Manas Polymers & Energies IPO Allotment Status: Check Steps To Verify Status

01 October 2025
2 min read
whatsapp
facebook
copyToClipboard

The bidding window for Manas Polymers & Energies SME IPO was open from September 3, 2025, to September 7, 2025. The basis of allotment will be finalised today, June 9, 2025. Here’s how you can check the IPO allotment status. 

Procedure to Check Manas Polymers & Energies IPO Allotment Status Online On NSE

  • Visit the NSE’s IPO allotment verification status page here.
  • Select “Equity & SME IPO bid details”.
  • In Select Symbol, select “MPEL.”
  • Enter your PAN No. and application No.
  • Click “Submit”.

Procedure to Check Manas Polymers & Energies IPO Allotment Status on Purva Sharegistry India Pvt Ltd (Registrar to the issue)

  • Visit the IPO allotment status page here
  • Select “Happy Square Outsourcing Services Limited” under “Select Company”.
  • Enter your Application Number or PAN 
  • Click Search. 

IPO Details

Manas Polymers & Energies IPO is a book-building issue of ₹23.52 crores, consisting entirely of a fresh issue of 0.29 crore equity shares. The price band is set between ₹76 and ₹81 per share. The tentative listing on the NSE Emerge is scheduled for October 6, 2025. 

Expert Global Consultants Pvt. Ltd. is the book-running lead manager, and Purva Sharegistry India Pvt. Ltd. is the registrar for the issue. 

Use of Proceeds

The net proceeds from the fresh issue will be used to: 

  • General corporate purposes
  • Fund capital expenditure towards setting up a solar power plant and the purchase of fixed assets.

Manas Polymers & Energies IPO – Overall Subscription Status

(September 30, 2025, end of the day)

Category 

Subscription (times)

Qualified Institutional Investors (QIBs)

6.66

Non-Institutional Investors

1.78

Individual Investors (IND category bidding for 2 Lots)

0.19

Total 

1.24

Manas Polymers & Energies Business Overview

Manas Polymers & Energies manufactures premium food-grade PET preforms and PET bottles, jars and closure caps. Additionally, the company is involved in the renewable energy sector, where it develops, operates, and maintains utility-scale solar power projects. 

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

To read the RA disclaimer, please click here.

Do you like this edition?