Manas Polymers IPO GMP & Review: Should You Apply or Avoid?

Check Expert’s Verdicts on Manas Polymers IPO

Manas Polymers’ IPO is open for bidding from 26th September 2025 to 30th September 2025. It is a book-building IPO of ₹23.52 crores, comprising an entirely fresh issue of ₹0.29 crore. The problem will be listed on BSE and SME on its tentative listing date, 6th October 2025. 

Manas Polymers IPO Details 

The Manas Polymers IPO date is fixed between 26th September 2025 and 30th September 2025. The face value of Manas Polymers’ IPO shares is ₹10 per share, and the IPO price is set between ₹76 and ₹81 per share.

Purva Sharegistry (India) Private Limited is the registrar of the Manas Polymers IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

Manas Polymers IPO Share Reservation

Manas Polymers’ IPO is a bookbuilding IPO of ₹23.52 crores, and entirely a fresh issue of 0.24 crores, which will be listed on the NSE and SME. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Manas Polymers IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Would you like to receive live updates on the Manas Polymers IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 20th September 2025, Manas Polymers’ IPO GMP stands at ₹0 per share, indicating that the share is likely to list at ₹99 on its tentative listing date, 6th October 2025.

GMP data is subject to change based on market trends and sentiments. Please verify the live GMP status before applying for the Manas Polymers GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends. 

Manas Polymers IPO GMP Review

Check out the detailed Manas Polymers GMP IPO review for a thorough understanding of its potential to report listing gains on 6th October 2025. The Manas Polymers IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Therefore, it is crucial to comprehend the business’s financial growth margins and declines before applying for the Manas Polymers IPO.

Manas Polymers Limited’s revenue increased by 72.76% from ₹5.03 crores in March 2024 to ₹8.69 crores in June 2024. Moreover, the company’s PAT rose by 49.36% from ₹0.79 crores to ₹1.18 crores.

Manas Polymers Limited’s IPO has shown consistent revenue growth, indicating that the company is financially stable. Moreover, brokers, investors, and RAs have a positive outlook for the Manas Polymers IPO, with its tentative listing day scheduled for 6th October 2025.  

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Manas Polymers IPO.

The P/E ratio of Manas Polymers Limited’s share is 9.19, and its Earnings Per Share (EPS) stands at 8.81. Thus, the Manas Polymers Limited IPO can deliver gains on its tentative listing date, 6th October 2025. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Manas Polymers Limited are subject to change after the IPO. Refer to the table below for post-issue updates on these two metrics. 

Manas Polymers IPO Subscription Status

The Manas Polymers IPO is scheduled to open for bidding on September 26, 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Manas Polymers IPO subscription status. 

About Manas Polymers Limited

Manas Polymers Limited was established 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 evolving demands of modern industries while minimising environmental impact. The company has received ISO certificates for: 1. ISO 9001: 2015 – Quality Management Systems 2. ISO 14001: 2025- Environmental Management 3. ISO 3100: 2018- Risk Management. As of June 30, 2024, the company has 27 employees.

Manas Polymers Limited Financials

The company’s financial analysis is essential before applying for the Manas Polymers  IPO. Refer to the table to learn about Manas Polymers Limited’s financial information. 

Explanation

Manas Polymers Limited’s revenue increased by 72.76% from ₹5.03 crores in March 2024 to ₹8.69 crores in June 2024. Moreover, the company’s PAT rose by 49.36% from ₹0.79 crores to ₹1.18 crores.

Manas Polymers IPO Bidding Requirements

Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 thereof. The following table represents the minimum and maximum investments by individual investors (retail) and HNI in terms of shares and amount.

Manas Polymers’ IPO has reserved lot sizes for different investor categories. Look at the table below to see the requirements for applying for this IPO.

Use the lot size calculator to find how many shares you should apply for!

Manas Polymers IPO Promoter Holding

Refer to the table below to review the holdings of Manas Polymers Limited’s promoters: Sanjay Singhania, Ajay DD Singhania, Bajrang Bothra, Laxmi Pat Bothra and Nikhil Bothra.

Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue –  Share Holding Post-Issue.

Aim of the Manas Polymers IPO

The primary aim of the Manas Polymers IPO is to raise ₹23.52 crore. On the other hand, Manas Polymers has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Manas Polymers IPO.

• To fund capital expenditure requirements towards setting up a Solar Power Plant
• To fund capital expenditure requirements towards the purchase of Fixed Assets
• For general corporate purposes

Should I Invest in the Manas Polymers IPO?

Explore the pros and cons of Manas Polymers to know whether you should apply or avoid the issue. These pros and cons may help you understand the IPO’s efficiency in generating profits in the coming decades. 

Pros of Manas Polymers IPO

• The company operates a business based on client orders and utilises efficient in-house processing facilities to achieve economies of scale.
• The company has an experienced management team
• The company has an existing relationship with suppliers
• The company has a smooth flow of operations 

Cons of Manas Polymers IPO

• The company has been dependent on key suppliers and raw materials.
• The company’s revenue, based on modest revenue, is relatively quite smaller compared to major players.
• The company has concentrated in a single region if the natural disaster, regulatory changes and regional issues they imoant on the company with more dispersed operations. 

How to Apply for the Manas Polymers IPO?

Please follow the steps outlined below to apply for a position at Manas Polymers Limited.

• Step 1: Conduct thorough research on the Manas Polymers IPO, including GMP, subscription status, issue size, lot size, and other relevant details. 
• Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Place a bid for two lots of 3,200 shares, valued at ₹2,59,200.
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Manas Polymers IPO from more than one demat account to increase your chances of allotment. 

How to Check the Manas Polymers IPO Allotment Status?

You can check whether the Manas Polymers IPO allotment has been completed in different ways. These include BSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On BSE

• Visit the BSE Official Website.
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the Manas Polymers IPO.  
• Choose whether to proceed with the PAN number or the application number. 
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal.
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Manas Polymers IPO allotment status.

Let’s Wrap

Manas Polymers’ IPO is a fresh issue of shares worth ₹23.52 crores. The shares of Manas Polymers Limited will be listed on NSE and SME on its tentative listing date of 1st October 2025. Researching the Manas Polymers IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Manas Polymers IPO

How is the Manas Polymers IPO?

Ans. Currently, on 23rd September 2025, the Manas Polymers IPO GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹81 per share. It is a book-building IPO of ₹23.52 crores, comprising an entirely fresh issue of 0.29 crore shares. The face value of each share of Manas Polymers Limited is ₹10 per share.

What is the IPO price of Manas Polymers?

Ans. The DSM Projects IPO price is set at ₹76 to ₹81 per share. Retail investors can apply for a minimum of 2 lots, each consisting of 3,200 shares, worth ₹2,59,200. Moreover, HNIs are required to bid for a minimum of 3 lots (4,800 shares) worth ₹3,88,800.

Is the Manas Polymers IPO a good investment?

Ans. Manas Polymers Limited’s revenue increased by 72.76% from ₹5.03 crores in March 2024 to ₹8.69 crores in June 2024. Moreover, the company’s PAT rose by 49.36% from ₹0.79 crores to ₹1.18 crores.

Who is the registrar of the Manas Polymers IPO?

Ans. Purva Sharegistry (INDIA) Private Limited is the registrar of the Manas Polymers IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the Manas Polymers allotment and refund, please contact Purva Sharegistry (INDIA) Private Limited at newissue@purvashare.com   or +91-022-23018261/ 23016761.

What is the issue size of the Manas Polymers IPO?  

Ans. Manas Polymers’ IPO is a book-building IPO of ₹23.52 crores, comprising an entirely fresh issue of 0.29 crore shares. Moreover, the IPO is set to open on 26th September 2025 and will be closed on 30th September 2025. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Manas Polymers IPO, download the Manas Polymers IPO RHP and the Manas Polymers IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

Upcoming IPOs

Current & Previous IPOs

Read Our Articles on the Best Stocks

Tech Stocks in India to Invest in 2025 | Tech Sector Stocks 

Best Battery Stocks in India to Invest in 2025 | Battery Sector Stocks 

Best Shipping Stocks in India to Invest in 2025 | Shipping Sector Stocks 

Paint Stocks in India to Invest in 2025 | Paint Sector Stocks 

Paper Stocks in India to Invest in 2025 | Paper Sector Stocks 

Best Semiconductor Stocks in India 2025 

Best Large Cap Stocks in India 2025 

Green Energy Penny Stocks

Best Cement Stocks To Invest in India

Also Explore

Univest Screeners

Explore Webstories on Univest 

1. Best Time To Buy Dividend Stocks

2. How RBI Policies Affect Dividend Stocks

3. Can Dividend Stocks Beat Inflation

4. What Is The Dividend Aristocrat List

5. Which Indian Psus Offer The Best Dividends

6. Large Cap Vs Small Cap Dividend Stocks