Comparison between Manas Polymers IPO and Mayasheel Ventures IPO.
Manas Polymers IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Mayasheel Ventures IPO is a SME Bookbuilding proposed to list at NSE SME.
| Manas Polymers IPO | Mayasheel Ventures IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Expert Global Consultants Pvt.Ltd. | Narnolia Financial Services Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Prabhat Financial Services Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Manas Polymers IPO is up to ₹22.33 Cr whereas the issue size of the Mayasheel Ventures IPO is up to ₹25.92 Cr. The final issue price of Manas Polymers IPO is ₹81.00 per share and of Mayasheel Ventures IPO is ₹47.00 per share.
| Manas Polymers IPO | Mayasheel Ventures IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹76.00 per share | ₹44.00 per share |
| Issue Price (Upper) | ₹81.00 per share | ₹47.00 per share |
| Issue Price (Final) | ₹81.00 per share | ₹47.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 1600 shares | 3000 shares |
| Fresh Issue Size | 27,56,800 shares | 55,14,000 shares |
| Fresh Issue Size (Amount) | up to ₹22.33 Cr | up to ₹25.92 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 27,56,800 shares | 55,14,000 shares |
| Issue Size Total (Amount) | up to ₹22.33 Cr | up to ₹25.92 Cr |
Manas Polymers IPO opens on Sep 26, 2025, while Mayasheel Ventures IPO opens on Jun 20, 2025. The closing date of Manas Polymers IPO and Mayasheel Ventures IPO is Sep 30, 2025, and Jun 24, 2025, respectively.
| Manas Polymers IPO | Mayasheel Ventures IPO | |
|---|---|---|
| Anchor Bid Date | Sep 25, 2025 | Jun 19, 2025 |
| Issue Open | Sep 26, 2025 | Jun 20, 2025 |
| Issue Close | Sep 30, 2025 | Jun 24, 2025 |
| Basis Of Allotment (Tentative) | Oct 01, 2025 | Jun 25, 2025 |
| Initiation of Refunds (Tentative) | Oct 03, 2025 | Jun 26, 2025 |
| Credit of Share (Tentative) | Oct 03, 2025 | Jun 26, 2025 |
| Listing date (Tentative) | Oct 06, 2025 | Jun 27, 2025 |
| Anchor Lockin End date 1 | Oct 31, 2025 | Jul 26, 2025 |
| Anchor Lockin End date 2 | Dec 30, 2025 | Sep 24, 2025 |
Manas Polymers IPO P/E ratio is 9.19, as compared to Mayasheel Ventures IPO P/E ratio of 6.74.
| Manas Polymers IPO | Mayasheel Ventures IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Standalone)Manas Polymers & Energies Ltd.'s revenue increased by 65% and profit after tax (PAT) rose by 152% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)Mayasheel Ventures Ltd.'s revenue increased by 31% and profit after tax (PAT) rose by 74% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 99.95 | 91.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.62 | 67.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.19 | 6.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹62.99 Cr. | ₹103.64 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 53.10 | 42.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 22.82 | 28.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.05 | 1.60 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.81 | ₹6.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 53.10 | 42.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Manas Polymers IPO Retail Individual Investors (RII) are offered 17,92,000 shares while in Mayasheel Ventures IPO retail investors are offered 17,92,000 shares. Qualified Institutional Buyers (QIB) are offered 2,78,400 shares in Manas Polymers IPO and 11,04,000 shares in Mayasheel Ventures IPO.
| Manas Polymers IPO | Mayasheel Ventures IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 16,50,000 shares |
| Market Maker Reservation | 1,47,200 shares | 2,91,000 shares |
| QIB | 2,78,400 shares | 11,04,000 shares |
| NII | 6,86,400 shares | 8,28,000 shares |
| RII | 17,92,000 shares | 19,32,000 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 27,56,800 shares | 55,14,000 shares |
Manas Polymers IPO subscribed 1.24x in total, whereas Mayasheel Ventures IPO subscribed 232.73x.
| Manas Polymers IPO | Mayasheel Ventures IPO | |
|---|---|---|
| QIB (times) | 6.66x | 98.14x |
| NII (times) | 1.78x | 715.75x |
| Big NII (times) | 2.40x | |
| Small NII (times) | 0.55x | |
| RII (times) | 0.19x | 102.63x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.24x | 232.73x |
