About Manjushree Technopack
Manjushree Technopack is a company based in Bengaluru (India) founded in 1983 by Surendra Kedia and Vimal Kedia, and was acquired by PAG in November 2024. It operates as a rigid plastic packaging for consumer goods is manufactured and supplied. Manjushree Technopack has raised $23.23 million across 1 funding round from investors including Kedaara, Ladoga Ridge Winery and PAG. The company has 1,521 employees. Manjushree Technopack has completed 5 acquisitions, including Classy Kontainers, NAPLA and Oriental Containers. Its chief executive is Thimmaiah Napanda. Its website manjushreeindia.com draws about 15 thousand monthly visits. Its Indian entity Alternicq Limited reported revenue of ₹2,584 Cr. Manjushree Technopack offers products and services including Plastic Containers and Preforms and Bottles.
Company details
Manjushree Technopack Limited was founded in 1983 and is headquartered in Bengaluru, India. Rigid plastic packaging solutions for consumer goods are provided by the company, encompassing a full cycle from ideation and research to mass production. Operations are supported by two manufacturing plants, located in Guwahati and Bangalore, serving the packaging sector across India.
- Headquarters Bengaluru, India
- Employees 1,521
- Founders Surendra Kedia, Vimal Kedia
- Stage Public
- Email••••••••
- Phone•••• ••••
- Website manjushreeindia.com
- Social LinkedIn X Facebook
- Acquired by Advent International (Aug 2018)
- Legal Name Manjushree Technopack Ltd
- Date of Incorporation 13 Nov, 1987
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹2,584 Cr
FY 2025 · +21% YoY
- Net Profit₹248 Cr
FY 2025 · 10% margin
- EBITDA₹397 Cr
FY 2025 · 15% margin
- Total Equity Funding$23.23M (USD)
in 1 rounds
- Latest Funding Round$23.23M (USD), Private Equity Round
Jun 2015
- InvestorsKedaara
& 3 more
- Employee Count1,521
- Investments & AcquisitionsClassy Kontainers
& 4 more
- Acquired by
Associated legal entities of Manjushree Technopack
Manjushree Technopack is associated with 2 registered companies on The Company Check; the primary company is Alternicq Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Alternicq Limited CIN U67120HR1987PLC138149 | Active | 13 Nov 1987 | Manesar, Haryana | ₹2,584 Cr | 1,521 | 9 | View details |
| Manjushree Technopack Ltd CIN U67120KA1987PLC032636 | – | 13 Nov 1987 | Bangalore, Karnataka, India | – | – | – | View details |
Products & Services of Manjushree Technopack
Manjushree Technopack offers a comprehensive portfolio of products and services, including Plastic Containers and Preforms and Bottles.
Plastic containers are provided for food and beverages, with features like multi-layer designs for protection and preservation.
Preforms and bottles are supplied for beverages, incorporating technologies to extend shelf life and ensure quality maintenance.
Funding Insights of Manjushree Technopack
Manjushree Technopack has successfully raised a total of $23.23M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $23.23 million completed in June 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $23.23M
- Total Rounds 1
- Last Round Private Equity Round — $23.23M
- First Round $23.23M
(Jun 2015)
- Investors Count 2
All 1 funding rounds of Manjushree Technopack with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2015 | $23.23M | Private Equity Round | – | – |
4 investors in total: 4 institutional.
Investors in Manjushree Technopack
Manjushree Technopack has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Kedaara, Ladoga Ridge Winery and PAG.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on growth companies | – | kedaara.com | Ebene City, Mauritius | |
Alternative investment firm | – | pag.com | - | |
Private equity firm focused on multiple sectors | – | adventinternational.com | Sao Paulo, Brazil | |
Provides wine tastings, event rentals, concerts, and wine sales in Missouri. | 2010 | ladogaridgewinery.com | Smithville, United States |
Investor details for Manjushree Technopack
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Board of directors of Alternicq Limited (Manjushree Technopack)
Alternicq Limited is the primary company behind Manjushree Technopack. The board of Alternicq Limited currently have 9 directors; the longest-serving is Thimmaiah Napanda Poovaiah, appointed in 2022. 27 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Thimmaiah Napanda Poovaiah DIN 01184636 | Managing Director | 30 Sep 2022 | 4 yrs | Alternicq Limited |
| Aswin Vikram DIN 08895013 | Director | 25 Mar 2025 | 1 yr 6 mo | Alternicq Limited |
| Nikhilkumar Srivastava DIN 07308617 | Director | 25 Mar 2025 | 1 yr 6 mo | Alternicq Limited |
| Sumit Mohan Nadgir DIN 07619675 | Director | 25 Mar 2025 | 1 yr 6 mo | Alternicq Limited |
| Sameer Ambarish Kaji DIN 00172458 | Director | 26 Mar 2025 | 1 yr 6 mo | Alternicq Limited |
| Kamlesh Shivji Vikamsey DIN 00059620 | Director | 26 Mar 2025 | 1 yr 6 mo | Alternicq Limited |
| Anisha Motwani DIN 06943493 | Director | 25 Jun 2025 | 1 yr 3 mo | Alternicq Limited |
| Peeyush Gupta DIN 08394538 | CFO | 17 Oct 2025 | 11 mo | Alternicq Limited |
| Raghavendra Kini DIN 11878414 | Whole-time director | 10 Aug 2026 | 2 mo | Alternicq Limited |
People of Manjushree Technopack
45 people are tracked at Manjushree Technopack (21 in leadership, 5 in board & advisors, 19 in team); the tracked headcount is 1,521.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & Managing Director | Leadership | |
| CEO & Managing Director | Leadership | |
Lalit Singh | Deputy General Manager | Leadership |
Dheenadayalan Null | Deputy General Manager Supply Chain Management | Leadership |
Anil Kumar P. | Chief Human Resources Officer | Leadership |
Satyananda Patgar | VP Sales | Leadership |
Satish Subramanian | Chief Sales & Marketing Officer | Leadership |
Manish Aggarwal | Business Head, New Business & Head of Post-Merger Integration, PMI | Leadership |
Thimmaiah Napanda P | MD & CEO | Leadership |
Anil Tomar | Chief Operating Officer | Leadership |
Sayan Dev Lahiri | General Manager | Leadership |
Biswaranjan Sahoo | Deputy General Manager Of Sales & Marketing | Leadership |
Rk Ram | Chief Financial Officer | Leadership |
Monisha George | Head Of Ecommerce | Leadership |
Ayanish Sen Cpscm | Chief Procurement Officer | Leadership |
Chandan Jha | Associate Vice President Sales & Marketing | Leadership |
Navneet Yadav | Head - Innovation And R&d | Leadership |
Inderjit Sandhu | Assistant General Manager (plant Head) | Leadership |
Shreedhar K | COO | Leadership |
25 more people are available in the full profile.
Complete people profiles for Manjushree Technopack
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Financials of Manjushree Technopack
Figures of Alternicq Limited, the primary company behind Manjushree Technopack, for FY 2025. Revenue was ₹2,584 Cr (+21% year on year). Net profit was ₹248 Cr (10% margin). EBITDA was ₹397 Cr (15% margin). Revenue has grown at a compounded annual rate of +22% over three years and +19% over five years.
- ₹2,584 CrRevenue · FY 2025 · +21% YoY
- ₹248 CrNet profit · 10% margin
- ₹397 CrEBITDA · 15% margin
- ₹19.67 CrPaid-up capital
- 1,521Employees (provident fund records)
- +22%Revenue CAGR, 3 years
- +19%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Alternicq Limited are on its company page.
Detailed financial statements for Manjushree Technopack
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Manjushree Technopack
Manjushree Technopack has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Classy Kontainers, NAPLA and Oriental Containers.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Packaging manufacturing for pharmaceutical, liquor, cosmetic, and beverage industries. | orientalcontainers.com | Mumbai, India | 1968 | Apr 2024 | $16.29M | |
Provider of plastic packaging products for paints, adhesives and FMCG segments | classykontainers.com | Mumbai, India | 1997 | Aug 2021 | •••• | |
Spraying dispensing systems are manufactured by NAPLA in India. | napla.co.in | Amritsar, India | 2005 | Dec 2019 | •••• | |
Natural mineral water is manufactured and bottled at the source. | varahi.in | Delhi, India | 1993 | Nov 2016 | $5.1M | |
Contract manufacturing of sanitary ware products is provided. | varahipolymers.com | Ahmedabad, India | 2006 | Jun 2016 | •••• |
Complete acquisition details for Manjushree Technopack
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Timeline of Manjushree Technopack
10 dated milestones of Manjushree Technopack across 41 years, from founding to its latest funding, stage changes and deals.
- Founded Manjushree Technopack is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $23.2M.
- Acquisition Acquires Varahi Polymer.
- Acquisition Acquires Varahi.
- Exit Acquired by Advent International.
- Acquisition Acquires NAPLA.
- Acquisition Acquires Classy Kontainers.
- Acquisition Acquires Oriental Containers.
- Exit Acquired by PAG.
Web traffic of Manjushree Technopack
The website of Manjushree Technopack (manjushreeindia.com) receives about 14.9K visits a month.
- Monthly visits14.9K
▲ 76.7% vs previous month
Websites whose visitors overlap most with Manjushree Technopack. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| moldtekpackaging.com | 100% | 9K | #2,528,308 | View details | |
| nichrome.com | 88% | 23.5K | #818,930 | View details | |
| dial4trade.com | 80% | 214.5K | #202,590 | View details | |
| indianyellowpages.com | 80% | 164.8K | #250,657 | View details | |
| whatpackaging.co.in | 70% | – | #4,782,619 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Manjushree Technopack
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Related news about Manjushree Technopack
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Frequently Asked Questions about Manjushree Technopack
Manjushree Technopack was founded in 1983 and raised its 1st funding round 32 years after it was founded.
Manjushree Technopack is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Thimmaiah Napanda is the current CEO of Manjushree Technopack.
Manjushree Technopack is a funded company, having raised a total of $23.23M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $23.23M, raised on Jun 2015.
Manjushree Technopack has 1,521 employees.
The primary company behind Manjushree Technopack, Alternicq Limited, reported revenue of ₹2,584 Cr for FY 2025, up 21% year on year.
Manjushree Technopack Limited was founded in 1983 and is headquartered in Bengaluru, India. Rigid plastic packaging solutions for consumer goods are provided by the company, encompassing a full cycle from ideation and research to mass production. Operations are supported by two manufacturing plants, located in Guwahati and Bangalore, serving the packaging sector across India.
Manjushree Technopack offers Plastic Containers and Preforms and Bottles.
Manjushree Technopack has made 5 acquisitions, including Classy Kontainers, NAPLA, and Oriental Containers.
Manjushree Technopack has 4 investors. Key investors include Kedaara, Ladoga Ridge Winery, PAG, and Advent International.
Manjushree Technopack operates through Alternicq Limited.
Yes. Manjushree Technopack was acquired by Advent International in August 2018.