IPO profile
Shakti Polytarp Limited
SHAKTIPOLY · BSE
- Price band
- ₹56 - ₹59
- Subscription
- Not available
Application & Issue Details
- Minimum Quantity
- 2000 shares
- Minimum Application
- ₹1,18,000
- Issue Size
- Rs. 27 Cr
- Face Value
- Not available
Company Overview
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.
Important Dates
- Open Date
- 15 Sept 2026
- Close Date
- 17 Sept 2026
- Allotment Date
- Not available
- Listing Date
- 22 Sept 2026
Issue Timeline
- Issue open date
- Issue close date
- UPI mandate deadline
- Allotment finalization
- Refund initiation
- Share credit
- Listing date
- Mandate end date
- Lock-in end date for anchor investors (50%)
- Lock-in end date for anchor investors (remaining)
Subscription
Subscription data not available yet.
Actual Listing Performance
- Listing Date
- 22 Sept 2026
- Actual Listing Price
- ₹58.9
- Gain/Loss Per Share
- -₹0.1
- Gain/Loss Per Lot
- -₹200
- Listing Gain/Loss %
- -0.17%
- Measured Against
- ₹59
- Lot Size
- 2000 shares
Historical result from the reported listing price, compared with the upper price band (final issue price not reported). Excludes brokerage, taxes and charges.
Company Strengths & Risks
Reported 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.
Key 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.
Company strengths and risks are informational summaries. Review the offer document for complete disclosures.
Documents & Coverage
IPO data last updated 25 Oct 2026, 12:08 pm IST · listing price: NSE/BSE
This page is for informational and educational purposes only. It is not investment advice and not a recommendation to buy, sell, or apply for this IPO. GMP and subscription figures are unofficial/may change. Please make your own independent decision.