Manas Polymers and Energies Limited is engaged in the manufacturing of premium food-grade PET preforms, bottles, jars, and closure caps, serving the PET packaging industry. The company also operates in the renewable energy space as an Independent Power Producer (IPP), focusing on power generation and distribution.
Its diverse portfolio caters to industries such as packaging, automotive, construction, agriculture, and energy, providing reliable and sustainable solutions. The company emphasizes research and development, aiming to create eco-friendly, innovative products that align with modern industrial needs while reducing environmental impact.
Manas Polymers and Energies holds multiple ISO certifications including:
- ISO 9001:2015 – Quality Management Systems
- ISO 14001:2025 – Environmental Management
- ISO 31000:2018 – Risk Management
As of June 30, 2024, the company employed 27 people, contributing to its manufacturing, operations, and growth.
Manas Polymers IPO – Details
| IPO Opening Date | 26 September 2025 |
| IPO Closing Date | 30 September 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 29,04,000 Shares Worth ₹23.52 Crore Fresh Issue: 29,04,000 Shares Worth ₹23.52 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹76 to ₹81 per share |
| Market Lot | 1,600 Shares |
| Min Order | 1,600 Shares [ 1 Lot ] |
| Listing At | NSE SME |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. |
| QIB Shares Offered | 10.10% |
| NII Shares Offered | 24.90% |
| Retail Shares Offered | 65% |
Manas Polymers IPO – Date Schedule
| IPO Open Date | 26 September 2025 |
| IPO Close Date | 30 September 2025 |
| Basis of Allotment | 01 Ocotber 2025 |
| Initiation of Refund | 03 Ocotber 2025 |
| Credit of Shares to Demat | 03 Ocotber 2025 |
| IPO Listing Date | 06 Ocotber 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 30, 2025 |
Manas Polymers IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,59,200 |
| Retail (Max) | 2 | 3,200 | ₹2,59,200 |
| S-HNI (Min) | 3 | 4,800 | ₹3,88,800 |
| S-HNI (Max) | 7 | 11,200 | ₹9,07,200 |
| B-HNI (Min) | 8 | 12,800 | ₹10,36,800 |
Competitive Strengths
- Business relies on client orders and efficient use of in-house processing facilities to achieve economies of scale.
- Experienced management Team.
- Existing relationship with suppliers.
- Consistency in quality.
- Smooth flow of operations.
Company Promoters
- Vineet Bhadauria
- Anju Bhadauria
Company Financials (Standalone)
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹20.36 Cr | ₹17.85 Cr | ₹0.79 Cr | ₹9.19 Cr |
| 31 March 2024 | ₹20.09 Cr | ₹16.19 Cr | ₹1.70 Cr | ₹11.88 Cr |
| 31 March 2025 | ₹33.06 Cr | ₹25.78 Cr | ₹4.29 Cr | ₹10.71 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROCE | 22.82% |
| Debt/Equity | 1.05 |
| RoNW | 53.10% |
| PAT Margin | 12.99% |
| EBITDA Margin | 18.27% |
| Price to Book Value | 6.72 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 8.81 | |
| P/E (x) | 9.19 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding of capital expenditure requirements towards setting up of Solar Power Plant. | ₹13.50 Cr |
| Funding of capital expenditure requirements towards purchase of Fixed Assets. | ₹2.97 Cr |
| General Corporate Purposes | – |
✅Strengths
- Diversified in PET packaging & renewable energy.
- Wide industry reach across multiple sectors.
- ISO-certified with focus on sustainability.
- Experienced management & strong client base.
⚠️Risks
- Dependence on key customers.
- Debt obligations.
- Raw material & tariff fluctuations.
- Regulatory challenges.
- Small workforce reliance.
Manas Polymers IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | – |
Manas Polymers IPO Prospectus
Company Contact Information
| Manas Polymers & Energies Ltd. 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/ |
Manas Polymers IPO Registrar
| Purva Sharegistry (India) Pvt.Ltd. Phone: +91-022-23018261/ 23016761 Email: newissue@purvashare.com Website: https://www.purvashare.com/investor-service/ipo-query |
Manas Polymers IPO Lead Manager(s)
| 1. Expert Global Consultants Pvt.Ltd. |
Manas Polymers IPO FAQ
| What is Manas Polymers IPO? Manas Polymers IPO is an SME IPO. The issue is priced at ₹76 – ₹81 per equity share. The IPO is to be listed on NSE SME. |
| When Manas Polymers IPO will open? The IPO is to open on 26 September 2025 for QIB, NII, and Retail Investors. |
| What is Manas Polymers IPO Investors Portion? The investors’ portion for QIB – 10.10%, NII – 24.90%, and Retail – 65%. |
| What is the Manas Polymers IPO Size? Manas Polymers IPO size is ₹23.52 Crore. |
| What is Manas Polymers IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 3200 Shares with ₹2,59,200 amount, while the maximum bid is 3200 Shares with ₹2,59,200. |
| What is the Manas Polymers IPO Allotment Date? Manas Polymers IPO allotment date is 01 October 2025. |
| What is the Manas Polymers IPO Listing Date? Manas Polymers IPO listing date is 06 October 2025. The IPO is to be listed on the BSE SME. |
