Initial Public Offerings (IPOs)

Shakti Polytarp IPO (BSE SME)

₹118,000 /2000 shares

Minimum Investment

Shakti Polytarp IPO (BSE SME) Details

Min. Investment

₹118,000

Lot Size

2000

Price Range

₹56 to ₹59

Issue Size

₹27 Cr

About Shakti Polytarp Ltd.

Incorporated in March 2018, Shakti Polytarp Limited manufactures tarpaulin and Shade Net. Its products are manufactured from PP Granules, Linear Low-Density Polyethylene (LLDPE), Low-Density Polyethylene (LDPE) and High-Density Polyethylene (HDPE), which are used across industries including agriculture, construction, automotive, transportation, logistics, and consumer goods.

Subscription Figures 16 Sep, 2026 12:35

  • QIB 0x
  • NII 1.63x
  • NII ( >10 lakh) 2.25x
  • NII ( <10 lakh) 0.39x
  • Retail 0.2x
  • Total 0.73x

Strengths & Financials of Shakti Polytarp Ltd.

  • Stallion India Fluorochemicals operates four facilities located in Khalapur (Maharashtra), Ghiloth (Rajasthan), Manesar (Haryana), and Panvel (Maharashtra). The company states that these facilities are specifically designed and equipped to store gases under controlled conditions and are located near customers.
  • The company serves a wide range of industries, including air conditioning and refrigeration, fire safety, semiconductor manufacturing, automobile production, pharmaceuticals, medical applications, glass bottle production, aerosols, and spray foam. Stallion India Fluorochemicals states that this diverse client base showcases the demand for the company’s products across various sectors.
  • The company is ISO 9001:2015 certified for quality management systems for its compliance in the filling and sale of compressed refrigerant gases.
  • The company has seen a consistent increase in revenue from operations. Revenue from operations increased from Rs 185.88 crore in FY22 to Rs 225.50 crore in FY23 to Rs 233.23 crore in FY24.
  • Stallion India Fluorochemicals operates four facilities located in Khalapur (Maharashtra), Ghiloth (Rajasthan), Manesar (Haryana), and Panvel (Maharashtra). The company states that these facilities are specifically designed and equipped to store gases under controlled conditions and are located near customers.
  • The company serves a wide range of industries, including air conditioning and refrigeration, fire safety, semiconductor manufacturing, automobile production, pharmaceuticals, medical applications, glass bottle production, aerosols, and spray foam. Stallion India Fluorochemicals states that this diverse client base showcases the demand for the company’s products across various sectors.
  • The company is ISO 9001:2015 certified for quality management systems for its compliance in the filling and sale of compressed refrigerant gases.
  • The company has seen a consistent increase in revenue from operations. Revenue from operations increased from Rs 185.88 crore in FY22 to Rs 225.50 crore in FY23 to Rs 233.23 crore in FY24.

Tentative Date / Timetable

Bid/Offer Opens On Sep 15, 2026
Bid/Offer Closes On Sep 17, 2026
Finalisation of Basis of Allotment Sep 18, 2026
Initiation of Refunds Sep 21, 2026
Credit of Shares to Demat Acct Sep 21, 2026
IPO Shares Listing Date Sep 22, 2026

Company Promoters

1. Ravi Singhal
2. Vivek Singhal
3. Trisha Singhal and Priyal Singhal.

Lead Managers

1. NEXGEN Financial Solutions Pvt.Ltd.

Contact Information

  • Shakti Polytarp Ltd. Shop No. 4, 4/1 Nayapura Main Road, Indore, Madhya Pradesh, 452009
  • Phone No :
  • Email : md@shaktipolytarp.com
  • Website : https://shaktipolytarp.com/

IPO Registrar