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Shakti Polytarp Ltd IPO

Listed SME BSE SME Bookbuilding IPO
Min Investment
₹2,36,000
2000 shares · 1 lot

Shakti Polytarp Ltd IPO was priced at ₹56–₹59 per share with an issue size of ₹27 crore. The IPO opened on Sep 15, 2026 and closed on Sep 17, 2026, with a lot size of 2,000 shares and a minimum investment of ₹2,36,000.

Open
15 Sep
Close
17 Sep
Allotment
18 Sep
Refund
21 Sep
Listing
22 Sep

Market Sentiment

Grey Market Premium

Full history →
+₹4.00 +6.8%
Est. listing: ₹63
Updated 21 Sep 2026
GMP is an informal, unregulated grey-market figure. It is not a guaranteed listing price and can move sharply during the bidding window.

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IPO Details

Price Band ₹56.00 - ₹59.00 per share
Lot Size2000 shares
Min Investment₹2,36,000
Total Issue Size ₹27.00 crore
Shares Offered45,64,000
Issue Structure Fresh Issue
Issue TypeBookbuilding IPO
Lead Manager(s)NEXGEN Financial Solutions Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.
Listing AtBSE SME

Quick Profit Calculator

Issue price ₹59 · lot size 2000 shares · estimated listing price ₹63 (GMP +₹4)

Category Lots Shares Investment Value at listing Profit
Retail (Min) 1 2,000 ₹1,18,000 ₹1,26,000 +₹8,000
S-HNI (Min) 2 4,000 ₹2,36,000 ₹2,52,000 +₹16,000
S-HNI (UPI limit) 4 8,000 ₹4,72,000 ₹5,04,000 +₹32,000
S-HNI (Max) 8 16,000 ₹9,44,000 ₹10,08,000 +₹64,000
B-HNI (Min) 9 18,000 ₹10,62,000 ₹11,34,000 +₹72,000
Estimated from the grey market premium, an informal and unregulated figure that moves sharply and frequently differs from the eventual listing price. Not a forecast. Assumes full allotment, which is rarely guaranteed when an issue is oversubscribed.

Financial Analysis

EPS
₹8
P/E (Post)
10.05 x
RoNW
44.04%
RoCE
17.87%
Net Worth
₹27.86 Cr
MetricLatest Reported
Total Income₹216.1 Cr
Profit After Tax₹10.06 Cr
Net Worth₹27.86 Cr

Promoters & Holding

Promoters: Ravi Singhal, Vivek Singhal, Trisha Singhal, Priyal Singhal

Promoter Holding (Pre-Issue)90.9%
Promoter Holding (Post-Issue)66.67%

Strengths & Risks

Strengths

  • 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.

Risks & Concerns

  • Dependence on a limited number of customers.
  • Fluctuations in raw material prices.
  • Competition from other manufacturers.
  • Economic downturns affecting demand.
Summarised from the company's own DRHP/RHP disclosures. Informational only, not investment advice — always read the full prospectus before applying.

Company Information

Shakti Polytarp Ltd is engaged in the manufacturing of tarpaulins and other plastic-based products, including shade nets. 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.

Founded2018-03-01
HeadquartersNimrani, Khargone, Madhya Pradesh
IndustryPackaging
Websitehttps://shaktipolytarp.com/

Objects of the Issue

  • Capital Expenditure
  • General Corporate Purposes

Registrar & Allotment

RegistrarSkyline Financial Services Pvt.Ltd.
Phone011-26812682
Email[email protected]

Resources & Documents

Frequently Asked Questions

11 answers about Shakti Polytarp Ltd IPO — dates, pricing, allotment and listing.

Shakti Polytarp Ltd IPO is a bookbuilding ipo of ₹27 crore. The issue was priced at ₹56–₹59 per share, with a lot size of 2,000 shares. Bidding ran from Tue, 15 Sep 2026 to Thu, 17 Sep 2026, with shares listed on BSE SME.

The price band was ₹56–₹59 per share.

One lot was 2,000 shares. Bids had to be placed in multiples of 2,000.

A retail investor needed at least ₹2,36,000 – one lot of 2,000 shares at ₹59, the upper end of the price band.

Shakti Polytarp Ltd IPO opened on Tue, 15 Sep 2026 and closed on Thu, 17 Sep 2026.

Allotment was finalised on Fri, 18 Sep 2026.

Shakti Polytarp Ltd shares were listed on Tue, 22 Sep 2026 on BSE SME.

The company intended to use the net proceeds towards capital expenditure and general corporate purposes.

NEXGEN Financial Solutions Pvt.Ltd. is the book running lead manager. Skyline Financial Services Pvt.Ltd is the registrar to the issue.

Category-wise demand from retail, NII and QIB bidders is on the Shakti Polytarp Ltd IPO subscription page, and on the BSE and NSE websites.

From Fri, 18 Sep 2026, check the Shakti Polytarp Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.