Advent International plans to
list Manjushree Technopack, India's largest rigid plastic packaging
provider. Advent, holding 97% of the company since 2018, seeks a $1 billion valuation.
Key Highlights:
Product Range: Packaging for food, beverages, pharma, cosmetics, etc.
Clients: Serving 4,000+ clients, including Coca-Cola, PepsiCo, Bisleri, and Dabur.
Manufacturing: 20 facilities with a capacity of 190,000 tonnes/year.
Financials: Revenue grew from ₹1,468 Cr (FY22) to ₹2,097 Cr (FY23).
Manjushree’s MCAP stands at ₹4,673 Cr (as of July 24).
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