Manas Polymers & Energies Limited
Bookbuilding IPO · NSE
- Price band
- ₹76 - ₹81
- Lot size
- 1,600 shares
- Issue amount
- ₹23.52 cr
- Total subscription
- 1.29×
- Opens
- 26 Sept 2025
- Closes
- 30 Sept 2025
- Allotment
- 1 Oct 2025
- Listing
- 6 Oct 2025
Offer at a glance
Issue overview
- Issue size
- 29,04,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,21,600
- Fresh issue
- ₹23.52 cr
- Offer for sale
- ₹0 cr
- Registrar
- Purva Sharegistry (India) Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,29,600
- Issue type
- Bookbuilding IPO
- Shares before issue
- 48,72,000
- Shares after issue
- 77,76,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 3,200 | ₹2,59,200 |
| sHNI | 3 | 4,800 | ₹3,88,800 |
| bHNI | 8 | 12,800 | ₹10,36,800 |
Share reservation
Subscription & GMP
Subscription by category
Reported 30 Sept 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 560 | 107 |
| HNIs(10L +) | 95 | 5 |
| HNIs (2-10L) | 48 | 22 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 2.26 | 15.02 |
| FIIs | 0 | 7.52 |
| Others | 0 | 7.5 |
| RETAIL | 14.52 | 2.77 |
| HNIs 2+ | 1.87 | 1.02 |
| HNIs 10+ | 3.69 | 10.06 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 0 | 0 | 0 |
| ROE | 0 | 0 | 0 |
| ROCE | 22.82 | 14.28 | 11.61 |
| RONW | 53.1 | 36.38 | 22.46 |
| PRE IPO(PE) | 0 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Manas Polymers & Energies Limited | NA | NA | 10.00 | 21.00 | 53.10 | 8.81 |
| Mitsu Chem Plast Limited | 19.48 | 105 | 10.00 | 71.43 | 8.22 | 5.39 |
| Technopack Polymers Limited | 7.72 | 21 | 10.00 | 18.46 | 9 | 2.72 |
Company information
Company profile
Manas Polymers and Energies, incorporated in January 2024, manufactures high-quality food-grade PET preforms, bottles, jars, and caps, while also operating as an independent power producer in renewable energy generation and distribution. Serving industries such as automotive, construction, packaging, agriculture, and energy, the company focuses on sustainable solutions through continuous research and development. It is certified with ISO 9001:2015 for quality management, ISO 14001:2025 for environmental management, and ISO 3100:2018 for risk management. As of June 30, 2024, the company employs 27 people.
Strengths
- Robust Supplier Partnerships: The company maintains long-term relationships with trusted vendors, ensuring timely raw material supply, better inventory management, and consistent product quality.
- Strong Focus on Quality: Backed by strict safety standards, an experienced Quality Division, and advanced testing facilities, the company ensures all products meet regulatory and customer expectations.
- Well-Established Client Network: Long-standing relationships with key clients drive repeat business, strong customer loyalty, and support expansion into new markets.
Risk factors
- Dependence on Limited Suppliers: The company relies on a small number of suppliers for raw materials. Any disruption or price change could affect operations and financial performance.
- Heavy Reliance on Key Customers: A major share of revenue comes from a few customers without long-term agreements. Losing any of them could impact business, cash flows, and results.
- Compliance and Legal Risks: Past delays in statutory filings and record discrepancies may create regulatory challenges, potentially affecting operations and financial health.
Promoters
Vineet Bhadauria
Anju Bhadauria
Registrar & documents
Lead manager
Expert Global Consultants Private Limited
Registrar & contacts
Purva Sharegistry (India) Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No. 3, Baraghata Industrial Area, Jhansi Road, Lashkar, Gird, Gwalior, Madhya Pradesh, 474001
+91 751 299 1115
[email protected]Company website ↗Understanding MPEL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.