Manas Polymers & Energies Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 278,400 (10%) | — | ₹23 Cr |
| NII (HNI) | — | 686,400 (24%) | — | ₹556 Cr |
| Retail | — | 1,792,000 (62%) | — | ₹1,452 Cr |
| Market Maker | — | 147,200 (5%) | — | ₹12 Cr |
| Σ Total | — | 2,904,000 (100%) | — | ₹23,522 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹129,600 |
| Retail (Max) | 13 | 20,800 | ₹1,684,800 |
| S-HNI (Min) | 14 | 22,400 | ₹1,814,400 |
| B-HNI (Min) | 67 | 107,200 | ₹8,683,200 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 9 | 5 | 20 |
| EBITDA | 6 | 4 | 3 |
| Profit After Tax | 1 | 1 | 1 |
| Net Worth | 10 | 6 | 3 |
| Total Assets | 22 | 21 | 15 |
| Reserves & Surplus | 2 | 1 | 2 |
| Total Borrowing | 11 | 22 | 9 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding of capital expenditure requirements towards setting up of Solar Power Plant – 20.2
- Funding of capital expenditure requirements towards purchase of Fixed Assets – 2.51
- General corporate purposes –
Company Overview
Incorporated in January 2024, Manas Polymers and Energies manufactures premium food-grade PET preforms, bottles, jars, and caps.
The company also engaged in the renewable power generation and distribution as an independent power producer (IPP).
Manas Polymers and Energies serves various industries, including automotive, construction, packaging, agriculture, and energy.
The company continually invests in research and development to create sustainable products that meet the evolving demands of modern industries while minimizing environmental impact.
The company has received ISO certificates for: 1. ISO 9001: 2015 - Quality Management Systems 2. ISO 14001: 2025- Environmental Management 3. ISO 3100: 2018- Risk Management.
As of June 30, 2024, the company has 27 employees.
Competitive Strength:
- Business relies on client orders and efficient use of in-house processing facilities to achieve economies of scale.
- Experienced management Team.
- Existing relationship with suppliers.
- Consistency in quality.
- Smooth flow of operations.