Comparison between Manas Polymers IPO and Pushpa Jewellers IPO.
Manas Polymers IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Pushpa Jewellers IPO is a SME Bookbuilding proposed to list at NSE SME.
The total issue size of Manas Polymers IPO is up to ₹22.33 Cr whereas the issue size of the Pushpa Jewellers IPO is up to ₹93.71 Cr. The final issue price of Manas Polymers IPO is ₹81.00 per share and of Pushpa Jewellers IPO is ₹147.00 per share.
| Manas Polymers IPO | Pushpa Jewellers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹76.00 per share | ₹143.00 per share |
| Issue Price (Upper) | ₹81.00 per share | ₹147.00 per share |
| Issue Price (Final) | ₹81.00 per share | ₹147.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1000 shares |
| Fresh Issue Size | 27,56,800 shares | 50,34,000 shares |
| Fresh Issue Size (Amount) | up to ₹22.33 Cr | up to ₹74.00 Cr |
| OFS Issue Size | 0 shares | 13,41,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹19.71 Cr |
| Issue Size Total | 27,56,800 shares | 63,75,000 shares |
| Issue Size Total (Amount) | up to ₹22.33 Cr | up to ₹93.71 Cr |
Manas Polymers IPO opens on Sep 26, 2025, while Pushpa Jewellers IPO opens on Jun 30, 2025. The closing date of Manas Polymers IPO and Pushpa Jewellers IPO is Sep 30, 2025, and Jul 02, 2025, respectively.
| Manas Polymers IPO | Pushpa Jewellers IPO | |
|---|---|---|
| Anchor Bid Date | Sep 25, 2025 | Jun 27, 2025 |
| Issue Open | Sep 26, 2025 | Jun 30, 2025 |
| Issue Close | Sep 30, 2025 | Jul 02, 2025 |
| Basis Of Allotment (Tentative) | Oct 01, 2025 | Jul 03, 2025 |
| Initiation of Refunds (Tentative) | Oct 03, 2025 | Jul 04, 2025 |
| Credit of Share (Tentative) | Oct 03, 2025 | Jul 04, 2025 |
| Listing date (Tentative) | Oct 06, 2025 | Jul 07, 2025 |
| Anchor Lockin End date 1 | Oct 31, 2025 | Aug 03, 2025 |
| Anchor Lockin End date 2 | Dec 30, 2025 | Oct 02, 2025 |
Manas Polymers IPO P/E ratio is 9.19, as compared to Pushpa Jewellers IPO P/E ratio of 12.44.
| Manas Polymers IPO | Pushpa Jewellers 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)Pushpa Jewellers Ltd.'s revenue increased by 10% and profit after tax (PAT) rose by 64% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 99.95 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.62 | 77.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.19 | 12.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹62.99 Cr. | ₹356.08 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 53.10 | 47.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 22.82 | 27.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.05 | 0.38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.81 | ₹11.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 53.10 | 38.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Manas Polymers IPO Retail Individual Investors (RII) are offered 17,92,000 shares while in Pushpa Jewellers IPO retail investors are offered 17,92,000 shares. Qualified Institutional Buyers (QIB) are offered 2,78,400 shares in Manas Polymers IPO and 22,31,000 shares in Pushpa Jewellers IPO.
| Manas Polymers IPO | Pushpa Jewellers IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 9,56,000 shares |
| Market Maker Reservation | 1,47,200 shares | 3,36,000 shares |
| QIB | 2,78,400 shares | 22,31,000 shares |
| NII | 6,86,400 shares | 9,57,000 shares |
| RII | 17,92,000 shares | 22,31,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 27,56,800 shares | 63,75,000 shares |
Manas Polymers IPO subscribed 1.24x in total, whereas Pushpa Jewellers IPO subscribed 2.46x.
| Manas Polymers IPO | Pushpa Jewellers IPO | |
|---|---|---|
| QIB (times) | 6.66x | 1.18x |
| NII (times) | 1.78x | 2.51x |
| Big NII (times) | 2.40x | |
| Small NII (times) | 0.55x | |
| RII (times) | 0.19x | 3.71x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.24x | 2.46x |
