Shakti Polytarp is an SME IPO scheduled to open on 15 Sept 2026 and close on 17 Sept 2026, priced at ₹56 – ₹59 per share, minimum lot 2,000 shares (~₹2,36,000 for retail). Proposed listing on BSE SME on 22 Sept 2026.
About Shakti Polytarp
Shakti Polytarp is engaged in the manufacturing of tarpaulins and related products such as shade nets. The company operates its manufacturing facility in Indore, Madhya Pradesh, where it utilizes raw materials like plastic granules to produce its offerings. In addition to its manufacturing operations, the business is involved in the trading of granules, which include polypropylene, low-density polyethylene, and high-density polyethylene. The company generates its revenue primarily through two operating segments: the manufacturing and sale of various types of tarpaulins and shade nets, and the trading of granules in the open market. By procuring raw materials in bulk, the company utilizes a portion for its internal manufacturing needs while selling the remaining inventory to optimize procurement efficiencies. The business focuses on business-to-business transactions and serves a concentrated customer base, with a significant portion of its sales originating from the state of Madhya Pradesh.
Shakti Polytarp IPO Details
| IPO Type | SME |
| Price Band | ₹56 – ₹59 per share |
| Lot Size | 2,000 shares · ~₹2,36,000 for retail |
| Grey Market Premium (GMP) | Not available yet |
| Total Issue Size | ₹26.93 crore |
| Listing At | BSE SME |
Shakti Polytarp IPO Important Dates
| Event | Date |
|---|---|
| IPO Open Date | 15 Sept 2026 |
| IPO Close Date | 17 Sept 2026 |
| Basis of Allotment | 18 Sept 2026 |
| Refund / UPI Mandate Release | 19 Sept 2026 |
| Credit of Shares to Demat | 19 Sept 2026 |
| Listing Date | 22 Sept 2026 |
Shakti Polytarp IPO Lot Size & Investment
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 4,000 | ₹2,36,000 |
| HNI | 3 – 8 | 6,000 – 16,000 | ₹3,54,000 – ₹9,44,000 |
Shakti Polytarp IPO GMP (Grey Market Premium)
The latest grey market premium for Shakti Polytarp is Not available yet. GMP is an unofficial, over-the-counter figure that can change through the day and is not endorsed by SEBI or the exchanges.
Shakti Polytarp — Strengths
- Offers customized, end-to-end solutions for tarpaulins and shade nets.
- A strategic facility in Madhya Pradesh provides locational and subsidy benefits.
- Utilizes bulk discount schemes for cost-effective raw material procurement.
- Broad product portfolio with various GSMs, widths, and shading percentages.
- Established relationships with a concentrated B2B customer base ensure volume sales.
Shakti Polytarp — Risks
- High revenue dependency on a limited range of products like tarpaulins and granules.
- The registered office and manufacturing facility operate on leased, non-owned premises.
- Heavy reliance on a few clients, with the top ten customers driving over 77% of revenue.
- Experienced negative cash flows from operating activities in prior fiscal years.
- Top ten suppliers account for up to 90% of raw materials, increasing supply chain risks.
More on Shakti Polytarp IPO
- Shakti Polytarp IPO — live GMP, subscription & allotment status
- Shakti Polytarp IPO listing gain calculator
- All SME IPOs
- Full IPO list with GMP
Allotment and listing-gain details will be published here once available. This article is for information only and is not investment advice. Read the RHP and consider your own risk profile before investing.
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