Shakti Polytarp IPO Details
RegistrarSkyline Financial Services Private Limited
Lead managersNEXGEN Financial Solutions Private Limited
Fresh issue₹26.93 Cr
Offer for sale—
Shakti Polytarp Financials ₹ in crore
Detailed financials for this issue aren’t available yet.
Shakti Polytarp IPO Lot Size & Minimum Investment by investor category
| 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.
About Shakti Polytarp
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.
Shakti Polytarp IPO Strengths & Risks as disclosed in the DRHP
▲ Strengths (7)
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 company has established client relationships, fostering new client acquisition and business growth.
The company focuses on manufacturing durable, weather-resistant, and high-performance tarpaulins.
The company offers competitive pricing and customized solutions tailored to specific industry needs.
The company has a robust marketing network and focuses on strong interpersonal relationships with customers.
▼ Risk factors (8)
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.
Under-utilization of the current manufacturing facility or inability to utilize proposed capacity could adversely affect business and financial performance.
The company is dependent on a limited number of customers for a significant portion of its revenues, and the loss of a major customer could adversely affect business.
The company's top 10 suppliers contribute a significant portion of its raw material, and disputes with them may adversely affect business operations.
Extensive government regulation and the impact of plastics on the environment could severely impact the company's ability to continue business operations.
The company had negative cash flows in the past and may continue to have negative cash flows in the future.
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.
RegistrarSkyline Financial Services Private Limited
You will needPAN, application number or demat ID
Issue closes17 Sept 2026
Issue opens
Tue, 15 Sept, 2026
Bidding 10:00 am – 5:00 pm IST
Issue closes
Thu, 17 Sept, 2026
Last day to bid · UPI mandate by 5:00 pm
Allotment finalisedTentative
Fri, 18 Sept, 2026
By Skyline Financial Services; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Mon, 21 Sept, 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Tue, 22 Sept, 2026
NSE SME · trading from 10:00 am IST
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.
Shakti Polytarp IPO Price Band & Lot Size FAQs
What is the price band of Shakti Polytarp IPO?
The Shakti Polytarp IPO price band is ₹56 to ₹59 per share. Applications are made at the cut-off price, which is the upper end of the band.
What is the lot size of Shakti Polytarp IPO?
One lot is 4000 shares, so a single application at the ₹59 cut-off costs ₹2,36,000. One lot already exceeds the ₹2,00,000 retail limit, so this issue can only be applied for in the HNI category.
What is the minimum investment in Shakti Polytarp IPO?
₹2,36,000 — one lot of 4000 shares at ₹59. Bids in the non-institutional category start above ₹2,00,000 and are made in multiples of the lot.
Is Shakti Polytarp IPO a mainboard or SME issue, and on which exchange?
Shakti Polytarp is an SME issue listing on NSE SME. SME issues have a larger minimum lot and trade on the exchange's SME platform after listing. The lead manager is NEXGEN Financial Solutions Private Limited.
What is the issue size of Shakti Polytarp IPO?
The issue size is ₹26.93 crore, of which ₹26.93 crore is a fresh issue.
Shakti Polytarp IPO Registrar where allotment and refund queries go
RegistrarSkyline Financial Services Private Limited
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.
How to Apply for the Shakti Polytarp IPO ASBA and UPI, as SEBI sets them
- Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
- Choose the number of lots and bid at the cut-off price. SME issues take a minimum application of two lots, so the smallest valid bid is the amount shown in the lot table above.
- If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (17 Sept 2026).
- One application per PAN. A second application under the same PAN is rejected, and both may be.
- After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, Skyline Financial Services Private Limited, not to the exchange or the broker.
What is GMP in an IPO?
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.