Alternicq (Manjushree Technopack) unlisted share price

Price history

About

Alternicq Limited was known as Manjushree Technopack Limited when it filed the annual report we read. The company was incorporated in 1987 and makes PET, plastic preforms and containers. These are sold in India and also exported. Its registered office is in Bengaluru, Karnataka. The company has production facilities in Karnataka, Andhra Pradesh, Punjab, Uttar Pradesh, Himachal Pradesh, Uttarakhand, Haryana, Assam, Maharashtra, Goa and Odisha. The annual report also lists a recycling plant at Bidadi in Karnataka. Demand comes from food and beverages, pharmaceuticals, personal care and industrial products, according to the chairman's letter. In FY25 (year ended 31 March 2025) revenue from operations was ₹2,56,983 lakh, up 21% from ₹2,11,700 lakh a year earlier. Profit for the year was ₹24,763 lakh against ₹14,079 lakh. Profit before exceptional items and tax was ₹8,982 lakh, lower than ₹14,029 lakh in FY24. The higher profit came from exceptional items of ₹17,690 lakh, which include a gain on extinguishment of a financial liability. The figures are standalone, as the company says it has no subsidiary or associate. AI Lenarco Midco Limited, the holding company, owns 97.82% of the equity shares. Paid-up share capital was 8,58,39,806 equity shares of ₹2 each on 31 March 2025, after the conversion of compulsorily convertible debentures into 18,101,306 shares during the year. The Board filed a DRHP with SEBI on 20 August 2024 but decided on 22 November 2024 not to go ahead with the IPO at that time. Unlisted shares of a company like this trade off-market through dealers, and the prices are only indicative. IPO Guru shows an indicative price of ₹825 per share with a lot size of 100 shares. IPO Guru is not a SEBI-registered research analyst and this is not a recommendation.