Shakti Polytarp IPO
Shakti Polytarp opens for subscription on 15 Sept 2026 and closes on 17 Sept 2026, at a price band of ₹56 – ₹59 with a lot of 4000 shares. Listing is expected on 22 Sept 2026.
Updated 22 Oct 2026
Important dates
Opens
15 Sept 2026
Closes
17 Sept 2026
Allotment
18 Sept 2026
Listing
22 Sept 2026
IPO details
| Price band | ₹56 – ₹59 |
|---|---|
| Lot size | 4000 shares |
| Minimum investment | ₹2,36,000 |
| Issue size | ₹26.93 crore |
| Face value | ₹10 per share |
| Board | SME |
| Listing at | BSE SME |
| Retail quota | 35% |
| EPS | ₹8 |
| RoNW | 44.04% |
Grey market premium (GMP)
Last reported GMP: ₹10 (16.9%), an unofficial estimated listing price near ₹69 or about ₹40,000 per lot.
GMP is unregulated grey market chatter, not an exchange price, and it often swings or turns out wrong on listing day. SEBI cautions investors against relying on it. Read the GMP explainer.
Subscription status
Subscribed 11.87 times overall at the last update.
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 | 0× | 1.51× | 0.11× | 0.64× |
| Day 2 | 0× | 1.55× | 0.26× | 0.72× |
| Day 3 | 49.22× | 5.43× | 4.12× | 11.87× |
Company financials (₹ crore)
| Year | Revenue | Expenses | Profit after tax |
|---|---|---|---|
| FY24 | 62.23 | 61.08 | 0.98 |
| FY25 | 166.5 | 159.6 | 4.97 |
| FY26 | 216.1 | 202.51 | 10.06 |
About Shakti Polytarp
Shakti Polytarp, founded in March 2018, is one of the leading manufacturers of tarpaulins and other plastic-based products. Tarpaulins are water-resistant and durable sheets that are used to protect goods, equipment, and other materials from rain, moisture, sunlight, and other environmental conditions. Its product portfolio includes tarpaulins using Polypropylene (PP) granules, Linear Low-Density Polyethylene (LLDPE), Low-Density Polyethylene (LDPE), and High-Density Polyethylene (HDPE) in different sizes, colors, thicknesses, and specifications.
Its manufacturing facility is located in Nimrani, Khargone, Madhya Pradesh, spread across approximately 1,98,450 sq. ft. Its facilities are equipped with high-speed extrusion tapelines, extra-wide extrusion lamination machines, high-speed wide-width circular looms, high-strength sealing machines, and recycling machines. Shakti Polytarp sells its products under the “Dinotarp” brand, used across agriculture, construction, automotive, transportation and logistics, consumer goods, and other industries.
Objects of the issue
- Capital Expenditure
- General Corporate Purposes
Allotment status and registrar
Skyline Financial Services Pvt. Ltd. is the registrar. After 18 Sept 2026, check your status with your PAN or application number on the registrar's site or the BSE/NSE allotment pages.
Registrar contact: 011-26812682 · ipo@skylinerta.com
Lead managers and offer documents
- NEXGEN Financial Solutions Pvt. Ltd.
Shakti Polytarp IPO: FAQs
When does the Shakti Polytarp IPO open and close?
The Shakti Polytarp IPO opens on 15 Sept 2026 and closes on 17 Sept 2026.
What is the Shakti Polytarp IPO price band?
The price band is ₹56 – ₹59 per share (face value ₹10).
What is the Shakti Polytarp IPO lot size?
One lot is 4000 shares, so the minimum investment is ₹2,36,000 at the upper price band.
When is the Shakti Polytarp IPO allotment date?
Allotment is expected on 18 Sept 2026. Check the status on the registrar's site (Skyline Financial Services Pvt. Ltd.) or the BSE/NSE allotment pages using your PAN.
When will Shakti Polytarp shares list?
Listing is expected on 22 Sept 2026 on BSE SME.
What is the Shakti Polytarp IPO GMP today?
The grey market premium was about ₹10 (16.9%) when this page was last updated, implying an unofficial estimated listing near ₹69. GMP is unregulated and can change quickly; do not rely on it.
Details are compiled from the offer documents and exchange disclosures via IPOWatch and may change or contain errors; verify in the RHP and on BSE/NSE before applying. This page is for information only and is not a recommendation to apply. Neminath Traders is not a SEBI-registered investment adviser. Read how to apply for an IPO.