The Manas Polymers IPO was subscribed overall 1.24 times on the last day, while the retail quota was subscribed 0.19 times. NII was subscribed 1.78 times, and QIB was subscribed 6.66 times.
Manas Polymers IPO Details
Manas Polymers has received approval from SEBI for its IPO of ₹23.52 crores, comprising a fresh issue of ₹23.52 crores with a face value of ₹10 each. It has a set price band of ₹76 to ₹81 per share.
Manas Polymers Funds Utilisations
- The proceeds raised from the fresh issue will be used towards setting up of Solar Power Plant.
- Some funds will be utilized for the requirements towards the purchase of Fixed Assets.
- Some IPO money will be used for the general corporate purposes.
Manas Polymers Shares Distributions
Moreover, the retail category had 3200 shares in a 2-lot size with a minimum application and a maximum category.
S-HNI Minimum got 4800 shares in 3 lot sizes for the minimum category.
S-HNI Maximum got 11,200 shares in 7 lot sizes for the minimum category.
S-HNI got 12,800 shares in 8 lot sizes for the minimum category.
To participate in this IPO, each investor group has a tailored investment range
- Retail Minimum Application:- ₹2,59,200.
- Retail Maximum Application:-₹2,59,200.
- S-Hni (Minimum) Application:- ₹3,88,800.
- S-HNI (Maximum) Application:- ₹9,07,200
- B-HNI Minimum Application:- ₹10,36,800
Manas Polymers Subscription Duration
IPO Started on September 26, 2025, and closed on September 30, 2025. The allotment was on October 1, 2025, and non-allottees got a refund on October 3, 2025. Manas Polymers IPO listing is today, October 6, 2025.
About the Manas Polymers IPO
Manas Polymers was founded in 2024, and it has started a business of manufacturing and supplying premium food-grade PET preforms and PET bottles, jars, and closure caps.
The company’s main reason for growth is its skilled and experienced promoters. Moreover, they have built a strong relationship with the consumers, and they also buy raw materials like low-density polyethylene, high-density polyethylene, and low-density polyethylene in bulk from reputable vendors in order to manufacture their products. Furthermore, they are also engaged in the renewable power generation and distribution as an independent power producer (IPP).
Manas Polymers IPO Company Financial Report
The company reported revenue of ₹33.06 crores in 2025 against ₹5.03 crores in 2024. The company reported a profit of ₹4.29 crores in 2025 against a profit of ₹0.79 crores in 2024.
