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 bidding opened for subscription on Sep 15, 2026 and will close 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.
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.
Competitive Strengths
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.