Shakti Polytarp IPO

Name: Shakti Polytarp IPO
Brand: Shakti Polytarp
Availability: PreOrder

Upcoming SME

Min Investment

₹2,36,000

4000 Shares

Min Investment

₹2,36,000 · 4000 Shares

Open Sept 15

Close Sept 17

Allotment Sept 18

Refund Sept 21

Listing Sept 22

Market Sentiment

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Subscription Status

View Detailed Information

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Analysis Score

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IPO Details

Issue Price	₹56-59 per equity share
Face Value	₹10 Per Equity Share
Lot Size	2000 shares (Min ₹1,18,000)
Total Issue Size	₹26.93 crore
Fresh Share	₹25.57 crore
Issue Type	Book build Issue
Lead Manager	NEXGEN Financial Solutions Pvt.Ltd.
Registrar	Skyline Financial Services Pvt.Ltd.
Listing at	BSE

Market Lot Size

Category	Lots	Shares	Amount (₹)
Retail Minimum	2	4,000	₹2,36,000
Retail Maximum	2	4,000	₹2,36,000
S-HNI Minimum	3	6,000	₹3,54,000
S-HNI Maximum	8	16,000	₹9,44,000
B-HNI Minimum	9	18,000	₹10,62,000

Budget to Lots Calculator ▼

₹

IPO Reservation

Category	Shares Offered	Shares %
QIB	5,64,000	12.36%
NII (HNI)	13,68,000	29.97%
bNII > ₹10L	9,12,000	19.98%
sNII < ₹10L	4,56,000	9.99%
Retail	15,80,000	34.62%
Anchor	8,22,000	18.97%
Total	43,34,000

Return Estimator (GMP*)

Category	Investment	Expected Profit
Retail Minimum	₹2,36,000	+₹0
Retail Maximum	₹2,36,000	+₹0
S-HNI Minimum	₹3,54,000	+₹0
S-HNI Maximum	₹9,44,000	+₹0
B-HNI Minimum	₹10,62,000	+₹0

GMP (Rumour*) +₹0

Exp. Listing ₹59

Return +0.0%

Estimates based on unofficial GMP data. Actual listing price may differ significantly.

Financial Analysis

Financial Data

EPS (Pre)

Rs 8.00

ROE

44.04%

ROCE

17.87%

RoNW

44.04%

EBITDA Margin

8.94%

Debt/Equity

2.60

NAV/Share

Rs 22.18

Revenue Growth

29.79%

Profit Margin

4.66%

Financial Performance

Metric	2024	2025	2026
Revenue	62.23	166.50	216.10
Expense	61.08	159.60	202.51
Profit (PAT)	0.98	4.97	10.06
Total Assets	40.29	71.39	110.12

Values in Crores (₹)

Peer Comparison

Company	EPS	P/E	RoNW %	NAV
Commercial Syn Bags Limited	6.75	43.93	16.86	43.03
Shree Tirupati Balajee Agro Trading Company Ltd	1.08	24.26	3.49	31.61

Promoters & Holding Pattern

Promoters: Ravi Singhal, Vivek Singhal, Trisha Singhal, Priyal Singhal

Strengths & Risks

Strengths

Revenue grew 30% in the latest reported year.
Strong return on equity — 44%.

Risks & Concerns

Elevated leverage — debt/equity of 2.60.

Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.

Purpose	Amount (Cr)
Capital Expenditure	20.88
General Corporate Purposes	-

Resources & Documents

Anchor Investors

Anchor Bidding Date

August 11, 2026

Shares Offered to Anchors

8,22,000

IPO Documents

Draft Red Herring Prospectus Red Herring Prospectus

Company Contact Information

Shop No. 4, 4/1 Nayapura Main Road Indore Madhya Pradesh

Phone

+91-9826648050

md@shaktipolytarp.com

Website

https://shaktipolytarp.com/

Shakti Polytarp IPO — Quick Take

Shakti Polytarp has set a price band of Rs 56–Rs 59 per share for an issue size of Rs 27 crore. The SME issue is scheduled to open for subscription on September 15, 2026 — 5 days from now.

The issue is promoted by Ravi Singhal, Vivek Singhal, Trisha Singhal, Priyal Singhal with NEXGEN Financial Solutions Pvt.Ltd. acting as lead manager. Net proceeds will primarily be used towards Capital Expenditure (Rs 21 crore) and General Corporate Purposes.

On fundamentals, the company is posting revenue growth of 29.8%, a profit margin of 4.7%, return on equity of 44.0% in its most recent reported period. Listed peers in this segment include Commercial Syn Bags Limited (P/E 43.93x) and Shree Tirupati Balajee Agro Trading Company Ltd (P/E 24.26x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.

All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.

By IPO Cracker Editorial Team · Editorial Policy · Data Sources Last updated: Sept 10, 2026

Related guides: What is GMP? · Anchor Investor explained · Allotment Process · How to Apply · Compare with peers

This summary is generated from live market data and company disclosures aggregated from BSE, NSE, SEBI filings (DRHP / RHP) and the registrar's office. It is informational only and not investment advice. Consult a SEBI-registered advisor before investing. How we recommend »

Frequently Asked Questions

The price band of Shakti Polytarp IPO is Rs 56 to Rs 59 per share. Face value is Rs 10 per share.

The total issue size of Shakti Polytarp IPO is Rs 27 crore, comprising fresh issue of Rs 26 crore.

Retail investors must apply for a minimum of 1 lot of 2000 shares, requiring an investment of Rs 1,18,000.

Shakti Polytarp IPO opens for subscription on September 15, 2026 and closes on September 17, 2026. Anchor investor bidding is scheduled for August 11, 2026.

The expected allotment date for Shakti Polytarp IPO is September 18, 2026. Refunds for unsuccessful applicants are expected on September 21, 2026.

Shakti Polytarp IPO is scheduled to list on September 22, 2026 on BSE.

The registrar for Shakti Polytarp IPO is Skyline Financial Services Pvt.Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Shakti Polytarp IPO are NEXGEN Financial Solutions Pvt.Ltd..

The promoter(s) of Shakti Polytarp are Ravi Singhal, Vivek Singhal, Trisha Singhal, Priyal Singhal.

You can apply for Shakti Polytarp SME IPO online before 17 Sept 2026 through any UPI-enabled broker app (Zerodha, Groww, Upstox, Angel One, ICICI Direct, HDFC Securities, or any SEBI-registered broker), or via your bank's ASBA-enabled net banking. The minimum retail investment is Rs 2,36,000 for 1 lot of 2,000 shares. Steps: (1) Open your broker app or your bank's ASBA portal. (2) Search for Shakti Polytarp in the IPO section — the issue must be in the Open window to apply. (3) Enter your bid: select the number of lots (minimum 1 lot of 2,000 shares) and bid at the cut-off price for the highest retail allotment chance. (4) Approve the UPI mandate that arrives on your bidding bank account — this blocks the application amount until allotment, and the funds stay in your account until shares are allotted. Allotment is finalized on T+1, the working day after the close date, and the shares list on T+3. See our How to Apply for an IPO guide for step-by-step screenshots, and the ASBA vs UPI Mandate explainer for how the payment block works.

Consider the IPO's GMP trend, subscription demand, financial health and industry valuation before applying. Full breakdown is available on this page. For how our scoring works, see our How We Recommend guide. This is informational and not investment advice — consult a SEBI-registered advisor.

Shakti Polytarp IPO GMP — What It Means

No active grey market premium has been recorded for Shakti Polytarp IPO yet. GMP is an unofficial, dealer-quoted indicator of expected listing-day demand — not a guaranteed listing price — and it can change quickly once bidding opens.

See the full Shakti Polytarp GMP history and trend, or learn how grey market premium works and how reliable it is.

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