Shree TNB Polymers IPO Day 1: Subscription Opens Today, 28 September 2026
- September 28, 2026
- Posted by: Harsh Piplani
- Category: IPO
Shree TNB Polymers IPO opens 28 Sep 2026, closes 5 Oct 2026. Revised price band Rs 50-53. Lot size 2,000 shares. Lists on BSE SME on 8 Oct.
Quick Answer
The Shree TNB Polymers IPO opens for subscription today, 28 September 2026, and will remain open until 5 October 2026. Shree TNB Polymers Limited is a Silvassa-based polymer manufacturer of piping systems and plastic solutions for irrigation, water supply and industrial applications, and is raising about Rs 31.80 crore entirely through a fresh issue. The price band is set at Rs 50 to Rs 53 per share (revised), with a lot size of 2,000 shares, and the shares are proposed to list on the BSE SME platform. Since bidding has only just opened, subscription figures will start reflecting real demand as the days progress, so investors should track the live numbers through the session before deciding.
Shree TNB Polymers Limited, incorporated in March 2007, has opened its IPO for subscription today, 28 September 2026, with a revised price band and schedule. The Shree TNB Polymers IPO is a book built SME issue worth about Rs 31.80 crore at the upper price band, comprising entirely a fresh issue of 60 lakh shares with no offer for sale component, and will remain open for bidding until 5 October 2026. The equity shares are proposed to be listed on the BSE SME platform.
The company manufactures HDPE pipes and fittings, PP and PPH pipes and fittings, Double Wall Corrugated pipes, sprinkler and drip irrigation systems and industrial sheets under the NOBLE, TIRUPATI and WELLPACK brands, from two facilities in Silvassa with a combined installed capacity of 24,000 MT per annum, and sells through more than 325 dealers. The price band has been revised from the earlier Rs 47 to Rs 52 indication, and the bidding window now runs to 5 October.
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Shree TNB Polymers IPO Details
The table below sets out the key parameters of the Shree TNB Polymers IPO, including the price band, lot size and important dates.
| Open Date | 28 September 2026 |
| Close Date | 5 October 2026 |
| Face Value | Rs 10 per share |
| Price Band | Rs 50 to Rs 53 per share (revised) |
| Lot Size | 2,000 shares (minimum bid 4,000 shares) |
| Issue Size | Rs 31.80 crore (entirely fresh issue) |
| Issue Type | Book Built Issue, SME |
| Listing At | BSE SME |
| Allotment Date | 6 October 2026 |
| Listing Date | 8 October 2026 |
Shree TNB Polymers IPO Quick Facts
| Particulars | Snapshot |
|---|---|
| Minimum retail investment | Rs 2,12,000 (2 lots, 4,000 shares) |
| Minimum HNI investment | Rs 3,18,000 (3 lots, 6,000 shares) |
| Registrar | MUFG Intime India Pvt Ltd |
| Lead Manager | Corporate Makers Capital Ltd |
This snapshot is meant as a quick reference alongside the fuller details table above, so investors scanning the issue on mobile can find the essentials without scrolling through the whole page.
Shree TNB Polymers IPO Share Reservation
The issue follows the standard SEBI framework for a book built SME issue, with a separate market maker reservation alongside allocations for institutional, non-institutional and retail investors. Retail bidders must apply for a minimum of 2 lots, or 4,000 shares.
Shree TNB Polymers IPO Subscription Status Day 1
Bidding for the issue has opened today, 28 September 2026, so the category wise numbers below will fill in as the session progresses. QIB and larger HNI bids in SME issues can arrive at any point through the bidding window.
| Investor Category | Subscription Status, Day 1 (28 Sep) |
|---|---|
| Qualified Institutional Buyers (QIB) | Bidding just opened, updating through the session |
| Non-Institutional Investors (NII) | Bidding just opened, updating through the session |
| Retail Individual Investors | Bidding just opened, updating through the session |
| Overall | Bidding just opened, updating through the session |
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Shree TNB Polymers IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the revised Rs 50 to Rs 53 band, with a minimum bid of 4,000 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, and remember the issue closes on 5 October.
Download the Univest iOS App or Univest Android App to apply for the issue on its opening day.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
About Shree TNB Polymers Limited
Shree TNB Polymers Limited, incorporated in March 2007 to consolidate four erstwhile partnership firms with operations tracing back to 2001, manufactures polymer piping systems and plastic products from Silvassa, serving irrigation, water supply, drainage, telecom cable protection and industrial customers, ahead of the issue.
Conclusion
The issue has opened for bidding today, 28 September 2026, on a revised price band and an extended bidding window running to 5 October. Investors considering the issue should study the company raw material cost exposure and SME liquidity risks in the RHP on bseindia.com, and apply only after independent due diligence.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the Shree TNB Polymers IPO subscription status on Day 1?
Ans. The issue opened for bidding today, 28 September 2026, so Day 1 category wise figures are still filling in through the trading session. Investors can track the live numbers on BSE as the day progresses.
When does the Shree TNB Polymers IPO open and close?
Ans. The issue opened for subscription today, 28 September 2026, and will close on 5 October 2026.
What is the Shree TNB Polymers IPO price band and lot size?
Ans. The issue revised price band is Rs 50 to Rs 53 per share, with a lot size of 2,000 shares. Retail investors must apply for a minimum of 2 lots, or 4,000 shares, taking the minimum investment to about Rs 2,12,000 at the upper price band.
What is the issue size and structure of the Shree TNB Polymers IPO?
Ans. The issue is entirely a fresh issue of 60 lakh equity shares worth about Rs 31.80 crore at the upper price band, with no offer for sale component.
What is the Shree TNB Polymers IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision, especially this early in the bidding window.
How do I apply for the Shree TNB Polymers IPO?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, enter your bid quantity and price within the revised Rs 50 to Rs 53 band, with a minimum bid of 4,000 shares, then approving the UPI mandate before the daily cut off.
When will the Shree TNB Polymers IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 6 October 2026, and the shares are tentatively scheduled to list on the BSE SME platform on 8 October 2026.
What does Shree TNB Polymers Limited do?
Ans. Shree TNB Polymers Limited manufactures HDPE, PP and PPH pipes and fittings, Double Wall Corrugated pipes, sprinkler and drip irrigation systems, and industrial sheets under the NOBLE, TIRUPATI and WELLPACK brands.
Has the Shree TNB Polymers IPO schedule or price band changed?
Ans. Yes, the issue now opens on 28 September 2026 and runs until 5 October 2026 at a revised price band of Rs 50 to Rs 53 per share, replacing the earlier indication of Rs 47 to Rs 52 per share.
Who are the registrar and lead manager for the Shree TNB Polymers IPO?
Ans. MUFG Intime India Pvt Ltd is the registrar for the issue, and Corporate Makers Capital Ltd is the book running lead manager for the issue.
