Shakti Polytarp IPO Allotment Status: Steps to Verify Status & Key Issue Details

18 September 2026
2 min read
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The allotment status for the ₹26.93 crore Shakti Polytarp IPO is expected to be finalised today, September 18, 2026. Investors can check their IPO allotment status on the official websites of the BSE, and the IPO registrar, Skyline Financial Services Private Limited.

Following the completion of the allotment process, the shares are expected to be listed on the BSE SME platform on September 22, 2026.

Procedure to Check Shakti Polytarp IPO Allotment Status Online on BSE

  • Click here to visit the application status page. 
  • Under Issue Type, select “Equity”.
  • In Issue Name, select “Shakti Polytarp Limited”.
  • Enter your “Application No. or PAN No.”
  • Enter the given Captcha correctly.
  • Click “Submit”.

Procedure to Check Shakti Polytarp IPO Allotment Status on Skyline Financial Services (Registrar to the issue)

  • Visit the Skyline Financial Services IPO allotment status page here.
  • In Company Name, select “SHAKTI POLYTARP LIMITED”.
  • Enter any of the following details.
    • DPID/Client ID/ Folio Number
    • CAF Number
    • PAN Number
  • Click “Search”.

Shakti Polytarp IPO - Issue Details

  • Issue Type: Book Built Issue (Fresh Issue Only)
  • Total Issue Size: Up to ₹26.93 crore 
  • Fresh Issue: Up to ₹26.93 crore
  • Offer for Sale (OFS): Not Applicable
  • Face Value: ₹10 per equity share
  • Price Band: ₹56 to ₹59 per share
  • Lot Size: 2,000 shares
  • Minimum Investment Amount (Retail Investor): ₹2,36,000 (4,000 shares) (based on upper price)
  • Listing: BSE SME
  • Book Running Lead Manager: Nexgen Financial Solutions Private Limited
  • Registrar: Skyline Financial Services Private Limited

Explore other Upcoming IPOs on BSE and NSE.

Utilisation of IPO Proceeds 

The company intends to utilise the net proceeds from the fresh issue towards:

  • Funding capital expenditure requirements of the company
  • General corporate purposes.

Shakti Polytarp IPO Overall Subscription Status

[As of September 17,2026, 7:00 PM]

Category 

Subscription (x)

Qualified Institutional Buyers (QIBs)

49.22x

Non-Institutional Investors (NIIs)

5.43x

Retail Individual Investors (RIIs)

4.12x

Total 

11.87x

About Shakti Polytarp Limited

Incorporated in 2018, Shakti Polytarp Limited manufactures tarpaulins and other plastic products, including shade nets. Its tarpaulins are made using PP, LLDPE, LDPE, and HDPE and are available in various sizes, colours, thicknesses, and specifications. The company focuses on durable six-layer and eight-layer tarpaulins marketed under the “Dinotarp” brand, serving agriculture, construction, automotive, logistics, and other industries.

The company primarily follows a B2B model, supplying bulk orders to businesses and industrial customers while also serving the B2C segment. It also sells plastic granules used in tarpaulin production and provides customised product designs based on customer requirements.

Key Financial Highlights

Particulars 

FY26  

(in ₹ Cr.)

FY25 

(in ₹ Cr.)

FY24

(in ₹ Cr.)

Revenue from Operations 

215.65 

166.24 

620.11 

Profit After Tax

10.06 

4.97

0.98

EBITDA 

192.89 

106.88 

3.83

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

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