Manjushree Technopack - About the company
Manjushree Technopack is an acquired company based in Bengaluru (India), founded in 1987 by Surendra Kedia. It operates as a Provider of rigid plastic packaging services. Manjushree Technopack has raised $23.2M in funding, with last known valuation of $*****. The company has 37 active competitors, including 2 funded and 11 that have exited. Its top competitors include companies like Time Technoplast, Shriji Polymers and MTPL.
Company Details
Provider of rigid plastic packaging services. It offers containers, preforms, caps and closures, pumps and dispensers and captive recycling capabilities in a wide range of industries including food and beverages, home care, personal care, liquor and spirits, paints and adhesives, pharmaceuticals, nutraceuticals, dairy, automotive and agrochemicals.
- Website
- www.manjushreeindia.com/
- Email ID
- *****@manjushreeindia.com
- Phone Number
- +91 **********
- Registered Address
- Plot No.486, Sector 8, IMT Manesar, IMT Manesar, Gurgaon, Manesar, Haryana, India, 122052
Key Metrics
Founded Year
1987
Location
Bengaluru, India
Stage
Acquired
Total Funding
$23.2M in 1 round
Latest Funding Round
Last Known Valuation
$***** as on Nov 22, 2024
Ranked
1st among 37 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
1,006 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by PAG (Nov 22, 2024)
Legal entities associated with Manjushree Technopack
Manjushree Technopack is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MTL NEW INITIATIVES PRIVATE LIMITED CIN: U25209KA2020PTC131209 , India, Amalgamated | Jan 01, 2020 | ₹50 - ₹100 Cr (As on Mar 31, 2023) | 74 (As on Feb 29, 2024) | |
MANJUSHREE TECHNOPACK LIMITED CIN: U67120HR1987PLC138149 , India, Active | Nov 13, 1987 | ₹1,000+ Cr (As on Mar 31, 2025) | 767 (As on Aug 01, 2025) | |
Manjushree Ventures Llp CIN: AAR-0823 , India, Active | Nov 19, 2019 | 0 - ₹10 Cr (As on Mar 31, 2025) | - |
Manjushree Technopack's acquisition details
Click here to take a look at Manjushree Technopack's acquisition in detail
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Manjushree Technopack's funding and investors
Manjushree Technopack has raised a total funding of $23.2M over 1 round. Its latest funding round was a PE round on 2015 for $*****. 2 investors participated in its latest round. Manjushree Technopack has 2 institutional investors.
Here is the list of recent funding rounds of Manjushree Technopack:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2015 | 9662 | PE | 6591 | 6887 | 7418 | 3611 |
View details of Manjushree Technopack's funding rounds and investors
Manjushree Technopack's founders and board of directors
Founder? Claim ProfileThe founders of Manjushree Technopack is Surendra Kedia. Thimmaiah Napanda Poovaiah is the CEO of Manjushree Technopack.
Here are the details of Manjushree Technopack's key team members:
- Surendra Kedia: Co-Founder of Manjushree Technopack and founder of 1 other company. They are also an angel investor in 1 startup.Contact Info: 1 email address and 1 phone number
Manjushree Technopack's Board of Directors
Manjushree Technopack's board has 7 active members. Thimmaiah Napanda Poovaiah is part of team and Nikhil Kumar Srivastava, Anisha Motwani, Kamlesh Shivji Vikamsey, Sameer Ambarish Kaji, Aswin Vikram and Sumit Mohan Nadgir are independent board members.Here is the list of Manjushree Technopack's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 4y 3m | |
Independent board member | - | Current | 1y 4m | |
rowpfrz | Independent board member | - | Current | 6y 9m |
ixulurr | Independent board member | - | Current | 9y 9m |
edykebu | Independent board member | - | Current | 4y 8m |
pnme{f{ | Independent board member | - | Current | 1y 3m |
axfftbu | Independent board member | - | Current | 5y 3m |
View details of Manjushree Technopack's Founder profiles and Board Members
Manjushree Technopack's employee count trend
Manjushree Technopack has 1,006 employees as of Jul 26. Here is Manjushree Technopack's employee count trend over the years:
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Manjushree Technopack's Competitors and alternates
Top competitors of Manjushree Technopack include Time Technoplast, Shriji Polymers and MTPL. Here is the list of Top 10 competitors of Manjushree Technopack, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Manjushree Technopack 1987, Bengaluru (India), Acquired | Provider of rigid plastic packaging services | $23.2M | 65/100 | |
2nd | Time Technoplast 1992, Mumbai (India), Public | Manufacturer of industrial packaging, composite cylinders, and automotive plastic components | - | 55/100 | |
3rd | Shriji Polymers 2005, Ujjain (India), Series B | Provider of precision packaging and plastic molding solutions | $43.3M | 49/100 | |
4th | Manufacturer of packaging products | - | 46/100 | ||
5th | Parekhplast 1981, Mumbai (India), Acquired | Manufacturer of rigid plastic packaging products | - | - | 44/100 |
6th | Magnum Group 1978, Kolkata (India), Early Stage | Manufacturer of PET preforms, bottles, jars, dispensers, caps, and closures | $25M | 44/100 | |
7th | SSF Plastics 2006, Mumbai (India), Unfunded | Manufacturer of rigid plastic packaging and engineering plastic components | - | - | 40/100 |
8th | Growmax India 1998, Rohtak (India), Early Stage | Provider of plastic container and polybag packaging products | $905K | 37/100 | |
9th | Manufacturer of rigid plastic packaging with lids | - | 37/100 | ||
10th | AVI Global Plast 1997, Mumbai (India), Funding Raised | Manufacturer of punnets, trays, plastic slide cutters and face shields | - | - | 37/100 |
Looking for more details on Manjushree Technopack's competitors? Click here to see the top ones
Manjushree Technopack's Investments and acquisitions
Manjushree Technopack has not made any investments yet. Manjushree Technopack has made 7 acquisitions.Here is the list of latest three $acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Apr 12, 2024 | Acquisition | 1968 | Mumbai (India) | |
Aug 16, 2021 | Acquisition | 1997 | Mumbai (India) | |
Dec 03, 2019 | Acquisition | 2005 | Amritsar (India) |
See all acquisitions by Manjushree Technopack
Reports related to Manjushree Technopack
Here is the latest report on Manjushree Technopack's geography:
News related to Manjushree Technopack
Media has covered Manjushree Technopack for 1 event in last 1 year, It was about company updates.
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Manjushree Technopack Completes Rebranding to Alternicq After ApprovalsOnline Media Cafe•Feb 23, 2026•Manjushree Technopack
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CPPIB's India portfolio touches $22 billion in FY25Mint•May 23, 2025•CPP Investments, Kedaara, Accel, PAG and 6 others
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PAG in talks to raise $375 million debt to finance $1-billion Manjushree buyoutMoneycontrol•Jan 22, 2025•PAG, Manjushree Technopack
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CCI approves Majesty II’s acquisition of AI Lenarco MidcoPackaging Gateway•Jan 22, 2025•Manjushree Technopack
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PAG announces back-to-back packaging deals with Manjushree Technopack, Pravesha IndustriesMoneycontrol•Jan 13, 2025•Manjushree Technopack, PAG, Pravesha, Advent International and 1 other
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PAG to acquire Manjushree Technopack for Rs 8,400 crorePackaging South Asia•Nov 25, 2024•PAG, Manjushree Technopack, Advent International
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PAG Said to Sell AirPower's Gas Business for $6.8 BillionFinancial Post•Nov 21, 2024•PAG, Airpower Tech, Advent International, Manjushree Technopack
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