Shakti Polytarp IPO Details

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

Shakti Polytarp IPO Logo
The exchange has approved the Initial Public Offer (IPO) of Shakti Polytarp Ltd. on January 20, 2026. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The exchange approval is valid for 12 months.

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 Details

IPO Date[.]
Listing Date[.]
Face Value10 per share
Price Band
Lot Size
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE SME

Total Issue Size53,85,000 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 Public51,15,000 shares
(agg. up to ₹[.] Cr)
Share Holding Pre Issue1,25,64,000 shares
Share Holding Post Issue1,79,49,000 shares

IPO DRHP Status

DescriptionDate
Filed with SEBI/ExchangeWed, Apr 30, 2025
Offer document withdrawnSat, Aug 2, 2025
Filed with SEBI/ExchangeMon, Sep 29, 2025
SEBI/Exchange approval receivedTue, Jan 20, 2026

Issue Reservation

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 OfferedNot less than 15.00% of the Net Offer

About Shakti Polytarp Ltd.

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:

  • Diverse usage of products.
  • In-house manufacturing facility.
  • Experienced and Qualified management team.
  • Established client relationship.

Company Financials (Restated)

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 Ended31 Mar 202531 Mar 202431 Mar 2023
Assets71.3940.2933.70
Total Income166.5062.2346.23
Profit After Tax4.970.980.56
EBITDA10.693.833.09
NET Worth17.8010.847.35
Reserves and Surplus5.245.132.64
Total Borrowing48.0023.3616.77
Amount in ₹ Crore

IPO Objects of the Issue

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

Key Performance Indicator (KPI)

KPIMar 31, 2025
ROE34.68%
ROCE14.87%
Debt/Equity2.70
RoNW34.68%
PAT Margin2.99%
EBITDA Margin6.43%
Pre IPOPost IPO
Promoter Holding90.9%
The promoters of the company are Mr. Ravi Singhal, Mr. Vivek Singhal, Mrs. Trisha Singhal and Mrs. Priyal Singhal.

IPO Registrar

Skyline Financial Services Pvt.Ltd.

Contact Details

Shakti Polytarp Ltd. Address
Shop No. 4, 4/1
Nayapura Main Road,
Indore, Madhya Pradesh, 452009
Open an Instant Account with Zerodha

IPO FAQs

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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Shakti Polytarp IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

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 .

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