Shree TNB Polymers IPO Details
Factual IPO information from public filings. Not investment advice.
Issue Details
- Price Band
- ₹52
- Lot Size
- 2,000 shares
- Min. Investment
- ₹1,04,000
- Total Issue Size
- ₹31.2 Cr
- 60,00,000 shares
- Fresh Issue
- ₹31.2 Cr
- 60,00,000 shares
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE SME
- Shares Pre-Issue
- 1,53,44,997
- Shares Post-Issue
- 2,13,44,997
Lot Size & Investment
1 lot = 2,000 shares
Retail (min)
1 lot · 2,000 shares
Retail (max)
1 lot · 2,000 shares
S-HNI (min)
2 lots · 4,000 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual | 2 | 4,000 | ₹2,12,000 |
| Small HNI (S-HNI) | 3 | 6,000 | ₹3,18,000 |
| Big HNI (B-HNI) | 10 | 20,000 | ₹10,60,000 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 145.26 | 127.38 | 105.03 |
| Total Income | 198.31 | 175.7 | 207.97 |
| Profit After Tax | 7.13 | 5.77 | 5.03 |
| EBITDA | 19.2 | 15.47 | 15.22 |
| Net Worth | 55.68 | 48.55 | 34.21 |
| Reserves & Surplus | 40.34 | 38.32 | 25.26 |
| Total Borrowing | 44.56 | 38.5 | 35.82 |
Key Performance Indicators
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| ROE (%) | 13.69 | 13.95 | 15.87 |
| ROCE (%) | 16.02 | 15.25 | 17.06 |
| EPS (₹) | 4.65 | 4.29 | 3.75 |
| P/E (pre-issue) | 11.18 | — | — |
| P/E (post-issue) | 15.57 | — | — |
About Shree TNB Polymers
Shree TNB Polymers was incorporated in March 2007 to bring together businesses that had operated as partnerships since the 1990s, namely Noble Polymers from 1995, Tirupati Plastic Industries from 2000 and Balaji Polymers from 2004. The company manufactures polymer products, including plastic piping systems, HDPE and PVC pipes, irrigation solutions and polymer sheets, for infrastructure, industrial and agricultural use. Manufacturing is based in Silvassa, and the group draws on more than thirty years of combined experience in the industry.
Company Information
Strengths (from RHP)
- The range covers piping, irrigation and sheet products across infrastructure, industrial and agricultural markets.
- Customer and distribution relationships date back to the predecessor partnership businesses.
- Products carry the quality certifications required for infrastructure and agricultural supply.
Key risks (from RHP)
- Manufacturing premises are held on lease rather than owned.
- The offer document discloses delays in making statutory payments.
- It also discloses delays in statutory filings.
- Book running lead managers
- Corporate Makers Capital Ltd.
- Registered office
- Sr. No. 132/1/1/4, Behind Prince Pipes, Athalroad, Silvassa, Dadra and Nagar Haveli and Daman and Diu, 396230