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Detailed financials for this issue aren’t available yet.
| Application | Shares | Amount at ₹59 |
|---|---|---|
| Individual investor (min)minimum application | 4,000 | ₹2,36,000 |
The minimum application is 4,000 shares, ₹2,36,000 at the ₹59 cut-off. Since 1 July 2025 SME issues take a minimum application of ₹2,00,000 or more from individual investors; the HNI minimum is set in the RHP. Amounts are shown at the upper band because applications are made at the cut-off price.
Shakti Polytarp Limited is engaged in the manufacturing of tarpaulin and other products including Shade Net. Its products have diverse applications across various industries including agriculture, construction, automotive, transportation & logistics, and consumer goods. The company offers end-to-end services, assisting clients in selecting the right type of tarpaulin for their applications while also providing design and customization options. The company was incorporated in 2018 and is headquartered in Indore, Madhya Pradesh.
The draft red herring prospectus is filed with SEBI before the issue; the red herring prospectus adds the price band and dates just before bidding opens. Both describe the business, the restated financials, the risk factors and how the proceeds will be used.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Shakti Polytarp, the registrar is Skyline Financial Services Private Limited — allotment is finalised in the days between the issue closing on 17 Sept 2026 and listing on 22 Sept 2026.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: Skyline. Your bank will also show the blocked amount released if shares were not allotted.
The offer document for the Shakti Polytarp IPO is linked on this page as filed with the exchange; SEBI and the lead managers also host it.
The Draft Red Herring Prospectus is the document a company files with SEBI before an IPO. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the version filed just before the issue opens, with the price band and dates added.
The company manufactures a wide range of tarpaulins with diverse applications. The company has an in-house manufacturing facility with quality control mechanisms. The management team is experienced and qualified, contributing to business growth. The page lists all 7 as disclosed.
The company's major revenue is sourced from tarpaulin manufacturing, and an inability to manage clients for this product could adversely affect the business. Reliance on a limited range of products exposes the company to substantial risk from market dynamics shifts or reduced demand. The property used by the company as its registered office and manufacturing facility is leased, and termination of agreements could adversely affect operations. The page lists all 8 disclosed risk factors.
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹10 on a ₹59 upper band means the grey market is dealing at ₹69.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.