PNN

Mumbai (Maharashtra) [India], October 1: Manas Polymers and Energies Limited priced its IPO in the ₹76-₹81 per share range and, by 5:10 PM on the final day, drew steady investor interest. The ₹23.52 crore issue accumulated 1.24x subscriptions, up from day two's 0.05x, with total applications numbering 140. The cumulative bid amount stood at ₹27.68 crore, surpassing the offer size.

On Day Three, institutional demand excluding anchors led the pack, with qualified institutional buyers at 6.66x, improving from Day Two's 0.00x. Non-institutional investors showed moderate interest at 1.78x, rising from day two's 0.03x, while individual investors contributed 0.19x, up from day two's 0.06x.

For context, Day Two registered an overall 0.05x subscription, with individual investors at 0.06x,

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