Manjushree Technopack is a pioneer in the rigid plastic packaging industry, with a 40 year legacy in creating cutting-edge packaging solutions. This organisation caters to the packaging requirements of over 300 clients in India and abroad, including brands like Coca Cola, Nestle, Unilever, Diageo, RB, Pfizer, Mondelez and more, with over $180 million in revenue and $34 million in gross earnings. Over the last decade, Manjushree Technopack Ltd has become the industry leader in the rigid plastic packaging space, present all across the country.
Towards the end of 2018, the Promoters of Manjushree Technopack Ltd sold their stake in the company to Advent International and created Manjushree Ventures - the entity under which all new businesses are now established. The Managing Partners of Manjushree Ventures (ex-promoters of Manjushree Technopack Ltd) have invested their time, effort and capital in various sectors, including sustainable technology, holistic wellness, medical technology and agro-fed businesses. Manjushree Ventures has access to large-scale industrial land and infrastructure to help enable a variety of businesses. More importantly, we are supported by vast experience, expertise and a legacy of having already built a behemoth enterprise.
10, 00,000 sq. ft.
Million in Revenue
Manjushree Plastics was started by Vimal Kedia, to trade in plastic flexibles for the flourishing tea gardens of Assam
With the joining of Surendra Kedia, India's 1st Flexible packaging unit installed in Guwahati, Assam.
Bangalore PET plant commences production. Manjushree goes with its IPO to the market
Vimal Kedia gets the National Award for Outstanding Entrepreneurship from the President of India, Dr Shankar Dayal Sharma
Rajat Kedia joined the business and introduced Multilayer Co-ex Barrier and Hot Fillable PET Technology, in India
Ankit Kedia joins the business. Expansion into PET preforms is envisaged, goes to the public with an FPO and lists on the BSE/NSE successfully.
Completed 25 years of packaging excellence. Diversified in PET Preform with Husky Production System.
Wins 2 World Star Awards, the highest recognition for Packaging Excellence.
Becomes India's largest PET Preforms and Bottles manufacturer.
Unveils VISION 2020. Commissions 3.4 MW Wind Power Plant for captive use.
Commemorates 3 decades of start. Commissions the Bidadi preform production plant. Becomes SE Asia's largest PET converter at 72,000 MTPA capacity.
Delists from the BSE & Inks a landmark deal with Kedarra Capital to sell 40% of its stake to them. Commissions Collation Shrink Film Plant to meet market demands.
Acquires the complete packaging business of Varahi. This establishes the foothold in North India with 4 factories and now Manjushree is a packaging leader with a pan India presence.
The cos. Revenue crosses Rs. 1000 CR. & Manjushree is regarded as India's finest packaging company by far.
Global PE major, Advent Intl. acquires MTL at a record valuation to create history in the packaging industry.