Shakti Polytarp
LIVEIPO Date: 15 Sept - 17 Sept 2026
Listing Date: 22 Sept 2026
Price Range
₹56 to ₹59
Issue Size
27 Cr
Min Investment
₹2,24,000
2 lots minimum (SEBI rule for SME)
Min Application
4000 Shares
2000 per lot × 2
Schedule of Shakti Polytarp
Issue open date
15 Sept 2026
Issue close date
17 Sept 2026
UPI mandate deadline
17 Sept 2026 (5 PM)
Allotment finalization
18 Sept 2026
Share credit
21 Sept 2026
Listing date
22 Sept 2026
Mandate end date
2 Oct 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 27 Cr |
| Fresh Issue | 45.64 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 18 Sept 2026 |
| Allotment Link | {Link} |
Grey Market Premium
NewGrey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 15 Sept 2026Latest | ₹59 | ₹0 | ₹59(0%) |
| 14 Sept 2026 | ₹59 | ₹0 | ₹59(0%) |
| 13 Sept 2026 | ₹59 | ₹0 | ₹59(0%) |
| 12 Sept 2026 | ₹59 | ₹0 | ₹59(0%) |
| 11 Sept 2026 | ₹59 | ₹0 | ₹59(0%) |
| 10 Sept 2026 | ₹59 | ₹0 | ₹59(0%) |
| 9 Sept 2026 | ₹59 | ₹0 | ₹59(0%) |
Performance Shakti Polytarp
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹56 to ₹59 | .... | .... | .... |
About Shakti Polytarp
Shakti Polytarp Limited is engaged in the manufacturing of tarpaulins and related products, including shade nets, serving applications across agriculture, construction, automotive, transportation and consumer sectors. The company operates its manufacturing facility in Madhya Pradesh and also trades in plastic raw materials such as polypropylene, LDPE and HDPE granules. Its business model combines in-house manufacturing with the trading of surplus raw materials procured in bulk, helping improve procurement efficiency. The company primarily operates on a B2B basis and has expanded its production capacity to support growing demand for tarpaulins and shade nets.
| Founded in | 2018 |
| Managing director | Ravi Singhal |
| Parent organization |
Financial Overview
Strengths
4- 1
Experienced promoters with around two decades of experience in the tarpaulin manufacturing industry and established supplier/customer relationships.
- 2
Diversified product applications, with tarpaulins serving agriculture, construction, automotive, logistics and consumer industries.
- 3
Capacity expansion, with total tarpaulin and shade-net capacity reaching around 24,000 MT per annum in FY2026, providing scope for future revenue growth.
- 4
International presence, with the company stating that its products are supplied across India and to more than 20 countries.
Risks
4- 1
Customer concentration. A significant portion of sales is concentrated in Madhya Pradesh and the company has a relatively concentrated B2B customer base.
- 2
Raw-material price volatility. The business depends on plastic-based raw materials such as PP, LDPE and HDPE, making margins sensitive to fluctuations in polymer prices.
- 3
High working-capital requirement. Maintaining inventories of raw materials and finished products can tie up capital and increase financing requirements.
- 4
Debt and expansion risk. Rapid capacity expansion requires significant capital expenditure and financing, increasing the company's exposure to interest costs and debt-servicing obligations.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | 1.51 |
| Retail Individual Investors (RIIs) | 0.11 |
| Employee | N/A |
| Total | 0.64 |