Shakti Polytarp Limited IPO Details

Factual IPO information from public filings. Not investment advice.

Issue Details

Price Band: ₹56 – ₹59
Lot Size: 2,000 shares
Min. Investment: ₹1,18,000
Total Issue Size: ₹26.93 Cr; 45,64,000 shares
Fresh Issue: ₹26.93 Cr; 45,64,000 shares
Offer for Sale: ₹0 Cr
Face Value: ₹10 per share
Issue Type: Book-built IPO
Listing At: BSE SME
Shares Pre-Issue: 1,25,64,000
Shares Post-Issue: 1,71,28,000

Lot Size & Investment

1 lot = 2,000 shares

Retail (min)

2 lots · 4,000 shares

Retail (max)

2 lots · 4,000 shares

S-HNI (min)

3 lots · 6,000 shares

Application	Lots	Shares	Amount
Retail	2	4,000	₹2,36,000
Small HNI (S-HNI)	3	6,000	₹3,54,000
Big HNI (B-HNI)	9	18,000	₹10,62,000

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
Period	Mar-26	Mar-25	Mar-24
Assets	110.12	71.39	40.29
Total Income	216.1	166.5	62.23
Profit After Tax	10.06	4.97	0.98
EBITDA	19.29	10.69	3.83
Net Worth	27.86	17.8	10.84
Reserves & Surplus	15.3	5.24	5.13
Total Borrowing	72.51	48	23.36

Key Performance Indicators

Key performance indicators
Period	Mar-26
ROE (%)	44.04
ROCE (%)	17.87
EPS (₹)	8
P/E (pre-issue)	7.38
P/E (post-issue)	10.05

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. 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. 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. 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. 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.