The Manas Polymers IPO will open on September 26, 2025, and close on September 30, 2025. The Manas Polymers IPO is a book-built issue. The company will raise approximately ₹23.52 crore through the IPO, consisting of fresh shares worth ₹23.52 crore and equity shares with a face value of ₹10.
The price band for the Manas Polymers IPO is ₹76 to ₹81 per share. The retail share is 35%, QIBs 50%, and HNIs 15%. The Manas Polymers IPO will be listed on the NSE on October 6, 2025. The Manas Polymers IPO allotment will take place on October 1, 2025.
The company reported revenue of ₹5.03 crore in 2024. The company reported a profit of ₹0.79 crore in 2024. As per the financial data, IPO investors should invest in IPO GMP for the long term.
Manas Polymers IPO Details
| IPO Open Date | September 26, 2025 |
| IPO Close Date | September 30, 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 | NSE SME |
| DRHP Draft Prospectus | . |
| RHP Draft Prospectus | . |
Manas Polymers IPO Market Lot
The Manas Polymers IPO minimum market lot is 3,200 shares with ₹2,59,200 application amount.
| 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 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Manas Polymers IPO Anchor Investors
| Anchor Bidding Date | September 25, 2025 |
| Anchor Investors List | . |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | October 31, 2025 |
| lock-in period end date 50% shares (90 Days) | December 30, 2025 |
Manas Polymers IPO Dates
The Manas Polymers IPO date is September 26 and the close date is September 30. The Manas Polymers IPO allotment will be finalized on October 1 and the IPO listing on October 6.
| IPO Open Date: | September 26, 2025 |
| IPO Close Date: | September 30, 2025 |
| Basis of Allotment: | October 1, 2025 |
| Refunds: | 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 PM |
Promoters and Holding Pattern
The promoters of the company are 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 | – |
About Manas Polymers IPO
To be updated soon
Manas Polymers IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ₹5.03 | ₹3.87 | ₹0.79 | ₹21.08 |
| June 2024 | ₹8.69 | ₹6.80 | ₹1.18 | ₹22.14 |
Manas Polymers IPO Valuation – FY2024
Check Manas Polymers IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 33.37% |
| ROCE: | 27.96% |
| EBITDA Margin: | 18.09% |
| PAT Margin: | 9.92% |
| Debt to equity ratio: | 2.02 |
| Earning Per Share (EPS): | ₹1.69 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 33.37% |
| Net Asset Value (NAV): | ₹12.06 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Mitsu Chem Plast Limited | 7.10 | 19.04 | 12.50% | 58.45 | 311.25 Cr. |
| Technopack Polymers Limited | 2.07 | 26.59 | 6.39% | 33.73 | 12.76 Cr. |
IPO Lead Managers aka Merchant Bankers
- Expert Global Consultants Pvt. Ltd.
Company Address
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/
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