Shakti Polytarp SME IPO: Rs 27 Cr Issue Details & Dates

IPO Details and Timeline

Shakti Polytarp is launching an initial public offering to raise up to Rs 27 crore. The company is offering 4,564,000 shares in a price band of Rs 56 to Rs 59 per share.

• Issue opening date: September 15, 2026.
• Issue closing date: September 17, 2026.
• Face value per share: Rs 10.
• Listing venue: BSE SME Platform.
• Lead Manager: NEXGEN Financial Solutions.
• Compliance Officer: Jitendra Kumar Gupta.

The pricing represents 5.60 times the face value at the lower end and 5.90 times at the higher end of the band. Investors should note these key figures for the upcoming subscription window.

Company Operations and Product Focus

Shakti Polytarp specializes in manufacturing water-resistant tarpaulins designed to protect goods from environmental exposure. Their production process utilizes raw materials including polyethylene, polypropylene, and granules.

• Primary industries served: Construction, agriculture, and transportation.
• Core manufacturing materials: PP Granules, LLDPE, LDPE, and HDPE.
• Business model: Primarily B2B bulk orders with a smaller B2C segment.

The manufacturing facility features integrated machinery such as high-speed extrusion tapelines and wide-width circular looms. These systems utilize in-built software to manage production accuracy and efficiency across their product lines.

Operational Scope and Market Strategy

Beyond finished tarpaulins, the company also engages in the sale of raw granules used in the extrusion and lamination process. Their workflow involves rigorous testing to ensure compliance with industry standards before products reach the market.

The company maintains a focus on bulk supply to industrial clients while simultaneously catering to end-consumers. This dual-segment approach supports their current operational structure as they prepare for their transition to a publicly listed entity on the BSE SME platform.