Shakti Polytarp
Price band ₹56–59 · Issue ₹26.93 Cr
Market attention score 15 (how ranked)
IPO alerts
Get notified for open, close, allotment. Delivered in-app, push, and email.
Automated WhatsApp broadcasts aren't available yet — use this to ping yourself or a group.
Capital required
Approximate retail outlay for Shakti Polytarp at the issue price band (lot × lots).
Est. capital
₹1,12,000 – ₹1,18,000
Lot size 2,000 · up to ₹59/share
Prefer smaller tickets before listing? Explore unlisted & pre-IPO shares.
Opens
15 Sept 2026
Closes
17 Sept 2026
Allotment
18 Sept 2026
Listing
22 Sept 2026
Lot size
2,000
At a glance
IPO Open Tue, Sep 15, 2026 IPO Close Thu, Sep 17, 2026 Price Band ₹56 to ₹59 Market Cap * ₹101.06 Cr * on Upper Price IPO Details IPO Date 15 to 17 Sep, 2026 Listing Date Tue, Sep 22, 2026 T Face Value ₹ 10 per share Price Band ₹56 to ₹59 Lot Size 2,000 Shares Sale Type Fresh capital only Issue Type Bookbuilding IPO Listing At BSE SME Total Issue Size 45,64,000 shares (agg. up to ₹ 27 Cr) Reserved for Market Maker 2,30,000 shares (agg. up to ₹ 1 Cr) Prabhat Financial Services Ltd. Fresh Issue (Ex Market Maker) 43,34,000 shares (agg. up to ₹ 26 Cr) Net Offered to Public 43,34,000 shares (agg. up to ₹ 26 Cr) Share Holding Pre Issue 1,25,64,000 shares Share Holding Post Issue 1,71,28,000 shares IPO Timetable (Tentative) IPO Open Tue, Sep 15, 2026 IPO Close Thu, Sep 17, 2026 Allotment Fri, Sep 18, 2026 Refund Mon, Sep 21, 2026 Credit of Shares Mon, Sep 21, 2026 Listing Tue, Sep 22, 2026 IPOs Timetable Issue Reservation Shakti Polytarp IPO comprises a total issue size of 45,64,000 shares. The net offer to the public is 43,34,000 shares, after excluding 2,30,000 shares allotted on a firm basis. Of the Net offer 13,86,000 (31.98%) are allocated to QIB , 13,68,000 (31.56%) allocated to NII 15,80,000 (36.46%) allocated to RII . Investor Category Shares % of Net Issue % of Total Issue QIB 13,86,000 31.98% 30.37% − Anchor Investor 8,22,000 18.01% − QIB (Ex. Anchor) 5,64,000 12.36% NII (HNI) 13,68,000 31.56% 29.97% − bNII > ₹10L 9,12,000 19.98% − sNII 4,56,000 9.99% Retail 15,80,000 36.46% 34.62% Firm Reservations Market Maker 2,30,000 5.04% Total 45,64,000 100.00% 100.00% IPO Lot Size Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof. Application Lots Shares Amount Individual investors (IND) (Min) 2 4000 ₹2,36,000 Individual investors (IND) (Max) 2 4000 ₹2,36,000 S-HNI (Min) 3 6000 ₹3,54,000 S-HNI (Max) 8 16000 ₹9,44,000 B-HNI (Min) 9 18000 ₹10,62,000 IPO Subscription Details About Shakti Polytarp Ltd. Updated on Sep 9, 2026 Incorporated in March 2018 as Shakti Polytarp Limited, the Company is engaged in the manufacturing of tarpaulins and other plastic-based products, including shade nets. Tarpaulins are water-resistant and durable sheets used to protect goods, equipment and other materials from rain, moisture, sunlight and other environmental conditions.
The Company manufactures tarpaulins using Polypropylene (PP) granules, Linear Low-Density Polyethylene (LLDPE), Low-Density Polyethylene (LDPE) and High-Density Polyethylene (HDPE). Its products are available in different sizes, colours, thicknesses and specifications as per customer requirements, with a particular focus on manufacturing six-layer and eight-layer durable tarpaulins. The products are marketed under the “Dinotarp” brand and find applications across agriculture, construction, automotive, transportation and logistics, consumer goods and other industries.
Overview
Shakti Polytarp IPO is a book build issue of ₹26.93 crores. The issue is entirely a fresh issue of 45.64 lakh shares of ₹26.93 crore.
Shakti Polytarp IPO opens for subscription on Sep 15, 2026 and closes on Sep 17, 2026. The allotment for the Shakti Polytarp IPO is expected to be finalized on Sep 18, 2026. Shakti Polytarp IPO will list on the BSE SME with a tentative listing date fixed as Sep 22, 2026.
Shakti Polytarp IPO is set issue price band at ₹56 to ₹59 per share. The lot size for an application is 2,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,36,000 (4,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (6,000 shares), amounting to ₹3,54,000.
NEXGEN Financial Solutions Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Prabhat Financial Services Ltd.
Refer to Shakti Polytarp IPO RHP for detailed Information.
Issue details
IPO Date
15 to 17 Sep, 2026
Listing Date
Tue, Sep 22, 2026T
Face Value
₹10 per share
Price Band
₹56 to ₹59
Lot Size
2,000 Shares
Sale Type
Fresh capital only
Issue Type
Bookbuilding IPO
Listing At
BSE SME
Lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 4000 | ₹2,36,000 |
| Individual investors (IND) (Max) | 2 | 4000 | ₹2,36,000 |
| S-HNI (Min) | 3 | 6000 | ₹3,54,000 |
| S-HNI (Max) | 8 | 16000 | ₹9,44,000 |
| B-HNI (Min) | 9 | 18000 | ₹10,62,000 |
Issue reservation
| Investor Category | Shares | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB | 13,86,000 | 31.98% | 30.37% |
| − Anchor Investor | 8,22,000 | 18.01% | |
| − QIB (Ex. Anchor) | 5,64,000 | 12.36% | |
| NII (HNI) | 13,68,000 | 31.56% | 29.97% |
| − bNII > ₹10L | 9,12,000 | 19.98% | |
| − sNII < ₹10L | 4,56,000 | 9.99% | |
| Retail | 15,80,000 | 36.46% | 34.62% |
| Firm Reservations | |||
| Market Maker | 2,30,000 | 5.04% | |
| Total | 45,64,000 | 100.00% | 100.00% |
About the company
Incorporated in March 2018 as Shakti Polytarp Limited, the Company is engaged in the manufacturing of tarpaulins and other plastic-based products, including shade nets. Tarpaulins are water-resistant and durable sheets used to protect goods, equipment and other materials from rain, moisture, sunlight and other environmental conditions.
The Company manufactures tarpaulins using Polypropylene (PP) granules, Linear Low-Density Polyethylene (LLDPE), Low-Density Polyethylene (LDPE) and High-Density Polyethylene (HDPE). Its products are available in different sizes, colours, thicknesses and specifications as per customer requirements, with a particular focus on manufacturing six-layer and eight-layer durable tarpaulins. The products are marketed under the “Dinotarp” brand and find applications across agriculture, construction, automotive, transportation and logistics, consumer goods and other industries.
The Company primarily operates under a B2B business model, supplying products through bulk orders to businesses and industrial customers, while also catering to the B2C segment. In addition to manufacturing tarpaulins, the Company is engaged in the sale of plastic granules, which are used as raw materials in the production of tarpaulins. The Company also provides design and customisation options based on the intended application of its products.
The Company's manufacturing facility is located at Nimrani, Khargone, Madhya Pradesh, spread across approximately 1,98,450 sq. ft. The facility is equipped with high-speed extrusion tapelines, extra-wide extrusion lamination machines, high-speed wide-width circular looms, high-strength sealing machines and recycling machines. The integrated machinery and in-built software systems support production efficiency, accuracy and quality control. The facility is capable of producing tarpaulins ranging from 70 GSM to 450 GSM.
As of June 30, 2026, the Company had 114 permanent employees, with the majority engaged in operations and manufacturing activities.
- Established client relationships.
- Product customisation capabilities.
- Experienced and qualified management team.
- Diverse applications across multiple industries.
- In-house manufacturing facility with integrated machinery.
- Six-layer and eight-layer tarpaulin manufacturing capabilities.
Financials
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 110.12 | 71.39 | 40.29 |
| Total Income | 216.10 | 166.50 | 62.23 |
| Profit After Tax | 10.06 | 4.97 | 0.98 |
| EBITDA | 19.29 | 10.69 | 3.83 |
| NET Worth | 27.86 | 17.80 | 10.84 |
| Reserves and Surplus | 15.30 | 5.24 | 5.13 |
| Total Borrowing | 72.51 | 48.00 | 23.36 |
Amounts in ₹ Crore (restated)
Key performance indicators
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 44.04% |
| ROCE | 17.87% |
| Debt/Equity | 2.60 |
| RoNW | 44.04% |
| PAT Margin | 4.66% |
| EBITDA Margin | 8.94% |
| NAV | 22.18 |
| Price to Book Value | 2.66 |
Valuation
Valuation Metric
Pre IPO
EPS (₹)
8.00
P/E (x)
7.38
Market Cap at Offer Price
₹74Cr.
Shareholding
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 90.9% | 66.67% |
| Public | 9.10% | 33.33% |
| Total | 100% | 100% |
Objects of the issue
- — Capital Expenditure
- — General Corporate Purposes
Intermediaries
Registrar
Skyline Financial Services Pvt.Ltd.
Lead manager(s)
NEXGEN Financial Solutions Pvt.Ltd.
FAQs
How to apply in Shakti Polytarp IPO through Zerodha?+
Zerodha customers can apply online in Shakti Polytarp IPO using UPI as a payment gateway. Zerodha customers can apply in Shakti Polytarp IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Shakti Polytarp IPO through Zerodha Visit the Zerodha website and login to Console. Go to Portfolio and click the IPOs link. Go to the ' Shakti Polytarp IPO ' row and click the 'Bid' button. Enter your UPI ID, Quantity, and Price. Submit IPO application form. Visit the UPI App (net banking or BHIM ) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.
When Shakti Polytarp IPO will open?+
The Shakti Polytarp IPO opens on Tue, Sep 15, 2026 and closes on Thu, Sep 17, 2026.
What is the lot size of Shakti Polytarp IPO?+
Shakti Polytarp IPO lot size is 2000 , and the minimum amount required for application is ₹2,36,000 , with 2 lots being the minimum application size .
How to apply for Shakti Polytarp IPO?+
You can apply in Shakti Polytarp IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha , Upstox , 5Paisa , Nuvama , HDFC Bank , and SBI Bank .
When is Shakti Polytarp IPO allotment?+
The finalization of Basis of Allotment for Shakti Polytarp IPO will be done on Friday, September 18, 2026 , and the allotted shares will be credited to your demat account by Mon, Sep 21, 2026 . Check the Shakti Polytarp IPO allotment status .
When is Shakti Polytarp IPO listing date ?+
The Shakti Polytarp IPO listing date is not yet announced. The tentative date of listing is Tue, Sep 22, 2026 .
Aggregated from public IPO filings. GMP is unofficial grey-market chatter, not advice.