To apply for the Manas Polymers & Energies IPO, investors need to log in to their trading account through their broker’s platform and access the IPO section. After selecting “Manas Polymers & Energies IPO,” applicants can enter the desired number of lots, with the minimum bid size set at 1,600 shares and the price range between ₹76 and ₹81 per share. Investors must then provide their UPI ID for payment authorisation and ensure sufficient funds are available in the linked bank account. Once the details are reviewed and submitted, the UPI mandate has to be approved before the cut-off time on September 30, 2025, for the application to be considered valid.
For complete details on this public offering, visit the Manas Polymers & Energies IPO page on our website.
Manas Polymers & Energies IPO Application Process
The Manas Polymers & Energies IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Step 1: Login to Your Trading Platform
Access your trading account using the broker's app or website.
Step 2: Navigate to the IPO Section
Go to the IPO section to view active IPO listings.
Step 3: Select the Open IPO and Click Apply
Locate Manas Polymers & Energies IPO in the list of available IPOs and click the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of shares (minimum lot size: 1600 shares) within the price band of ₹76 to ₹81 per share.
Step 5: Provide Your UPI ID
Enter your UPI ID for payment authorization and ensure sufficient funds in your bank account.
Step 6: Confirm the Application
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Step 7: Complete the Process and Wait for Allotment
Submit the application and monitor the allotment status to check if shares have been allocated to you.
Additional Read: Manas Polymers & Energies IPO Investment Guide: Objectives & Opportunities
About Manas Polymers & Energies IPO: Overview and Key Facts
Incorporated in January 2024, Manas Polymers and Energies operates in two primary segments – polymer manufacturing and renewable power generation. The company produces food-grade PET preforms, bottles, jars, and caps that are used across industries such as packaging, automotive, construction, agriculture, and energy. In the renewable energy segment, it functions as an independent power producer (IPP), contributing to the generation and distribution of clean energy. The company also invests in research and development to maintain products that meet industry requirements while addressing environmental considerations.
The IPO is being conducted to raise funds for specific purposes, including capital expenditure for setting up a solar power plant, purchase of fixed assets, and general corporate requirements. The issue comprises 29,04,000 shares, aggregating up to ₹23.52 crore, with a price band of ₹76 to ₹81 per share. The IPO is scheduled to open on September 26, 2025, and close on September 30, 2025, with listing planned on the SME platform of NSE.
The company has obtained ISO certifications for quality, environmental management, and risk management, reflecting its structured approach to operations. Its workforce, as of June 30, 2024, consisted of 27 employees supporting the dual business lines. Key strengths include reliance on client orders, use of in-house processing facilities, established supplier relationships, and streamlined operations. These factors collectively provide a framework for its operations and offer investors an overview of the company’s position at the time of the IPO.
To check your application status, visit the Manas Polymers & Energies IPO Allotment Status page on Bajaj Broking’s website.