
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
Overall Subscription
1.29x
Total Demand
QIB Multiplier
6.66x
Institutions & Funds
NII / HNI
1.99x
High Net-Worth
Retail (RII)
0.19x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 278,400 | 1,854,400 | 6.66x |
| NIB | 686,400 | 1,368,000 | 1.99x |
| HNIs(10L +) | 456,000 | 1,241,600 | 2.72x |
| HNIs (2-10L) | 230,400 | 126,400 | 0.55x |
| RETAIL | 1,792,000 | 342,400 | 0.19x |
| Total | 3,443,200 | 4,932,800 | 1.29x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 560 | 107 | 0.19x |
| HNIs(10L +) | 95 | 5 | 0.05x |
| HNIs (2-10L) | 48 | 22 | 0.46x |
| Total Applications | 703 | 134 | 0.19x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Manas Polymers & Energies Limited IPO is ₹3 per equity share. Based on the upper price band of ₹76 to ₹81 per equity share, the estimated listing price is ₹84 (+3.7% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹3, the expected profit per application lot is approx ₹4,800 (+3.7% gain). Minimum application cost is approx ₹1,29,600.
The Manas Polymers & Energies Limited IPO aggregate issue size is ₹23.52 Crores with an equity price band set at ₹76 to ₹81 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,29,600.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.29x (Retail: 0.19x, QIB: 6.66x, NII: 1.99x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Purva Sharegistry (India) Private Limited) and the BSE status verification website on or around 2025-10-01. Investors can verify status using PAN card or application number.
Manas Polymers & Energies Limited shares are scheduled to list on NSE on 2025-10-06.