IPO Details

Shakti Polytarp Limited IPO

Shakti Polytarp Limited logo
SME IPO
₹1,12,000

Minimum Investment

Exchange Listed · NSE / BSESEBI Regulated Issue

About Company

Company Name: Shakti Polytarp Limited

Industry / Sector: Packaging / Tarpaulin & Plastic Products Manufacturing

Founded Year: March 2018

Promoters: Ravi Singhal, Vivek Singhal, Trisha Singhal, Priyal Singhal

Shakti Polytarp Limited 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 facility is capable of producing tarpaulins ranging from 70 GSM to 450 GSM. As of June 30, 2026, the Company had 114 permanent employees.

IPO Basic Details

Company NameShakti Polytarp Limited
IPO TypeSME IPO
Price Band₹56 – ₹59
Lot Size2000 Shares
Total Issue Size45,64,000 Equity Shares (₹26.93 Cr)

IPO Strengths & Risks

Strengths

  • Established client relationships
  • Product customisation capabilities
  • Experienced and qualified management team
  • Diverse applications across multiple industries
  • In-house manufacturing facility with integrated machinery
  • Six-layer and eight-layer tarpaulin manufacturing capabilities

Risks

  • Dependence on the packaging and plastic products sector
  • Exposure to raw material price volatility (PP granules, LLDPE, LDPE, HDPE)
  • Competition from other tarpaulin manufacturers
  • Working capital intensive business model
  • SME IPO with lower liquidity compared to mainboard listings

IPO Important Dates

IPO Open Date15 Sep 2026
IPO Close Date17 Sep 2026
Basis of Allotment18 Sep 2026
Refund Initiation21 Sep 2026
Demat Credit Date21 Sep 2026
Listing Date22 Sep 2026
Anchor Investor Date-
UPI Mandate Deadline-

IPO Objectives

  • Capital expenditure for machinery and equipment – -
  • Funding working capital requirements – -
  • Debt repayment – -
  • General corporate purposes – Balance Amount

Investor Reservation

QIB Quota31.98% of Net Offer (13,86,000 shares)
Retail Quota36.46% of Net Offer (15,80,000 shares)
HNI Quota-
Employee Quota-
Shareholder Quota-
Anchor Investor Allocation-

Market Lot Details

ApplicationLot SizeSharesAmount
Retail Minimum2 Lots4000₹2,36,000
Retail Maximum2 Lots4000₹2,36,000
S-HNI Minimum3 Lots6000₹3,54,000
S-HNI Maximum8 Lots16000₹9,44,000
B-HNI Minimum9 Lots18000₹10,62,000

Key Performance Indicators (KPI)

ROE44.04%
ROCE17.87%
RoNW-
PAT Margin4.66%
EBITDA Margin8.94%
EPS₹8.00 (Pre-IPO), ₹5.87 (Post-IPO)
NAV per share-
Debt to Equity2.60
P/E Ratio-
Industry P/E-

Company Financial Data

PeriodAssetsTotal IncomePATEBITDANet WorthBorrowings
FY2026₹110.12 Cr₹216.10 Cr₹10.06 Cr₹19.29 Cr₹27.86 Cr₹72.51 Cr
FY2025₹71.39 Cr₹166.50 Cr₹4.97 Cr₹10.69 Cr₹17.80 Cr₹48.00 Cr
FY2024₹40.29 Cr₹62.23 Cr₹0.98 Cr₹3.83 Cr₹10.84 Cr₹23.36 Cr

Grey Market Premium

GMP PriceNot Available
Kostak RateNot Available
Subject to SaudaNot Available
Last UpdatedNot Available
Estimated Listing PriceTBA

IPO Subscription Data

Total SubscriptionPending
QIB (Ex Anchor)Pending
HNI SubscriptionPending
Retail SubscriptionPending
Anchor-

IPO Intermediaries

Registrar: Skyline Financial Services Pvt. Ltd.

Registrar Website: Not explicitly stated in the source

IPO Lead Manager(s)

NEXGEN Financial Solutions Pvt. Ltd.

Company Information

Address: Shop No. 4, 4/1, Nayapura Main Road, Indore, Madhya Pradesh - 452009

Website: https://shaktipolytarp.com/

Email: md@shaktipolytarp.com

Phone: +91-9826648050

IPO Documents

Frequently Asked Questions (FAQ)

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