MUMBAI, 15 September 2026 — The published offer terms for Shakti Polytarp set the band at ₹56–₹59 per equity share, with bids scheduled for 15 September 2026 to 17 September 2026. The figures are drawn from the NSE/BSE issue records available at CapKet’s 15 September 2026 review time.
Shakti Polytarp IPO facts
| Issue status | Live on the exchange calendar at the check time |
|---|---|
| Platform | BSE SME — SME |
| Bid dates | 15 September 2026 to 17 September 2026 |
| Price band | ₹56–₹59 per equity share |
| Face value | ₹10 per equity share |
| Bid lot | 2,000 shares |
| Minimum application | 4,000 shares; ₹236,000 at the top of the price band |
| Issue size | Up to 4,564,000 shares, aggregating up to about ₹26.93 crore |
| Issue structure | Fresh issue |
| Lead manager | NEXGEN Financial Solutions Private Limited |
| Registrar | Skyline Financial Services Private Limited |
Shakti Polytarp business context
Shakti Polytarp manufactures tarpaulin sheets, shade net and related flexible protection products. Company information places its manufacturing activity in Madhya Pradesh and describes operations dating from 2011. Polymer input prices, leased facilities, utilisation, customer concentration and environmental regulation are pertinent risks for this plastics-linked manufacturer.
Shakti’s SME application requires 4,000 shares across the minimum lots and reaches ₹236,000 at ₹59. The prospectus should show how new proceeds support machinery, working capital or other stated objects and whether the expected capacity increase has committed demand. Applicants should also separate operating improvements from assumptions based only on growth in the wider plastics industry.
Lot arithmetic for Shakti
The entry requires 4,000 shares, making the indicated commitment ₹224,000 at ₹56 and ₹236,000 at ₹59. This is concentrated SME exposure and the eventual market lot can affect exit flexibility. Neither the quoted band nor an application amount promises allotment, listing gains or ready secondary-market liquidity.
A resin-linked cost base
Tarpaulin, shade-net and flexible-sheet production is exposed to polymer pricing and the time between buying material and collecting from customers. The issuer-specific review should compare raw-material movements with gross margin, check whether price increases can be passed through, and examine inventory ageing. A growth claim is less informative if it requires disproportionate stock or receivables.
Facilities and proposed spending
The prospectus should identify which premises are owned or leased, the machinery to be purchased and the utilisation assumed after installation. For an entirely fresh offer, proceeds can support the stated objects after expenses, but the benefit depends on commissioning dates and demand. Compare project quotations and funding sources with the final Up to 4,564,000 shares, aggregating up to about ₹26.93 crore figure.
Documents that control
Use the current red herring prospectus and exchange addenda if they conflict with this 15 September snapshot. Verify 15 September 2026 to 17 September 2026, the lot rule and the UPI or ASBA deadline through the intermediary. NEXGEN Financial Solutions Private Limited is listed as lead manager, while Skyline Financial Services Private Limited is the recorded registrar for official application and allotment queries.
Reporting basis: CapKet independently transcribed the exchange terms and calculated the bid amounts. This issuer may change its offer through a formal notice, shares can list below the issue price, and allotment is not assured. This report excludes grey-market premiums and is news and education—not investment, legal or tax advice.