Shakti Polytarp IPO Day 1: Subscription Opens Today, 15 September 2026
- September 15, 2026
- Posted by: Harsh Piplani
- Category: IPO
Shakti Polytarp IPO opens today, 15 Sep 2026, closes 17 Sep 2026. Price band Rs 56-59. Lot size 2,000 shares. Lists on BSE SME on 22 Sep.
Quick Answer
The Shakti Polytarp IPO opens for subscription today, 15 September 2026, and will remain open until 17 September 2026. Shakti Polytarp Limited manufactures tarpaulin and other products including Shade Net under the Dinotarp brand, and is raising about Rs 26.93 crore entirely through a fresh issue. The price band is set at Rs 56 to Rs 59 per share, 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, category wise subscription figures will start reflecting real demand as the day progresses, so investors should track the live numbers through the session before deciding.
Shakti Polytarp Limited, incorporated in March 2018 and based in Indore, has opened its IPO for subscription today, 15 September 2026. The Shakti Polytarp IPO is a book built SME issue worth about Rs 26.93 crore, comprising entirely a fresh issue of 45,64,000 shares, and will remain open for bidding until 17 September 2026. The equity shares are proposed to be listed on the BSE SME platform.
The company manufactures tarpaulins using PP granules, LLDPE, LDPE and HDPE, available in sizes and thicknesses ranging from 70 GSM to 450 GSM, specialising in six-layer and eight-layer tarpaulins sold under the Dinotarp brand, alongside Shade Net products. Its manufacturing unit spans approximately 198,450 square feet at Nimrani, Khargone in Madhya Pradesh, and the fresh issue proceeds of the Shakti Polytarp IPO are earmarked for capital expenditure and general corporate purposes.
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Shakti Polytarp IPO Details
The table below sets out the key parameters of the issue, including the price band, lot size and important dates.
| Open Date | 15 September 2026 |
| Close Date | 17 September 2026 |
| Face Value | Rs 10 per share |
| Price Band | Rs 56 to Rs 59 per share |
| Lot Size | 2,000 shares |
| Issue Size | Rs 26.93 crore (entirely fresh issue) |
| Issue Type | Book Built Issue, SME |
| Listing At | BSE SME |
| Allotment Date | 18 September 2026 |
| Listing Date | 22 September 2026 |
Shakti Polytarp IPO Quick Facts
| Particulars | Snapshot |
|---|---|
| Minimum retail investment | Rs 2,36,000 (2 lots, 4,000 shares) |
| Minimum HNI investment | Rs 3,54,000 (3 lots, 6,000 shares) |
| Registrar | Skyline Financial Services Pvt Ltd |
| Lead Manager | NEXGEN Financial Solutions Pvt 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.
Shakti Polytarp IPO Share Reservation
Of the net offer in the issue, qualified institutional buyers are allocated about 31.98 percent, non-institutional investors about 31.56 percent, and retail individual investors about 36.46 percent, alongside a separate market maker reservation. Retail bidders must apply for a minimum of 2 lots, or 4,000 shares.
Shakti Polytarp IPO Subscription Status Day 1
Bidding for the issue has opened today, 15 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 (15 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 Shakti Polytarp 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 Rs 56 to Rs 59 band, in multiples of 2,000 shares.
- Submit the application through the UPI-based ASBA method, which blocks the bid amount in your bank account rather than debiting it immediately.
- Approve the UPI mandate on your phone before the daily cut off time, and remember the issue closes on 17 September.
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 Shakti Polytarp Limited
Shakti Polytarp Limited, incorporated in March 2018, manufactures tarpaulins and Shade Net products used across agriculture, construction, automotive, transportation and logistics, and consumer goods applications, sold under the Dinotarp brand from its Nimrani, Khargone facility in Madhya Pradesh. The Indian tarpaulin industry is expected to benefit from agri-logistics modernisation and infrastructure expansion between FY2026 and FY2033, ahead of the issue.
Conclusion
The issue has opened for bidding today, 15 September 2026, backed by an established tarpaulin manufacturing business under the Dinotarp brand. Investors considering the issue should study the company’s debt levels and SME liquidity risks alongside the financials 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 Shakti Polytarp IPO subscription status on Day 1?
Ans. The issue opened for bidding today, 15 September 2026, so Day 1 category wise figures are still filling in through the trading session. Investors can track the live QIB, NII and retail numbers on BSE as the day progresses.
When does the Shakti Polytarp IPO open and close?
Ans. The issue opened for subscription today, 15 September 2026, and will close on 17 September 2026, a standard three day bidding window for an SME issue.
What is the Shakti Polytarp IPO price band and lot size?
Ans. The issue price band is Rs 56 to Rs 59 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 2,36,000 at the upper price band.
What is the issue size and structure of the Shakti Polytarp IPO?
Ans. The issue is entirely a fresh issue worth about Rs 26.93 crore, comprising 45,64,000 equity shares, with no offer for sale component.
How are shares reserved across investor categories in the Shakti Polytarp IPO?
Ans. Of the net offer in the issue, qualified institutional buyers are allocated about 31.98 percent, non-institutional investors about 31.56 percent, and retail individual investors about 36.46 percent.
What is the Shakti Polytarp 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 Shakti Polytarp IPO?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method. Select the IPO, enter your bid quantity in multiples of 2,000 shares and your price within the Rs 56 to Rs 59 band, then approve the UPI mandate before the daily cut off.
When will the Shakti Polytarp IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 18 September 2026, and the shares are tentatively scheduled to list on the BSE SME platform on 22 September 2026.
What does Shakti Polytarp Limited do?
Ans. Shakti Polytarp Limited manufactures tarpaulins in six-layer and eight-layer specifications sold under the Dinotarp brand, alongside Shade Net products, serving agriculture, construction, automotive and logistics customers.
Who are the registrar and lead manager for the Shakti Polytarp IPO?
Ans. Skyline Financial Services Pvt Ltd is the registrar for the issue, and NEXGEN Financial Solutions Pvt Ltd is the book running lead manager for the issue.
