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  1. IPO
Shakti Polytarp Limited

Shakti Polytarp Limited

Plastic Products
open
₹2.24LMin. investment
  1. Pre-apply
    11 Sep
  2. Bid start
    15 Sep
  3. Bid end
    17 Sep
  4. Allotment
    18 Sep
  5. Release of funds
    21 Sep
  6. Demat transfer
    21 Sep
  7. Listing
    22 Sep

Shakti Polytarp Limited IPO Details

SectorPlastic Products
Price range₹56.00 – ₹59.00
IPO type
SME
Lot size2000 shares
Issue size₹27Cr
Red Herring Prospectus
Read
Market Cap
₹101.06CrLower than sector avg
RevenueApr 2025 - Mar 2026
₹215.65CrLower than sector avg
Growth rate3Y CAGR
86.48%

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹215.65Cr
This sector
₹428.83Cr
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PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹10.06Cr
This sector
₹23.13Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹101.06Cr
This sector
₹1,429.77Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
7.38
This sector
52.17
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
2.60
This sector
0.88
Compare with companies

Objectives

Capital expenditure
77.50%
General corporate purposes
22.40%

About Shakti Polytarp Limited

Shakti Polytarp Limited, which was established in 2018, produces water-proof tarpaulin products marketed under the Dinotarp brand name. They have various uses, including agriculture, construction, automotive, transport and logistics, as well as consumer goods use. Among other products offered by the company include shade nets, HDPE/PP tape, PP woven fabrics, masterbatch and recycled plastic granules. The organisation deals mainly with B2B clientele due to bulk ordering, with some B2C sales.
The company operates a 1,98,450 sq. ft. manufacturing facility at Nimrani, Khargone, Madhya Pradesh. Installed capacity increased from 6,900 MTPA at 1 April 2025 to 12,900 MTPA at 31 March 2026. Reported FY26 utilisation was 48.66% against year-end capacity, reflecting additions commissioned in January and March 2026; the opening 6,900 MTPA capacity recorded 80.64% utilisation.
Revenue comes from manufactured products and trading in polymer granules. In FY26, tarpaulin sales were ₹99.82 crore, granule sales ₹104.01 crore and other product sales ₹11.81 crore. In terms of geography, Madhya Pradesh contributed 91.77%, Gujarat 4.35% and Maharashtra 2.84% of revenue. All raw materials are sourced within India; the capex programme includes shade-net machinery procured from China.

Frequently asked questions

Investors can apply for the Shakti Polytarp Limited through their Demat account via the stock exchange or through their broker.
The issue size of the Shakti Polytarp Limited is 27 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Ipo opens on 15 Sep 2026, 10:00 AM