Manas Polymers and Energies' SME IPO was offered at 81 rupees per share and reached 153.90 rupees upon its listing on October 6. This resulted in a profit of approximately 90% for investors on the very first day. The company manufactures food-grade packaging products and will invest the amount raised from the IPO in a solar plant and new fixed assets.
Manas Polymers and Energies IPO Listings: Shares of Manas Polymers and Energies made a spectacular debut on the NSE Emerge platform on October 6, 2025. The IPO price was 81 rupees, while the shares opened at 153.90 rupees upon listing, providing investors with a profit of about 90%. The company manufactures food-grade PET preforms, bottles, jars, and caps in the food and beverage packaging sector. The amount raised from the IPO will be used for setting up a solar power plant, acquiring new fixed assets, and for general corporate purposes.
IPO Listing Shattered Estimates
Manas Polymers and Energies' listing significantly surpassed grey market estimates. According to Investorgain data, the company's shares were trading at a premium of only four percent in the grey market before listing. However, this figure increased substantially upon actual listing. This clearly showed that investors placed their trust in the company's shares.
IPO Highlights
Manas Polymers and Energies launched its Small and Medium Enterprises IPO to raise approximately 23.5 crore rupees. This IPO consisted entirely of fresh shares, with over 29 lakh shares offered for sale. The company had set the price band for its shares at 76 to 81 rupees per share.
Investors could bid for a minimum lot of 1,600 shares. Based on the upper price band, an investment of 1,29,600 rupees was required for this. The IPO was open from September 26 to September 30 and was fully subscribed. The highest bids were received in the Qualified Institutional Buyers' (QIB) quota.
About the Company
Manas Polymers and Energies is a rapidly emerging company in the food and beverage packaging sector. It is known for its high-quality packaging products. The company is active in the business of manufacturing food-grade PET preforms, bottles, jars, and caps.
The company stated that the amount raised from the IPO would be used for setting up a solar power plant and acquiring new fixed assets. Additionally, a portion will be utilized for general corporate purposes.
Significant Gains for Investors from Listing
The gains received by investors upon IPO listing were quite attractive. Against the IPO price of 81 rupees per share, the shares opened at 153.90 rupees. This resulted in a profit of approximately 90 percent for investors on the very first day. Thus, investors' happiness doubled on the first day itself.
Experts state that this listing is being seen as a major success on the SME platform. This clearly indicates b investor confidence in the company's future.
The Discrepancy Between Grey Market and Actual Listing
Prior to listing, only a four percent premium was being shown in the grey market. However, upon actual listing, this figure reached 90 percent. This discrepancy indicates higher demand and enthusiasm from actual investors in the stock market.
