Shakti Polytarp Limited

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

1. Offer opens

   15 Sept 2026

2. Offer closes

   17 Sept 2026

3. Allotment

   18 Sept 2026

4. Listing

   22 Sept 2026

• Anchor18.0%8,22,000 shares
• QIB12.4%5,64,000 shares
• HNI30.0%13,68,000 shares
• Retail34.6%15,80,000 shares
• MarketMaker5.0%2,30,000 shares

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.

• Capital Expenditure (₹20.88 Cr)
• General Corporate Purposes (₹2.54 Cr)
• Issue Expenses (₹3.50 Cr)

• <p>Ravi Singhal
• Vivek Singhal
• Trisha Singhal
• Priyal Singhal</p>

Book running lead managers

• NEXGEN Financial Solutions Pvt.Ltd.

Registered office

Shop No. 4, 4/1, Nayapura Main Road, Indore, Madhya Pradesh, 452009

Market maker

Prabhat Financial Services Ltd.

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