Shree TNB Polymers IPO: Dates, Price Band & Rs 31 Cr Details

Shree TNB Polymers is launching an initial public offering to raise up to Rs 31 crore, featuring a price band of Rs 47 to 52 per equity share.

IPO Key Figures and Timeline

• Total shares offered: 60,00,000 equity shares.
• Price band: Rs 47-52 per share.
• Subscription start date: September 25, 2026.
• Subscription close date: September 29, 2026.
• Face value: Rs 10 per share.
• Listing platform: SME Platform of BSE.

The company prices its shares at 4.70 times of face value on the lower side and 5.20 times on the higher side. Corporate Makers Capital serves as the book running lead manager for the issue, while Niyati Vishal Shah acts as the compliance officer.

Polymer Product Portfolio

Shree TNB Polymers operates as a polymer manufacturing company specializing in piping systems and plastic solutions. The enterprise offers a product portfolio comprising HDPE pipes and fittings, PP and PPH pipes and fittings, DWC pipes, sprinkler pipes, drip irrigation systems, solid industrial sheets, and Well pack sheets.

The company designs its products to serve critical applications across agriculture, infrastructure, and industrial sectors. Key deployment areas include potable water supply schemes, irrigation, drainage systems, telecom cable protection, and construction projects.

Specialized Industrial Applications

The firm deploys its HDPE piping systems in underground water extraction, borewells, seawater intake systems, desalination plants, and dredging operations. These applications highlight the manufacturer’s capability to handle both conventional and high-performance environments.

Value-added segments feature Well pack sheets used for signage, advertising boards, and packaging, alongside solid industrial sheets utilized in chemical tanks, scrubber linings, and automotive components. Furthermore, the organization deploys DWC pipes in highway infrastructure projects, cable ducts, and underground sewerage networks.

Proceed Utilization

The polymer manufacturer directs the proceeds from the public offering toward capital expenditure for the purchase of machinery.