Shree TNB Polymers
LISTEDIPO Date: 28 Sept - 5 Oct 2026
Listing Date: 8 Oct 2026
Price Range
Rs.50 - Rs.53
Issue Size
32 Cr
Min Investment
₹2,00,000
2 lots minimum (SEBI rule for SME)
Min Application
4000 Shares
2000 per lot × 2
Schedule of Shree TNB Polymers
Issue open date
28 Sept 2026
Issue close date
5 Oct 2026
UPI mandate deadline
5 Oct 2026 (5 PM)
Allotment finalization
6 Oct 2026
Share credit
7 Oct 2026
Listing date
8 Oct 2026
Mandate end date
20 Oct 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 32 Cr |
| Fresh Issue | 31.8 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 6 Oct 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 |
|---|---|---|---|
| 8 Oct 2026Latest | ₹53 | ₹4 | ₹57(+7.55%) |
| 7 Oct 2026 | ₹53 | ₹4 | ₹57(+7.55%) |
| 6 Oct 2026 | ₹53 | ₹0 | ₹53(0%) |
| 5 Oct 2026 | ₹53 | ₹0 | ₹53(0%) |
| 4 Oct 2026 | ₹53 | ₹0 | ₹53(0%) |
| 3 Oct 2026 | ₹53 | ₹0 | ₹53(0%) |
| 2 Oct 2026 | ₹53 | ₹0 | ₹53(0%) |
| 1 Oct 2026 | ₹53 | ₹0 | ₹53(0%) |
| 30 Sept 2026 | ₹53 | ₹0 | ₹53(0%) |
| 29 Sept 2026 | ₹53 | ₹0 | ₹53(0%) |
| 28 Sept 2026 | ₹53 | ₹0 | ₹53(0%) |
| 27 Sept 2026 | ₹53 | ₹0 | ₹53(0%) |
| 26 Sept 2026 | ₹53 | ₹0 | ₹53(0%) |
Performance Shree TNB Polymers
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.50 - Rs.53 | ₹ 60 (13.21%) | ₹ 56.96 | 7.47% |
About Shree TNB Polymers
Shree TNB Polymers Limited is a polymer manufacturing company that produces, sells, and distributes piping systems and plastic solutions. Its product portfolio includes HDPE pipes and fittings, PP and PPH pipes and fittings, DWC pipes, sprinkler pipes, drip irrigation systems, solid industrial sheets and Well Pack sheets for infrastructure, agriculture, packaging and industrial applications. The company operates under the brands “NOBLE” for its piping division, “TIRUPATI” for solid industrial sheets and “WELLPACK” for corrugated/flute board sheets. The company is ISO 9001:2015 and ISO 14001:2015 certified. Its manufacturing and quality systems are supported by BIS and other applicable standards covering water supply, sewerage, DWC, drip irrigation, lateral and sprinkler pipes. The company has manufacturing facilities in Silvassa, Dadra and Nagar Haveli, spread across 23,028 sq. m., with a combined installed capacity of 24,000 MT per annum across its product range.
| Founded in | 2007 |
| Managing director | Mr Rasikbhai Bhalodi |
| Parent organization |
Financial Overview
Strengths
5- 1
Diverse product portfolio across piping, corrugated, and solid industrial sheets.
- 2
Established network of over 325 dealers across key commercial hubs.
- 3
Strategically located manufacturing facilities near major industrial areas.
- 4
Proven track record of consistent revenue generation across multiple brand divisions.
- 5
Expanding market footprint across diverse regional markets and states.
Risks
5- 1
High dependence on top ten customers for significant portions of revenue.
- 2
Business operations rely on leased manufacturing facilities and warehouses.
- 3
Potential under-utilization of newly expanded manufacturing capacities.
- 4
Volatility in the supply and pricing of raw materials impacting profit margins.
- 5
Subject to strict regional regulations and potential penalties for delayed compliance.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 0.75 |
| Non-Institutional Investors (NIIs) | 0.73 |
| Retail Individual Investors (RIIs) | 0.1 |
| Employee | N/A |
| Total | 0.44 |