Manjushree Technopack Share Price

Manjushree Technopack Limited Delisted Share - Company Overview

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 Delisted Share Details As of March 31, 2024

Incorporation Details of Manjushree Technopack Limited

Principal Business Activities of Manjushree Technopack Limited

Board of Directors of Manjushree Technopack Limited

Particulars of Subsidiary Companies of Manjushree Technopack Limited

Shareholding Pattern of Manjushree Technopack Limited (As of 31-03-2024)

Industry Outlook

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.

FAQS ON MANJUSHREE TECHNOPACK LTD DELISTED STOCKS 

Q1) Is Manjushree Techno Pack Limited listed on BSE?

No, Manjushree Technopack  Ltd is not listed on BSE, it is a Delisted stock.

Q2) What is the key functioning area of Manjushree Technopack Limited?

Manjushree Technopack Limited is one of the market leaders in the rigid plastic packaging sector.

Q3) What is the lot size of Manjushree Technopack Limited shares?

The lot size is 50 shares.

Q4) Is there any subsidiary company of Manjushree Technopack Limited?

Yes, the name of the subsidiary company is MTL New Initiatives Private Limited.

Q5) At What price Manjushree Technopack Limited shares are trading?

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