Manas Polymers
06 Oct '25SME
Min. Investment
₹2,43,200
Issue size
₹23.52 Cr
GMP
Locked
Overall subscription: 1.18x
Check allotment status
Expert verdict
IPO dates
26 Sep
Opening
30 Sep
Closing
01 Oct
Allotment
06 Oct
Listing
*Refunds will be initiated on 03 Oct '25
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3200 | ₹2,59,200 |
Subscription (as on 07 November 2025, 06:30 PM)
Overall1.18x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2024|MD: Mr Vineet Bhadauria
- Manas Polymers is involved in the manufacturing and supply of premium food-grade polyethylene terephthalate (PET preforms), PET bottles, jars, and closure caps, primarily catering to the PET plastics industry. The company also engages in renewable energy generation and distribution.
- Initially founded as Manas Power and Infrastructure in 2015 by the Late Anju Bhadauria, the company later expanded its operations under the name Manas Polymers in 2017. The business was formally incorporated as Manas Polymers in January 2024 to further expand its operations in PET plastics and renewable energy.
- Manas Polymers acquired the businesses of its predecessor concerns in January 2024, consolidating its activities under one entity to optimise resource usage. The company’s manufacturing activities are centered around producing high-quality PET products for the plastics industry.
- Use of proceeds:
- This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes:
- To fund the capital expenditure requirements for setting up a solar power plant—Rs 13.5 crore.
- To fund the capital expenditure requirements for purchasing fixed assets—Rs 2.97 crore.
- General corporate purposes.
Issue Details & Objective
Lot size
1600 Shares
Price band
₹76 to 81
Face value
₹10 per share
Financials
IPO reservation
QIB - 9.59%
HNI - 23.64%
Retail - 61.71%
Download DRHP (IPO Doc)FAQs
Should I apply for the Manas Polymers IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Manas Polymers IPO?
The issue size of Manas Polymers IPO is ₹23.52 Cr
What are the open and close dates for Manas Polymers IPO?
The Manas Polymers IPO will be open for applications from 26 Sep '25 to 30 Sep '25
What is the lot size and minimum order quantity of Manas Polymers IPO?
The lot size of Manas Polymers IPO is 1600 Shares and its minimum investment amount is ₹2,43,200.
What is the GMP value of Manas Polymers IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Manas Polymers IPO is 0
