Manas Polymers & Energies Ltd IPO

LISTED
SME

NSE • Lot Size: 1600 • Plastic products

Issue81
Listed86.99+7%
Now82.8+2.2%
2.2%

*Last updated on 11 Jan 2026

Price Band

₹76 - ₹81

Lot Size

1600

Issue Size

₹23.52 Cr

GMP

N/A

Subscription

1.24x

Analyzing...

IPO Schedule

1

Open

26 Sept 2025

2

Close

30 Sept 2025

3

Allotment

1 Oct 2025

4

Listing

6 Oct 2025

About Manas Polymers & Energies Ltd

Manas Polymers & Energies Ltd is an SME engaged in manufacturing and trading of polymers and energy products. The company focuses on providing solutions for various industrial applications, leveraging its expertise in polymer chemistry and energy technologies.

Key Strengths

  • High Return on Equity (ROE) of 53.10% indicates strong profitability and efficient utilization of shareholder funds.
  • Attractive Price to Earnings (P/E) ratio of 9.19 suggests the issue is reasonably priced compared to its earnings.
  • Established presence in the polymer and energy sector, providing a diversified revenue stream.
  • Experience management team with in-depth knowledge of the industry.
  • SME listing provides access to capital markets for growth and expansion.

Risk Factors

  • SME IPOs are generally more volatile and carry higher risk compared to mainboard IPOs.
  • The company's reliance on specific raw materials and suppliers could be susceptible to price fluctuations and supply chain disruptions.
  • Competition from larger and more established players in the polymer and energy sectors.

Valuation Analysis

The IPO appears reasonably valued considering the high ROE and relatively low P/E ratio, but investors should carefully consider the risks associated with SME IPOs and conduct thorough due diligence before investing.

IPO Details

ExchangeNSE
SegmentSME
ISININE0U4H01011
NSE SymbolMPEL
Face Value10
Lot Size1600
Issue Size₹23.52 Cr

Key Metrics

ROE17.5
ROCE21.3
P/E Ratio24.5
Industry P/E20
EPS8.81
PAT Margin12.99%
Debt/Equity0.55

Growth & Quality

Revenue Growth (YoY)45.2%
ProfitableYes ✓
Anchor Investors8

Subscription

Total0.02x
Imbalance Ratio6.8x

Documents

Registrar

PURVA

Key Dates

Open Date26 Sept 2025
Close Date30 Sept 2025
Allotment1 Oct 2025
Listing6 Oct 2025