Manas Polymers & Energies Ltd
Pre Issue Shares
48,72,000
No. of Shares Issued
29,04,000
Pre Issue Equity Amt.
₹4.87 Cr
DP Filling Date
24 October 2024
Manas Polymers & Energies Ltd IPO Timeline
Manas Polymers and Energies Limited was incorporated as a public limited company vide Certificate of Incorporation dated January 19, 2024, issued by Registrar of Companies, Central Registration Centre. The Company has rapidly established itself as a key player in the plastics (PET) and solar energy industries. With a manufacturing facility utilizing fully automated injection molding technology, it operate at a capacity of 4,000 MT per year. The Company is primarily engaged in the business of manufacturing and supply of premium food-grade PET preforms and PET bottles, jars and closure caps. It is also engaged in the renewable power generation and distribution as an independent power producer (IPP).
Manas Polymers & Energies Ltd IPO Details
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| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Vineet Bhadauria, Anuj Bhadauria |
Company Financials
Manas Polymers & Energies Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 21.08 | 5.03 | 0.79 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding of capital expenditure requirements towards setting up of Solar Power Plant
- Funding of capital expenditure requirements towards purchase of fixed assets
- General corporate purposes
Manas Polymers & Energies Ltd IPO Prospectus
Manas Polymers & Energies Ltd IPO Listing Date
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| NSE Symbol | - |
| Listing In | - |
| Face Value | ₹10 |
Company Contact Information
Plot #.3 Baaraghata IndustrialArea Jhansi Road Lashkar Grid,Gwalior-474001
Phone: +91 79875 48006
Email: cs@manaspolymers.com
Website: www.manaspolymers.com
Manas Polymers & Energies Ltd IPO Registrar
Manas Polymers & Energies Ltd IPO Lead Manager(s)
- Expert Global Consultants Pvt Ltd