
Materials · NSE
Manas Polymers and Energies, incorporated in January 2024, manufactures high-quality food-grade PET preforms, bottles, jars, and caps, while also operating as an independent power producer in renewable energy generation and distribution. Serving industries such as automotive, construction, packaging, agriculture, and energy, the company focuses on sustainable solutions through continuous research and development. It is certified with ISO 9001:2015 for quality management, ISO 14001:2025 for environmental management, and ISO 3100:2018 for risk management. As of June 30, 2024, the company employs 27 people.
Price Band
₹76 – ₹81
Issue Size
₹23.52 Cr
Lot Size
1600 shares
GMP
+3.7%
Est. Listing
₹84
at current GMP
Subscribed
1.29x
overall
Open
26 Sep 2025
Close
30 Sep 2025
Allotment
1 Oct 2025
Refund
2 Oct 2025
Demat Credit
3 Oct 2025
Listing
6 Oct 2025
Designated Registrar: Purva Sharegistry (India) Private Limited
Allotment Date
1 Oct 2025
Basis finalization
Refunds Initiate
2 Oct 2025
Mandate release
Demat Credit
3 Oct 2025
Shares in demat
Listing Debut
6 Oct 2025
Trading begins
Manas Polymers & Energies Limited is bringing an initial public offering (IPO) in the Materials sector with an aggregate issue size of ₹23.52 Crores. The shares are offered at a price band of ₹76 to ₹81 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-09-30, the basis of allotment is scheduled to be finalized on 2025-10-01. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Purva Sharegistry (India) Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.