Shakti Polytarp IPO

Shakti Polytarp IPO comprises a total issue size of 45,64,000 shares. The net offer to the public is 43,34,000 shares, after excluding 2,30,000 shares allotted on a firm basis. Of the Net offer 13,86,000 (31.98%) are allocated to QIB , 13,68,000 (31.56%) allocated to NII 15,80,000 (36.46%) allocated to RII .

Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.

IPO Subscription Details

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.

Shakti Polytarp Ltd.'s revenue increased by 30% and profit after tax (PAT) rose by 102% between the financial year ending with March 31, 2026 and March 31, 2025.

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