Shakti Polytarp Limited (SME)

Minimum Investments

₹2,24,000

Price Range

₹56 - ₹59

Issue Size

₹26.93 Cr

Lot Size

2000shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

Capital expenditure

General corporate purposes

Strengths & Weaknesses

Diversified product portfolio

The company manufactures a wide range of tarpaulin products, including geotextiles, lumber wraps, house wraps, pond liners and green nets, serving industries such as agriculture, construction, automotive, transportation and logistics, and consumer goods. Its facilities enable it to develop customised products based on the requirements of customers across various industries, supporting wider applications and market opportunities

Client relationship

The company has established long-term relationships with domestic clients, generating regular orders and supporting customer retention and new client acquisition. By understanding customer needs and continuously improving its products, the company aims to strengthen existing relationships and expand its presence across existing and emerging markets

In-house manufacturing

The company carries out its manufacturing operations at its facility, which is equipped to develop and manufacture its product portfolio while maintaining quality control to ensure compliance with standard quality norms. Its in-house manufacturing capabilities streamline inventory and production management, support consistent production standards, reduce production time and improve cost efficiency

Regulatory risks

The company’s tarpaulin and shade net manufacturing operations rely predominantly on plastic-based raw materials and are therefore exposed to increasing environmental concerns and stricter government regulations on plastic usage and waste management. New restrictions, additional compliance requirements or partial or complete bans on plastic could require higher capital expenditure and operating costs, reduce production or disrupt manufacturing operations, adversely affecting the company’s business, results of operations and financial condition

Inventory management risks

The company’s manufacturing operations depend on maintaining adequate inventories of raw materials, work-in-progress and finished goods, and ineffective inventory management could increase costs, tie up working capital and result in loss of business opportunities. Overestimating requirements may lead to excess inventory and higher carrying costs, while underestimating them could cause production delays, inability to meet customer demand and higher procurement costs, adversely affecting the company’s business, results of operations and financial condition

Depend on vendor logistics

The company is entirely dependent on third-party logistics providers for transporting raw materials and finished products and does not have an in-house transportation facility or long-term agreements with transport service providers. Disruptions such as vehicle strikes, rising transportation costs, delays or damage to goods in transit could affect procurement, product deliveries and business operations, potentially adversely affecting the company’s financial performance

Financials

Income Statement

Also called a profit and loss statement, an income statement shows a company’s income, expenses, and how much profit or loss it has made over a specific accounting period. It provides a clear view of how well the business is running.

Particulars (in Cr)	Mar 2026	Y/Y Change
Operating Revenue	215.65	+29.72%
Other Income	0.45	+73.08%
Total Income	216.10	+29.79%
Total Expenditure	202.51	+26.89%
EBIDT	19.74	+80.27%
Depreciation	1.80	+55.17%
Interest	4.35	+50.52%
Tax	3.53	+82.90%
Net Profit	10.06	+102.41%

Balance Sheet

A balance sheet is a financial statement that details a company’s assets, liabilities, and shareholders’ equity at a given time. It helps assess how financially strong and stable the company is.

Particulars (in Cr)	Mar 2026
Total Current Assets	41.61
Total Non-Current Assets	68.51
Fixed assets	53.16
Total Assets	110.12
Total Current liabilities	48.29
Total Non Current Liabilities	33.97
Total Equity Plus Liabilities	110.12
Total Shareholder Funds	27.86
Total Debt to Equity	260.00%

Cash Flow

Cash flow highlights the cash or cash equivalents moving in and out of a company during a particular period. It provides a clear picture of how well a company manages its cash by tracking its operating, investing and financing activities.

Particulars (in Cr)	Mar 2026
Cash from Operating Activity	13.40
Cash from Financing Activities	20.17
Cash from Investing Activities	-36.85
Net Cash Flow	-3.29

About the Company

Shakti Polytarp was incorporated on March 22, 2018. The company manufactures water-resistant tarpaulins made from materials such as polyethylene and polypropylene, available in various sizes and thicknesses for different applications. Its products are used across construction, agriculture and transportation to protect equipment, vehicles, building materials and outdoor items from weather conditions

Promoter
Ravi Singhal
Promoter
Vivek Singhal
Promoter
Trisha Singhal
Promoter
Priyal Singhal

FAQs for Shakti Polytarp Limited IPO

Shakti Polytarp Limited IPO refers to the initial public offering of shares by Shakti Polytarp Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

For Shakti Polytarp Limited IPO the issue size is ₹27 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

For Shakti Polytarp Limited IPO the minimum investment is ₹2.2 L. The minimum investment for Shakti Polytarp Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

For Shakti Polytarp Limited IPO the lot size is 2000 shares. The lot size of Shakti Polytarp Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

To apply for Shakti Polytarp Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Shakti Polytarp Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Shakti Polytarp Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Shakti Polytarp Limited IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

For Shakti Polytarp Limited IPO the allotment date is 18 Sep 2026. The allotment date of Shakti Polytarp Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

For Shakti Polytarp Limited IPO, the subscription opens on 15 Sep 2026 and closes on 17 Sep 2026. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.