushree Technopack Limited has a capacity of 1,75,000 Million Tonnes of plastics into bottles, containers, and PET performs. The company has now expanded to make its pan-India presence.
The company specializes in Promotional packaging. The company helps its customers with idea generation, designing, and production of promotional packaging that will lead to improving the shelf presence and customer-assigned value of the product.
Manjushree Technopack Limited is also serving the end consumers through the retail way. The company sells kitchen storage products, back-to-school products, and bottles & sippers, all in one umbrella named ‘Assure’. Assure products are currently white-labeled and sold by Cloudtail on various e-commerce websites like Flipkart, Amazon, Paytm, etc. These products are also sold through offline retail stores like Vishal Mega Mart, Dmart, etc.
The company is focused on the controlled bio-degradation of products. For the same, the company has partnered with global leaders in masterbatch technology to use new biotransformation technology.
The company runs a community museum, named ‘Reuseum’, which offers an interactive experience that educates people about materials, processes, and systems for recycling plastics.
| Manjushree Technopack Outstanding Shares: | 1,35,47,700 |
| Face Value of Manjushree Technopack Share: | Rs. 10 Per Equity Shares |
| ISIN of Manjushree Technopack Limited Share: | INE435H01015 |
| Lot Size of Manjushree Technopack Limited Share: | 50 Shares |
| Manjushree Technopack Share Price: | Best in Industry |
| PAN Number of Manjushree Technopack Limited: | AAACM9418K |
| Date of Delisting of Manjushree Technopack Limited: | 24-Mar-15 |
| Rate of Delisting of Manjushree Technopack Limited: | Rs. 447.3 |
| Reason for Delisting of Manjushree Technopack Limited: | Voluntary Delisting as per SEBI (Delisting of Equity Shares)Regulations 2009 |
Manjushree Technopack Limited CIN Number |
U67120KA1987PLC032636 |
Manjushree Technopack Limited Registration Date |
13-Nov-87 |
Category / Sub-Category of Manjushree Technopack |
Company limited by Shares |
Manjushree Technopack Registered Office Address |
143, C - 5, Bommasandra Industrial Area, Hosur Road, Bangalore - 560099 |
Manjushree Technopack Limited Company Registrar & Transfer Agent Address and Contact Details |
Integrated Registry Management Services Private Limited, No. 30 Ramana Residency, 4th Cross, Sampige Road, Malleswaram, Bangalore - 560003 |
|
Name and Description of main products/services |
NIC Code of the product/service |
% to total turnover of the Company |
|
PET / PP Jars, Bottles, Performs, Closures & Shrink Film |
22203 |
100% |
| Board of Directors | Designation |
| Ashok Sudan | Chairman Independent Director |
| Thimmaiah NP | Managing Director and CEO |
| Shweta Jalan | Director |
| Pankaj Patwari | Director |
| Manu Anand | Director |
| Jayesh Merchant | Independent Director |
| Rajesh Kumar Ram | Chief Financial Officer |
| Rasmi Ranjan Naik | Company Secretary |
|
Name of the Company |
% of shares held |
|
MTL New Initiatives Private Limited |
100.00% |
|
S. No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1 |
Promoter |
- |
0% |
|
3 |
Public Shareholding |
1,35,47,700 |
100% |
|
|
Total |
1,35,47,700 |
100.00% |
Packaging plays a very important role in a consumer’s overall purchasing experience. Packaging has four functions – containment, communication, utility, and protection. In traditional commerce, packaging was used to create uniqueness and increase shelf presence in stores through attractive colors, shapes, and graphics.
Packaging ranks as the fifth-largest sector of the Indian economy. India’s packaging industry is estimated to grow at a CAGR of around 26% from 2020 to 2025. This rapid growth can mainly be attributable to changing lifestyles, rising population, and internet penetration. As the packaging industry is growing, it is becoming attractive to investors around the world. The major part of the packaging industry accounts for rigid packaging with laminate. However, flexible packaging is on the growth path. Moreover, the packaging industry is correlated with other industries like Food processing, pharmaceuticals, etc. Food processing is the biggest consumer of packaging, followed by pharmaceuticals and personal care products. Therefore, growth in this industry will directly impact the growth of the packaging industry. As the e-commerce segment is on continuous exponential growth, transit packaging, and Omnichannel packaging are considered the most potential segments.
Indian Packaging Industry increased from a valuation of US$ 31.7 billion in 2015 to US$ 72.6 billion by 2020 and is estimated to reach US$ 103.32 billion by 2025. However, the COVID-19 pandemic slowed down the growth of the industry. Due to the emergence of online retail and e-commerce, the Packaging industry continued to rise steadily. During and after the pandemic, many companies are shifting their packaging business from China to other countries like India. After the lockdowns, the demand in the packaging industry grew sharply on account of the recovery in healthcare products, eCommerce, and groceries.
