care@investkraft.com
+91-9599071040
+91-9797971876
Download RHP
Latest GMP
- Lead Manager
- NEXGEN Financial Solutions Pvt. Ltd.
- IPO Registrar
- Skyline Financial Services Private Limited
- IPO Open Date
- 15th Sep 2026
- IPO Close Date
- 17th Sep 2026
- Allotment date
- 18th Sep 2026
- Listing date
- 22nd Sep 2026
- Issue Size
- ₹ 27 Cr.
- Issue Price Band
- ₹ 56 to 59
- Lot Size
- 2000 Share
- Minimum Investment
- ₹ 236000
Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.
About Shakti Polytarp Limited
Incorporated in March 2018 as Shakti Polytarp Limited, the Company is engaged in the manufacturing of tarpaulins and other plastic-based products, including shade nets. Tarpaulins are water-resistant and durable sheets used to protect goods, equipment, and other materials from rain, moisture, sunlight, and other environmental conditions.
Product Portfolio
The Company manufactures tarpaulins using Polypropylene (PP) granules, Linear Low-Density Polyethylene (LLDPE), Low-Density Polyethylene (LDPE), and High-Density Polyethylene (HDPE). Its products are available in different sizes, colours, thicknesses, and specifications as per customer requirements, with a particular focus on manufacturing six-layer and eight-layer durable tarpaulins.
The products are marketed under the “Dinotarp” brand and find applications across agriculture, construction, automotive, transportation and logistics, consumer goods, and other industries.
Business Model
The Company primarily operates under a B2B business model, supplying products through bulk orders to businesses and industrial customers, while also catering to the B2C segment.
In addition to manufacturing tarpaulins, the Company is engaged in the sale of plastic granules, which are used as raw materials in the production of tarpaulins. The Company also provides design and customisation options based on the intended application of its products.
Manufacturing Facility
The Company's manufacturing facility is located at Nimrani, Khargone, Madhya Pradesh, spread across approximately 1,98,450 sq. ft.
The facility is equipped with high-speed extrusion tapelines, extra-wide extrusion lamination machines, high-speed wide-width circular looms, high-strength sealing machines, and recycling machines. The integrated machinery and in-built software systems support production efficiency, accuracy, and quality control. The facility is capable of producing tarpaulins ranging from 70 GSM to 450 GSM.
Workforce
As of June 30, 2026, the Company had 114 permanent employees, with the majority engaged in operations and manufacturing activities.
Competitive Strengths
- Established client relationships
- Product customisation capabilities
- Experienced and qualified management team
- Diverse applications across multiple industries
- In-house manufacturing facility with integrated machinery
- Six-layer and eight-layer tarpaulin manufacturing capabilities
IPO Subscription Details
| Category | Shares Offered | Shares Applied | Subscription Times (x) |
|---|---|---|---|
| Total | 37,42,000 (100.00%) | -- | 0.00 |
Grey Market Premium (GMP)
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|---|
| 11-09-2026 | ₹59 | ₹0 | ₹59 ( 0.00% ) | ₹0.00 | 11-Sep-2026 03:08 PM |
Financials of Shakti Polytarp Limited
A quick overview of the key financial performance of Shakti Polytarp Limited.
Total Assets (₹ Cr)
Revenue (₹ Cr)
Profit after Tax (₹ Cr)
*All values are in Rs. Cr
Company Financials
Revenue increased by 30%, Profit after Tax (PAT) increased by 102%, Total Assets increased by 54% between FY2025 and FY2026.
| Period Ended | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 62.01 | 166.24 | 215.65 |
| Assets | 40.29 | 71.39 | 110.12 |
| Total Income | 62.23 | 166.50 | 216.10 |
| Profit After Tax | 0.98 | 4.97 | 10.06 |
| EBITDA | 3.83 | 10.69 | 19.29 |
| Net Worth | 10.84 | 17.80 | 27.86 |
| Reserves & Surplus | 5.13 | 5.24 | 15.30 |
| Total Borrowings | 23.66 | 48.00 | 72.51 |
IPO Lot Size
Application
Lots
Shares
Amount
Individual Investors (IND) (Min)
2
4,000
₹ 2,36,000
Individual Investors (IND) (Max)
2
4,000
₹ 2,36,000
S-HNI (Min)
3
6,000
₹ 3,54,000
S-HNI (Max)
8
16,000
₹ 9,44,000
B-HNI (Min)
9
18,000
₹ 10,62,000
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Investors (IND) (Min) | 2 | 4,000 | ₹ 2,36,000 |
| Individual Investors (IND) (Max) | 2 | 4,000 | ₹ 2,36,000 |
| S-HNI (Min) | 3 | 6,000 | ₹ 3,54,000 |
| S-HNI (Max) | 8 | 16,000 | ₹ 9,44,000 |
| B-HNI (Min) | 9 | 18,000 | ₹ 10,62,000 |
Key Performance Indicators (KPI)
| KPI | Latest |
|---|---|
| ROE (%) | 44.04 |
| ROCE (%) | 17.87 |
| Debt / Equity | 2.6 |
| RoNW (%) | 44.04 |
| PAT Margin (%) | 4.66 |
| EBITDA Margin (%) | 8.94 |
|
Pre IPO
Post IPO
|
|
| EPS (₹) |
8
-
|
| P/E (x) |
-
-
|
| Promoter Holding (%) |
88.51
64.92
|
| Market Cap | 74 |
IPO Lead Manager(s)
Lead Manager Details
- NEXGEN Financial Solutions Pvt. Ltd.
- Contact Person: Hasan Ullah
- SEBI Registration Number: INM000011682
- Investor Grievance Email:
- Website: https://www.nexgenfin.com
- Email: ipo@nexgenfin.com
- Phone: +91 1141407600
- Address: 709, 55, Madhuban Building, Block G 6, Nehru Place, New Delhi, Delhi - 110019
IPO Registrar
- Registrar Name
- Skyline Financial Services Private Limited
- ipo@skylinerta.com
- Phone
- 011-40450193-197
- Contact Person
- Anuj Rana
- SEBI Registration Number
- INR000003241
- Address
- D-153A, 1st Floor, Okhla Industrial Area Phase-I, New Delhi - 110020, India
- Website
- https://www.skylinerta.com/
Company Contact Details
- Company Name
- Shakti Polytarp Limited
- md@shaktipolytarp.com
- Phone
- +91-9826648050
- Contact Person
- Jitendra Kumar Gupta
- Corporate Identity Number
- U36900MP2018PLC045379
- Address
- Shop No. 4, 4/1, Nayapura Main Road, Indore, Madhya Pradesh, India - 452009
- Website
- http://www.shaktipolytarp.com/
Shakti Polytarp Limited FAQs
