The Manas Polymers & Energies IPO is scheduled to open for subscription on September 26, 2025, and will close on September 30, 2025. The allotment will be finalized on October 1, 2025, and the shares are expected to list on the BSE and SME on October 6, 2025. This SME IPO is attracting investors due to the company’s strong financial growth and an attractive price band of ₹140 Per Share.
Here’s a complete guide covering IPO details, dates, promoters, financials, strengths, risks, and how to apply.
Manas Polymers & Energies IPO Details
| Particulars | Details |
| IPO Open Date | 26/09/2025 |
| IPO Close Date | 30/09/2025 |
| 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 | BSE, SME |
| RHP Draft Prospectus | Download |
| DRHP Draft Prospectus | Download |
M P K Steels IPO 2025: Price, Dates, Lot Size, Strengths & Risks
Manas Polymers & Energies IPO Market Lot
The minimum market lot for Manas Polymers & Energies IPO is 3200 shares, with a total 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 |
Manas Polymers & Energies IPO Reservation
| Inventory Category | Shares Offers | No. of Shares |
| QIB | 9.60% | 278400 |
| HNI | 23.65% | 686400 |
| RETAIL | 61.75% | 1792000 |
| Market Maker | 5.00% | 147200 |
| TOTAL | 100.00% | 2904000 |
Manas Polymers & Energies IPO Timeline
The Manas Polymers & Energies IPO opens on September 26, 2025, and closes on September 30, 2025. The allotment will be finalized on October 1, 2025, with the shares list on October 6, 2025.
| Event | Date |
| IPO Open Date | September 26, 2025 |
| IPO Close Date | September 30, 2025 |
| Basis of Allotment | October 1, 2025 |
| Refunds Initiation | October 3, 2025 |
| Credit to Demat Account | October 3, 2025 |
| IPO Listing Date | October 6, 2025 |
| IPO Bidding Cut-off Time | September 30, 2025 – 5:00 PM |
Promaters and Holding Pattern
The promoters of 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 setting up of Solar Power Plant | 20.2 |
| Funding of capital expenditure requirements towards purchase of Fixed Assets | 2.51 |
| General Corporate Purpose | – |
Company Financial
Amount ₹ in Crores
| Period Ended | March-2025 | March-2024 |
| Assets | 29.6 | 20.61 |
| Revenue | 33.05 | 5.02 |
| Net Worth | 10.22 | 5.93 |
| profit After Tax | 4.29 | 0.7 |
| Reserves And Surpluse | 5.35 | 1.06 |
| Total Borrowing | 10.7 | 11.87 |
Manas Polymers & Energies IPO Valuation
Check Manas Polymers & Energies IPO valuation details, including Price/Earnings P/E Ratio, Earnings Per Share (EPS), Return on Net Worth (RoNW), and Net Asset Value (NAV).
| KPI | March-2025 | March-2024 | March-2023 |
| EPS | 0 | 0 | 0 |
| ROE | 0 | 0 | 0 |
| ROCE | 22.82 | 14.28 | 11.61 |
| RONW | 53.10 | 36.38 | 22.46 |
| PRE IPO(PE) | 0 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
About company
Founded in 2024, Manas Polymers manufactures and supplies premium food-grade PET preforms, PET bottles, jars, and closure caps. The company also operates in renewable energy generation and distribution as an Independent Power Producer (IPP).
The business sources raw materials like low-density and high-density polyethylene from reputed vendors, ensuring quality and consistency. Strong promoter experience and established customer relationships have enabled rapid growth.
Manas Polymers & Energies IPO Strenght Factors
- Rapid growth in PET packaging and renewable energy segments.
- High ROE of 53% and strong profit margins.
- Experienced promoters and strong vendor relationships.
- Funds allocated to solar projects indicate focus on sustainable energy.
Manas Polymers & Energies IPO Risk Factors
- High minimum investment may restrict small retail participation.
- Dependence on raw material prices like PET and polyethylene.
- SME listing means lower liquidity and higher post-listing volatility.
Lead Manager
- Expert Global Consultants Pvt.Ltd.
Company Details
- Name:- Manas Polymers & Energies
- Email:- cs@manaspolymers.com
- Phone:- +91 7512991115
- Website:- http://www.manaspolymers.com/
- Address:- Plot No. 3, Baraghata Industrial Area, Jhansi Road, Lashkar, Gird, Gwalior, Madhya Pradesh, 474001
IPO Registrar
- Name:- Purva Sharegistry India Pvt Ltd
- Email:- newissue@purvashare.com
- Phone:- +91-022-23018261/ 23016761
- Website:- https://www.purvashare.com/investor-service/ipo-query
Disclemer
IPO Sevak (iposevak.com) is not a SEBI-registered advisor. This content is for informational purposes only and should not be considered as investment advice. Please consult a licensed financial advisor before investing.
FAQs
1. When does the Manas Polymers & Energies IPO open and close?
Ans:- The IPO opens on September 26, 2025, and closes on September 30, 2025.
2. What is the price band for the Manas Polymers & Energies IPO?
Ans:- The price band is ₹76 to ₹81 Per Share.
3. What is the minimum lot size and investment amount?
Ans:- The minimum market lot is 3200 shares, requiring an investment of ₹2,59,200.
4. Who are the promoters of the Manas Polymers & Energies?
Ans:- The promoters are Vineet Bhadauria and Anju Bhadauria.
5. When will the allotment be finalized?
Ans:- The allotment will be finalized on October 1, 2025.
6. When will the Manas Polymers & Energies IPO list on the stock exchange?
Ans:- The shares are expected to list on the BSE, SME on October 6, 2025.