Shakti Polytarp IPO
Open nowSMEPackaging
0.64×
Subscribed
Price band
₹56 – ₹59
Lot size
2,000
1 lot = ₹1,18,000
Issue size
₹26.93 Cr
Open – close
15 Sept 2026
to 17 Sept 2026
Listing
22 Sept 2026
What the filing actually says
Our read of the offer document and the exchange data — not the issuer's summary of itself
We can't judge this issue yet. A verdict needs at least three independent dimensions — valuation, growth, profitability, balance sheet, issue structure, governance or demand — and this issue does not yet publish enough of them for a read that would mean anything. No offer document for this issue has been published yet. A confident score from two fields would be worse than this notice.
Dates
The issuer's tentative timetable — a date passing is not confirmation the step completed
- Opens15 Sept 2026
- Closes17 Sept 2026
- Allotment18 Sept 2026
- Listing22 Sept 2026
Demand and your odds
How the book filled, and what that means for an application
Subscription by category
Qualified institutionalQIB0.00x
Non-institutionalNII / HNI1.51x
Big NIIabove ₹10L2.11x
Small NII₹2L – ₹10L0.30x
Retail individualRII0.11x
111 applications received — how many people bid, as opposed to how much money did. Exchange figures as of 15 Sept 2026.
Chance of allotment
Retail0.11× subscribed
Full allotment
Minimum 2 lots · 4,000 shares · ₹2,36,000 blocked
The retail portion is under-subscribed at 0.11×, so every valid application should receive a full allotment.
HNI / NII1.51× subscribed
~1 in 1.5
Minimum 1 lot · 2,000 shares · ₹1,18,000 blocked
HNI is 1.51× subscribed. This category is allotted proportionately, so a bid receives roughly 1/1.5 of the shares applied for, subject to the minimum-lot draw.
Derived from SEBI's allotment mechanics and the subscription figures beside it. Retail allotment is a lottery on a single lot, so applying for more lots does not improve your chance of getting something.
The offering
Terms, structure and who is selling
Terms
Price band₹56 – ₹59
Face value₹10
Lot size2,000shares
Minimum application₹1,18,000at cut-off
Total issue size₹26.93 Cr
Listing atSME platform
Anchor investorsAllotted
Company & valuation
ISININE05UY01016
RegistrarSkyline Financial Services Pvt
What happened to comparable issues
The last 8 issues to list with a recorded opening price, most comparable first
Median listing gain
+11.5%
Listed up
6 of 8
Best
+90.0%
Millworks Technologies
Worst
-0.7%
Mopshop Distribution
Shanti Inorganicssame segment
142.2× sub+90.0%
Dhanwel Hybrid Seedssame segment
1.6× sub+0.0%
Mopshop Distributionsame segment
1.6× sub-0.7%
Anawil Wire and Engineeringsame segment
149.1× sub+22.1%
Fusion Klassroom Edutechsame segment
1.5× sub+6.9%
Dhaval Packagingsame segment
50.0× sub+13.4%
Sotefin Bharatsame segment
4.0× sub+9.6%
Millworks Technologiessame segment
219.5× sub+90.0%
Past issues are context, not a forecast — this issue is a different company at a different price. We show it because "how have issues like this one actually opened" is a question with a real answer, and grey-market premium is not that answer.
About Shakti Polytarp
Shakti Polytarp is a manufacturer of tarpaulin and water-resistant materials used for protecting goods, equipment, and other products from rain, moisture, and weather-related exposure. Its tarpaulins are manufactured using PP granules, LLDPE, LDPE, and HDPE and are available in different sizes, colours, specifications and thicknesses ranging from 70 GSM to 450 GSM. The company specialises in manufacturing six-layer and eight-layer tarpaulins and sells its products under the brand name Dinotarp. Its manufacturing unit is located at Nimrani, Khargone, Madhya Pradesh, and spans approximately 198,450 sq. ft. The facility is equipped with an extrusion tape line, extrusion lamination, circular looms, sealing machines, and recycling machines. Products undergo examination, testing, and evaluation for compliance with customer specifications and industry standards. The company also sells granules used as raw materials in tarpaulin manufacturing. It primarily operates on a B2B model, supplying products to businesses across industries, while also catering to B2C customers.
Founded 2018MD Mr. Ravi SinghalSector Packaging
Offer documents
The primary sources everything above is drawn from
Common questions
How many times is the Shakti Polytarp IPO subscribed?
Shakti Polytarp is subscribed 0.64× overall (QIB 0.00×, NII 1.51×, retail 0.11×). Subscription keeps changing until the issue closes; the final basis of allotment is published by the registrar, Skyline Financial Services Pvt.
What is the minimum investment in the Shakti Polytarp IPO?
One lot is 2,000 shares, so a retail application at the ₹59 cut-off price blocks ₹1,18,000. Retail applications are capped at ₹2,00,000; above that you bid in the HNI category, where allotment is proportionate rather than by lottery.
When is the Shakti Polytarp IPO allotment date?
Allotment is scheduled for 2026-09-18, with listing on 2026-09-22. These dates are the issuer's tentative timetable — a date passing is not confirmation that the step completed. Allotment status is published by the registrar, Skyline Financial Services Pvt.
Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey-market premium is unofficial and is not a forecast. Nothing here is investment advice or a recommendation — read the offer document and consult a SEBI-registered adviser before applying.