Manas Polymers & Energies
September 26, 2025 – September 30, 2025
| Price | ₹76 - ₹81 |
| GMP Rumors * | ₹0 |
|---|---|
| Lot size | 1600 |
| Allotment | Oct 1, 2025 |
| Listing | Oct 6, 2025 |
Manas Polymers & Energies Subscription
Last updated on 26-Sep-2025 16:19:16
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 278400 | 0 | 0 |
| HNIs | 686400 | 4800 | 0.01 |
| bHNI | 456000 | 0 | 0 |
| sHNI | 230400 | 4800 | 0.02 |
| Individual | 1792000 | 44800 | 0.03 |
| Total | 2756800 | 49600 | 0.02 |
Application-Wise Breakup  | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| HNIs (3-10L) | 48 | 1 | 0.02 |
| Individual | 560 | 14 | 0.03 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIB | 2.26 | 0 | 0 |
| FII | - | 0 | - |
| FI | - | 0 | - |
| IC | - | 0 | - |
| MF | - | 0 | - |
| OTH | - | 0 | - |
| HNIs | 5.56 | 0.04 | 0.01 |
| bHNI | 3.69 | 0 | 0 |
| sHNI | 1.87 | 0.04 | 0.02 |
| Individual | 14.52 | 0.36 | 0.03 |
| Total | 22.33 | 0.4 | 0.02 |
Manas Polymers & Energies Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 3200 | 259200 | 560 |
| sHNI | 3 | 4800 | 388800 | 48 |
| bHNI | 8 | 12800 | 1036800 | 95 |
Manas Polymers & Energies Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 278400 | 9.59% |
| HNI | 686400 | 23.64% |
| INDIVIDUAL | 1792000 | 61.71% |
| Market Maker | 147200 | 5.07% |
| Total | 2904000 | 100% |
Manas Polymers & Energies About
IPO Details
| Total Issue Size | 29,04,000 shares (aggregating up to ₹23.52 Cr) |
| Fresh Issue | 29,04,000 shares (aggregating up to ₹23.52 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 48,72,000 shares |
| Share Holding Post Issue | 77,76,000 shares |
| Reserved for Market Maker | 1,47,200 shares (aggregating up to ₹1.19 Cr) |
| Market Maker | Shreni Shares Limited |
Key Performance Indicator (KPI)
| KPI | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| RONW | 53.10% | 36.38% | 22.46% |
| ROCE | 22.82% | 14.28% | 11.61% |
| Debt/ Equity | 1.05 | 2 | 2.69 |
Company Financial (In ₹Crore)
| Period Ended | Mar-25 | Mar-24 |
|---|---|---|
| Assets | 29.6 | 20.61 |
| Total Income | 33.05 | 5.02 |
| Profit After Tax | 4.29 | 0.7 |
| Net Worth | 10.22 | 5.93 |
| Reserves and Surplus | 5.35 | 1.06 |
| Total Borrowing | 10.7 | 11.87 |
Peer Comparision (Valuation)
| Company | P/E (x) | CMP*(₹) | Face value (₹) |
|---|---|---|---|
| Manas Polymers & Energies Ltd. | - | - | 10.00 |
| Mitsu Chem Plast Ltd | 19.48 | 105 | 10.00 |
| Technopack Polymers Ltd | 7.72 | 21 | 10.00 |
Peer Comparision (Financial Performance)
| Company | NAV/Share (₹) | RoNW (%) | EPS (Basic) (₹) |
|---|---|---|---|
| Manas Polymers & Energies Ltd. | 21.00 | 53.10 | 8.81 |
| Mitsu Chem Plast Ltd | 71.43 | 8.22 | 5.39 |
| Technopack Polymers Ltd | 18.46 | 9 | 2.72 |
About Company
Incorporated in January 2024, Manas Polymers and Energies is engaged in the manufacturing of premium food-grade PET preforms, bottles, jars, and caps.
Diversified Business
Apart from packaging solutions, the company is also involved in renewable power generation and distribution as an Independent Power Producer (IPP).
Industries Served
The company caters to multiple industries, including:
- Automotive
- Construction
- Packaging
- Agriculture
- Energy
Focus on Sustainability & Innovation
Manas Polymers and Energies consistently invests in research and development to design sustainable products, aligning with modern industry needs while minimizing environmental impact.
Certifications
The company holds the following ISO certifications:
- ISO 9001:2015 – Quality Management Systems
- ISO 14001:2025 – Environmental Management
- ISO 3100:2018 – Risk Management
Strength
Strong Supplier Relationships: The company has long-term ties with reputable vendors, ensuring timely and quality raw material supply, better inventory control, and consistent product delivery.
Commitment to Quality: With strict quality and safety procedures, an experienced Quality Division, and advanced testing infrastructure, the company ensures all products meet regulatory and customer standards.
Established Client Base: Strong relationships with major clients provide repeat business, high customer retention, and a competitive edge in expanding the client network.
Weakness
Dependence on Key Suppliers: Reliance on a few suppliers for raw materials exposes the company to supply disruptions or price fluctuations, which could adversely affect operations and financials.
Reliance on Major Customers: A significant portion of revenue comes from a few key customers without formal agreements; losing any of them could materially impact business, cash flows, and results.
Regulatory Compliance Risks: Past lapses in statutory filings and discrepancies in corporate records may pose legal or compliance risks affecting operations and financial condition.
Manas Polymers & Energies Lead Manager(s)
Manas Polymers & Energies Address
Plot No. 3, Baraghata
Industrial Area, Jhansi Road,
Lashkar, Gird,
Gwalior, Madhya Pradesh, 474001
Phone: +91 751 299 1115
Email: cs@manaspolymers.com
Website: http://www.manaspolymers.com
Manas Polymers & Energies Registrar
Manas Polymers & Energies Reviewers
| Reviewer | Recommendation | File |
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