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Shakti Polytarp Limited
15.31xsubscribed

Shakti Polytarp Limited

Plastic Products
listed
₹2.24LMin. investment

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%

Shakti Polytarp Limited Subscription Status

Date
QIB
NII
Retail
Total
15-Sep-26
0.0 times (X)
0.0 times (X)
0.0 times (X)
0.0 times (X)
16-Sep-26
0.0X
5.15X
0.26X
1.06X
17-Sep-26
49.22X
16.4X
2.9X
15.31X

As on 15-Sep-26, 5:30 PM

Shakti Polytarp Limited Timeline

  1. Pre-apply
    11 Sep 2026
  2. Bid start
    15 Sep 2026
  3. Bid end
    17 Sep 2026
  4. Allotment
    18 Sep 2026
  5. Release of funds
    21 Sep 2026
  6. Demat transfer
    21 Sep 2026
  7. Listing
    22 Sep 2026

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.

Checklist

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Objectives of Shakti Polytarp Limited IPO

Capital expenditure
77.50%
The company will utilise ₹20.88 crore towards capital expenditure
General corporate purposes
22.40%
IPO proceeds will fund general corporate purposes and issue expenses.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹215.65Cr86.48%₹10.06Cr₹101.06Cr7.382.60
This sector (avg.)₹428.83Cr0%₹23.13Cr₹1,429.77Cr52.170.88
₹10,446.25Cr---₹960.88Cr₹44,630.89Cr54.800.01
₹5,832.4Cr---₹518.9Cr₹39,668.88Cr77.840.06
₹4,141.97Cr---₹800.03Cr₹10,908.91Cr22.710.04

*Revenue for financial year 2025-26. Lower P/E and D/E ratios are generally preferred.

Shakti Polytarp Limited Contact Details

Company NameShakti Polytarp Limited

How to apply for Shakti Polytarp Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Shakti Polytarp Limited IPO FAQs

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.
Shakti Polytarp Limited will be open between 2026-09-15 and 2026-09-17.
Shakti Polytarp Limited allotment date is 2026-09-21. For Shakti Polytarp Limited allotment status check, you can visit the website of the registrar of the IPO.
For Shakti Polytarp Limited, the IPO registrar is SKYLINE FINANCIAL SERVICES PRIVATE LIMITED. You can check Shakti Polytarp Limited allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Shakti Polytarp Limited shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Shakti Polytarp Limited lot size is 2000 and minimum order quantity is 4000.
Shakti Polytarp Limited has set the price band for its IPO at 59 per equity share with a face value of 10.