Manas Polymers IPO Date, Review, Price, Allotment Details
The Manas Polymers IPO will open on September 26, 2025, and close on September 30, 2025. It is a Book Built Issue, through which the company plans to raise approximately ₹23.52 crores, comprising a fresh issue of ₹23.52 crores and an offer for sale of [.] equity shares with a face value of ₹10 each.
The price band for the IPO is set at ₹76 to ₹81 per share, with the quota allocated as 50% for QIBs, 15% for HNIs, and 35% for retail investors. The shares are proposed to be listed on the NSE on October 6, 2025, while the IPO allotment date is scheduled for October 1, 2025.
Financially, the company reported revenue of ₹5.03 crores in 2024, with a net profit of ₹0.79 crores in 2024. Based on these figures, analysts recommend that investors consider this IPO for long-term investment.
Manas Polymers IPO Details
IPO Open Date September 26, 2025 IPO Close Date September 30, 2025 Face Value ₹10 Per Equity Share IPO Price Band ₹76 to ₹81 Per Share Issue Size Approx ₹23.52 Crores Fresh Issue Approx ₹23.52 Crores Issue Type Book Built Issue IPO Listing NSE SME DRHP Draft Prospectus 
Manas Polymers IPO Market Lot
The minimum market lot for the Manas Polymers IPO is 3,200 shares, requiring an application amount of ₹2,59,200.
Application Lot Size Shares Amount Retail Minimum 2 3,200 ₹2,59,200 Retail Maximum 2 3,200 ₹2,59,200 S-HNI Minimum 3 4,800 ₹3,88,800 S-HNI Maximum 7 11,200 ₹9,07,200 B-HNI Minimum 8 12,800 ₹10,36,800
IPO Reservation
Investor Category Share Offered -% Shares Anchor Investor 1,47,200 Shares 5.07% QIB (Ex. Anchor) 2,78,400 Shares 9.59% NII Shares Offered 6,86,400 Shares 23.64% Retail Shares Offered 17,92,000 Shares 61.71%
Manas Polymers IPO Anchor Investors
Anchor Bidding Date September 25, 2025 Anchor Investors List Shares Offered [.] Shares Anchor Size [.] Cr. Lock-in period end date 50% shares (30 Days) October 31, 2025 Lock-in period end date 50% shares (90 Days) December 30, 2025
Manas Polymers IPO Dates
The Manas Polymers IPO will open on September 26 and close on September 30. The IPO allotment is scheduled for October 1, while the listing will take place on October 6.
IPO Open Date: September 26, 2025 IPO Close Date: September 30, 2025 Basis of Allotment: October 1, 2025 Refunds: October 3, 2025 Credit to Demat Account: October 3, 2025 IPO Listing Date: October 6, 2025 IPO Bidding Cut-off Time: September 30, 2025 – 5 PM
Promoters and Holding Pattern
The promoters of Manas Polymers are Vineet Bhadauria and Anju Bhadauria.
Particular Shares % Share Promoter Holding Pre-Issue 48,72,000 100.00% Promoter Holding Post Issue 77,76,000 -%
Objects of the Issue & Utilisation of Proceeds
Purpose Crores Funding of capital expenditure requirements towards the setting up of a Solar Power Plant 20.2 Funding of capital expenditure requirements towards the purchase of Fixed Assets 2.51 General Corporate Purpose –
About Manas Polymers IPO
Founded in 2024, Manas Polymers is engaged in the manufacturing and supply of premium food-grade PET preforms, bottles, jars, and closure caps. The company caters to the PET plastics industry with its own range of high-quality products, ensuring durability and safety for various applications.
In addition to its plastics business, Manas Polymers is involved in renewable power generation and distribution as an independent power producer (IPP). The company’s growth is driven by its skilled and experienced promoters, strong customer relationships, and strategic sourcing of raw materials such as low-density polyethylene (LDPE), high-density polyethylene (HDPE), and polypropylene from reputable vendors to maintain high-quality production standards.
Manas Polymers IPO Company Financial Report
Amount in Crores (₹)
Period Ended Revenue Expense PAT Assets 2024 ₹5.03 ₹3.87 ₹0.79 ₹21.08 June 2024 ₹8.69 ₹6.80 ₹1.18 ₹22.14
Manas Polymers IPO Valuation – FY2024
Check Manas Polymers IPO valuation details like Earnings Per Share (EPS), Price/Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI Values ROE: 33.37% ROCE: 27.96% EBITDA Margin: 18.09% PAT Margin: 9.92% Debt to equity ratio: 2.02 Earning Per Share (EPS): ₹1.69 (Basic) Price/Earnings (P/E) Ratio: N/A Return on Net Worth (RoNW): 33.37% Net Asset Value (NAV): ₹12.06
Peer Group Comparison
Company EPS PE Ratio RoNW % NAV Income Mitsu Chem Plast Limited 7.10 19.04 12.50% 58.45 311.25 Cr. Technopack Polymers Limited 2.07 26.59 6.39% 33.73 12.76 Cr.
IPO Lead Managers aka Merchant Bankers
- Expert Global Consultants Pvt. Ltd.
IPO Registrar
Purva Sharegistry (India) Pvt. Ltd.
Phone: +91-022-23018261/23016761
Email: newissue@purvashare.com
Website: https://www.purvashare.com/investor-service/ipo-query
Company Address
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/