Shree TNB Polymers IPO Day 2: Subscription Status on 29 September 2026
- September 29, 2026
- Posted by: Harsh Piplani
- Category: IPO
Shree TNB Polymers IPO Day 2, 29 Sep 2026. Subscribed 0.29x at Day 1 close: NII 0.66x, QIB 0.41x, Retail 0.05x. Band Rs 50-53. Closes 5 Oct.
Quick Answer
The Shree TNB Polymers IPO is on Day 2 of bidding on 29 September 2026, after a mixed opening day. The Shree TNB Polymers IPO closed Day 1 subscribed 0.29 times overall, with NII at 0.66 times and QIB at 0.41 times while retail stood at just 0.05 times. Bidding remains open until 5 October 2026, and investors should track the live category wise numbers on BSE through the day.
The Shree TNB Polymers IPO has entered Day 2 of its bidding window, which opened on 28 September 2026 and closes on 5 October 2026. Shree TNB Polymers Limited, a Silvassa-based polymer piping and plastics manufacturer, is raising about Rs 31.80 crore entirely through a fresh issue, and the shares are proposed to list on the BSE SME platform. The latest full session data available is the Day 1 close of 28 September 2026.
Day 1 bidding for the issue closed with the issue subscribed 0.29 times overall, with NII at 0.66 times and QIB at 0.41 times, but retail at only 0.05 times. The issue runs to 5 October on its revised price band, so there are several sessions left for demand to build.
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Shree TNB Polymers IPO Details
The table below sets out the key parameters of the issue.
| 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 Subscription Status Day 2
Bidding for the issue is updated through the trading session on BSE. The table below shows the position at the close of Day 1 along with the figure recorded so far on Day 2.
| Investor Category | Subscription at Day 1 Close (28 Sep, 5:06 PM) | Subscription So Far (Day 2, 29 Sep) |
|---|---|---|
| Qualified Institutional Buyers (QIB) | 0.41 times | Updating |
| Non-Institutional Investors (NII) | 0.66 times | Updating |
| Retail Individual Investors | 0.05 times | Updating |
| Overall | 0.29 times | Updating through the session |
NII and QIB moved first in the issue, while retail is yet to show up. Investors should treat the Day 2 figures as provisional since bidding remains open until 5 October.
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, keeping in mind the issue closes on 5 October.
Download the Univest iOS App or Univest Android App to apply for the issue before the 5 October close.
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.
Conclusion
The issue stood at 0.29 times after Day 1 on its revised price band, with NII and QIB ahead of retail and bidding open until 5 October. Investors considering the issue should review the company financials 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 2?
Ans. The issue closed Day 1 subscribed 0.29 times overall, with NII at 0.66 times and QIB at 0.41 times while retail stood at just 0.05 times, and figures for Day 2, 29 September 2026, are updating through today’s session on BSE.
When does the Shree TNB Polymers IPO close?
Ans. The issue closes for subscription on 5 October 2026, having opened on 28 September 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.
Which category led the Shree TNB Polymers IPO on Day 1?
Ans. Non-institutional investors led the issue on Day 1 at 0.66 times, ahead of QIB at 0.41 times, while retail stood at 0.05 times.
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.
How do I apply for the Shree TNB Polymers IPO before it closes?
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, with listing on the BSE SME platform tentatively scheduled for 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.
