Manas Polymers and Energies Limited, incorporated on January 19, 2024, is a public limited company operating in the plastics (PET) and renewable energy sectors. The company specializes in the manufacturing and supply of premium food-grade PET preforms, PET bottles, jars, and closure caps, leveraging a fully automated injection molding facility with an annual capacity of 4,000 MT. Additionally, it acts as an independent power producer (IPP) in the renewable energy domain, focusing on power generation and distribution.
The origins of the business trace back to two sole proprietorship concerns established by the company’s promoter, Mrs. Anju Bhaduria, in 2015 and 2017 under the names "M/s. Manas Power and Infrastructure" and "M/s. Manas Polymers." Through these ventures, Mrs. Bhaduria contributed her extensive industry expertise, facilitating the company’s growth in the PET plastics industry and renewable energy sector. In early 2024, the company consolidated these businesses, acquiring their assets and liabilities under a business transfer agreement.
Manas Polymers and Energies Limited is now positioned as a diversified player with significant growth potential, targeting both the demand for sustainable plastic products and the rising need for renewable energy. The company plans to further its growth prospects by raising capital through an Initial Public Offering (IPO) of 2,904,000 equity shares via a Fresh Issue.
With its dual focus on high-quality PET products and clean energy, coupled with a strong foundation laid by its promoter, the company offers a compelling investment opportunity, particularly for those seeking exposure to growing industries.
