Manas Polymers & Energies Ltd IPO
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Manas Polymers & Energies Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 29.04 L | TBA | TBA | ₹ 48.7 L | DBC | ₹ 23.52 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 26 Sep, 25 | 30 Sep, 25 | 1600 | ₹ 1,21,600 | Book Building - SME | 06 Oct, 25 |
Manas Polymers & Energies Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Plastics Products |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 0x | 0 | 0 |
| Retail | 0x | 0 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 2904000 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Manas Polymers & Energies Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 0.90 | TBA | TBA |
| EBITDA | 1.00 | TBA | TBA |
| PAT | 0.79 | TBA | TBA |
| Total Assets | 13.37 | TBA | TBA |
| Share Capital | 4.87 | TBA | TBA |
| Total Borrowings | 11.24 | TBA | TBA |
| Operating Activities (Net Cash) | 0.89 | TBA | TBA |
| Investing Activities (Net Cash) | 3.30 | TBA | TBA |
| Financing Activities (Net Cash) | 11.24 | TBA | TBA |
| Net Cashflow | 1.33 | TBA | TBA |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Manas Polymers & Energies Ltd
Our Company was incorporated as a public limited company in the name and style of `Manas Polymers and Energies Limited' under the provisions of the Companies Act, 2013 vide certificate of incorporation dated January 19, 2024, bearing Corporate Identity Number U22203MP2024PLC069462 issued by Registrar of Companies, Central Registration Centre. Later, on January 25, 2024, our Company took over the business of proprietorship concern of our erstwhile Promoter i.e. Late.Anju Bhadauria, namely Manas Polymers and Manas Power and Infrastructure as per the business transfer agreement dated January 25, 2024 along with certain assets and liabilities of the proprietorship concerns as going concern in terms of the business transfer agreement.
Since PET's inception in 1957, India's plastics industry has evolved remarkably, marked by the introduction of various polymers like polystyrene, LDPE, PVC, and polypropylene. Today, it encompasses around 50,000 units, contributing approximately Rs. 3.5 lakh crore (USD 42.89 billion) to the economy. The sector's growth is driven by advancements in petrochemicals and processing technologies, facilitating diverse applications across industries such as packaging, agriculture, and healthcare. Notably, the industry is witnessing a shift towards sustainable practices, with increased recycling rates and the incorporation of bioplastics. With a robust export potential, India's plastics industry is wellpositioned for significant expansion in the coming years.
Our Company has rapidly established itself as a player in the plastics (PET) and solar energy industries. Specializing in manufacturing premium food-grade PET preforms, bottles and closure caps. Our Company is committed to quality and consumer satisfaction. With a manufacturing facility utilizing fully automated injection molding technology, we operate at a capacity of 4,000 MT per year, positioning ourselves for growth as we aim to become the market leader in the PET segment. Our dedication to high standards and innovative solutions supports the Indian food and beverage industry while advancing renewable energy initiatives.
Peer Comparison:
- Manas Polymers and Energies Limited
- Mitsu Chem Plast Limited
- Technopack Polymers Limited
Manas Polymers & Energies Ltd IPO Key Points
Strengths
- Scalable business model.
- Experienced management Team.
- Existing relationship with suppliers.
- Consistency in quality.
- Smooth flow of operations.
Risk
- A significant portion of our revenue is derived from the sale of PET preforms and remaining from PET bottles, jars and HDPE containers. Any decline in the sales of our finished key product and could have an adverse effect on our business, results of operations and financial condition.
- We are dependent on our power purchase and wheeling agreement for solar energy-based plants under REC mechanism (PPA) dated June 05, 2015 to sell power and generate our revenue from operations. Termination or change in the terms of the PPA could adversely affect our business, results of operations and financial condition.
- Our business is subject to seasonal volatility due to packaged mineral water and soft drinks sales in summer and winter seasons.
Strategy
- Expanding the Renewable Energy Model.
- Expansion of Product Range and Market Footprint.
- Optimal Resource Utilization.
- Continue to recruit, retain and train qualified personnel.
- Scalable business model.
- Experienced management Team.
- Existing relationship with suppliers.
- Consistency in quality.
- Smooth flow of operations.
How To Apply for Manas Polymers & Energies Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
