Shakti Polytarp IPO GMP Today, Price & Details
Shakti Polytarp IPO GMP Today, Price Band, Subscription Status, Allotment & Listing Details
About Shakti Polytarp
Shakti Polytarp is entering the market through an SME IPO on the BSE, focusing on the manufacturing of tarpaulins. These products are essential for various industries, including agriculture, construction, and transportation, serving as protective covers against weather elements. The company operates within a segment that sees consistent demand, driven by the fundamental needs of these core sectors. Its scale of operations, as indicated by its recent revenue figures, places it as a growing player in this niche.
Financially, Shakti Polytarp reported a revenue of ₹84.12 Cr and a Profit After Tax (PAT) of ₹2.71 Cr for the period under review. The IPO is structured as a fresh issue, aimed at raising capital for the company's expansion and working capital needs. The issue size is set at ₹27 Cr, with a price band of ₹56 to ₹59 per share. The face value of each share is ₹10, and the lot size is fixed at 2000 shares.
In terms of competitive positioning, Shakti Polytarp operates in a market that, while having established players, also offers scope for niche specialization and efficient production. The company's stated use of proceeds includes funding its business operations and meeting general corporate purposes, which suggests a focus on organic growth and strengthening its financial foundation. This move aims to enhance its manufacturing capabilities and market reach, positioning it to capitalize on the demand for its products.
Shakti Polytarp IPO — Investment Analysis
The Shakti Polytarp IPO is priced at a band of ₹56 to ₹59 per share, with an Earnings Per Share (EPS) of ₹1.91. This translates to a Price-to-Earnings (P/E) ratio of approximately 30.89x at the upper end of the price band. When we compare this to industry averages, it appears to be priced on the higher side, particularly for an SME. Investors will need to assess if the company's growth prospects justify this valuation premium. The NAV of ₹18.98 per share suggests that the IPO is being offered at a premium to its book value.
Looking at the financial health, Shakti Polytarp has posted a revenue of ₹84.12 Cr and a PAT of ₹2.71 Cr. The EBITDA margin stands at a modest 6.18%, indicating that operational efficiency could be an area for improvement. Return on Net Worth (RONW) at 10.79% and Return on Capital Employed (ROCE) at 8.87% are respectable but not exceptionally high, suggesting that the company is generating a reasonable return on its assets and equity. The trajectory of these numbers over the past few years will be crucial for a deeper understanding.
From a growth perspective, the company's intention to use the IPO proceeds for funding its business operations suggests a focus on expanding its capacity or market reach. However, the sector itself is competitive, and growth will depend on market dynamics and Shakti Polytarp's ability to innovate and maintain quality. Key risks include potential fluctuations in raw material prices, intense competition from both larger and smaller players, and the inherent risks associated with SME listings, which often involve lower liquidity and higher volatility compared to mainboard companies. The IPO is a fresh issue, meaning funds will go to the company, which is generally positive for growth, but there's no OFS component mentioned.
The subscription data shows an overwhelming interest from Qualified Institutional Buyers (QIBs), who have subscribed 49.22 times, driving the overall subscription to the same level. Notably, there is zero subscription from retail investors and high-net-worth individuals (NIIs) at the time of this analysis. This divergence in subscription is unusual and warrants careful consideration. While strong QIB interest is a positive signal, the lack of participation from retail and NII segments might indicate hesitation or a lack of awareness among these investor classes, or perhaps the pricing is more aligned with institutional expectations. Investors should consult a SEBI-registered financial advisor before making investment decisions.
Disclaimer: This analysis is auto-generated from publicly available financial data and should not be considered investment advice. Always consult a SEBI-registered financial advisor before making investment decisions.
Shakti Polytarp IPO — Pros & Cons
Strengths
- The company has reported a revenue of ₹84.12 Cr, indicating a tangible scale of operations within its niche. This established revenue base suggests a certain level of market acceptance and operational capability, which is a good starting point for investors.
- Shakti Polytarp has a Net Asset Value (NAV) of ₹18.98 per share. This figure provides a baseline valuation of the company's assets, and with the IPO price band of ₹56 to ₹59, it suggests a significant premium is being placed on future earnings and growth prospects.
- The IPO is a fresh issue, raising ₹27 Cr for the company's own purposes. This infusion of capital is intended to fuel growth and strengthen the company's financial structure, which can be beneficial for long-term value creation.
- The company operates in the tarpaulin manufacturing sector, which has steady demand from essential industries like agriculture and construction. This inherent demand provides a degree of stability and resilience to the business model.
- The lead manager for the IPO is NEXGEN Financial Solutions Pvt.Ltd., a firm known for managing SME offerings. Their involvement can bring expertise in navigating the IPO process and potentially attract institutional interest, as seen with the QIB subscription.
Risks
- The P/E ratio of approximately 30.89x at the upper price band of ₹59 appears quite steep for an SME. This valuation might be a concern, as it suggests investors are paying a high price relative to current earnings, leaving limited room for error.
- The company's profitability margins are relatively thin, with an EBITDA margin of 6.18% and PAT of ₹2.71 Cr on revenues of ₹84.12 Cr. This suggests that the business operates in a competitive environment where cost control and efficiency are paramount.
- Return ratios, such as RONW at 10.79% and ROCE at 8.87%, are decent but not outstanding. These figures indicate that the company is generating moderate returns on its investments, which might not fully justify a high valuation.
- The subscription data shows zero participation from retail investors and NIIs, with all the demand coming from QIBs at 49.22x. This unusual pattern could signal that institutional investors see value at the current price, but it also raises questions about broader market appeal and potential retail investor sentiment.
- SME IPOs, in general, carry higher risks due to lower trading volumes and potential volatility compared to mainboard listings. Investors need to be aware of the potential for illiquidity and significant price swings post-listing.
Shakti Polytarp IPO Details
| Company Name | Shakti Polytarp |
|---|---|
| IPO Type | SME |
| Exchange | BSE |
| Price Band | ₹56 - ₹59 |
| Face Value | ₹10 per share |
| Lot Size | 2000 shares |
| Min Investment | ₹118,000 |
| Total Issue Size | ₹27.00 Cr |
|---|---|
| Registrar | Skyline Financial Services Pvt.Ltd. |
| Lead Manager | NEXGEN Financial Solutions Pvt.Ltd. |
| IPO Status | Listed |
Shakti Polytarp IPO Dates
Shakti Polytarp IPO Subscription Status
Shakti Polytarp IPO Listing Performance
Shakti Polytarp IPO listed on BSE on 22 Sep 2026 at ₹59, a discount of 0.2% below the issue price of ₹59. Investors who received allotment faced a loss of ₹200 per lot (2000 shares) on listing day.
Shakti Polytarp IPO — Key Highlights
- The IPO is seeking to raise ₹27 Cr through a fresh issue, indicating a capital infusion for the company's growth plans.
- Shakti Polytarp reported a revenue of ₹84.12 Cr, showing a substantial operational scale.
- The P/E ratio at the upper price band stands at 30.89x, suggesting a premium valuation.
- QIBs have shown significant interest, subscribing 49.22 times the portion reserved for them.
- The Net Asset Value (NAV) is ₹18.98 per share, with the IPO priced at a considerable mark-up.
- EBITDA margins are reported at 6.18%, indicating the profitability at the operational level.
Shakti Polytarp Financial Performance
| Metric (₹ Cr) | FY 2022 | FY 2023 | FY 2024 | 7M FY 2025 |
|---|---|---|---|---|
| Revenue | 36.73 | 46.22 | 62.01 | 84.12 |
| Expenses | 36.44 | 45.61 | 61.08 | 80.43 |
| Net Income (PAT) | 0.19 | 0.56 | 0.98 | 2.71 |
Shakti Polytarp IPO Valuations & Key Metrics
Valuation Ratios
| EPS | ₹1.91 |
|---|---|
| P/E Ratio | 30.89x |
| NAV | ₹18.98 |
| Debt/Equity | 2.180 |
Return Metrics
| RONW (%) | 10.79% |
|---|---|
| ROCE (%) | 8.87% |
| EBITDA Margin | 6.18% |
| Employees | 76 |
Shakti Polytarp IPO Reservation / Allocation
Shakti Polytarp IPO Lead Manager & Registrar
Book Running Lead Manager
NEXGEN Financial Solutions Pvt.Ltd.
IPO Registrar
Skyline Financial Services Pvt.Ltd.
Shakti Polytarp IPO — Frequently Asked Questions
What is Shakti Polytarp IPO GMP today?
As of today, the Grey Market Premium (GMP) for Shakti Polytarp IPO is not available at this time. GMP values are updated daily based on grey market activity.
What is the price band and lot size of Shakti Polytarp IPO?
Shakti Polytarp IPO has a price band of ₹56 to ₹59 per equity share with a face value of ₹10. The minimum lot size is 2000 shares, requiring a minimum investment of ₹118,000 at the upper band.
What are the important dates for Shakti Polytarp IPO?
Shakti Polytarp IPO opens for subscription on TBA and closes on TBA. The shares are expected to list on BSE on 22 Sep 2026.
What is the investor category allocation in Shakti Polytarp IPO?
The shares are reserved as follows — Qualified Institutional Buyers (QIB): 0.00%, Non-Institutional Investors (NII/HNI): 0.00%, and Retail Individual Investors: 36.46%.
How can I apply for Shakti Polytarp IPO?
You can apply for Shakti Polytarp IPO through your bank's net banking ASBA facility or via UPI-based application through any stockbroker platform. Ensure you have sufficient funds in your bank account as the amount will be blocked until allotment. The registrar for this IPO is Skyline Financial Services Pvt.Ltd..
What is the subscription status of Shakti Polytarp IPO?
Shakti Polytarp IPO has been subscribed 49.22 times overall. Retail category: 0.00x, NII/HNI: 0.00x, QIB: 49.22x.
What is Shakti Polytarp IPO price band and lot size?
The Shakti Polytarp IPO is open with a price band set between ₹56 and ₹59 per share. Each lot consists of 2000 shares, meaning the minimum investment required is ₹118,000 (2000 shares * ₹59). The face value of each share is ₹10.
Is Shakti Polytarp IPO worth investing in?
Shakti Polytarp presents a mixed picture with a revenue of ₹84.12 Cr and decent return ratios like RONW at 10.79%. However, the P/E of 30.89x is on the higher side for an SME, and the EBITDA margins are 6.18%.
Considering the strong QIB subscription but lack of retail interest, investors should weigh the valuation against the company's growth prospects and the inherent risks of SME listings. Investors should consult a SEBI-registered financial advisor before making investment decisions.
What is Shakti Polytarp IPO GMP today?
Grey Market Premium (GMP) for the Shakti Polytarp IPO is an unofficial indicator of market sentiment and potential listing gains. While specific GMP figures fluctuate, a positive GMP suggests investor demand beyond the IPO price, potentially leading to a premium listing. However, GMP is speculative and should not be the sole basis for investment decisions.
Always cross-reference with fundamental analysis.
How to apply for Shakti Polytarp IPO?
You can apply for the Shakti Polytarp IPO through the UPI (Unified Payments Interface) mechanism or the ASBA (Application Supported by Blocked Amount) facility. Ensure you have a Demat account with a SEBI-registered broker. Funds will be blocked in your bank account until the allotment process is completed by the registrar, Skyline Financial Services Pvt.Ltd.