Shakti Polytarp IPO Day 3: Subscription Closes Today, 17 September 2026
- September 17, 2026
- Posted by: Harsh Piplani
- Category: IPO
Shakti Polytarp IPO closes today, 17 Sep 2026. Subscribed 0.72x through Day 2 (5:08 PM): NII 1.55x, Retail 0.26x, QIB 0.00x. Price band Rs 56-59.
Quick Answer
The Shakti Polytarp IPO is on its final day of bidding on 17 September 2026, with the subscription window closing today. The issue has built gradually through its bidding window, moving from 0.64 times at the Day 1 close to around 0.72 times by the close of Day 2, with non-institutional investors leading at 1.55 times while retail stood at 0.26 times and QIB remained at 0.00 times. With bidding open until the end of today’s session, the final Shakti Polytarp IPO subscription figure depends heavily on retail and QIB demand in the closing hours.
Shakti Polytarp Limited, a tarpaulin manufacturer under the Dinotarp brand, has reached the final day of its IPO subscription window today, 17 September 2026. The Shakti Polytarp IPO opened on 15 September and is a book built SME issue worth about Rs 26.93 crore, entirely a fresh issue. The shares are proposed to list on the BSE SME platform.
Demand for the issue has built only gradually, moving from 0.64 times through Day 1 to around 0.72 times by the close of Day 2, with NII the only category to comfortably clear full subscription. Retail and QIB bidding have both stayed thin, and today’s closing session is the last opportunity for these categories to catch up before the deadline.
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Shakti Polytarp IPO Details
The table below sets out the key parameters of the issue.
| Open Date | 15 September 2026 |
| Close Date | 17 September 2026 |
| 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 Subscription Status Day 3
The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the close of Day 2.
| Session | Overall | NII | Retail | QIB |
|---|---|---|---|---|
| Day 1 close (15 Sep, 5:44 PM) | 0.64x | 1.51x | 0.11x | 0.00x |
| Day 2 close (16 Sep, 5:08 PM) | 0.72x | 1.55x | 0.26x | 0.00x |
| Day 3, closing day so far (17 Sep) | Updating through the session | |||
Non-institutional investors have consistently led the issue, while retail and QIB have room to build significantly before today’s deadline. Investors should check the live BSE numbers as the session progresses.
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 so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone well before the cut off today, since the issue closes for good after this session.
Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.
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 closes today with subscription still below full book at around 0.72 times, led throughout by NII demand while retail and QIB have room to grow in the final hours. Investors considering the issue should review the company financials and risk factors in the RHP on bseindia.com, and apply only after independent due diligence before the window shuts today.
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 3?
Ans. On the closing day, 17 September 2026, the issue carries forward a Day 2 close of around 0.72 times overall, with NII at 1.55 times, retail at 0.26 times, and QIB still at 0.00 times, and figures are updating through today’s final session.
When does the Shakti Polytarp IPO close?
Ans. The issue closes for subscription today, 17 September 2026, having opened on 15 September 2026.
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, taking the minimum investment to about Rs 2,36,000 for two lots.
Which category led the Shakti Polytarp IPO subscription?
Ans. Non-institutional investors led the issue throughout the bidding window, reaching 1.55 times by the Day 2 close, while retail stood at only 0.26 times and QIB remained unsubscribed.
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.
How do I apply for the Shakti Polytarp 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, entering your bid in multiples of 2,000 shares within the Rs 56 to Rs 59 band and approving the UPI mandate before today’s 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, with listing on the BSE SME platform tentatively scheduled for 22 September 2026.
Is the Shakti Polytarp IPO likely to close fully subscribed?
Ans. With the issue running at around 0.72 times through Day 2 and retail and QIB still well below full subscription, the issue would need a strong final session to cross full subscription overall, though the outcome should be confirmed on BSE once bidding closes today.
What does Shakti Polytarp Limited do?
Ans. Shakti Polytarp Limited manufactures tarpaulins under the Dinotarp brand, alongside Shade Net products, serving agriculture, construction, automotive and logistics customers from its Nimrani, Khargone facility in Madhya Pradesh.
