Aliceblue ANTInstall and trade smarter everywhere
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Shakti Polytarp Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹59
Per ShareLot Size
2000 Shares
Minimum Investment
₹1,18,000
Issue Size
₹26.93 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
36.46%
QIB Quota
31.98%
NII Quota
31.56%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
88.51%
Promoter Holding (Post-Issue)
64.92%
Issue Type
Book Building - SME
ISIN
INE05UY01016
Our Company is engaged in the production of tarpaulins, which are water-resistant materials designed to safeguard goods from rain, moisture, and other weather-related exposure. These tarpaulins are typically manufactured from raw materials such as polyethylene, polypropylene, and granules, and are available in various sizes and thicknesses depending on their specific application. Tarpaulins are widely used in industries such as construction, agriculture, and transportation. They are ideal for covering and protecting equipment, vehicles, building materials, and outdoor furniture from rain, wind, sun, and other environmental factors.
The Indian plastic industry is one of the leading sectors in the country's economy. The history of the plastic industry in India dates back to 1957 with the production of polystyrene. Since then, the industry has made substantial progress and has grown rapidly. The industry is present across the country and has more than 2,500 exporters. It employs more than 4 million people in the country and constitutes 30,000 processing units; among these, 85-90% belong to small and medium enterprises. India manufactures various products such as plastics and linoleum, houseware products, cordage, fishnets, floor coverings, medical items, packaging items, plastic films, pipes, raw materials, etc. The country majorly exports plastic raw materials, films, sheets, woven sacks, fabrics, and tarpaulin. The Government of India intends to take the plastic industry from a current level of Rs. 3 lakh crore (US$ 37.8 billion) of economic activity to Rs. 10 lakh crore (US$ 126 billion) in 4-5 years. India exports plastic to more than 200 countries in the world. The top five consumer and houseware product importing countries are the USA, Germany Japan, the UK, and France. India largely exports plastic and related products to the USA, China, the UAE, the UK, Germany, Italy, Bangladesh, etc. The total value of exports to the USA, the largest consumer of the Indian plastic industry, stood at US$ 2.31 billion in 2022-23, a decrease of 4.71% YoY. China was the second largest consumer of plastic export products from India and the total value of exports stood at US$ 690.95 million. The USA and China constituted 19.37%, and 5.78%, of the total plastic exports in 2022-23.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering up to 45,64,000 equity shares of Rs. 10/- each ("Equity Shares") of Shakti Polytarp Limited ("SPL" or the "Company" or the "issuer") for cash at a price of Rs. 59 per equity share including a share premium of Rs. 49 per equity share (the "Issue Price") aggregating to Rs. 26.93 Crores ("the Issue"). The issue includes a reservation of upto 2,30,000 equity shares aggregating to Rs. 1.36 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of upto 43,34,000 equity shares aggregating to Rs. 25.57 Crores (the "Net Issue"). The public issue and net issue will constitute 26.65% and 25.30% respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs. 59/- per equity share of face value of Rs. 10/- each. The floor price is 5.90 times, the face value of the equity shares. Bids can made for a minimum of 4,000 equity shares and in multiples of 2,000 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Our Company is incorporated as a public limited company under the Companies Act, 2013 pursuant to a certificate of incorporation issued by Central Registration Centre, dated March 22, 2018, with the name `Shakti Polytarp Limited' bearing Corporate Identification Number CIN U36900MP2018PLC045379. At present, the registered office of the company is situated at Shop No. 4, 4/1, Nayapura Main Road, Indore, Madhya Pradesh - 452009, India.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.