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Manas Polymers and Energies Ltd. IPO Closes Day Three With 1.24x Subscriptions; FII-Ex Anchor Leads
Mumbai (Maharashtra) [India], October 1: Manas Polymers and Energies Limited priced its IPO in the ₹76-₹81 per share range and, by 5:10 PM on the final day, drew steady investor interest. The ₹23.52 crore issue accumulated 1.24x subscriptions, up from day two’s 0.05x, with total applications numbering 140. The cumulative bid amount stood at ₹27.68 [...]
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“Manas Polymers and Energies Ltd. IPO Closes Day Three With 1.24x Subscriptions; FII-Ex Anchor Leads”
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1 Oct 2025
Mumbai (Maharashtra) [India], October 1:Manas Polymers and Energies Limited priced its IPO in the ₹76-₹81 per share range and, by 5:10 PM on the final day, drew steady investor interest. The ₹23.52 crore issue accumulated 1.24x subscriptions, up from day two’s 0.05x, with total applications numbering 140. The cumulative bid amount stood at ₹27.68 crore, surpassing the offer size.
On Day Three, institutional demand excluding anchors led the pack, with qualified institutional buyers at 6.66x, improving from Day Two’s 0.00x. Non-institutional investors showed moderate interest at 1.78x, rising from day two’s 0.03x, while individual investors contributed 0.19x, up from day two’s 0.06x.
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