Manas Polymers and Energies Limited to Launch IPO on September 26, 2025
(source : ANI) ( Photo Credit : ani)
Manas Polymers and Energies Limited, a key player in PET products manufacturing and renewable energy, just announced its initial public offering (IPO). The company operates across 16 states in India and aims to boost its growth in these promising sectors. The IPO kicks off on September 26, 2025, and wraps up on September 30, 2025, giving investors a chance to join this expanding business.
This IPO marks a big step for Manas Polymers, confirming the strength of its model and setting the stage for bold expansions in polymer products and clean energy solutions like solar power. At the upper price band, the issue totals ₹23.52 crore. Shares will price between ₹76 and ₹81 each, with a face value of ₹10 per share. You’ll need to buy in lots of 1,600 shares.
The fresh issue includes up to 29.04 lakh equity shares, plus 1.47 lakh shares reserved for market makers. After that, the net issue stands at up to 27.57 lakh shares. Investors get portions set aside: up to 2.78 lakh shares for qualified institutional buyers (QIBs), 6.86 lakh for non-institutional investors (NIIs), and a larger 17.92 lakh for retail folks.
The money raised will fund key projects. Manas plans to spend ₹1,350 lakh on a new solar power plant and ₹297.40 lakh on fixed assets to support operations. These moves will help ramp up their solar capacity from 1 MW to 5 MW, strengthening their spot in the renewable energy market.
The timeline looks straightforward: The IPO opens Friday, September 26, 2025, and closes Tuesday, September 30, 2025. Shares should list on the stock exchange by Monday, October 6, 2025.
Vineet Bhadauria, the managing director of Manas Polymers and Energies Limited, shared his excitement: “We’re at a turning point, and going public is a huge milestone. This IPO will speed up our growth, especially in solar power. It fuels our plans and cements our lead in polymers and renewables. We’re thrilled to have investors join our story.”
Shobhit R. Agarwal, a director at Expert Global Consultants Private Limited—the book running lead manager—added: “We’re excited to partner with Manas on this IPO. They tap into booming demand for polymer products and energy tech. With solid leaders, a scalable setup, and clear plans, they’re ready to seize opportunities. This strengthens their finances and gives investors a shot at real growth.”
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