Manas Polymers & Energies Ltd Company Summary

Manas Polymers and Energies Limited was incorporated as a public limited company vide Certificate of Incorporation dated January 19, 2024, issued by Registrar of Companies, Central Registration Centre. The Company has rapidly established itself as a key player in the plastics (PET) and solar energy industries. With a manufacturing facility utilizing fully automated injection molding technology, it operate at a capacity of 4,000 MT per year.

The Company is primarily engaged in the business of manufacturing and supply of premium food-grade PET preforms and PET bottles, jars and closure caps. It is also engaged in the renewable power generation and distribution as an independent power producer (IPP). Initially, the Company business was started by Mrs.

Anju Bhaduria in year 2015 as a sole proprietorship concern under the name and style of M/s. Manas Power and Infrastructure wherein the renewable power generation and distribution business was carried out by M/s. Manas Power and Infrastructure and, also in 2017 as a sole proprietorship concern by under the name and style of M/s Manas Polymers wherein the manufacture and supply of premium food-grade PET preforms, PET bottles, jars and closure caps was carried out by M/s.

Manas Polymers to cater to the PET (plastics) industry. Mrs. Anju Bhaduria who commenced the aforesaid business possessed the requisite experience, expertise and in-depth industry knowledge to expand geographical and client presence in the existing industry, while exploring new growth avenues.

The Company took over the business of proprietorship concerns of one of the Promoters Anju Bhadauria, namely M/s. Manas Polymers and M/s. Manas Power and Infrastructure as per the business transfer agreement dated January 25, 2024 along with the assets and liabilities of the proprietorship concerns as going concern in terms of the business transfer agreement.The Company is planning an Initial Offer of 29,04,000 Equity Shares through Fresh Issue.