Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |

Shakti Polytarp Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.54 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. NEXGEN Financial Solutions Pvt. Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Shakti Polytarp IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 53,85,000 shares (agg. up to ₹[.] Cr) |
| Reserved for Market Maker | 2,70,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue (Ex Market Maker) | 51,15,000 shares (agg. up to ₹[.] Cr) |
| Net Offered to Public | 51,15,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,25,64,000 shares |
| Share Holding Post Issue | 1,79,49,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Apr 30, 2025 |
| Offer document withdrawn | Sat, Aug 2, 2025 |
| Filed with SEBI/Exchange | Mon, Sep 29, 2025 |
| SEBI/Exchange approval received | Tue, Jan 20, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Net Offer |
| NII Shares Offered | Not less than 15.00% of the Net Offer |
Incorporated in March 2018, Shakti Polytarp Limited manufactures tarpaulin and Shade Net.
The company's products are used in agriculture, construction, automotive, transportation, logistics, and consumer goods.
The company offers comprehensive services, helping clients choose the appropriate tarpaulin and providing design and customization options for their applications.
The company's manufacturing unit spans 18,432 sq. meters and is located in Khargone, Madhya Pradesh.
The company engages in B2B sales of granules used to produce tarpaulin through melting, extrusion, weaving, and lamination.
The company operates on a B2B (Business-to-Business) model, supplying tarpaulin and other products to various industries and in the B2C (Business-to-Consumer) segment, offering its products directly to consumers.
As of January 31, 2025, the company had a total of 76 employees on its payroll.
Competitive Strength:
Shakti Polytarp Ltd.'s revenue increased by 168% and profit after tax (PAT) rose by 406% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 71.39 | 40.29 | 33.70 |
| Total Income | 166.50 | 62.23 | 46.23 |
| Profit After Tax | 4.97 | 0.98 | 0.56 |
| EBITDA | 10.69 | 3.83 | 3.09 |
| NET Worth | 17.80 | 10.84 | 7.35 |
| Reserves and Surplus | 5.24 | 5.13 | 2.64 |
| Total Borrowing | 48.00 | 23.36 | 16.77 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure | 19.88 |
| 2 | General Corporate Purposes |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 34.68% |
| ROCE | 14.87% |
| Debt/Equity | 2.70 |
| RoNW | 34.68% |
| PAT Margin | 2.99% |
| EBITDA Margin | 6.43% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 90.9% |
Lead Manager Reports
Shakti Polytarp IPO is a SME IPO of 53,85,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Shakti Polytarp IPO open and close dates are not available as of now.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Shakti Polytarp IPO using UPI as a payment gateway. Zerodha customers can apply in Shakti Polytarp IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Shakti Polytarp IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Shakti Polytarp IPO dates are not announced. Please check back again after some time.
Shakti Polytarp IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Shakti Polytarp IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Shakti Polytarp IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Shakti Polytarp IPO allotment status.
The Shakti Polytarp IPO listing date is not yet announced. The tentative date of listing is .