
Manas Polymers IPO description – Incorporated in January 2024, Manas Polymers and Energies is primarily engaged in the business of manufacturing and supplying premium food-grade PET preforms and PET bottles, jars, and closure caps. The company sells the products i.e. PET preforms and PET bottles, jars, and closure caps to the PET (plastics) industry. Manas Polymers is also engaged in renewable power generation and distribution as an independent power producer (IPP).
Manas Polymers and Energies Project and Products:
- Solar Power Plant (Renewable Energy Project) (Independent Power Producer Model): The company operates as an independent power producer in Madhya Pradesh, focusing on renewable power generation and distribution. Currently, it runs a solar power project with a capacity of approximately 1.00 MW at a single location, which began as a pilot plant. Additionally, the company has identified land at Sakedi, Shajapur, Madhya Pradesh, where it plans to establish another solar power project with a capacity of around 5 MW.
- PET (Plastic) Manufacturing and Trading: The company manufactures and supplies premium food-grade PET preforms, bottles, jars, and closure caps to the PET plastics industry. Its manufacturing facility, covering an area of 1,533.45 sq. ft., is located in Gwalior, Madhya Pradesh.

Promoters of Manas Polymers and Energies – Vineet Bhadauria, Dhruv Bhadauria and Janvi Bhadauria
Table of Contents
Manas Polymers IPO Details
| Manas Polymers IPO Dates | 26 – 30 September 2025 |
| Manas Polymers Issue Price | INR 76 – 81 per share |
| Fresh Issue | 29,04,000 shares (INR 22.07 – 23.52 crore) |
| Offer For Sale | NIL |
| Total IPO Size | 29,04,000 shares (INR 22.07 – 23.52 crore) |
| Minimum Bid | 3,200 shares (INR 2,59,200) |
| Lot Size | 1,600 shares (INR 1,29,600) |
| Face Value | INR 10 per share |
| Individual Allocation | 35% |
| Listing On | NSE EMERGE |
Manas Polymers Financial Performance
| 25 Jan – 31 Mar 2024 | FY 2025 | |
| Revenue | 4.76 | 31.54 |
| Expenses | 3.87 | 25.78 |
| Net income | 0.75 | 4.29 |
Manas Polymers and Energies Offer News
- Manas Polymers RHP
- Manas Polymers Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Manas Polymers Valuations & Margins
| 25 Jan – 31 Mar 2024 | FY 2025 | |
| EPS | 1.60 | 8.81 |
| PE ratio | – | 8.63 – 9.19 |
| RONW (%) | – | 53.10 |
| NAV | – | 21.00 |
| ROCE (%) | 14.28 | 22.82 |
| EBITDA (%) | 18.09 | 18.27 |
| Debt/Equity | 2.00 | 1.05 |
Manas Polymers IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Manas Polymers IPO Subscription – Live Updates
| Category | QIB | NII | Individual | Total |
|---|---|---|---|---|
| Shares Offered | 2,78,400 | 6,86,400 | 17,92,000 | 27,56,800 |
| 30 Sep 2025 | 6.66 | 1.99 | 0.19 | 1.29 |
| 29 Sep 2025 | 0.00 | 0.02 | 0.06 | 0.05 |
| 26 Sep 2025 | 0.00 | 0.01 | 0.03 | 0.02 |
The market maker reservation portion of 1,47,200 shares is not included in the above calculations.
Manas Polymers IPO Allotment Status
Manas Polymers IPO allotment status is now available on Purva Sharegistry’s website. Click on this link to get allotment status.
Manas Polymers IPO Dates & Listing Performance
| IPO Opening Date | 26 September 2025 |
| IPO Closing Date | 30 September 2025 |
| Finalization of Basis of Allotment | 1 October 2025 |
| Initiation of refunds | 3 October 2025 |
| Transfer of shares to demat accounts | 3 October 2025 |
| IPO Listing Date | 6 October 2025 |
| Opening Price on NSE SME | INR 153.90 per share (up 90%) |
| Closing Price on NSE SME | INR 146.20 per share (up 80.49%) |
Manas Polymers Offer Lead Manager
EXPERT GLOBAL CONSULTANTS PRIVATE LIMITED
1511, RG Trade Tower Netaji Subhash Place,
Pitampura, New Delhi – 110 034
Phone: 91 11 4509 8234
Email: [email protected]
Website: www.expertglobal.in
Manas Polymers Offer Registrar
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
9, Shiv Shakti Industrial Estate, J.R. Boricha Marg, Lower
Parel (East) Mumbai-400011, Maharashtra India
Phone: + 91- 022-4961 4132
Email: [email protected]
Website: www.purvashare.com
Manas Polymers Contact Details
MANAS POLYMERS AND ENERGIES LIMITED
Plot No. 3, Baraghata, Industrial Area, Jhansi Road,
Lashkar, Gwalior, Gird, Madhya Pradesh, India, 474001
Phone: +91 75129 91115
E-mail: [email protected]
Website: www.manaspolymers.com
IPO FAQs
What is Manas Polymers offer size?
Manas Polymers offer size is INR 22.07 – 23.52 crores.
What is Manas Polymers offer price band?
Manas Polymers public offer price is INR 76 – 81 per share.
What is the lot size of Manas Polymers IPO?
Manas Polymers offer lot size is 1,600 shares.
What is Manas Polymers IPO GMP today?
Manas Polymers IPO GMP today is INR NA per share.
What is Manas Polymers kostak rate today?
Manas Polymers kostak rate today is INR NA per application.
What is Manas Polymers IPO Subject to Sauda rate today?
Manas Polymers Subject to Sauda rate today is INR NA per application.




































