Manas Polymers and Energies Limited to Launch IPO on September 26, 2025

Issue Details

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• Issue Size: ₹23.52 Cr at the upper band
• Issue Price: ₹76.00 – ₹81.00 Per Share 
• Face Value: ₹10.00/- Per share
• Lot Size: 1,600 Shares 
• Fresh Issue: Up to 29,04,000 Equity Shares 
• Market Maker: 1,47,200 Equity Shares 
• Net Issue Size: Up to 27,56,800 Equity Shares 

Reservation of Shares

• QIB (Qualified Institutional Buyers): Up to 2,78,400 Equity Shares 
• NII (Non-Institutional Investors): Up to 6,86,400 Equity Shares 
• Retail: Up to 17,92,000 Equity Shares 

Objects of the Issue

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• Funding of Capital Expenditures: ₹1,350.00 Lakhs for setting up a Solar Power Plant 
• Funding of Capital Expenditures: ₹297.40 Lakhs for the purchase of Fixed Assets 

IPO Timeline

• Issue Opens: Friday, September 26, 2025 
• Issue Closes: Tuesday, September 30, 2025 
• Listing Date: Monday, October 06, 2025

Management Commentary:

Mr. Vineet Bhadauria, Managing Director of Manas Polymers and Energies Limited, said:

“We are at a pivotal point in our journey, and the decision to go public marks a significant milestone for Manas Polymers and Energies Limited. This IPO will enable us to accelerate our strategic growth plans, particularly in expanding our solar power capacity from 1 MW to 5 MW. The capital raised will not only fuel our expansion but also strengthen our position as a leading player in both the polymers and renewable energy sectors. We are confident in our business model and are excited to invite investors to be a part of our future growth story.”

Mr. Shobhit R. Agarwal, Director of Expert Global Consultants Private Limited, the Book Running Lead Manager to the Issue, added:

“We are proud to be associated with Manas Polymers and Energies Limited for its IPO. The company operates in a high-potential sector where demand for advanced polymer products and energy solutions is set to grow exponentially. With a strong leadership team, a scalable business model, and a clear growth roadmap, Manas Polymers is well-positioned to capitalize on this opportunity. The IPO not only strengthens the company’s balance sheet but also offers investors a compelling opportunity to participate in its next phase of expansion and value creation.”

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