S

Shree TNB Polymers Ltd

SMEBSE
ListedListed on 8 Oct 2026+13.2%

₹50–53

₹ 23 Cr

4000 Shares

₹ 2,00,000

₹10

Financial Summary

Standalone(in ₹ million)
ParticularsFY 2025-26FY 2024-25
19,812.7317,565.24
18.675.23
19,831.417,570.47
17,825.5215,977.83
1,016.1720.7
713.46577.1

Subscription Details

1.91xTotal
Subscription
1.72x
2.47x
1.70x
0.00x

IPO Timeline

IPO Offer Start

28 Sept 2026

IPO Offer Ends

5 Oct 2026

8 Oct 2026

Use of Proceeds

#PurposeAmount (₹ Million)
1Capital Expenditure for purchase of machinery158.6
2Capital Expenditure for the purchase and installation of Solar panel/ Roof top 25.984
3Part finances the capital expenditure for construction/ installation of Pre-Engineered Building 13.224
4Repayment of certain borrowings56.2
5General Corporate Purpose 25.26

Promoters

Rasikbhai Gokalbhai BhalodiShilpaben Rasikbhai BhalodiVijay Jaysukhlal ThosaniBeena Vijay ThosaniDeepakkumar Qeematrai RauraReeta Deepak RauraKishan Chandulal PatelVipul Gokalbhai BhalodiHasmukhbhai Gokalbhai BhalodiJignaben Vipulbhai BhalodiJalpaben Hasmukhbhai Bhalodi

Book Running Lead Managers

Corporate Makers Capital Ltd

Promoter Shareholding

Pre-IPO

45.56%

Promoter stake

Post-IPO

32.76%

Promoter stake

Offered to Public

42,94,000

shares

Post Share Capital

69,91,827

shares

IPO Registrar

MUFG Intime India Pvt Ltd.

About the Company

Shree TNB Polymers Limited is polymer manufacturing company specializing in piping systems and plastic solutions. The Company primarily offers product portfolio comprising HDPE pipes & fittings, PP (Polypropylene) and PPH (Polypropylene Homopolymer) pipes & fittings, Double Wall Corrugated (DWC) pipes, sprinkler pipes, drip irrigation systems, solid industrial sheets and Well pack sheets for packaging and industrial applications. With a strong focus on engineering excellence, durability, and application-specific performance, TNB Polymers delivers reliable and scalable solutions across infrastructure, agriculture and industrial sectors.

Use of Proceeds

1. Capital Expenditure for purchase of machineries; 2. Capital Expenditure for the purchase and installation of Solar panel/ Roof top; 3. Part finances the capital expenditure for construction/ installation of Pre-Engineered Building (PEB) structure for new manufacturing facility; 4. Repayment of certain borrowings; and 5. To meet out the General Corporate Purposes.

IPO FAQs

The Shree TNB Polymers Ltd IPO has a total of ₹23 crore, calculated at the upper end of the .

The Shree TNB Polymers Ltd IPO is priced at ₹50–53 per share. bids must fall within this , against a of ₹10 per share.

The for the Shree TNB Polymers Ltd IPO is 4,000 shares, which is also the minimum order quantity — you have to apply for at least 4,000 shares, and in multiples of 4,000 beyond that.

The minimum investment in the Shree TNB Polymers Ltd IPO is about ₹2,00,000 — one lot of 4,000 shares, calculated at the lower end of the .

Bidding at the cut-off or upper price raises the amount blocked in your account.

The Shree TNB Polymers Ltd opens on 28 Sept 2026 and closes on 5 Oct 2026.

Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.

Shree TNB Polymers Ltd shares were listed on 8 Oct 2026 on BSE.

MUFG Intime India Pvt Ltd. is the for the Shree TNB Polymers Ltd IPO.

The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone +91 810 811 8484 and email rnt.helpdesk@in.mpms.mufg.com.

Shree TNB Polymers Ltd IPO shares are listed on BSE.

Each Shree TNB Polymers Ltd share has a of ₹10.

Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.

held 45.56% of Shree TNB Polymers Ltd before the IPO, which falls to 32.76% after the issue.

42,94,000 shares of Shree TNB Polymers Ltd are being offered to the public in this issue.

The Shree TNB Polymers Ltd IPO has been subscribed 1.91x overall — 1.70x, 2.47x and 1.72x.

figures update through the issue period until it closes.

  1. 1.Capital Expenditure for purchase of machineries
  2. 2.Capital Expenditure for the purchase and installation of Solar panel/ Roof top
  3. 3.Part finances the capital expenditure for construction/ installation of Pre-Engineered Building (PEB) structure for new manufacturing facility
  4. 4.Repayment of certain borrowings
  5. 5.To meet out the General Corporate Purposes

Corporate Makers Capital Ltd is the book running lead manager for the Shree TNB Polymers Ltd IPO.

Pre-apply means placing your Shree TNB Polymers Ltd application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.

Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.

You can apply in the Shree TNB Polymers Ltd IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.

Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.

Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.

You can check the Shree TNB Polymers Ltd bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.