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.
Explore other Upcoming IPOs on BSE and NSE.
The company intends to utilise the net proceeds from the fresh issue towards:
[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 |
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.
|
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.
To read the RA disclaimer, please click here.