Manas Polymers IPO
Manas Polymers IPO
Overview
Manas Polymers IPO is a book build issue of ₹23.52 crores. The issue is entirely a fresh issue of 0.29 crore shares of ₹23.52 crore. Manas Polymers IPO opens for subscription on Sep 26, 2025 and closes on Sep 30, 2025. The allotment for the Manas Polymers IPO is expected to be finalized on Oct 1, 2025. Manas Polymers IPO will list on NSE SME with a tentative listing date fixed as Oct 6, 2025. Manas Polymers IPO price band is set at ₹76.00 to ₹81.00 per share . The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹2,59,200.00 (3,200 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (4,800 shares), amounting to ₹3,88,800. Expert Global Consultants Pvt.Ltd. is the book running lead manager and Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue.
Total Shares
29,04,000
Issue Size
₹23.52 Cr
Price Band
₹76 – ₹81
Lot Size
1600 shares
Min. Investment
₹2,59,200
Max. Investment
₹2,59,200
Open Date
26 Sep, 2025
Close Date
30 Sep, 2025
Allotment
01 Oct, 2025
Listing
06 Oct, 2025
Max. Investment
₹2,59,200
Announced
26 Sep, 2025
Opening Date
26 Sep, 2025
Closing Date
30 Sep, 2025
Basis of Allotment
01 Oct, 2025
Initiation of Refunds
03 Oct, 2025
Credit of Shares
03 Oct, 2025
Listing Date
06 Oct, 2025
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About Manas Polymers IPO
Incorporated in January 2024, Manas Polymers and Energies manufactures premium food-grade PET preforms, bottles, jars, and caps.
The company also engaged in the renewable power generation and distribution as an independent power producer (IPP).
Manas Polymers and Energies serves various industries, including automotive, construction, packaging, agriculture, and energy.
The company continually invests in research and development to create sustainable products that meet the ev
Manas Polymers IPO Share Price
Issue Breakdown
Shareholding
Dilution: 59.6% increase in shares
Manas Polymers IPO Promoters Holding
Manas Polymers IPO Financial Health
Manas Polymers IPO Lot Size
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3200 | ₹2,59,200 |
| Individual investors (Retail) (Max) | 2 | 3200 | ₹2,59,200 |
| S-HNI (Min) | 3 | 4800 | ₹3,88,800 |
| S-HNI (Max) | 7 | 11200 | ₹9,07,200 |
| B-HNI (Min) | 8 | 12800 | ₹10,36,800 |
(All values in CR)
Manas Polymers IPO Valuations
The market capitalization of Manas Polymers IPO is ₹62.99 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROCE | 22.82 |
| Debt/Equity | 1.05 |
| RoNW | 53.10 |
| PAT Margin | 12.99 |
| EBITDA Margin | 18.27 |
| Price to Book Value | 6.72 |
(All values in CR)
Manas Polymers IPO Strength & Risk
Manas Polymers IPO Strength:
Operates in the polymers and renewable energy sectors, with plans to expand solar power capacity from 1 MW to 5 MW.
Demonstrates a commitment to sustainability and clean energy initiatives.
Positioned in the growing renewable energy market, aligning with global trends toward clean energy adoption.
Plans to utilize IPO proceeds to accelerate strategic growth plans, particularly in expanding solar power capacity.
Aims to strengthen its position as a leading player in both the polymers and renewable energy sectors.
Manas Polymers IPO Risk:
Investments in equity and equity-related securities involve a degree of risk, and investors should not invest any funds in this issue unless they can afford to take the risk of losing their entire investment.
No assurance can be given regarding an active or sustained trading in the equity shares or the price at which they will be traded after listing.
Investors are advised to read the risk factors carefully before taking an investment decision in the issue.
Manas Polymers IPO Subscriptions Status
Manas Polymers IPO subscribed 0.06 times. The public issue subscribed 0.09 times in the individual investors category, 0.00 times in QIB (Ex Anchor), and 0.03 times in the NII category by September 30, 2025 10:54:11 AM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| QIB (Ex Anchor) | 0.00 | 2,78,400 | 0 | 0 |
| Non-Institutional Buyers | 0.03 | 6,86,400 | 20,800 | 0.168 |
| bNII (bids above ₹10L) | 0.00 | 4,56,000 | 0 | 0 |
| sNII (bids below ₹10L) | 0.09 | 2,30,400 | 20,800 | 0.168 |
| Individual Investors (IND category bidding for 2 Lots) | 0.09 | 17,92,000 | 1,53,600 | 1.244 |
| Total | 0.06 | 27,56,800 | 1,74,400 | 1.413 |
Manas Polymers IPO GMP
Manas Polymers SME IPO last GMP is ₹0, last updated Sep 30th 2025 09:58 AM. With the price band of 81.00, Manas Polymers SME IPO's estimated listing price is ₹81 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.
Last updated 30 Sep, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 30 Sep, 2025 | 81 | ₹0 | - | ₹81 (0.00%) | - | 30 Sep, 2025 |
| 29 Sep, 2025 | 81 | ₹0 | - | ₹81 (0.00%) | - | 29 Sep, 2025 |
| 28 Sep, 2025 | 81 | ₹0 | - | ₹81 (0.00%) | - | 28 Sep, 2025 |
| 27 Sep, 2025 | 81 | ₹0 | - | ₹81 (0.00%) | - | 27 Sep, 2025 |
| 26 Sep, 2025 | 81 | ₹0 | - | ₹81 (0.00%) | - | 26 Sep, 2025 |
| 25 Sep, 2025 | 81 | ₹0 | - | ₹81 (0.00%) | - | 25 Sep, 2025 |
| 24 Sep, 2025 | 81 | ₹0 | - | ₹81 (0.00%) | - | 24 Sep, 2025 |
| 23 Sep, 2025 | 81 | ₹0 | - | ₹81 (0.00%) | - | 23 Sep, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Manas Polymers IPO
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Go to IPO Section
Find Manas Polymers IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Provide your UPI ID linked to your bank account and submit the application.
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Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.