Manas Polymers IPO
Open SmeCurrent GMP
₹3 (+3.70%)
Price Band
₹ 76 – 81
Lot Size
1600
Issue Size
₹23.52 Cr
Minimum Investment
₹259200 (3200 Shares)
Listing Date
06 October 2025
Subscription
1.29x
About the Company
Manas Polymers and Energies Limited
Incorporated in January 2024, Manas Polymers and Energies Limited is engaged in the manufacturing of premium food-grade PET preforms, bottles, jars, and caps, catering to diverse packaging needs.
Alongside its polymer business, the company is also involved in renewable power generation and distribution as an Independent Power Producer (IPP), supporting India’s transition towards sustainable energy.
Manas Polymers and Energies serves a wide spectrum of industries, including automotive, construction, packaging, agriculture, and energy. The company places a strong emphasis on research and development, focusing on innovative and sustainable solutions that meet the evolving needs of modern industries while minimizing environmental impact.
The company holds the following ISO certifications:
- ISO 9001:2015 – Quality Management Systems
- ISO 14001:2025 – Environmental Management Systems
- ISO 31000:2018 – Risk Management
As of June 30, 2024, the company employs 27 professionals dedicated to delivering quality products and advancing its vision of sustainability and innovation.
Promoters
- Vineet Bhadauria
- Anju Bhadauria
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
0.00%
Objects of the Issue
The Company Manas Polymers and Energies IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Setting up of Solar Plant Project Including Expansion and Modernization
- Purchase of Fixed Assets
- Issue Related Expenses
- General corporate purposes
Address / Contact Info
Manas Polymers & Energies Ltd.
Plot No. 3, Baraghata
Industrial Area, Jhansi Road,
Lashkar, Gird,
Gwalior, Madhya Pradesh, 474001
Phone: +91 751 299 1115
Email: cs@manaspolymers.com
Website: http://www.manaspolymers/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Friday, 26 September 2025
IPO Close Date
Tuesday, 30 September 2025
Basis of Allotment
Wednesday, 01 October 2025
Initiation of Refunds
Friday, 03 October 2025
Credit of Shares to Demat
Friday, 03 October 2025
Listing Date
Monday, 06 October 2025 — NSE & BSE
Important Dates
Open Date
26 September 2025
Close Date
30 September 2025
Basis Of Allotment
01 October 2025
Listing Date
06 October 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 29.61 | 20.62 | 14.72 |
| Revenue | 33.06 | 20.09 | 20.36 |
| Profit After Tax | 4.29 | 1.7 | 0.79 |
| Net Worth | 10.23 | 5.94 | 3.42 |
| Reserve & Surplus | 5.36 | 1.07 | 2 |
| Total Borrowings | 10.71 | 21.71 | 9.19 |
EPS Pre
8.81%
EPS Post
5.52%
P/E Pre
9.19
P/E (Post Issue)
14.67x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 53.1 | 33.37 | 118.23 |
| ROCE % | 22.82 | 27.96 | 17.33 |
| Debt / Equity | 1.05 | 2.02 | 10.05 |
| RoNW % | 53.1 | 33.37 | 118.23 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 12.99 | 9.92 | 5.31 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Market Maker | 147200 | 5.07 | 0 |
| Qualified Institutions | 278400 | 9.59 | 0 |
| Non-Institutional | 686400 | 23.64 | 0 |
| Retail Investors | 1792000 | 61.71 | 0 |
| Total | 2904000 | 100 | 0 |
Subscription Status ( Tue, 30 Sep 25 01:32 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 278400 | 1854400 | 6.66x |
| Non-Institutional | 686400 | 1368000 | 1.99x |
| BNII | 456000 | 1241600 | 2.4x |
| SNII | 230400 | 126400 | 0.55x |
| Retail Investors | 1792000 | 342400 | 0.19x |
| Total | 2756800 | 3564800 | 1.29x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Manas Polymers and Energies Ltd | 10 | 0.00 | 2.42 | 2.42 | 16.70 | 14.48 |
| Manas Polymers and Energies Ltd | 10 | 0.00 | 4.19 | 4.19 | 33.37 | 12.06 |
| Mitsu Chem Plast Ltd | 10 | 19.04 | 7.10 | 7.10 | 12.50 | 58.45 |
| Technopack Polymers Ltd | 10 | 26.59 | 2.07 | 2.07 | 6.39 | 33.73 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 259,200.00 |
| Retail (Max) | 2 | 3,200 | 259,200.00 |
| S-HNI (Min) | 3 | 4,800 | 388,800.00 |
| S-HNI (Max) | 7 | 11,200 | 907,200.00 |
| B-HNI (Min) | 8 | 12,800 | 1,036,800.00 |
Registrar
Purva Sharegistry India Pvt Ltd
91 22 3522 0056 , 91 22 4961 4132
support@purvashare.com
https://www.purvashare.com
Book Running Lead Managers
- Expert Global Consultants Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Manas Polymers IPO is a Book-building IPO worth ₹23.52 crores. The price band is ₹76 to 81 per share. The IPO opens on Fri, Sep 26, 2025 and closes on Tue, Sep 30, 2025. It will be listed on BSE and NSE. Purva Sharegistry India Pvt Ltd is the registrar.
The Manas Polymers IPO opens on Fri, Sep 26, 2025 and closes on Tue, Sep 30, 2025
Manas Polymers IPO Price Band is ₹76 to 81.
Manas Polymers IPO lot size is 1600, and the minimum amount required for application is ₹259200.
The minimum investment for Manas Polymers IPO is approximately ₹259200 based on the upper price band.
To apply for the Manas Polymers IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Tue, Sep 30, 2025. After submission, funds are blocked until the basis of allotment of Manas Polymers IPO is finalised.
Manas Polymers IPO issue size is ₹23.52 crores.
Manas Polymers IPO allotment date is Sat, Jun 27, 2026.
The registrar for Manas Polymers IPO is Purva Sharegistry India Pvt Ltd. Investors can go to Purva Sharegistry India Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Manas Polymers IPO through their official website or helpline.
The Manas Polymers IPO GMP (Grey Market Premium) is ₹3 as of Mon, Oct 6, 2025. Based on the upper price band of ₹81 per share, the estimated Manas Polymers IPO listing price is ₹84, indicating a potential listing gain of approximately 31% over the issue price.