Issue Price
₹81
Per Share
GMP
NIL
Grey Market
Est. Listing
₹81
Expected Price
Min. Application
₹259,200
2 lots × 1600 shares
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.
Manas Polymers & Energies Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 147,200 | — | ₹1.19 Cr | — |
| TOTAL | 2,904,000 | 100.00% | ₹23.52 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹129,600 |
| Retail (Max) | 13 | 20,800 | ₹1,684,800 |
| sNII (Min) | 14 | 22,400 | ₹1,814,400 |
| bNII (Min) | 68 | 108,800 | ₹8,812,800 |
| Particulars | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 8.69 | 5.03 | 20.36 |
| EBITDA | 5.76 | 3.58 | 2.51 |
| Profit After Tax (PAT) | 1.18 | 0.79 | 0.79 |
| Net Worth | 10.23 | 5.92 | 3.42 |
| Total Assets | 22.14 | 21.08 | 14.72 |
| Reserves & Surplus | 2.18 | 1.00 | 2.00 |
| Total Borrowings | 10.71 | 21.71 | 9.19 |