Manas Polymers IPO
GMP, Subscription, Price, Dates & Financial Details
Trading
Manas Polymers and Energies LimitedIncorporated 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…
Open Date
Fri, 26 Sep 2025
Close Date
Tue, 30 Sep 2025
Price Band
₹ 76 – 81
Lot Size
1600
Issue Size
₹ 23.52 Cr
Minimum Investment
₹ 259,200 (3200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Manas Polymers IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹24 Crore.
The Manas Polymers IPO remained open for subscription from September 26, 2025, to September 30, 2025. The basis of allotment was finalized on October 01, 2025, and the company's shares were listed on NSE SME Platform on October 06, 2025.
The company had fixed the price band at ₹76 to ₹81 per share, with a lot size of 1600 shares. Retail investors were required to make a minimum investment of ₹259,200 (based on the upper price band) to apply for one lot.
Purva Sharegistry India Pvt Ltd served as the registrar to the issue. Expert Global Consultants Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Manas Polymers and Energies Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Manas Polymers IPO Timeline (Tentative)
- IPO Open Date
- Fri, 26 Sep 25
- IPO Close Date
- Tue, 30 Sep 25
- Basis of Allotment
- Wed, 01 Oct 25
- Initiation of Refunds
- Fri, 03 Oct 25
- Credit of Shares to Demat
- Fri, 03 Oct 25
- Listing Date
- Mon, 06 Oct 25 — NSE & BSE
Open Date
26 September 2025
Close Date
30 September 2025
Basis Of Allotment
01 October 2025
Listing Date
06 October 2025
IPO Subscription
Check Live Subscription →The Manas Polymers IPO has received bids for 35,64,800 shares against 27,56,800 shares offered, resulting in an overall subscription of 1.29x. the NII category is subscribed 1.99x, Retail Investors 0.19x, and QIBs 6.66x. Within the NII category, BNII is subscribed 2.4x, while SNII is subscribed 0.55x.
QIB
6.66x
NII
1.99x
BNII
2.4x
SNII
0.55x
RII
0.19x
Total
1.29x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 17,92,000 shares, representing 61.71% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 2,78,400 shares (9.59%), while Non-Institutional Investors (NIIs) receive 6,86,400 shares (23.64%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Market Maker | 147,200 | 5.07% |
| Qualified Institutions | 278,400 | 9.59% |
| Non-Institutional | 686,400 | 23.64% |
| Retail Investors | 1,792,000 | 61.71% |
| Total | 2,904,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Manas Polymers and Energies Limited KPI Information
| 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 |
| Pat Margin % | 12.99 | 9.92 | 5.31 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Manas Polymers and Energies Ltd | 10 | 0 | 2.42 | 2.42 | 16.7 | 14.48 |
| Manas Polymers and Energies Ltd | 10 | 0 | 4.19 | 4.19 | 33.37 | 12.06 |
| Mitsu Chem Plast Ltd | 10 | 19.04 | 7.1 | 7.1 | 12.5 | 58.45 |
| Technopack Polymers Ltd | 10 | 26.59 | 2.07 | 2.07 | 6.39 | 33.73 |
About Manas Polymers and Energies Limited
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.
Manas Polymers IPO Promoters
- Vineet Bhadauria
- Anju Bhadauria
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
0.00%
Manas Polymers IPO Objective
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
Manas Polymers and Energies Limited Address / Contact Details
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
Manas Polymers IPO Lot Size
The Manas Polymers IPO has a lot size of 1,600 shares. Retail investors require a minimum investment of ₹2,59,200 by applying for 2 lot (3,200 shares). The maximum application allowed for the retail category is 2 lots (3,200 shares), requiring an investment of ₹2,59,200.
| 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 |
Issue Reservation
- Market Maker — 5.07%
- QIB — 9.59%
- NII — 23.64%
- RII — 61.71%
Book Running Lead Managers
- Expert Global Consultants Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Manas Polymers IPO?
Manas Polymers IPO is a Book-building IPO with a total issue size of ₹23.52 crore. The Manas Polymers IPO price band is ₹76 to 81 per share. The Manas Polymers IPO subscription opens on Fri, Sep 26, 2025, and closes on Tue, Sep 30, 2025. The Manas Polymers IPO will be listed on the NSE. Purva Sharegistry India Pvt Ltd is the registrar for the Manas Polymers IPO.
When will the Manas Polymers IPO open for subscription?
The Manas Polymers IPO opens on Fri, Sep 26, 2025 and closes on Tue, Sep 30, 2025
What is Manas Polymers IPO Price Band?
Manas Polymers IPO Price Band is ₹76 to 81 per share.
What is Manas Polymers IPO Lot Size?
Manas Polymers IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹259200 based on the upper price band
What is the minimum investment for Manas Polymers IPO?
The minimum investment for Manas Polymers IPO is ₹259200, based on one lot of 1600 shares at the upper price band of ₹81 per share.
How to apply for Manas Polymers IPO?
Investors can apply for the Manas Polymers IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Sep 30, 2025. The application amount remains blocked until the Manas Polymers IPO allotment is finalized.
What is Manas Polymers IPO Issue Size?
Manas Polymers IPO issue size is ₹23.52 crores.
What is the Manas Polymers IPO Allotment Date?
Manas Polymers IPO allotment date is Wed, Oct 1, 2025.
Who is the Manas Polymers IPO Registrar?
The registrar for Manas Polymers IPO is Purva Sharegistry India Pvt Ltd. Investors can go to Purva Sharegistry India Pvt Ltd website to check Manas Polymers IPO allotment status, refund processing, and other IPO-related information.
What is the Manas Polymers IPO GMP?
The Manas Polymers IPO GMP (Grey Market Premium) is ₹3 as of Sun, Oct 5, 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 3.70% over the issue price.
Who is the Manas Polymers IPO Lead Manager?
The book-running lead managers (BRLMs) for the Manas Polymers IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Manas Polymers IPO Red Herring Prospectus (RHP).