Shree TNB Polymers IPO 2026: GMP Today, Subscription Status and Latest IPO Details

Shree TNB Polymers IPO: Latest Update

Shree TNB Polymers IPO is currently open for subscription and is scheduled to close on October 5, 2026. The issue is being offered on the BSE SME platform and comprises an entirely fresh issue of 60 lakh shares. The revised price band is ₹50 to ₹53 per share, with a lot size of 2,000 shares. Retail investors are required to apply for a minimum of two lots, or 4,000 shares.

Shree TNB Polymers IPO Details

The revised issue structure and schedule are reported by recent IPO sources, including Zerodha and Univest.

Shree TNB Polymers IPO GMP Today

The latest available GMP tracker data puts the Shree TNB Polymers IPO GMP at around ₹5. Against the revised upper price band of ₹53, this represents an unofficial premium of about 9.4%. GMP is an unofficial grey-market indicator and can change before listing, so it does not guarantee the actual listing price.

Subscription Status

The latest reported subscription data available for October 1 showed the issue at around 0.98x overall.

The NII segment had crossed 1x, while QIB and retail bidding remained below 1x in the latest reported figures.

What Does Shree TNB Polymers Do?

Shree TNB Polymers is a polymer manufacturing company incorporated in 2007. Its product portfolio includes HDPE, PP and PPH pipes and fittings, Double Wall Corrugated pipes, sprinkler pipes, drip irrigation systems and industrial sheets.

The company operates manufacturing facilities in Silvassa and sells products through direct channels as well as a dealer and distributor network. Its products serve applications across irrigation, agriculture, water supply, sewerage, drainage, telecom cable protection, construction and industrial use.

IPO Fund Utilisation

The entire IPO proceeds are being raised through a fresh issue. According to the latest available issue details, the company plans to use the funds for:

• Purchase of machinery
• Installation of solar panels/rooftop solar infrastructure
• Construction of a pre-engineered building for a new manufacturing facility
• Repayment or prepayment of certain borrowings
• General corporate purposes

The largest allocation is toward machinery and manufacturing-related capital expenditure.

Business Network and Product Portfolio

Shree TNB Polymers sells products under brands including NOBLE, TIRUPATI and WELLPACK. Its product diversification covers piping products as well as solid industrial and corrugated/flute sheets.

The company has also built a dealer and distributor network covering multiple states, giving it access to customers across different industrial and infrastructure applications.

Shree TNB Polymers IPO Timeline

The current revised schedule places the proposed listing on October 8, 2026, subject to the final exchange process.

What to Watch Before the IPO Closes

With the IPO entering its final bidding period, investors tracking Shree TNB Polymers can watch the final subscription numbers, changes in the unofficial GMP and category-wise bidding activity. The company's planned manufacturing expansion, debt repayment and exposure to polymer-product demand are also key parts of the IPO story.

The IPO is scheduled to close on October 5, 2026, followed by allotment on October 6 and the proposed BSE SME listing on October 8.