Shakti Polytarp IPO Details: Key Dates, Price Band & Investment Overview

By Wealthova | Last Updated: September 10, 2026

Shakti Polytarp Limited, an established player in the manufacturing of tarpaulins and plastic-based packaging solutions, is gearing up to make its primary market debut with an upcoming ₹26.93 Crore SME IPO. Operating a fully integrated manufacturing facility in Madhya Pradesh, the company focuses on delivering high-quality, weather-resistant HDPE tarpaulins, shade nets, and polymer granules to a diverse B2B and B2C client base across multiple industries. Operating a highly scalable and reliable business model, Shakti Polytarp provides critical bulk packaging and protective cover solutions backed by strong domestic and international demand. The subscription window for this book-built issue opens on September 15, 2026, and closes on September 17, 2026. The price band is set between ₹56 to ₹59 per equity share, comprising entirely of a fresh issue of ₹26.93 Crore (45.64 lakh shares) with absolutely no Offer for Sale (OFS) component. The company plans to utilize the fresh capital primarily to fund major capital expenditure for purchasing plant and machinery to enhance production capacity, alongside meeting general corporate requirements. Set to list on the BSE SME platform, market participants are closely watching this visible, asset-driven manufacturing enterprise, backed by a strong FY26 total revenue of ₹216.10 Crore and a net profit of ₹10.06 Crore. Below, we break down the financial health, industry risk factors, and our honest Smart Market Insights to help you decide if you should subscribe to this issue!

Incorporated in 2018, Shakti Polytarp Limited is a fast-growing, integrated manufacturer of high-quality, water-resistant tarpaulins and diverse plastic-based protective solutions. Operating out of Madhya Pradesh, the company specializes in engineering heavy-duty covers designed to safeguard goods, agricultural yields, and industrial materials from extreme weather, moisture, and harsh environmental exposure.

• Specialized Product Portfolio: The company is widely recognized for manufacturing highly durable six-layer and eight-layer tarpaulins marketed under its flagship "Dinotarp" brand. Beyond tarpaulins, its expanded product suite includes Geotextiles, Lumber Wraps, House Wraps, Pond Liners, and Green Shade Nets.
• Advanced Material Capabilities: Its manufacturing process relies on extruding and processing a wide range of high-grade commercial polymers, including Polypropylene (PP), Linear Low-Density Polyethylene (LLDPE), Low-Density Polyethylene (LDPE), and High-Density Polyethylene (HDPE).
• Multi-Industry Applications: Shakti Polytarp primarily operates on a high-volume B2B model—serving critical sectors such as agriculture, infrastructure, construction, transportation, and logistics—while also catering to retail B2C customers.
• Raw Material Trading: In addition to selling finished protective covers, the company supplements its revenue profile by trading and selling raw plastic granules to other downstream manufacturers.

The Shakti Polytarp IPO is a 100% Fresh Issue of ₹26.93 Crore (comprising 45.64 lakh equity shares). The issue structure is entirely focused on injecting capital into the business for operational scaling, with zero promoter dilution via an Offer for Sale (OFS).

• Capital Expenditure (Capacity Expansion): The core objective of this IPO is growth. Approximately ₹20.88 Crore (nearly 77% of the total issue) is earmarked directly for major capital expenditure. This capital will be used to purchase and install advanced plant machinery to significantly enhance their integrated manufacturing capacity.
• General Corporate Purposes & Issue Expenses: The remaining balance will be strategically deployed to support ongoing working capital requirements, fund day-to-day operational contingencies, and cover the costs associated with listing on the BSE SME.