
Chemicals · BSE
Shakti Polytarp Limited, incorporated in March 2018, is engaged in manufacturing tarpaulins and other plastic-based products, including shade nets. Its tarpaulins are durable and water-resistant sheets used to protect goods, equipment and materials from rain, moisture, sunlight and other environmental conditions. The Company manufactures these products using materials such as Polypropylene (PP), LLDPE, LDPE and HDPE and offers them in different sizes, colours, thicknesses and specifications based on customer requirements, with a focus on six-layer and eight-layer tarpaulins. Its products are marketed under the “Dinotarp” brand and are used across agriculture, construction, automotive, transportation and logistics, consumer goods and other industries. The Company mainly follows a B2B model, supplying bulk orders to businesses and industrial customers while also serving B2C customers. It also trades in plastic granules used as raw materials and provides customised product designs based on specific applications. Shakti Polytarp operates a manufacturing facility in Nimrani, Khargone, Madhya Pradesh, spread across approximately 1,98,450 sq. ft., equipped with modern extrusion, lamination, weaving, sealing and recycling machinery, with production capabilities ranging from 70 GSM to 450 GSM. As of June 30, 2026, the Company had 114 permanent employees, with most engaged in operations and manufacturing.
Price Band
₹56 – ₹59
Issue Size
₹456.40 L Cr
Lot Size
2000 shares
GMP
+13.6%
Est. Listing
₹67
at current GMP
Subscribed
11.94x
overall
Open
15 Sep 2026
Close
17 Sep 2026
Allotment
18 Sep 2026
Refund
19 Sep 2026
Demat Credit
20 Sep 2026
Listing
22 Sep 2026
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
18 Sep 2026
Basis finalization
Refunds Initiate
19 Sep 2026
Mandate release
Demat Credit
20 Sep 2026
Shares in demat
Listing Debut
22 Sep 2026
Trading begins
Shakti Polytarp Limited is bringing an initial public offering (IPO) in the Chemicals sector with an aggregate issue size of ₹45,64,000 Crores. The shares are offered at a price band of ₹56 to ₹59 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-09-17, the basis of allotment is scheduled to be finalized on 2026-09-18. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.