Manas Polymers and Energies Makes Strong Debut, Lists 80.5% Above Issue Price

Gwalior, Oct 6, 2025: Shares of Manas Polymers and Energies Limited made a stellar debut on the NSE Emerge today, on October 6. The shares of the company were listed at ₹153.90 per share, which is an 80.5% premium over the issue price of ₹81. The stock opened at ₹153.90, and until now has traded between ₹153.90 and ₹146.20. As of 1:20 PM, they were up by 65.20 points and were trading at ₹146.20. The traded volume stood at 7.12 lakh shares, with the company’s market cap at ₹113.72 crore. Expert Global Consultants Private Limited was the Book Running Lead Manager, while Purva Sharegistry (India) Private Limited acted as the Registrar to the Issue.

Manas Polymers and Energies Limited IPO is an Indian company that is engaged in the manufacturing of polymer products and renewable energy generation. The company was established in 2024 and is headquartered in Gwalior, Madhya Pradesh.

Manas Polymers and Energies Limited IPO Overall Subscription At 1.23 Times

The company’s ₹23 crore IPO, which opened between September 26 and September 30, 2025, was subscribed 1.23 times overall. The Qualified Institutional Buyers (QIBs) portion led the subscription with 6.66 times, followed by 2 times in the Non-Institutional Investor (NII) category, and the retail investor category at 0.19 times.

Manas Polymers and Energies Limited IPO Book Build Issue of ₹23.52 Crore

The IPO had an issue size of ₹23.52 crore, comprising a fully fresh issue of 0.29 crore shares with no offer-for-sale component. It opened on 26 September and concluded on 30 September, with the issue price fixed at ₹81 per share. Each application lot consisted of 1,600 shares, meaning retail investors were required to invest a minimum of ₹2,59,200 (equivalent to 3,200 shares at the upper price band). High Net-worth Individuals (HNIs) had a minimum subscription of 3 lots (4,800 shares), amounting to ₹3,88,800.

REF: https://www.nseindia.com/get-quotes/equity?symbol=MPEL

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